Dollar
remains trading higher
Mar 31 2015
Mar 31 2015
The dollar edged higher against
a basket of major currencies like the Euro and the Yen supported by the divergence
in monetary policy between the United
States and the other major economies. The
dollar has also been supported by expectations that the Fed will start
tightening monetary policy later this year.
On the other hand, the
investors are waiting for the release of the U.S. Nonfarm payrolls report due
on Friday for further clues on the next Fed monetary policy decisions.
