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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

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


    The dollar is down for the third day with expectations of curbing interest rate increases A

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 268390
    Join date : 2012-12-21
    • Post n°1

    The dollar is down for the third day with expectations of curbing interest rate increases A Empty The dollar is down for the third day with expectations of curbing interest rate increases A

    Post by Rocky Mon 07 Jan 2019, 6:21 am

     The dollar is down for the third day with expectations of curbing interest rate increases

    The dollar is down for the third day with expectations of curbing interest rate increases A 12063
    A 


    The dollar fell for a third straight day against rival currencies on Monday, as expectations grew that the US central bank will cut interest rates in the coming months.
    Despite strong US jobs data last December, market watchers believe the world's biggest economy is losing momentum, and comments by Federal Reserve Chairman Jerome Powell reinforced expectations that the central bank may adopt a more cautious outlook.
    On Friday, Powell told the US Economic Association that the board did not adopt a predetermined path of interest rate increases and would take into account the downside risks that the market places in mind.
    The dollar index, which tracks the performance of the greenback against a basket of rival currencies, fell around 0.25 percent to 95.92, nearing a two-month low of last week.
    The euro and the Australian dollar led the gains, and the latter benefited from news earlier this week that China had strengthened its stimulus policy.
    The Australian dollar, which is heavily affected by China, gained nearly 0.5 percent to $ 0.7140.
    The dollar rose 0.2 percent against the yuan in foreign trade to 6.8483 yuan.

    • Back to top
      Current date/time is Thu 18 Apr 2024, 10:01 pm