Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Join the forum, it's quick and easy

Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Because of the inflation of the dollar.. the decline in oil prices and concern about an "economic cr

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 270596
    Join date : 2012-12-21
    • Post n°1

    Because of the inflation of the dollar.. the decline in oil prices and concern about an "economic cr Empty Because of the inflation of the dollar.. the decline in oil prices and concern about an "economic cr

    Post by Rocky Mon 13 Feb 2023, 2:50 pm

    Because of the inflation of the dollar.. the decline in oil prices and concern about an "economic crisis"[You must be registered and logged in to see this link.]
    [You must be registered and logged in to see this link.]

    [You must be registered and logged in to see this link.] |Today, 22:48 |

    [You must be registered and logged in to see this image.]
    Today, Monday, Reuters International News Agency revealed a decline in oil prices, reaching (30) cents per barrel at the beginning of this week, as a result of the “inflation” of the US dollar and its direct effects on international oil trade, which relies on the dollar as the main currency for selling the commodity. 
    In a report translated by (Baghdad Today), the agency said, "Investors' focus on short-term requests and their distancing from long-term requests due to concern about the decline in global economic growth and thus the demand for oil is the reason for the current inflation of the dollar," noting that "expectations to raise interest rates on the dollar before US reserves, led to a new decline in global oil prices. 
    Fiona Cincotta, an economic analyst at the American City Index Center, confirmed to the agency that "concern about a crisis or deterioration in global economic growth, driven by expectations of raising interest rates tomorrow, Tuesday, through a new meeting of the US Federal Reserve, led to a decrease in demand for oil, and thus prices deteriorated again." . 
    For his part, Matthew Ryan, director of the Market Strategies Center at the Ibori Company, told the agency, "The importance of the data points currently issued on inflation in the US dollar cannot be stressed enough on their importance in relation to the international oil market," expecting "further deterioration due to the market's dependence on the dollar." The US is the main currency of exchange.
    [You must be registered and logged in to see this link.]
    • Back to top
      Current date/time is Thu 23 May 2024, 3:26 am