U.S. dollar upper to 1-month highs

The U.S. dollar resumed oscillating close to its 1-month high areas versus its major counterparts today being supported by a probable upcoming tax reform in the U.S. as well as Janet Yellen's hawkish comments.

Euro and U.S. dollar higher to 1.1767

The greenback was further supported by the positive data on the durable goods orders in the U.S.

The EUR/USD pair traded to 1.1767 rising 0.18%, the GBP/USD to 1.3363 declining 0.16%, the USD/CHF at 0.9740 escalating 0.19%, and the USD/JPY at 112.81 stable.

The USD/CAD approached the 1.2406 zone appreciating 0.08%, the NZD/USD traded to 0.7190 dropping 0.13%, and the AUD/USD at 0.7823 falling 0.31%. The U.S. dollar index aimed at 93.29.

Oil rises as tensions increase

Oil appreciated following the increase in the tensions around Iraq and Kurdistan. Brent crude oil reached $58.50 a barrel rising 60 cents, and light crude approached $52.74 climbing 60 cents.

The crude inventories in the U.S., last week, declined 1.8 million barrels against the predictions for a 3.4 million figure.

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