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The rise in dollar prices after absorbing the decisions of the Fed

rocky
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decisions - The rise in dollar prices after absorbing the decisions of the Fed Empty The rise in dollar prices after absorbing the decisions of the Fed

Post by rocky on Thu Mar 21, 2019 7:40 am

decisions - The rise in dollar prices after absorbing the decisions of the Fed %D8%AF%D9%88%D9%84%D8%A7%D8%B1-696x435-668x350

[size=32]The rise in dollar prices after absorbing the decisions of the Fed[/size]

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[rtl]The Dollar rose against major currencies on Thursday as investors digested the Fed's shocking decisions.[/rtl]


[rtl]The Fed decided to set interest rates yesterday in a consensus decision, but at the same time announced its retreat from any rate hike this year.[/rtl]


[rtl]The current interest rate is between 2.25% and 2.50%.[/rtl]


[rtl]The US central bank also announced that it will cut its inflation forecast, which is expected to reach 1.8% this year, below the previous estimate of 1.9%.[/rtl]


[rtl]The Fed has also decided to start cutting its $ 4 trillion balance sheet from May.[/rtl]


[rtl]By 0655 GMT, the greenback was down about 0.09% at $ 1.1423 and fell 0.2% at 110.46 yen.[/rtl]


[rtl]The greenback was down 0.2% at $ 1.3221, while against the Swiss franc it dropped 0.2% to 0.9909 francs.[/rtl]


[rtl]During that period, the major dollar index, which measures the performance of the currency against six major currencies, rose by 0.2% to 95.916.[/rtl]


[rtl]Jobless claims, wholesale sales and the Philadelphia Industrial Production Index will be released later in the day.[/rtl]



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