Currencies
The U.S. Dollar was up slightly against the Euro after a downturn that lasted several weeks.
- The
U.S. GDP grew 2.9% in the fourth quarter, which was above expectations
of a 2.6% increase, sparking optimism about the health of the country's
economy.
- The Labour Department said that initial claims for state unemployment benefits fell last week.
- The Canadian Dollar hit a two-month high against the USD just a day after the Bank of Canada raised rates by 25 basis points.
UK(GBP) | £0.81 | -0.60% |
Europe (EURO) | €0.92 | 0.04% |
Canada (Canadian Dollar) | $1.33 | -0.36% |
Japan (Yen) | ¥129.71 | -0.38% |
*Exchange
rates as of 7 am ET. Data from Morningstar Financial Research. To
understand why we track these currencies and the differences between
them,