Dollar was trading Thursday, at its highest level in seven months against a basket of currencies after data showed increased optimism that the U.S. economy is on its way to recovery and can withstand monetary tightening
The gains helped widely in pushing the dollar index to rise 0.1% on the day to 80.996, not far from its highest level in seven months, who scored on Wednesday at 84.055 after data showed U.S. retail sales rose in February at the fastest rate in five months.
The euro $ 1.2951, down 0.1% to near its lowest level in three months at $ 1.2923 hit on Wednesday.
The dollar also rose to its highest level in four months at 5.7968 Norwegian kroner after the central bank postponed the appointment is expected to raise interest rates.
Continued both the euro and the dollar to appreciate against the Japanese yen The dollar increased 0.3% to 96.40 yen and the euro rose 0.2% to 124.75 yen
Source: Reuters
awesome paintings.just desired to drop a comment and say i am new to your weblog and certainly like what i'm studying.thanks for the sharing
ReplyDeleteVery informative, keep posting such good articles, it really helps to know about things.
ReplyDelete