US Dollar Index trades near 100.70 after reaching 13-month high
The US Dollar Index reached a 13-month high of 101.13 earlier in the day before trading near the 100.70 price zone.
The Greenback rose sharply this week following the Fed’s decision to leave interest rates unchanged in the 3.50%-3.75% range.
A hotter-than-expected PCE report could reinforce the Fed’s hawkish stance and extend the upward USD trend.
EUR/USD declined over 0.80% this week to the 1.1480 level amid a broadly strong US Dollar.