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


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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

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Established in 2006 as a Community of Reality

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


    Inflation data boosts interest rate cut expectations and weakens the dollar

    Rocky
    Rocky
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    Inflation data boosts interest rate cut expectations and weakens the dollar Empty Inflation data boosts interest rate cut expectations and weakens the dollar

    Post by Rocky Thu 16 May 2024, 4:35 am

    Inflation data boosts interest rate cut expectations and weakens the dollar
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    Baghdad today - follow-up
    The dollar fell to its lowest level in several months, today, Thursday (May 16, 2024), after core inflation in the United States recorded its slowest rate in 3 years, which reinforced expectations of a cut in interest rates in the largest economy in the world and increased bets that the US currency may have reached... The climax of the current stage.
    In Asia, the Japanese yen continued to recover for the second session, recording its strongest levels in two weeks at 153.6 to the dollar, with the gap between US and Japanese yields narrowing.
    The Australian dollar, which rose 1 percent on Wednesday, hit its highest level in four months at 0.6714 US dollars, but its march then stopped after an unexpected rise in unemployment in Australia. In the latest trading, it reached $0.6687.
    The euro rose to its highest level in two months at $1.0895. The New Zealand dollar also rose to a two-month high of $0.6140. The British pound reached its highest level in a month at $1.27.
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      Current date/time is Thu 31 Oct 2024, 6:37 pm