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Neno's Place Established in 2006 as a Community of Reality


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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    The dollar stabilized below its 6-month high

    Rocky
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    • Post n°1

    The dollar stabilized below its 6-month high Empty The dollar stabilized below its 6-month high

    Post by Rocky Tue 05 Jun 2018, 10:11 am

    The dollar stabilized below its 6-month high
    Economie
     Since 2018-06-05 at 12:15 (Baghdad time)
    The dollar stabilized below its 6-month high 9
    Follow up of Mawazine News
    The dollar steadied on Tuesday from a six-month high hit last week as investors awaited data that could confirm the US economy is moving towards strong performance for the quarter ending in June as bond yields boosted the currency.
    Short-term US Treasury yields rose nearly 20 basis points in a week, pushing two-year government bond yields to 2.50 percent, very close to the 10-year high of 2.59 percent recorded last month.
    With short-term US bond yields linked to the dollar's highest level since January 2017, investors have responded by buying the greenback in recent days, especially against the euro and emerging-market currencies.
    A measure that measures the performance of the greenback against a basket of currencies rose to 94.04. The index rose to 95.02 last week, its highest since November, and more than 5 percent since mid-April.
    The euro was flat at $ 1.16930. Since the euro hit a 10-month low of $ 1.1510 last week, the single currency is recovering somewhat as investors feel comfortable forming a government coalition in Italy.
    Strong employment data in the United States on Friday renewed bets that the Federal Reserve will raise interest rates three more times this year. The market expects further interest rate increases until December.
    The Mexican peso led losses in emerging markets against the dollar on Tuesday as fears of a trade war increased. Mexico said it would impose a 20 percent fee on US pork imports after US President Donald Trump imposed tariffs on imports of steel and aluminum from Mexico.


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