Wednesday, March 14, 2018

Dollar on fresh highs after strong

Dollar on fresh highs after strong US data

Friday night
the dollar once again close to the 4.5-year-old
high against other major currencies
thanks to positive US
data. Reports showed that retail
sales rose in October by 0.3%, while
analysts expected only to rise
0.2%. Recall, it was recorded in September
drop of 0.3%.


The dollar index
increased by 0.54% - to 88.31, and the highest
level since June 2010.


The EUR / USD weakens
0.56% - up to 1.2406, approaching the two-year
lows after reports that
Inflation in the euro area remained unchanged in
October, although the increase was in September
0.4%. The annual inflation rate in evrobloke
remained unchanged.


GBP / USD has fallen
0.54% - to 1.5625, and USD / CHF rose by 0.47% - to
0.9681.


The pound came under
pressure after control
National Statistics UK
reported that the volume of construction in
the country grew by 1.8% in September, much
below expectations - expected growth of 3.7%.



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