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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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US Treasury Secretary confident of dollar strength

rocky
rocky
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US Treasury Secretary confident of dollar strength Empty US Treasury Secretary confident of dollar strength

Post by rocky Thu 25 Jan 2018, 5:47 am

US Treasury Secretary confident of dollar strength
US Treasury Secretary confident of dollar strength 640



 25 January 2018 01:40 PM
[rtl]Direct: US Treasury Secretary said he was confident of the strength of the dollar in the long term, hours after his remarks , which plunged the green currency to the lowest level in 3 years.[/rtl]
 
[rtl]Steffen Munchin said yesterday that the weak dollar is good for the US economy , and the currency will drop after these statements to levels not seen since 2014.[/rtl]
 
[rtl]US Treasury Secretary confident of dollar strength Spacer[/rtl]
[rtl]Munchin said at a Davos meeting on Thursday that he was not very concerned about the weakness of the dollar in the short term, but he was confident of the strong fundamentals of the dollar in the long term.[/rtl]
 
[rtl]The US currency saw sharp losses against major currencies yesterday, and continued its decline today.[/rtl]
 
[rtl]By 1032 GMT, the dollar index, which tracks performance against 6 major currencies, fell to $ 89.09, its lowest level since December 2014.[/rtl]
 
[rtl]Yesterday's data showed a decline in US private economic activity to its lowest level in 8 months.[/rtl]
 
[rtl]Investors are looking to release jobless claims, trade balance and new home sales in the US later in the day. [/rtl]


[rtl]https://www.mubasher.info/news/3218544/%D9%88%D8%B2%D9%8A%D8%B1-%D8%A7%D9%84%D8%AE%D8%B2%D8%A7%D9%86%D8%A9-%D8%A7%D9%84%D8%A3%D9%85%D8%B1%D9%8A%D9%83%D9%8A-%D9%88%D8%A7%D8%AB%D9%82-%D9%85%D9%86-%D9%82%D9%88%D8%A9-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1
[/rtl]

    Current date/time is Thu 02 Feb 2023, 9:28 pm