US Currency Stays Steady in APAC Trading

The US dollar rose thanks to optimistic production performance. The US production report showed the highest growth since August 2014. The US currency remains stable on the trading session in Asia.

The British pound declined after weaker than expected manufacturing data. Officials of the European Central Bank considered the proposal of President Mario Draghi on raising interest rates.

This week, investors are waiting for the release of the Federal Reserve’s minutes and data on jobs in the US.