Economic news

U.S. dollar climbs to the top level since late December

The dollar index against a basket of 6 main currencies kept at 93.270 following preceding growth to 93.457, the top mark since December 22. This level is still 0.05% above yesterday’s notch.

The U.S. dollar has gone up from the middle of last month considering the alleviation of tensions linked to Korean Peninsula, along with steps by the U.S. and China seeking to avert an outright trade war, which encouraged investors to concentrate on the advantages the U.S. has in relation to other states.

April’s figures on U.S. inflation that were below expectations bridled gains, but growth revived after upbeat data on U.S. consumer spending.

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