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Dollar remains virtually unchanged below the 14-years’ peak

USD has remained practically unchanged in regard to other currencies on Friday, and is about 14-years’ maximum.

23.Dec.16 3:49 AM
By Anna Tuzova


Dollar remains virtually unchanged below the 14-years’ peak
Optimism about USA economy’s power is not decreasing, while the volume of trading, as expected, will be kept demoted on Christmas Eve.

The EUR/USD pair increased by 0,08% to 1,0443.

The US Ministry of Trade stated, that gross domestic product has grown by 3,5% in annualized terms in three-month period ended September 30, in comparison with the previous mark of 3,2%, and which is over expected 3,3%.

USD, in general, has been supported after the Federal Reserve increased the interest rate and the three more raisings in 2017 are anticipated, compared with two predicted in September projection. 

The GBP/USD remains stable at 1,2287.

At the same time USD/JPY gone down by 0,14 per cent to 117,38.

Market players are focused in the search for the further guidance on US reports on residential sales on the primary market and consumerism.

The USD Index, which shows the dynamic of the American currency against the trade-weighted basket representing six main rivals, is stable at 103,00, trading next to the new Tuesday’s 14-year period maximum of 103,62.

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