The dollar reached its highest in 14 years.

After the New Year, the American currency will continue to break records on Forex; on January 3, 2017, the US dollar strengthened against the euro to 1.0336 dollars per euro.

The price has not reached this level since 2002, and the increase in price is associated precisely with the dollar, and not with the depreciation of the euro, since at the same time there was an increase in the price of the USDX index - which shows the ratio of the currency to a basket of six currencies.

In general, the American currency has risen in price by 6% over two months, which is a fairly significant indicator in the foreign exchange market.

It should be noted that on January 4, the euro currency showed significant growth, winning back about 1.5% against the dollar, but this is rather correction of an existing trend in Forexthan a reversal of a new trend.

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At least, this is what most experts say, a strengthening of the downward trend should be expected after the breakout of the 1 dollar per euro mark. Crossing this psychological boundary will definitely create panic and bring the euro down to even lower levels.

See the current dollar quotes against major currencies here - http://time-forex.com/kotirovki

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