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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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    An investment bank is expected to exceed the US dollar level of 110 yen

    Rocky
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    An investment bank is expected to exceed the US dollar level of 110 yen Empty An investment bank is expected to exceed the US dollar level of 110 yen

    Post by Rocky Mon 04 Jun 2018, 12:45 pm

    An investment bank is expected to exceed the US dollar level of 110 yen






    2018/06/04 17:32


    (Encyclopedia of this Day News | Iraq News ) - direct: investment bank predicted that the US dollar breaks the barrier of 110 yen, with the positive performance of the green currency and economic developments in Japan.

    In an analytical note on the yen's performance, investment bank ENG attributed its forecast to a potential increase in yields on US Treasuries.

    The positive results of the US employment report for May, which should be followed by strong performance of the non-manufacturing ISM index, support speculation about increased yields on US government debt, which will cast a positive shadow over the value of the dollar against the yen.

    The US economy added 223,000 jobs to the US job market in May against a forecast of 189,000 jobs, with unemployment falling to an 18-year low.

    By 1:46 pm GMT, the Japanese yen was steady against the US dollar at 109.58 yen.

    The investment bank also pointed to the threat of global trade war at the moment.

    Trade concerns were raised again after the United States ended its tariff-free period for its major trading allies.

    Investors are looking to release economic data on the US PMI for May due to be released on Tuesday.

    Investors are also looking at the final reading of Japan's economic growth data scheduled for Friday, which is likely to show an improvement from previous negative estimates, but may have limited impact on Japan's domestic currency.

    Preliminary data showed Japan's economy shrank in the first quarter of this year for the first time since 2015.

    Bank of Japan's decision to cut its purchases of Japanese government bonds was likely to occur in response to low debt returns and not an indication of a shift in monetary policy, the bank said.



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    https://hathalyoum.net/articles/1570830-%D8%A8%D9%86%D9%83-%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1%D9%8A-%D9%8A%D8%AA%D9%88%D9%82%D8%B9-%D8%AA%D8%AC%D8%A7%D9%88%D8%B2-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D8%A7%D9%84%D8%A3%D9%85%D8%B1%D9%8A%D9%83%D9%8A-%D9%84%D9%85%D8%B3%D8%AA%D9%88%D9%89-110-%D9%8A%D9%86-

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