USD Index Rise to 7 Month High
U.S Commerce Department Said on Wednesday that Business inventories jumped 1.0% in January to a seasonally adjusted $1.64 trillion. That was almost twice as much as Wall Street economists expected. Sales fell 0.3%. As a result, the ratio of inventories to sales rose to 1.29 from 1.26 in December. December's inventories growth was revised up to 0.3% from an initial reading of a 0.1% increase
