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Trump's comments push the dollar lower
2017/01/12 | 14:01
(Encyclopedia of the Day News | Iraq News ) - Economy News follow.
The dollar fell to its lowest level in five weeks below 114 yen on Thursday heading towards record its worst weekly performance since November , affected by the loss of confidence in the pay US policies of President - elect Donald Trump inflation to rise a speculation that has dominated the market since he was elected president.
Speculators and push the dollar higher on Wednesday on expectations that the first press conference for Trump since he won the eighth of November , will provide further details on the spending and tax measures to encourage funding of US companies operating abroad to return to the country 's capital.
But instead it has dominated the debate over electronic penetrate Rossi to influence the outcome of the US elections and unsubstantiated claims regarding the collection Ross clients interesting information suspicions about Trump on the conference.
The dollar fell to 113.97 yen , its lowest level since the eighth of December , down 1.2 percent.
Fell dollar index , which measures the US currency 's performance against a basket of six major currencies 0.8 percent to 100.98.
The index rose to its highest level in a week on Wednesday.
The euro was up 0.6 percent to $ 1.0645 after it fell to its lowest level in 14 years at 1.0340 dollars last week.
The dollar fell to its lowest level in five weeks below 114 yen on Thursday heading towards record its worst weekly performance since November , affected by the loss of confidence in the pay US policies of President - elect Donald Trump inflation to rise a speculation that has dominated the market since he was elected president.
Speculators and push the dollar higher on Wednesday on expectations that the first press conference for Trump since he won the eighth of November , will provide further details on the spending and tax measures to encourage funding of US companies operating abroad to return to the country 's capital.
But instead it has dominated the debate over electronic penetrate Rossi to influence the outcome of the US elections and unsubstantiated claims regarding the collection Ross clients interesting information suspicions about Trump on the conference.
The dollar fell to 113.97 yen , its lowest level since the eighth of December , down 1.2 percent.
Fell dollar index , which measures the US currency 's performance against a basket of six major currencies 0.8 percent to 100.98.
The index rose to its highest level in a week on Wednesday.
The euro was up 0.6 percent to $ 1.0645 after it fell to its lowest level in 14 years at 1.0340 dollars last week.
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