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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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    Globally ... Dollar prices jump against other currencies

    Rocky
    Rocky
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    Globally ... Dollar prices jump against other currencies Empty Globally ... Dollar prices jump against other currencies

    Post by Rocky Fri 28 May 2021, 7:00 am

    Globally ... Dollar prices jump against other currencies

    •  Time: 05/28/2021 10:55:16
       
    •  Read: 2,301 times

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    {Economic: The Euphrates News} The dollar reached its highest level in seven weeks against the yen, and rose against other major currencies, as traders prepare for what is expected to be a strong inflation figure in the United States on Friday, while the Chinese yuan continued its gains to record its best monthly performance Since November.
     Al-Mukhtasar al-Mufid .. In important news, you can find it on the Al Furat News channel on the Telegram .. [You must be registered and logged in to see this link.]
    The British pound is also on its way to record its best monthly performance against the dollar this year, and at $ 1.4192, it approached a three-month high, supported by policymakers ’expectations of a possible interest rate hike next year.
    The pound's gain of 2.7 percent during the month was also driven by the speed of the British vaccination campaign, and during May, the pound was the best performer against the dollar among the ten most traded currencies.
    Against the euro, the pound sterling reached 85.79 pence per euro, near its five-week high of 85.615 pence. Against the yen, the pound reached its highest level in three years at 156.02 yen.
    The yuan was another super-performing currency and accelerated this week. In domestic transactions, the yuan hit a three-year high of 6.3682 per dollar, which is up about 1.7 percent per month.
    The euro settled at $ 1.2188 today, hovering near its highest level in five and a half months that touched it on Tuesday at $ 1.2266, as the easing statements from European Central Bank officials gained its momentum before a monetary policy meeting on the tenth of June.
    The euro rose 1.4 percent in May. The dollar index declined 1.4 percent in the month and settled at 90.048 today.
    As for the yen, which incurred losses on Thursday, it fell to a new low, and reached its lowest level in seven weeks at 109.96 per dollar in the Asian session.
    As for cryptocurrencies, the price of Bitcoin reached 37,333 dollars, almost unchanged in the last 24 hours, but it is moving towards recording the largest monthly loss in about two and a half years. Ethereum fell 2 percent to $ 2,667 and is on track to post its first monthly loss since last September.
    Raghad Daham
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