Currency Exchange Rates
The U.S. Dollar hit a nine-month low after Fed chairman Jerome Powell announced a 25-basis point interest rate hike.
- The European Central Bank and Bank of England will announce their interest rate decisions today. Both banks are expected to raise rates by 50 basis points.
- Analysts expect that U.S. data due out on Friday will show that 185,000 jobs were added in January.
*Exchange rates as of 7 am ET. Data from Morningstar Financial Research. To understand why we track these currencies and the differences between them, click here.
