Home » Charts » 05/25/15: Memorial Day Rally for the US Dollar

05/25/15: Memorial Day Rally for the US Dollar

The Memorial Day weekend did not stop the US dollar from advancing, as a dearth of economic data kept the greenback supported ahead of an active week headlined by durable goods orders and revised first quarter GDP estimates.

The dollar index, an exchange-weighted index of the greenback against six currencies, rose 0.4 percent to 96.41. The dollar index staged a large rally last week, climbing from a low of 93.42 to close above 96.00 on Friday.

 

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