Weekly Market Review: Dollar exchange rate in the world markets – Video 

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Dollar exchange rate in the world markets

Let us review the economic events of the last week. Last week the dollar slumped significantly. There was no especially disappointing news on the US economy. But some concerns arose on Tuesday: the US Fed may delay the rate hike indefinitely. As the dollar index hit the six-year high, it triggered a strong retracement. The US Retail Sales in November upped 0.7% on Thursday, the largest growth in eight months. The Consumer sentiment index for December hit the January high and…

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Source: ifcMarkets- Dollar exchange rate in the world markets

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