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Dollar rises ahead of economic growth data
2017/10/27 11:16
(Encyclopedia of this Day News | Iraq News ) - Live: The US dollar rose during trading on Friday against major currencies, amid anticipation disclosure of economic growth data.
By 8:45 am GMT, the dollar was up against the euro by 0.2% to $ 1.1262, and the yen gained 114.26 yen by 0.3%.
While the US currency rose against the pound sterling by about 0.5% to 1.3092 dollars, while increased against the Swiss franc, recording 0.9994 francs by 0.2%.
Later in the day, US economic growth data is expected to be released in the third quarter of this year, with expectations of a 2.6% slowdown and a 3% growth in the second quarter.
Several members of the Republican Party called on US President Donald Trump not to reassign Fed Chairman Janet Yellen to another term after the end of her term.
Republican members stressed that a "new leadership" was needed at the head of the Federal Reserve to push the economy forward.
In a separate context, members of the US Congress approved a small majority on the budget for fiscal year 2018, estimated at $ 4 trillion.
The final result was 216 votes to pass the law, compared to 212 votes opposed to the law.
https://hathalyoum.net/articles/1394139-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%8A%D8%B1%D8%AA%D9%81%D8%B9-%D9%82%D8%A8%D9%8A%D9%84-%D8%A8%D9%8A%D8%A7%D9%86%D8%A7%D8%AA-%D8%A7%D9%84%D9%86%D9%85%D9%88-
By 8:45 am GMT, the dollar was up against the euro by 0.2% to $ 1.1262, and the yen gained 114.26 yen by 0.3%.
While the US currency rose against the pound sterling by about 0.5% to 1.3092 dollars, while increased against the Swiss franc, recording 0.9994 francs by 0.2%.
Later in the day, US economic growth data is expected to be released in the third quarter of this year, with expectations of a 2.6% slowdown and a 3% growth in the second quarter.
Several members of the Republican Party called on US President Donald Trump not to reassign Fed Chairman Janet Yellen to another term after the end of her term.
Republican members stressed that a "new leadership" was needed at the head of the Federal Reserve to push the economy forward.
In a separate context, members of the US Congress approved a small majority on the budget for fiscal year 2018, estimated at $ 4 trillion.
The final result was 216 votes to pass the law, compared to 212 votes opposed to the law.
https://hathalyoum.net/articles/1394139-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%8A%D8%B1%D8%AA%D9%81%D8%B9-%D9%82%D8%A8%D9%8A%D9%84-%D8%A8%D9%8A%D8%A7%D9%86%D8%A7%D8%AA-%D8%A7%D9%84%D9%86%D9%85%D9%88-
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