The dollar reached a 14-year high.

The American currency will continue to break records on the forex market after the New Year. On January 3, 2017, the US dollar strengthened against the euro to $1.0336 per euro.

The price has not reached such a level since 2002, and the increase in price is linked specifically to the dollar, and not to the depreciation of the euro, as there was a simultaneous rise in the USDX index - which shows the currency's relationship to a basket of six currencies.

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

It should be noted that on January 4, the euro currency showed significant growth, winning back about 1.5% from the dollar, but this is more likely correction of the existing trend on Forex, than a reversal to a new trend. At least, this is what most experts say: a strengthening of the downward trend should be expected after breaking the $1 per euro mark. Breaking this psychological barrier will undoubtedly create panic and push the euro to even lower levels.

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

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