Home / dollar / The dollar rose 0.65 percent against the yen which tracks the greenback against six currencies

The dollar rose 0.65 percent against the yen which tracks the greenback against six currencies

The dollar index , which tracks the greenback against six currencies, rose 0.35 percent.
“The readings on jobless claims and the Philly Fed index back expectations for faster (second-quarter) growth and a Fed rate hike next month.”
The dollar rose 0.65 percent against the yen, which registered its biggest daily gain against the dollar since July on Wednesday.
The Swiss franc <CHF=> earlier hit its strongest level against the dollar since Trump’s election in November.
Manimbo said he expected the data could help revive investor expectations for a rate hike when the Fed meets next, on June 13-14.

Robust U.S. data helps reverse dollar slide

dollar slide

as mentioned in “The readings on jobless claims and the Philly Fed index back expectations for faster (second-quarter) growth and a Fed rate hike next month.”
The dollar index .DXY, which tracks the greenback against six currencies, rose 0.35 percent.
The dollar rose 0.65 percent against the yen, which registered its biggest daily gain against the dollar since July on Wednesday.
The Swiss franc CHF= earlier hit its strongest level against the dollar since Trump’s election in November.
Manimbo said he expected the data could help revive investor expectations for a rate hike when the Fed meets next, on June 13-14.

as mentioned in “The readings on jobless claims and the Philly Fed index back expectations for faster (second-quarter) growth and a Fed rate hike next month.”
The US dollar index, which tracks the greenback against six currencies, rose 0.35 per cent.
The US dollar rose 0.65 per cent against the yen, which registered its biggest daily gain against the US dollar since July on Wednesday.
The Swiss franc earlier hit its strongest level against the US dollar since Mr Trump’s election in November.
The British pound fell 0.25 per cent against the US dollar, to US$1.2931, tumbling after what analysts said was likely a technical selloff.
 US dollar

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