Global forex market
THE US dollar has navigated a busy week with welcome exchange rate relief for American importers. The greenback enjoyed multi-week highs, helped by flow of good macroeconomic news in the past couple of weeks and in response to Yellen’s semi-annual Monetary Policy testimony to Congress as she seemed more upbeat on current levels of activity in the Q&A session who said the central bank could bring forward rate hike plans should the job market kick into a higher gear.
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