Thursday, June 12, 2008

US Dollar more expnsive

The US Dollar, is getting richer with highest step from two years due to speculations, that the financial ministers of G8 will signalize during the meeting at the end of the week in Japan, that they support the higher Dollar, wrote Bloomberg.
The positive for the Dollar was also the information, that inflation in USA probably will get stronger, which increased the expectings, that soon the Federal Reserve will increase the interests in USA.
The Dollar was traded to levels of 1.5444 USD per 1 EUR, this morning in London, from 1.5439 USD per 1 EUR in New York last night. This week the Dollar get richer with 2.2%, the most serious increase of the currency last years.
The US Dollar was exchanged at 107.76 toward the Japan Yena. The weekly increase toward the Japan currency is 2.7%, the highest increase from 2004.

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