The Traderszone Network

Published in TZ Latest News 24 May, 2014 by The TZ Newswire Staff

Dollar Poised for Additional Gains

The US dollar had a good week, appreciating against all the major currencies, except sterling, which was fractionally stronger (0.13%) and the Canadian dollar, which was flat. Underpinned by firm CPI and a robust retail sales report, sterling resisted the dollar’s draw. Canada reported the highest headline CPI before the weekend, and the Canadian dollar was able to recoup what had been the week’s decline.


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