Dollar Climbs to Highest Level in 18 Months

By Paul Riegler on 12 November 2018
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DSC_0835The U.S. dollar climbed to its highest level in 18 months amidst signs of a slowdown in Europe and concerns over Brexit.

The euro was down 0.75% at noon on Monday in New York against the dollar at $1.1251, after having fallen earlier in trading to as low as $1.1240.

Meanwhile, the British pound was at $1.2857 against the dollar, after reports of further issues relating to the United Kingdom’s planned exit from the European Union.

In Tokyo, the dollar was down .09% at ¥113.73.

(Photo: Accura Media Group)

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