The dollar continues to rise, reaching a fresh 2-week high
On Monday, the dollar continues to rise against a basket of major currencies, hitting a fresh two-week high on Friday’s publication of positive data on US inflation, continues to support the US currency.
USD / JPY The pair has risen by 0.50% to 113.22.
The dollar was supported after data on Friday showing that core inflation rose in January at the fastest pace in four years, and to strengthen the assumption that the Federal Reserve is likely to continue to tighten monetary policy this year.
The EUR / USD fell by 0.92% to 1.1029.
The euro fell after Markit said the composite index of business activity in the euro area (for the manufacturing and service sectors), fell in February to a 13-month low of 53.0 from 53.6 in January values. Economists had forecast 53.3.
The report came shortly after other data showed that French private sector activity fell last month to reduce the territory, while business activity in Germany grew at the slowest pace in seven months.
These have increased the pressure on the European Central Bank, to the intensified measures to strengthen growth in the region.
The dollar rose against the pound and the Swiss franc, with GBP / USDsnizilas 2.17% to six-year low 1.4093 and the pair USD / CHF rose 0.77% to 0.9982.
The pound came under pressure of large-scale sales in the sudden decision of the mayor of London Borisa Dzhonsona to support the campaign to overcome the UK from the European Union.
On Friday, British Prime Minister David Cameron has reached an agreement with the EU leaders to empower the country’s special status in the unit is now allowing appoint a referendum on Britain’s membership of the EU on June 23.
However, on Sunday, Mayor Boris Johnson said he would support a campaign to overcome, arguing that it is a chance to “vote for real change.”
This statement is a serious blow to the campaign the prime minister, the speaker for his country to remain within the EU.
Later today Devid Kemeron will present to the deputies his argument in favor of a finding of the UK as part of the reformed unit.
Meanwhile, Australian and New Zealand dollars grow pair AUD / USDpodnyalas 0.64% to 0.7197 and a pair NZD / USD increased by 0.71% to 0.6679.
Pair USD / CAD fell 0.37% to 1.3713.
Commodity currencies have been supported since Monday oil prices back towards $ 33 a barrel amid reduced concerns about the oversupply of raw materials in the world.
USD index, which indicates the ratio of the dollar against a basket of major currencies, was up 0.88% to 97.48, reaching the highest level since February 3.
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