XE Market Analysis: Dollar Rises on March Hike Talk

OVERVIEW The US Dollar is back on the rise today after comments were made from a Fed member on a March rate hike. German industrial production posted its biggest monthly drop in nearly eight years in December. ECB board member, Francois Villeroy, echoed similar comments made by ECB president, Mario Draghi, that policymakers should refrain from making comments on exchange rates. Canada posted a surplus for a second straight month as oil exports jumped, but building permits fell more than expected. HIGHLIGHT

Source: XE news feed
XE Market Analysis: Dollar Rises on March Hike Talk