Dollar hits 14-year high
Advertisement
Advertisement
The dollar has had a strong week.Although the US dollar index is little changed at 100.98 at 7:24 a.m. ET, the index is hovering around 14-year highs.
The currency has gained on the yen four days this week, and four last week, while the euro has seen a record losing streak.
The only major currency to get some gains against the greenback this week? The Canadian dollar.
Friday is a quiet day for data, but the Baker Hughes rig count will be out at 1 p.m. ET.
Advertisement
As for the rest of the world, here's the scoreboard as of 7:27 a.m. ET:
- The euro is tumbling for the 10th consecutive session - the longest losing streak since the currency's inception in 1999. Although the currency has retraced most of its earlier losses, it's still slightly in the red, hovering around 1.0623 against the dollar. Separately, the last poll before the Italian referendum shows 37% "yes," 42% "no," and 21% undecided.
- The Russian ruble is up by 0.1% at 64.7423 per dollar, while Brent crude, the international benchmark, is higher by 0.7% at $46.81 per barrel.
- The Turkish lira is down by 0.3% at 3.3793 per dollar. Earlier, it tumbled to a new record low of 3.4066.
- The Japanese yen is little changed at 110.10 per dollar.
- The British pound is down by 0.3% at 1.2378 against the dollar.
Advertisement
- Welcome to the white-collar recession
- Singapore Airlines was ordered to pay a couple compensation for 'mental agony' after they complained their business-class seats didn't automatically recline
- A 101-year-old woman keeps getting mistaken for a baby on flights and says it's because American Airlines' booking system can't handle her age
- “Wish to follow in the footsteps of PM Modi!” ‘Anupamaa’ star Rupali Ganguly joins BJP
- “Wish to follow in the footsteps of PM Modi!” ‘Anupamaa’ star Rupali Ganguly joins BJP
- Assassin’s Creed Mirage on iPhone 15: Killer game to debut on Pro and iPad on June 6
- 5 worst cooking oils for your health
- From fiber to protein: 10 health benefits of including lentils in your diet