U.S. Dollar At Multi-Year High

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The U.S. Dollar Index is trading at multi-year highs on Friday after U.S. government data showed a better than expected U.S. unemployment rate of 5.5 percent. The March U.S. Dollar Index was trading at 97.60, up 1.21. The data also showed 295,000 jobs were added during February. Once the data was released, forex traders aggressively bought U.S. dollars in anticipation of a hike in Interest rates by the Federal Reserve.

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