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U.S. dollar trades to fourteen-year highs

U.S. Dollar

The U.S. dollar appreciated versus its main counterparts to fourteen-year highs, following the latest optimism that the economy in the U.S. is expanding and strengthening the most.

Euro and U.S. dollar 0.29% weaker

The EUR/USD pair reached the 1.0593 zone, sliding 0.29%. The U.S. currency escalated after the initial jobless claims dropped to 235,000.

The housing starts climbed to 1.323 million units and the building permits rose to 1.229 million units.

The GBP/USD traded to 1.2386, dropping 0.29%, and the USD/JPY traded at 110.73, climbing 0.55%. The U.S. dollar index reached the 101.34 zone, rising 0.34%.

Japan

Japan's exports most likely declined in October, for the thirteen consecutive month, amid a stronger Japanese yen and weaker core consumer prices.

Colombia

Colombia's industrial production dropped from 9.4% to 4.0%. The analysts predicted the indicator to fall to 3.7%.

Germany

Germany's producer price inflation climbed from -0.2% to 0.7%. The nation's PPI was predicted to rise 0.1%.

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Friday, 18 Nov, 2016 / 9:44

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Source : https://www.argusfx.com/en/research-education/market-analysis/news/u.s.-dollar-trades-to-fourteen-year-highs

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