US dollar extends gains to two-week high

US dollar rose in European trade against a basket of major rivals for the third straight session, marking two-week highs, as euro and sterling face major political risks. 

The dollar index rose 0.2% to 94.89, marking two-week highs, with a session-low at 95.66. 

The dollar rose 0.2% yesterday, the second profit in a row as most main rivals continued to suffer. 

Demand improved on the dollar amid surging political tensions in Europe due to Brexit, as amid economic indicators of slower growth. 

The UK is still gripping with the Brexit crisis after Parliament voted on Tuesday overwhelmingly against the Brexit deal with the EU, while barely protecting PM Theresa May in a no-confidence vote. 

Now investors await US data, with the Philly Manufacturing Index expected up to 9.7 from 9.4, while unemployment claims for the week ending January 12 are estimated with a 3 thousand increase to 219 thousand from 216K.