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Dollar falls due to comments tempered with the intensification of the debate over the impact of Trump
Date: 01/20/2017 13:42
Information / Baghdad ..
The dollar fell on Friday before the inauguration of US President-elect Donald Trump with the testimony of President of the Federal Reserve (Fed) Janet Yellen any further comments deemed less inclined to tighten monetary policy than those made by the previous day.
After a week of volatility prompted investors to question the fate of the dollar in the era of the American and British Trump two currencies have fallen to where it began almost a week.
The dollar fell about two percent since the beginning of January, with growing fears of a trend Trump trade protection and the position of the US currency, which rose ten percent against a basket of other currencies since Trump's victory in the presidential election in November force.
The dollar fell less than 0.1 percent in early European trading, losing 0.2 Aalmih since the beginning of the week. In the US currency against the euro hovered at just under $ 1.07 to the euro.
By 0835 GMT, the dollar's decline, which measures the US currency's performance against a basket of major currencies, to 101.08 after it approached the 100 level earlier this week index.
The tempered forecast in her remarks on Wednesday that the Fed raises interest rates times "a few" in a year when the market currently take into account the higher interest twice.
But in a speech to the Stanford Institute for Economic Policy Research Thursday evening local time talked softens tone sounded less optimistic for many in the market.
Investors do not hold high hopes for the inauguration of Trump's speech after the press conference held last week and disappointed the hopes of those who seek to send an optimistic message about the fiscal stimulus and further details on how to implement. Finished / 25 p.
http://almaalomah.info/2017/01/20/economic/123614
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