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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 is supported by trade optimism ahead of the jobs report

    Rocky
    Rocky
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    The Dollar is supported by trade optimism ahead of the jobs report Empty The Dollar is supported by trade optimism ahead of the jobs report

    Post by Rocky Fri 05 Apr 2019, 6:13 am

    The Dollar is supported by trade optimism ahead of the jobs report

    The Dollar is supported by trade optimism ahead of the jobs report 14231


    The dollar hit a three-week high against the yen on Friday, supported by optimism about a US-China trade deal, although movements in foreign exchange markets are generally limited as investors see many news headlines but without the result of trade talks.
    Chinese President Xi Jinping said progress was being made and called for an early conclusion of the negotiations, Xinhua news agency reported.
    US President Donald Trump said on Thursday an agreement could be announced in about four weeks, but warned that it would be difficult to allow China to trade with the United States if issues remained unresolved.
    The dollar rose to its highest level in three weeks at 111.8 yen to the dollar, while holding its position against most of the other currencies. The yuan also gained 0.2 percent to 6.7065.
    But the dollar stabilized against a basket of currencies, and most of the major currencies were trading in tight ranges with the start of trading in Europe.
    Friday's focus is on US labor market data due to be released at 1230 GMT, which will help traders decide on how the US economy will be cohesive.
    The euro rose slightly to $ 1.1228 and the single currency curbed gains after data released on Thursday showed German industrial orders fell in February.
    The pound rose back towards $ 1.13 as an EU source said European Council President Donald Tusk was likely to offer Britain a flexible extension of the country's exit from the EU for up to a year.
    Sterling rose 0.2 percent to $ 1.3093. 
    The Australian dollar was up 0.2 percent at $ 0.71245.
    The Australian currency has gained support since the beginning of the week, after signs of progress in the US-China trade dispute raised high-risk assets and commodity prices.


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