Economic news

Dollar enjoys optimistic U.S. data

On Wednesday the greenback stood stronger after perky U.S. figures further eased hopes for rough policy lighten by the Fed during the current month.  

dollarPhoto: Flickr

The wobbling pound and euro were likewise given an extra boost to the U.S. dollar. 

The dollar index versus its main rivals was successfully unaltered at 97.365 in the wake of adding 0.5 percent the earlier day. 

The dollar gained after more optimistic June U.S. retail sales figures eased hopes that the Fed could shrink rate of interest by 50 bps instead of 25 basis points at its month-end strategy audit. 


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