LONDON – The dollar was poised to end January with its longest run of gains since it was floated in 1971 while European shares were set for their best monthly performance in three years, despite sagging slightly on Friday.The dollar, bolstered by expectations the US Federal Reserve will be the first major central bank to raise interest rates, has gained nearly 5 per cent against a basket of currencies .DXY this month.It paused on Friday at 94.752, ahead of US GDP data due at 1330 GMT (4:30 a.m ET), which a Reuters poll tipped to show economic growth of 3.0 …read more
Source: AsiaOne
