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US dollar hits strongest level in five weeks before key US data

Alice Atkins / Bloomberg
Alice Atkins / Bloomberg • 2 min read
US dollar hits strongest level in five weeks before key US data
A gauge of the dollar rose to its strongest level in more than five weeks on speculation a slew of US data releases will offer further signs of economic resilience. Photo: Bloomberg
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A gauge of the dollar rose to its strongest level in more than five weeks on speculation a slew of US data releases will offer further signs of economic resilience.

The Bloomberg Dollar Spot Index advanced as much as 0.3% to the highest level since June 23 as the greenback rose against all its Group-of-10 peers.

The euro extended its slide to the weakest level in more than a month amid concern over the economic impact of the European Union’s recent trade deal with the US.

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