US dollar continues to rise further

The US dollar has started February in the same vein that it finished January, buoyed by evidence of US economic recovery, after Friday’s GDP numbers, and fears that China will implement measures to control its economic growth.
The dollar has also remained supported over sovereign debt concerns in, not only Greece, but also Spain and Portugal as the dollar index traded at its highest levels since July last year. These fears are being compounded by widening spreads differentials between 10 year German ,and Greek and Portuguese bonds.
EURUSD – the Euro has …Forex Rate – Forex and Exchange rates

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