Bank of Japan and European Central Bank

European Central Bank: The U.S. Dollar Index rose for a 10th consecutive week, the longest since at least March 1967. Sterling rose after Scotland rejected independence, reviving bets the Bank of England will join the Fed in raising rates. The yen fell versus all of its 16 major peers as the Bank of Japan pledged to maintain stimulus to fight deflation, while the European Central Bank debuted a loan program. A report next week may revise second-quarter U.S. economic growth higher, according to Bloomberg. The U.S. Dollar Index, which Intercontinental Exchange Inc. uses the gauge to track the greenback against the currencies of six trade partners, increased 0.6 percent this week in New York to 84.735. It was the highest closing level since June 30, 2010 and The dollar had the longest rally since teenagers bought Beatles albums and Lyndon Johnson was president as the Federal Reserve signaled interest rates will rise next year while other central banks pushed stimulus plans. The Fed and the BOE are the two central banks that ll start hiking rates next year, and we like being long dollar and sterling, said Athanasios Vamvakidis, head of Group of 10 foreign-exchange strategy at Bank of America Merrill Lynch in London. Theres more room for investors to accumulate long positions on the dollar. Long positions are bets a currency will gain. (news.financializer.com). As reported in the news.