The U.S dollar going on hike!!!!

After New Year, the dollar is making a big way in the world currency market. The dollar rose 0.6% against the Euro, and 0.7% against the pound and 0.4% against the Swiss Franc. The manufacturing data in the U.S showed fantastic progress and in addition to that the U.S employment data also beat the forecasts and came out in a huge way giving a good path to the U.S dollar. First New Year week came to an end the dollar climbed 1.4% against the Euro, 1.5% against the pound, and 1.6% against the Swiss Franc. The yen changed a bit against the dollar and stood y118.80. Let’s hope the U.S dollar continues this hike