Dollar supported by the rise in interest rates expected Economy News / Continue ..
Dollar supported by the rise in interest rates expected
Economy News / Continue ...
last updated 03/15/2017 - 14:01
The dollar rose unexpectedly supported the lifting of widespread interest rates by the Federal Reserve (the US central bank) This week, political risk in Europe the day before the parliamentary elections in the Netherlands.
Monetary Policy Committee meeting of the American Bantrza began a two-day show prices in the futures market to the possibility of 95 percent to raise interest rates Wednesday.
And went up the dollar index, which tracks the performance of the greenback against a basket of six major currencies 0.4 percent to 101.71.
The euro fell 0.4 percent to $ 1.0609 amid caution ahead of the elections of the Netherlands. The euro rose Monday to its highest level in five weeks, surpassing the 1.07 dollars by expectations that the European Central Bank may reduce its stimulus.
The Sterling fell 0.5 percent to $ 1.2158 after it fell earlier to its lowest level in eight weeks amid fears of a possible second referendum on the secession of Scotland and activation of Article 50, which will be launched officially Britain out of the EU negotiations.