Economic performance is eye-catching, the dollar index rose steadily

Last week, the dollar index rose nearly 2%, almost equal to the 98 mark, promote the strong performance of the dollar index cannot do without the economic data.

Recently released data show that last month, the U.S. housing starts data greater than expected, new home start number for nearly seven years since the second high level; reflect the new house started the trend of building permits households has hit a high of nearly 8 years, transfer the signal of the U.S. housing market has improved steadily. At the same time, inflation in the United States in the June rate annulus, compared to the same period data, both in line with expectations, mainly by food, rent, rising energy prices boost, which may increase the fed in the years of interest rate determination. Data show that in June the United States gasoline prices rose 3.4%, food prices rose 0.3%, but also since September 2014 the largest increase.

In addition, some analysts said that due to the constant differentiation of the monetary policy in Europe and America, the European central bank still maintain ultra-loose monetary policy, and the fed is more and more close to raise interest rates, which makes us assets more attractive to investors relatively, the dollar index is expected to be high.

Posted in News and tagged , , , , , , , .