The dollar hovered near a 22-month high against its peers on Wednesday, after strong U.S. housing data further eased concerns of a slowdown in the world’s biggest economy.
the dollar index versus a basket of six major currencies stood at 97.602 after rising to 97.777 overnight, its highest since June 2017.
Data showing sales of new U.S. single-family homes jumped to a near 1-1/2-year high in March on Tuesday added to recent positive readings in retail sales and exports.
The euro, which has the largest weighting within the dollar index, was a touch lower at $1.1219 after shedding 0.25 percent the previous day.
Source : Reuters