The dollar continues to rise against other currencies
The dollar continues to rise against other currencies
27/1/2017 15:19
[Where-up] The
dollar rose 0.5 another percent against a basket of currencies on Friday after US President Donald Trump indicated that he would go ahead with the imposition of rate of tax to 20 percent coming from Mexico goods to pay for the cost of building a wall on the border between the United States and its southern neighbor.
The dollar rose over two days at a time when the markets returned to focus on the Trump policies supporting trade and in the light of expectations that the US currency will benefit from the tariff increase on the border, prompting the dollar to rise from the lowest level in seven weeks hit on Wednesday but without achieving change little over the week.
And went up the dollar index , which tracks the performance of the greenback against six major currencies , was up 0.3 percent to 100.66 in early European trading , up from its lowest level in three weeks of 99.793 hit on Thursday.
The dollar was steady at 1.0678 euros, while rose 0.5 percent against the Japanese currency to 115.14 yen.
The Swiss franc rose to its highest level in seven months on Thursday , thanks to the news of the acquisition of Johnson & Johnson on Actelion in a deal worth $ 30 billion. Franc remained low in recent months thanks to the Swiss National Bank interventions [ the central bank].
alliraqnews.com
