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U.S. dollar higher against its counterparts

U.S. dollar recovered versus its major counterparts but resumes being lower, amid the traders digesting the FED's and Bank of Japan's announcements.

U.S.dollar index higher at 95.40

The U.S. dollar index traded higher thus ending the week at 95.40, rising 0.1% on Friday.

The USD/JPY, before settling back to 100.96, declined to 100.06 last Thursday. During the week the currency pair decelerated 1.27%.

The EUR/USD ended at 1.1227 after reaching the 1.1256. The currency pair gained 0.64% for the week.

The GBP/USD, before setting at 1.2995, traded as low as 1.2915, amid the talks on Britain's exit from the EU resuming. The USD/CAD traded at 1.3168, strengthening 0.96%.

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Monday, 26 Sep, 2016 / 7:37

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Source : https://www.argusfx.com/en/research-education/market-analysis/weekly/u.s.-dollar-higher-against-its-counterparts

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