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The debate over immigration restrictions to stop the dollar's recovery
Date: 01/30/2017 13:53
Information / Baghdad ..
The dollar fell on Monday, with investors resorting to the yen, a traditional safe haven due to concerns about the implications of restrictions on immigration to the United States, which highlighted once again the protectionist policy of US President Donald Trump risks.
The dollar began to rise at the end of last week after the worst performance of a monthly record in five months as expectations prompted the rise of inflation and tax cuts to spur growth in light of Trump policies revenues of US government bonds to rise.
This ups and stopped by the data on economic growth was weaker than expected on Friday, and the ongoing controversy in the wake of the orders signed by Trump to impose restrictions on the entry of citizens of the United States seven Muslim countries.
After a quiet Asian trading session due to the Chinese New Year holiday the yen rose 0.2 percent to 114.85 yen against the dollar in early European trading. The dollar was steady against the euro at $ 1.0698 and rose slightly to $ 1.2545 against the pound.
The focus of attention in Europe on the German inflation data at the beginning of a week dominated by central bank meetings in the United States, Japan and the United Kingdom.
Investors also follows the repercussions of the choice of the Socialist Party in France, a leftist candidate tougher for the presidential elections in April. Finished / 25 p.
http://almaalomah.info/2017/01/30/economic/126409
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