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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 dollar fell as central policymakers worried about falling inflation

    Rocky
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    The dollar fell as central policymakers worried about falling inflation Empty The dollar fell as central policymakers worried about falling inflation

    Post by Rocky Thu 23 Nov 2017, 3:29 am

    The dollar fell as central policymakers worried about falling inflation






    2017/11/23 11:56


    (Encyclopedia of this Day News | Iraq News ) - Economy

    Since 2017-11-23 at 11:29 (Baghdad time)


    Follow up of Mawazine News

    The dollar hit a two-month low against the yen on Thursday, falling as the latest Federal Reserve meeting showed that some policymakers were concerned about continued low inflation, a blow to supporters of tightening monetary policy.

    The dollar fell to 111.07 yen, its lowest level since Sept. 18. 

    The dollar was up from that level at a later date and hit 111.29 yen, up 0.1 percent from the previous session.

    Trading was calmer than normal as Japanese financial markets closed due to a public holiday. 

    US markets will also close for the Thanksgiving holiday.

    The dollar fell about 1.1 percent against the yen on Wednesday, its biggest daily drop since mid-May.

    The dollar index, which tracks the performance of the greenback versus a basket of currencies, fell to a one-month low of 93.160 earlier on Thursday, and the index trimmed losses to 93.216.

    The euro rose 0.1 percent to $ 1.1830, near a one-month high of $ 1.1862 last week.

    As the dollar weakened after the minutes of the US Central Bank meeting, most currencies of emerging Asian markets, including the Chinese yuan, rose.

    The Singapore dollar briefly touched a two-month high of $ 1.3462 after Singapore's economic growth data showed the fastest pace in nearly four years in the third quarter, in line with strong growth data in most of Asia.


    The opinions expressed below do not reflect the opinion of Mawazine News, but reflect the views of their respective owners only.












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