FX.co ★ Dollar is rising steadily at the beginning of the year

Trading sessions resumed yesterday, but many countries, including Japan and New Zealand, are still celebrating New Year's Eve. Even so, currency rates are lively today, such as dollar, which rose very sharply just like last year.

EUR/USD has already lost 1,200 pips.

GBP/USD has fallen by 1,400 pips.

USD/JPY is down 1,300 pips, breaking the important level of 130. It bounced back by 1,500 pips.

The dollar index is up more than 1,000 pips.

Dollar rose during the opening of the fiscal year last year, and forecasts said this could happen again this year. A similar scenario could also be expected next year.