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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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With the dollar facing the yen, the JPY is anticipating an easing approach to the US Central Bank

rocky
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 With the dollar facing the yen, the JPY is anticipating an easing approach to the US Central Bank Empty With the dollar facing the yen, the JPY is anticipating an easing approach to the US Central Bank

Post by rocky Tue 19 Mar 2019, 6:35 am

 With the dollar facing the yen, the JPY is anticipating an easing approach to the US Central Bank

 With the dollar facing the yen, the JPY is anticipating an easing approach to the US Central Bank 13788




The Japanese yen rose on Tuesday, taking advantage of the dollar's negative impact on concerns about the US economy and expectations that the Federal Reserve will show a policy easing approach at this week's meeting.
The euro benefited from weakness in the greenback, rising 0.2 percent to $ 1.1348.
Markets expect the Fed to adopt a cash-leaning tone when it meets this week, and bets on interest rate cuts rose after weaker-than-expected manufacturing data on Friday.
The dollar index, which tracks the performance of the greenback against a basket of rival currencies, fell 1.3 percent in the last 10 days. Today, the index fell 0.2 percent to 96.415.
The Australian dollar is the main beneficiary of the dollar's decline. The New Zealand and Canadian dollars also performed well.
GBPUSD rallied on the back of the greenback's overall slide against the rivals as investors cautiously await the UK's exit negotiations from the European Union less than two weeks ahead of schedule.
Against the greenback, sterling rose 0.1 percent to $ 1.3267. Sterling rose to a nine-month high against the greenback to around $ 1.34 last week and is currently below 1 percent below those levels.


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