Growth of the US dollar on Monday in quiet trade

During the first day of the new week the trading on the currency markets remained relatively peaceful amid normal levels of liquidity.
The US dollar registered a rise in value against most major currenciesin a day that with no important economic data from Europe and the US.
Late last week, excellent data on new jobs in the US in December gave ground to analysts to predict that the dollar will continue its excellent performance in the 2016. There is a big possibility for a new increase in interest rates in the the US on one of the forthcoming meetings of the Fed's in the summer, if inflation starts to rise to the desired levels of 2%.
On Monday, the dollar index, which measures the performance of the dollar against a basket of six currencies, jumped with 0.38 percent to 99.91 points.
EUR/USD recorded a reduction with 60 pips, exchanging at the end of the day at the level of 1.0858. Meanwhile, the dollar managed to recover partially from collapse against the Japanese yen in recent weeks, as the currency pair USD/JPY ended with a growth of 0.52% to 117.74, breaking a series of five consecutive negative trading sessions.
The British pound enjoyed the great interest by market participants, as against the US dollar it registered a growth of nearly 16 pips to 1.4541.