Economic news

Review: Dollar firms on sustainable ECB policy

The dollar got benefit from declining anticipations that the European Central Bank was ready to end its monetary policy.

The dollar index rose by 0.1% to 100.060. It jumped to a one-week peak overnight as the euro dropped because of fears about Brexit's influence as well as news that ECB officials try to convince investors that their liberal monetary policy is far from being compleat.

The euro fell by 0.1% to $1.0750. Pound increased slightly to $1.2445.

The dollar edged up 0.2% against the yen to 111.27.


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