Germany's Ifo index of high euro rose 1% against the dollar
FRANCISCO early Saturday morning, U.S. dollar against major currencies news down on Friday, as the German business climate index hit a record high euro-dollar exchange rate to return to eight-week high.
tracking dollar exchange rate of 6 other major currencies, the dollar index down from Thursday's 78.846 points to 78.114 points.
intraday high against the dollar, the euro rose to $ 1.3635, the highest since mid-November last year, a new high. The current euro-dollar exchange rate from $ 1.3469 late Thursday rose to $ 1.3623, or about 1%.
U.S. dollar against Japanese yen from 82.99 yen on Thursday fell to 82.69 yen.
Munich-based Ifo Institute reported business climate index in Germany in January from a revised 109.8 in December rose to 110.3 points points. Germany is Europe's largest economy.
Brown Brothers Harriman analyst, said, "Germany's strong economic growth and the so-called peripheral countries such as Ireland and Greece, the economic downturn in sharp contrast. Eurozone monetary policy is too loose for Germany, but periphery is too tight. "(Ming Yu)
