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Dollar rallies as markets await US central meeting
2018/03/19 12:08
(Encyclopedia of this Day News | Iraq News ) - Economy
Since 2018-03-19 at 11:44 (Baghdad time)
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LONDON (Reuters) - The dollar rose against a basket of major currencies on Monday as traders watched the first monetary policy meeting of US Federal Reserve Chairman Jerome Powell this week as markets remained vulnerable by the threat of trade protection.
The safe-haven currency rose as risk appetite eased as the broader MSCI Asia Pacific index outside Japan fell 0.4 percent.
The dollar index rose against a basket of six major currencies, up 0.1 percent to 90.297.
The index hit a two-week high near 90.38 on Friday, gaining support after data showed US industrial production rose in February.
The Canadian dollar has been hurt by concerns about US trade protection as investors fear the risk of Trump's withdrawal from the North American Free Trade Agreement (NAFTA).
Canada's currency fell to 1.3123 Canadian dollars against the US dollar on Monday, its lowest level since June.
The dollar fell 0.2 percent against the Japanese currency to 105.74 yen, retreating to a 16-month low of 105.24 yen, touched on March 2.
The euro fell 0.5 percent against the yen to 129.72 yen.
Against the dollar, the euro was down 0.2 percent at $ 1.2266
The opinions expressed below do not reflect the opinion of Mawazine News, but reflect the views of their respective owners only.
Note: The content, which is entitled "The Dollar's Rise as Markets Watch the Central Meeting of the US", was first published on the website of "Mawazine News". The encyclopedia of this news day is not guaranteed in any way.
You can see the details of this headline (Dollar rise as markets watch the US Central Meeting) through its original source (Mawazine News).
https://hathalyoum.net/articles/1507590-%D8%A7%D8%B1%D8%AA%D9%81%D8%A7%D8%B9-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%85%D8%B9-%D8%AA%D8%B1%D9%82%D8%A8-%D8%A7%D9%84%D8%A3%D8%B3%D9%88%D8%A7%D9%82-%D9%84%D8%A5%D8%AC%D8%AA%D9%85%D8%A7%D8%B9-%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-
Since 2018-03-19 at 11:44 (Baghdad time)
Follow - Mawazine News
LONDON (Reuters) - The dollar rose against a basket of major currencies on Monday as traders watched the first monetary policy meeting of US Federal Reserve Chairman Jerome Powell this week as markets remained vulnerable by the threat of trade protection.
The safe-haven currency rose as risk appetite eased as the broader MSCI Asia Pacific index outside Japan fell 0.4 percent.
The dollar index rose against a basket of six major currencies, up 0.1 percent to 90.297.
The index hit a two-week high near 90.38 on Friday, gaining support after data showed US industrial production rose in February.
The Canadian dollar has been hurt by concerns about US trade protection as investors fear the risk of Trump's withdrawal from the North American Free Trade Agreement (NAFTA).
Canada's currency fell to 1.3123 Canadian dollars against the US dollar on Monday, its lowest level since June.
The dollar fell 0.2 percent against the Japanese currency to 105.74 yen, retreating to a 16-month low of 105.24 yen, touched on March 2.
The euro fell 0.5 percent against the yen to 129.72 yen.
Against the dollar, the euro was down 0.2 percent at $ 1.2266
The opinions expressed below do not reflect the opinion of Mawazine News, but reflect the views of their respective owners only.
Note: The content, which is entitled "The Dollar's Rise as Markets Watch the Central Meeting of the US", was first published on the website of "Mawazine News". The encyclopedia of this news day is not guaranteed in any way.
You can see the details of this headline (Dollar rise as markets watch the US Central Meeting) through its original source (Mawazine News).
https://hathalyoum.net/articles/1507590-%D8%A7%D8%B1%D8%AA%D9%81%D8%A7%D8%B9-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%85%D8%B9-%D8%AA%D8%B1%D9%82%D8%A8-%D8%A7%D9%84%D8%A3%D8%B3%D9%88%D8%A7%D9%82-%D9%84%D8%A5%D8%AC%D8%AA%D9%85%D8%A7%D8%B9-%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-
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