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The dollar rose on Wednesday, against a basket of currencies hit more than three months, the biggest one-day gain, although U.S. stocks plunged Monday after stabilization, limiting the dollar's safe haven appeal.
The rise in the dollar is largely due to the fall of the euro, after reports that the German SPD leader Schultz would not be the German finance minister.
The European Central Bank Committee Nowotny after the speech, the euro decline intensified. Said Novotny an interview by a newspaper, the United States deliberately suppress the dollar.
"The European Central Committee in a discussion of American control to suppress the dollar, the European Central Bank expressed dissatisfaction," Chapdelaine Foreign Exchange Douglas Borthwick said the Department in charge of foreign exchange.
The rise of the dollar index continued to fourth days. The end of the end, up 0.80%, to 90.298.
As the dollar rose, investors preferred the dollar as compared with the euro and other economies that were thought to grow faster than the US.
"The dollar has a long-term impact, is actually from relative to other major trading partners of economic fundamentals and monetary policy path and inflation, but is unlikely to be due to short-term fluctuations in the market," U.S Bank Wealth Management senior vice president Bill Northey said.
The euro fell 0.82% to $1.2274, while Australian and New Zealand dollar fell by 1.02% and 1.59%, respectively.
The dollar hit 109.710 yen early on Wednesday, as the Japanese stock market.N225 rose sharply, following a rebound from U.S. stocks on Tuesday's end of JPY=.
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