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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    The dollar is heading for big weekly gains

    Rocky
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    • Post n°1

    The dollar is heading for big weekly gains Empty The dollar is heading for big weekly gains

    Post by Rocky Fri 18 Jun 2021, 6:28 am

    [size=35][size=35]The dollar is heading for big weekly gains[/size]
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    Economie

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    2021-06-18 | 03:11
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    On Friday, the dollar was headed for its best weekly performance in nearly nine months, as investors raced to consider an end to US monetary stimulus sooner than expected in the days following a sudden shift in tone from the Federal Reserve.


    Since Wednesday, when US central bank officials forecast possible interest rate hikes in 2023, the dollar has gained about 1.8% against the euro and more than 2% against its Australian counterpart and the negative-yielding franc as currency borrowers scrambled to close their positions.





     
    The dollar index rose above its 200-day moving average, to reach its highest level in more than two months at 92.010, and is heading towards achieving a weekly gain of 1.6 percent, the largest since last September.
     
    And he said [url=https://www.alsumaria.tv/Entity/2031088066/%D8%B1%D9%8A%D8%AA%D8%B4%D8%A7%D8%B1%D8%AF %D9%81%D8%B1%D8%A7%D9%86%D9%88%D9%84%D9%88%D9%81%D9%8A%D8%AA%D8%B4/ar/]Richard Vranulovic[/url] Head of foreign exchange strategy at Westpac in Sydney: “”[url=https://www.alsumaria.tv/Entity/126016/%D9%85%D8%AC%D9%84%D8%B3 %D8%A7%D9%84%D8%A7%D8%AD%D8%AA%D9%8A%D8%A7%D8%B7%D9%8A/ar/]reserve[/url] The Federal Reserve has sent a very important message, which is that the days of abundant, abundant and unlimited liquidity are coming to an end.”
    [rtl]Related Articles[/rtl]

    The Australian and New Zealand currencies fell in Asian trading today, while most other major currencies were flat.
     
    The euro settled just over a two-month low of $1.1914.
     
    The Australian dollar hit its lowest level since December at $0.7521 today, and the New Zealand dollar fell to its lowest level since April at $0.6982, in defiance of very positive reports on jobs in Australia and growth in New Zealand, issued this week.
     
    The dollar is also heading to rise 0.5% against the yen, and the yen settled at 110.25 per dollar, after hitting an 11-week low at 110.82 yesterday, Thursday, and there was no change in it.
     
    He is reminded of the fact that the Bank of Japan kept its main policy stable as expected.
     
    The British pound fell 0.2% to $ 1.3900 and is heading towards incurring a weekly loss of 1.5%.
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