The value of the dollar towards the Currency basket rose grown last week, another in a row, because the American Central Bank would not be rushing with further reduction in interest rates.
The dollar index, which shows the value of US towards the six most important world currencies, increased by 0.55 percent last week, to 98.18 points.
He strengthened the dollar according to European currency 0.35 percent, so the euro exchange rate slid to $ 1,1705.
The American currency also strengthened in relation to Japanese, 1.05 percent, so the price of the dollar reached 149.50 yen.
Strengthening the dollar in a row, in a row, thanks to good economic data suggesting that the Fed should not rush in interest reduction.
Namely last week, it was published that the US economy in the second quarter rose 3.8 percent on an annual basis, faster than the first estimate showed.
In addition, the number of requests to assist the unemployed fell seven days for 14,000, at 218,000, lower than the analysts were expected, seebiz.
Strong growth of the economy and the relatively stable labor market states that the American Central Bank should not rush with further reduction in interest rates.
The Fed decreased interest in 0.25 percentage points ago due to labor market weaknesses, and the central bank was to hurriedly continue reducing the price of money by the end of the year.
But the last economic data is questioned.
