lundi 9 mars 2015

Forex Trading : Dollar rises to highest price in 11 years against the euro center the focus on Greece crisis


Forex Trading : The US dollar rose to its highest price in 11 years and a half against the euro during Monday's trading, with a strong jobs report boosted from the United States which was released on Friday, expectations for higher interest rates.
It has dropped the euro / dollar to record lows by 1.0823, the lowest level since September 2003, and was last traded at 1.0842.
The dollar rose on Friday after official data showed the US economy added 295 000 jobs last February, much more than the expectations that were looking forward to 240 000 jobs.
The unemployment rate fell by 5.5% from 5.7% in January, the lowest level since May 2008.
Raised strong job expectations that the Federal Reserve may start raising interest rates around the middle of this year's report.
The dollar index, which measures the strength of the dollar against a basket of six major currencies, to its highest level in 11 years by 97.71 on Monday.
In the euro zone, the euro group of finance ministers to hold talks in Brussels later today to discuss the Greek proposed economic reforms.
Athens and reached a tentative agreement with lenders last month to extend the rescue package for four months, but must complete a review of the rescue plan before you can access to more financial aid.
The euro rose against the yen, with EUR / JPY rising 0.08% to hit 131.06, away from its lowest level in a month and a half of $ 130.69 and recorded overnight.
At the same time, the dollar / yen rose to record 120.89, not far from the highest price in three months on Friday at 121.27.