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Frankfurt / Main (dpa) - The euro has continued to soar.
On Thursday the exchange rate rose to 1.2173 US dollars and thus reached its highest level since April 2018. Since the beginning of the week, the common currency has been able to expand its high.
The European Central Bank (ECB) set the reference rate at 1.2151 (Wednesday: 1.2066) dollars.
The dollar cost 0.8230 (0.8287) euros.
"The euro is benefiting from the weakness of the dollar and the prospect of vaccinations against Covid-19," commented foreign exchange expert Patrick Boldt from Landesbank Hessen-Thüringen (Helaba).
Against this background, weak economic data from the eurozone could not slow down the common currency.
In November, the mood among purchasing managers in the services sector deteriorated significantly.
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In the afternoon, economic data from the USA also gave the euro a further boost.
Key figures on the mood of the purchasing managers in the service provider sector were also published here, which were weaker due to the second corona wave.
The sector is particularly hard hit by measures to contain the pandemic.
There were also strong gains in the British pound, which reached its highest level in trading with the US dollar since December 2019.
Market participants are still watching the negotiations on a trade agreement between the EU and Great Britain with suspense.
Most recently, the hope of an agreement had given the pound a boost on several occasions.
In relation to other major currencies, the ECB set the reference rates for one euro at 0.90358 (0.90490) British pounds, 126.49 (126.13) Japanese yen and 1.0831 (1.0819) Swiss francs.
The troy ounce of gold (31.1 grams) was trading at $ 1,834 that afternoon in London.
That was about three dollars more than the day before.
© dpa-infocom, dpa: 201203-99-561358 / 2