The US dollar reached a six-month high against the euro in Currency Trading Software on speculation the Federal Reserve will relax its low-interest rate; these are signs of the U.S. economy recover. It will probably continue boosting demand for the nation’s assets.

The dollar was near a four-month high against the Swiss franc after Thomas Hoenig (Kansas City Fed President) said: “time has come to change the promise to keep rates low. A report will show that the U.S. economy expanded at the fastest pace in almost four years”.

The euro was near a nine- month low against the yen after the European Commission said that “Greece hasn’t done enough to cut its budget deficit”. As it was mentioned in this blog, the public crisis in Greece is becoming a hard problem for European finances.