Dollar Supported by Strong U.S. Data, Higher Treasury Yields
Friday, 17 May 2019 07:46 WIB | CURRENCIES |Dolar Indeks Dolar EuroAussieDolar

The dollar hovered near a two-week high against its peers on Friday, supported by strong U.S. economic data and a bounce in Treasury yields.

The dollar index versus a basket of six major currencies was at 97.832 after reaching 97.882 on Thursday, its highest since May 3.

The greenback reached the two-week peak on robust U.S. housing data and a weekly jobless claims report which pointed to sustained labor market strength for the world's biggest economy.

The euro was steady at $1.1175 after falling to $1.1166 overnight, its lowest since May 6. The single currency has shed 0.55% this week.

The Australian dollar was steady at $0.6891

Source : Reuters

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