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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 Falls With Federal Reserve Officials' Remarks

rocky
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Posts : 203418
Join date : 2012-12-21

The Dollar Falls With Federal Reserve Officials' Remarks Empty The Dollar Falls With Federal Reserve Officials' Remarks

Post by rocky Mon 19 Nov 2018, 4:11 am

The Dollar Falls With Federal Reserve Officials' Remarks
The Dollar Falls With Federal Reserve Officials' Remarks 640

 19 November 2018 11:55 p
Direct : The US dollar fell against major currencies during trading on Monday, after comments by Fed officials have given rise to concerns about the pace of monetary tightening.
By 8:40 am GMT, the dollar fell against the euro by 0.09% to $ 1.1425, while stabilizing against the yen at 112.80 yen.
The greenback was down against the pound at $ 1.2878, down 0.3%, while the Swiss franc was down 0.1% at 0.9988 francs.
At the level of the main dollar index, which measures the performance of the currency against 6 major currencies, fell marginally by 0.07% to 96.404.
In the past few days, a number of Fed officials have made statements about the slowdown in global economic growth and have raised investor concerns about the Bank's commitment to its monetary tightening agenda.
At its last meeting, the Federal Reserve announced that it is still expecting an additional interest rate hike this year and three increases in 2019.
Federal Reserve Chairman Richard Clarida said last weekend that global economic growth could slow down, adding that something would be relevant to the outlook for the US economy.
In a statement to Fox Business, Robert Kaplan, chairman of the Federal Reserve in Dallas, said he saw a slowdown in economic growth in China and Europe.
Also scheduled to speak later today the President of the Federal Reserve in New York State.



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