European and Asian stock markets were mixed Monday, while the U.S. dollar picked up strength after reaching three-year lows last week. The Wall Street Journal Dollar Index was up by 0.3% in European trading. The euro was down 0.3% against the dollar at $1.239, and the dollar was up 0.2% against the yen at ¥108.8. Last week, the dollar slid to a series of three-year lows following comments from Treasury Secretary Steven Mnuchin that were interpreted as being accepting of a weaker dollar. The WSJ Dollar Index had fallen for seven straight weeks, the longest run since 2010.
Source: Wall Street Journal January 29, 2018 01:55 UTC