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The Dollar Continues to Rise as the Euro Falls

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rocky
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The Dollar Continues to Rise as the Euro Falls

Post by rocky on Wed 17 Jan 2018, 3:39 am


The Dollar Continues to Rise as the Euro Falls

12:20 - 17/01/2018
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The US dollar continued to recover against major currencies on Wednesday, ahead of economic data, and after data affected the gains of the euro.
By 7:50 am GMT, the dollar was up 0.4% at $ 1.2213 and the yen up 110.76 yen by 0.3%.
The greenback was up 0.2% at $ 1.3770, while it rose 0.4% against the franc at 0.9631 francs.
The euro lost some of its gains after reports that some members of the Social Democrats were against talks with the Christian Democrats, represented by German Chancellor Angela Merkel, which has raised concerns about forming a coalition government.
Investors are looking to release later today US industrial production data and the Federal Reserve's Beige Book report. Ending / 25 g




    Current date/time is Sun 27 May 2018, 4:26 pm