The US dollar surged to new highs while the euro plunged below $1.11 which is an 11-1/2 year trough before the European Central Bank starts quantitative easing.
The dollar reached its highest level since September of 2003 versus major currencies and increased 0.60 percent (95.957). It even touched 96.041 during trading after the publication of economic data.
The ADP National Employment Report presented 212,000 jobs in the private sector.
The ADP figures showed strength highlighting expectations for an early interest rate increase and a boost for the US currency, according to economic analysts.
The single currency stood at $1.1072 which was 0.90 percent off for the trading day and below the primary support level. Data revealed It declined to $1.1066, the lowest for the euro versus the dollar since September of 2003.
It also decreased to one-month lows against the Japanese currency which was even compared to the US currency (119.72 yen to the dollar).
US dollar index gained approximately 6.3 percent for the first two months of this year aided by better performance of the national economy against other major economies.
The ECB will make public details of its 1.1 trillion euro bond-acquisition agenda which can stimulate other European economies as the Fed prepares to increase cash rates for the first time dating back to 2006.

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