(Bloomberg) -- The dollar climbed to 120 against the yen for the first time since February before a government report that may show growth in factory orders accelerated in March.
The U.S. currency also gained for a third day versus the euro after the Institute for Supply Management's manufacturing index rose to the highest in almost a year. The prices paid component climbed at the fastest pace since August, suggesting the Federal Reserve won't be in a hurry to cut interest rates.
Read more at Bloomberg Currencies News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment