On Thursday, the dollar peaked at almost 7 weeks, investors noted , analyzing economic data , including high production performance .
ICE dollar index of six major currencies rose to 80,226 from 80,086 on Wednesday . The highest level since April 4 , according to estimates FactSet. WSJ index , another measure to strengthen the dollar climbed to 73.07 from 72.99 .
U.S. manufacturing activity in May increased to the maximum level for 3 months , as the analysis of the index RMI conducted Markit. Sales in the secondary housing market increased by 1.3 % in April , reaching 4.65mln annual seasonally adjusted . It was the first increase in sales in December , but the profit is not justified by estimates of market expectations of TD Securities. Data on the housing sector are of particular interest , as Janet Yellen , the Fed chairman , has previously said that the need to control the attenuation that occurs in the housing market .
RMI indicator was ” high enough to overshadow all the frustration in housing sales, ” said Brad Bechtel , executive director of Faros Trading.
The number of applications for unemployment benefits rose by 28,000 for the week ending May 17th , which exceeded expectations. The number of repeated applications filed by those who already receive benefits fell by 13,000 , reaching 2.65mln seasonally adjusted for the week ending May 10 .
Investors are interested in the question of when the Fed will begin to raise interest rates , making it more attractive assets denominated in U.S. dollars. Minutes of the April meeting of the Fed showed that the leadership of the central bank was considering several ways to tighten monetary policy , but has not yet decided how to use it .
On Wednesday, the dollar rose to ¥ 101.44 to ¥ 101.73, while the euro fell from $ 1.3683 to $ 1.3654 .
On Thursday increased the yield on Treasury bonds .