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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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    Dollar rises after the Central American and Australian minutes retreat

    Rocky
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    Dollar rises after the Central American and Australian minutes retreat Empty Dollar rises after the Central American and Australian minutes retreat

    Post by Rocky Thu Feb 21, 2019 3:56 am

    Dollar rises after the Central American and Australian minutes retreat

    Dollar rises after the Central American and Australian minutes retreat 12063


    The dollar rose on Thursday after the minutes of the latest Federal Reserve meeting revived expectations of a possible rate hike this year, while the Australian dollar fell on expectations of easing monetary policy and a Chinese ban on Australian coal.
    The US currency rose slightly against the yen and trimmed its losses against the euro on Wednesday evening, after the Federal Reserve said in its latest meeting minutes in January that the US economy and labor market were still strong, prompting some expectations to increase US interest rates at least once this year. .
    The dollar index, which tracks the performance of the greenback against a basket of six major currencies, rose 0.17 percent to 96.614, away from a two-week low of 96.286 on Wednesday.
    The dollar fell slightly against the yen to 110.735 yen after gaining 0.25 percent overnight.
    The euro was little changed at $ 1.1331, having moved off a two-week high of $ 1.1371 hit on Wednesday.
    The Australian dollar was the most heavily traded currency in Asia, falling 0.95 percent to $ 0.7095 in a volatile session.
    Sterling fell 0.15 percent to $ 1.3031, keeping away from a three-week high of $ 1.3109 hit the previous day.
    The Chinese yuan briefly rose below the important level of 6.7 yuan to the dollar, hitting its highest level in three weeks after Reuters said US and Chinese negotiators could reach the outline of an agreement ending the trade war between the two countries.
    In the spot market, the yuan opened in intraday trading at 6.727 yuan to the dollar, jumping to 6.6920 yuan during the session, the strongest level since Jan. 31.


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