Dol­lar jumps to fresh 2018 highs

Financial Mirror (Cyprus) - - FRONT PAGE -

It was an­other heav­ily bullish week for the Dol­lar, which has sprinted above 93.25, its high­est level this year against a bas­ket of ma­jor cur­ren­cies.

Thanks to a hawk­ish Fed­eral Re­serve, in­ter­est rate dif­fer­en­tials moved in favour of the Dol­lar. Price ac­tion sug­gests that bulls are back in town, with fur­ther up­side on the cards amid grow­ing ex­pec­ta­tions of higher U.S in­ter­est

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