Currencies

 

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, 


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