The Bloomberg Dollar Spot Index rose the most in almost two weeks after Federal Reserve Bank of Philadelphia President Patrick Harker on Monday said the U.S.
central bank’s March meeting is “on the table” for an interest- rate increase depending on “how the data evolve.” Gold, which has climbed above its 100-day moving average, slipped from the highest price since November.
Data from today's trade balance turned out to be good for the US economy as the deficit under this indicator fell to -44.3bln. dollars from -45.2bln.
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