Dollar heads for weekly gain as Asian stocks fluctuate

Bareksa • 17 Jan 2014

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A clerk counts U.S. dollar banknotes at a currency exchange office in Jakarta (BLOOMBERG/Dimas Ardian)

The Fed will continue tapering

Bloomberg - The dollar headed for its biggest weekly gain in two months against major peers, while European stock-index futures were little changed. Chinese shares fell before the nation reports economic data next week.

The Bloomberg Dollar Spot Index jumped 0.6 percent this week and was little changed at 7:05 a.m. in London. The greenback climbed 0.2 percent against the rand today and gained 0.6 percent versus New Zealand’s dollar.

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