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Dollar Touches One-Week High After Taylor Said to Impress Trump
Tuesday, 17 October 2017 10:54 WIB | CURRENCIES | Indeks DolarDolar AS

The dollar climbed to the strongest in a week on speculation President Donald Trump is leaning toward selecting Stanford University economist John Taylor as the next Federal Reserve chairman.

The U.S. currency gained versus most major peers as people familiar said Taylor made a favorable impression on Trump at an interview at the White House last week. 

Bloomberg Dollar Spot Index gains 0.1% after jumping 0.3% Monday. Gauge reached the highest since Oct. 10.

AUD/USD little changed at 0.7848 vs range of 0.7835-0.7859.

USD/JPY falls 0.1% to 112.05.

 

Source: Bloomberg

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