Wednesday, 25 October 2017

The dollar is close to its highest levels in anticipation of the ECB

The dollar changed slightly yesterday, sticking to its highest values ​​in two weeks before the decision of the ECB later this week.
The dollar index was traded late last night at 93.94 points. The euro traded 0.1% up against the US dollar, at 1.1760, against its 1.1750 prior day.
This week will be extremely saturated at meetings of central banks. There are decisions about the monetary policies of the Bank of Canada, the Swedish and Norwegian central banks, and the ECB on Thursday.
The dollar has found some support after rising interest rates on US government bonds, with 10-year bonds reaching 2.4 percent.
Data released yesterday about activity in the industry sector showed a steady performance of the US economy this month.


No comments:

Post a Comment