I can also read a chart!
The US dollar is climbing
The dollar is climbing. The US dollar index is up by 0.5% at 102.52 as of 8:24 a.m. ET. Recent "political developments have been unable to derail the dollar, which is edging higher against most of the major currencies today," Marc Chandler, global head of currency strategy, wrote. Still, "the focus is on US political and the high degree of uncertainty," he added. On Wednesday, Rex Tillerson, the former CEO of Exxon and nominee for secretary of state, will take the hot seat for his Senate confirmation hearings and President-elect Donald Trump is due to give his first press conference since July. ... (full story)
- Posted: Jan 11, 2017 10:25am
- Submitted by:Category: Fundamental AnalysisComments: 7 / Views: 1,647