U.S. Dollar rises on expectation U.S. economy recovers faster

Source: Reuters
The U.S. currency increased on Thursday hitting the highest level in five years versus the Japanese Yen and stayed firm against its other most-traded peers on expectations the U.S. economy may continue its recovery with a solid pace suggesting that the Fed withdraws its easing program next year. The so-called Greenback strengthened to 104.645 yen earlier on today's session and it was traded 0.2% higher at 104.62 yen.

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