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U.S. dollar crowns best quarter since June 2018 with one-year high vs yen

From reuters.com

The dollar rose on Wednesday, hitting a one-year high versus the yen and multi-month peaks with other currencies as investors bet fiscal stimulus and aggressive vaccinations will help the United States lead a global pandemic recovery. The dollar index, a gauge of the greenback against six major currencies, however fell 0.1% to 93.189. But it posted its biggest quarterly gain since June 2018, up 3.56%. The index rose as far as 93.439, the highest in almost five months. It has climbed from close to 90 at the start of March, on course for its best month since July 2019. The greenback held its gains following data ... (full story)

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  • Category: Fundamental Analysis