The U.S. dollar soared Friday, building on big gains scored in 2014, on expectations the Federal Reserve will raise interest rates while the European Central Bank and Bank of Japan continue to loosen monetary policy in the year ahead.
The ICE dollar index DXY, +0.97% rose to 91.11, up from 90.27 in late North American trade on Wednesday and marking its highest level since March 2006, according to FactSet data. The index rose almost 13% in 2014, to mark its best yearly gain since 2005.
The shared currency EURUSD, +0.00% fell to $1.2001, down from $1.2099 on Wednesday, its lowest level since 2010.
The pound GBPUSD, +0.00% changed hands at $1.5334, down from $1.5578. The Australian dollar AUDUSD, +0.00% fell to 80.84 U.S. cents, compared with 81.81 cents on Wednesday.
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The ICE dollar index DXY, +0.97% rose to 91.11, up from 90.27 in late North American trade on Wednesday and marking its highest level since March 2006, according to FactSet data. The index rose almost 13% in 2014, to mark its best yearly gain since 2005.
The shared currency EURUSD, +0.00% fell to $1.2001, down from $1.2099 on Wednesday, its lowest level since 2010.
The pound GBPUSD, +0.00% changed hands at $1.5334, down from $1.5578. The Australian dollar AUDUSD, +0.00% fell to 80.84 U.S. cents, compared with 81.81 cents on Wednesday.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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