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DJIA Records 10th Consecutive High as Dollar Falls

February, 24 2017
watermark Economic news

The Dow Jones Industrial Average Index (DJIA) has recently recorded another all-time high for the 10th straight week as the US dollar plummeted for the second consecutive day following the release of the FOMC minutes. The minutes of the meeting showed that the majority of Fed officials are sure that the central bank will be able to gradually increase its interest rates while preventing inflation rates from rising at the same time.


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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.