MoneyNews

Dollar is climbing as investors seek to capture deals

UNITED STATES (OBSERVATORY) –┬áhe dollar rose after four-day losses as concerns over a dispute between Western powers and Russia in Syria appeared to have eased.

The recovery came after US President Donald Trump on Thursday pledged a quick military strike against Syria, saying “it may be very close and may not be.”

The dollar index rose to 89.81 against a basket of currencies, up from a two-week low of $ 89.35 on Wednesday, up 0.3 percent on the day.

The Swiss franc and Swedish krona were among the biggest losers, with the franc falling 0.5 percent against the dollar while the Swedish krona fell 1 percent.

The dollar continued its gains against the yen, adding 0.4 percent to 107.19 yen.

The euro fell 0.2 percent to $ 1.2345 per euro after gains in recent sessions. The euro has gained 0.5 percent since the start of the week as comments from ECB officials reinforced views that the bank was re-establishing its monetary policy.