SINGAPORE/TOKYO—The dollar gained ground against the euro and sterling on Thursday after earlier hitting a 24-year peak against the Japanese yen, as investors positioned for higher U.S. interest rates and remained concerned about the health of European economies.
The euro slid 0.37 percent to just hold above parity against the dollar at $1.10016, while the pound hit a fresh two-and-a-half year low of $1.15545 down around 0.5 percent, as the safe-haven dollar was supported by moves away from riskier assets.
The U.S. dollar index, which measures the greenback against a basket of currencies, was up 0.34 percent at 109.09, not far off its two-decade high of 109.48 hit on Monday….
The euro slid 0.37 percent to just hold above parity against the dollar at $1.10016, while the pound hit a fresh two-and-a-half year low of $1.15545 down around 0.5 percent, as the safe-haven dollar was supported by moves away from riskier assets.
The U.S. dollar index, which measures the greenback against a basket of currencies, was up 0.34 percent at 109.09, not far off its two-decade high of 109.48 hit on Monday….
Related posts:
Transgender Agenda Marches On: Nellis Air Force Base Hosts First-Ever Drag Queen Show
Blueprint For Reconstructing Racist America
Is Obama the Biggest Puppet in History?
The Myth Of The Invincible Dollar
Why the ‘Make America Worse’ bill will lead to higher inflation
Biden’s Dollar Plan a ‘Deeply Troubling Development’