The Traderszone Network

Published in TZ Latest News 17 December, 2015 by The TZ Newswire Staff

Dollar gains traction, BOJ next up to the plate

The U.S. dollar stood at its highest in two weeks against a basket of currencies early on Friday, having made a decisive move a day after the Federal Reserve delivered a long-awaited hike in interest rates. The Canadian dollar was now close to a 12-year low, having come within a whisker of C$1.40 per USD (CAD=D4). The U.S. dollar index (.DXY) was flirting with 99.000, holding onto a 1.2 percent gain on Thursday – its biggest rise in over a month.