USA dollar is approaching its highest level
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| USA Dollar |
The price of the dollar rose again, approaching its highest level in 20 years, in trading on Monday, May 3, while the euro held near the level of 1.05 per dollar, as investors prepare for a busy week for the meetings of the central banks in America and the world.
Investors expect the US Federal Reserve to raise interest rates by 50 basis points when it meets next Tuesday and Wednesday.
The dollar index rose by 5% in the month of April in general, which is the best monthly performance since January 2015, when the dollar index recorded 103.36 in the latest trading, up 0.1% on the day.
The euro fell 0.2% to $1.0525, the sterling pound fell 0.1% to $1.2570, and the Japanese yen fell against the dollar to 129.91 yen.