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The dollar retreated from its highest level in nine years

The dollar retreated from its highest level in nine years

 

The dollar retreated from its highest level in nine years
The dollar retreated from its highest level in nine years

 

Investors trimmed their positions in dollars Wednesday, in preparation for the Christmas holiday green back to the landing of the highest levels in nearly nine years after strong data on the growth of the US economy last Tuesday reinforced expectations that the Federal Reserve (Central American) to raise interest rates.
The dollar fell 0.13 percent to 89.943 versus a basket of currencies Tuesday after data showed GDP growth of the United States in the third quarter of the year at a rate of five percent.
The record level of the dollar index has not been achieved since March of 2006. The index rose 12.3 percent this year and is heading to recording the best annual performance in nearly ten years.
The euro rose 0.20 percent, but still near its lowest level in 28 months of $ 1.2164 hit after US economic growth data release.
It is expected that the currencies of countries producing commodities remain under pressure early 2015, given the slowdown in global demand, which saw a decline in the price of oil and iron ore.
The Australian dollar was slightly higher against the US currency and the decline in the Canadian dollar against the US currency.
The price of the pound sterling jumped 0.28 percent to $ 1.5563, up from its lowest level in 16 months, which struck on Tuesday. Euro 0.1 percent and fell to 78.32 pence.