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US Dollar Index Hits 19-Month High

Investing.com · ·by G4L

  1. 1The US Dollar Index rose to 103.17 on Thursday, marking a 19-month high.
  2. 2Total nonfarm payroll employment increased by 165,000 in October, exceeding the consensus estimate of 65,000.
  3. 3Japan's Ministry of Finance stated that 15.4 trillion yen was used for foreign exchange market interventions from July to September.

So what's the key point?

The value of the US dollar reached its highest level in 19 months as job growth exceeded expert expectations. News also emerged that the Japanese government spent 15.4 trillion yen in the foreign exchange market.

Source Investing.com · View original ↗

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