Rise in the dollar last Friday, a series of strong against major currencies on expectations the data to promote the view that the U.S. economic recovery faster than other developed countries.
The euro fell the lowest level since mid-July, only slightly higher than the 1.39 U.S. dollars as investors still worried about the smaller euro-zone countries, such as Greece and Portugal, a number of financial health.
U.S. economic growth rate higher than expected 5.7 percent clip in the fourth quarter, the fastest pace in more than six years. A separate report showed U.S. Midwest business activity expanded more than expected, while consumer confidence hit a two-year highs. For more information, please see [ID: nN28246399]
"The market is considering this issue as the United States, toughness, and comparing with the euro zone and Britain, and even signs of weakness in Asia," Dolan said that in Forex.com in Bedminster, New Jersey, chief foreign exchange policy. "So this is one reason the U.S. dollar benefited from, I must have a higher U.S. dollar in the next few weeks."
In the morning trading, the dollar rose 0.9 percent to ¥ 90.72 yen, rose to 90.92, the highest in about a week, according to Reuters data.
The euro against 1.3912 U.S. dollars, down 0.4 percent one day. It has fallen to 1.39 ○ San dollars, July 13 the lowest level since, according to Reuters data.
European Union Monetary Affairs Commissioner Joaquin Almunia said Friday, the European Union on the Greek government rescue is not possible to expand the premium rise, investors demand will remain 10-year Greek government bonds, rather than the benchmark German bond yields. [ID: nLDE60S0XN]
ICE Futures U.S. dollar index is a basket of six major currencies measures, touched 79.327 high. "Dollar index" the best since the mid-August. It rose 0.4 percent.
The euro fell the lowest level since mid-July, only slightly higher than the 1.39 U.S. dollars as investors still worried about the smaller euro-zone countries, such as Greece and Portugal, a number of financial health.
U.S. economic growth rate higher than expected 5.7 percent clip in the fourth quarter, the fastest pace in more than six years. A separate report showed U.S. Midwest business activity expanded more than expected, while consumer confidence hit a two-year highs. For more information, please see [ID: nN28246399]
"The market is considering this issue as the United States, toughness, and comparing with the euro zone and Britain, and even signs of weakness in Asia," Dolan said that in Forex.com in Bedminster, New Jersey, chief foreign exchange policy. "So this is one reason the U.S. dollar benefited from, I must have a higher U.S. dollar in the next few weeks."
In the morning trading, the dollar rose 0.9 percent to ¥ 90.72 yen, rose to 90.92, the highest in about a week, according to Reuters data.
The euro against 1.3912 U.S. dollars, down 0.4 percent one day. It has fallen to 1.39 ○ San dollars, July 13 the lowest level since, according to Reuters data.
European Union Monetary Affairs Commissioner Joaquin Almunia said Friday, the European Union on the Greek government rescue is not possible to expand the premium rise, investors demand will remain 10-year Greek government bonds, rather than the benchmark German bond yields. [ID: nLDE60S0XN]
ICE Futures U.S. dollar index is a basket of six major currencies measures, touched 79.327 high. "Dollar index" the best since the mid-August. It rose 0.4 percent.
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