US Dollar Gains Strength Over Second Quarter 2018
- 6 years ago
According to Reuters, the US dollar has been on the rise for months.
Over the last week, the US dollar index has made significant gains, hitting a year high for the second time in recent days.
When compared to six other major currencies, the dollar is up nearly 7-percent over the last three months.
But the dollar's strength has been growing since 2015, when the Federal Reserve began increasing the federal funds rate.
Over the last week, the US dollar index has made significant gains, hitting a year high for the second time in recent days.
When compared to six other major currencies, the dollar is up nearly 7-percent over the last three months.
But the dollar's strength has been growing since 2015, when the Federal Reserve began increasing the federal funds rate.