On Tuesday, the euro hit its highest level against the US dollar since April 2018, rising to $ 1.2274.

The dollar fell to near a two-and-a-half year low on Tuesday, as investors' appetite for risk increased as US lawmakers went ahead with an enhanced aid package linked to "Covid-19".

European stocks also continued their gains at the end of the year, as global growth prospects were boosted by a trade agreement linked to Britain's exit from the European Union and hopes for an increase in the US stimulus package and the race campaign in the euro area to vaccinate "Covid-19".

Source: "Reuters"

By:Nadeemy Haded See Less