Greenback Gained Momentum Versus Main Counterparts Today Thursday

Thursday, 27/09/2018 | 10:43 GMT

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Greenback gained momentum versus its main counterparts today Thursday amid the markets digesting the Fed's latest rate increase while monetary tightening will likely resume within the upcoming year.

The U.S. dollar index traded to 94.16 rising 0.31%. Yesterday, Wednesday, the Federal Reserve increased rates to 2.25%.

The EURUSD approached the 1.1701 declining 0.32%, the GBPUSD aimed at 1.3112 falling 0.42%, and the USDJPY reached the 112.60 depreciating 0.11%.

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Source: https://www.exclusivecapital.com/greenback-stronger-as-market-digests-feds-rate-rise/

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