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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

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    The rise of the dollar as expectations of an increase in the US interest rate

    Rocky
    Rocky
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    The rise of the dollar as expectations of an increase in the US interest rate Empty The rise of the dollar as expectations of an increase in the US interest rate

    Post by Rocky Thu 21 Sep 2017, 6:55 am

    [ltr]The rise of the dollar as expectations of an increase in the US interest rate[/ltr]

     Since 2017-09-21 at 13:04 (Baghdad time)
    [ltr]The rise of the dollar as expectations of an increase in the US interest rate 6635981997[/ltr]
    [ltr]Follow up of Mawazine News[/ltr]
    [ltr]The dollar rose to a two-month high against the yen and continued gains against the euro on Thursday after the Federal Reserve, in a tone of monetary tightening, boosted expectations of a rate hike in December.[/ltr]
    [ltr]After a two-day monetary policy meeting that was closely monitored on Wednesday, the US central bank kept interest rates unchanged as expected, but said it still expected to raise interest rates again by the end of the year, despite recent low inflation rates .[/ltr]
    [ltr]The Fed also said it would start cutting its $ 4.2 trillion budget of US Treasuries and mortgage-backed securities that it bought after the global financial crisis in 2008, which was expected.[/ltr]
    [ltr]The dollar rose 0.4 percent to 112.610 yen from 112.725 yen, its highest level since July 18.[/ltr]
    [ltr]The dollar index, which tracks the performance of the greenback against a basket of other major currencies, rose 0.1 percent to 92.558, after hitting a two-week high after the Federal Reserve meeting.[/ltr]
    [ltr]The euro was down 0.1 percent at $ 1.1883 after falling 0.8 percent in the previous session, when it halted a four-session rally.[/ltr]
    [ltr]The New Zealand dollar was down 0.6 percent at $ 0.7312, easing a rally in the previous session against the broadly-traded US currency.[/ltr]
    [ltr]The Australian dollar fell about 1 percent to 0.7955 dollars.[/ltr]
    [ltr]The Norwegian krona fell 0.1 percent against the euro and dollar as traders watched the central bank's decision on monetary policy. The krona was traded in the latest transactions at 9.36 kronor to the euro and 7.87 kronor to the dollar[/ltr]



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