Holiday

Global shares edge up as investors shrug off a more hawkish Fed, while Europe's COVID-19 cases hit the euro

12 days ago   |   By Business Insider

The euro is under pressure from a surge in COVID-19 cases. Picture Alliance/Getty Images
Global shares rose, shrugging off a more hawkish outlook for US interest rates that bolstered the dollar.
The euro hit 17-month lows, under pressure from a COVID-19 surge in Europe and the dollar's allure for yield-seeking investors.
US markets were closed for the Thanksgiving holiday.
Global shares edged higher Thursday, shaking off the prospect of faster interest-rate rises from the Federal Reserve, although trading was light given the US Thanksgiving Day holiday. Meanwhile, the euro slid to its...
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