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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


    Globally.. the dollar is near its highest level in 3 weeks

    Rocky
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    • Post n°1

    Globally.. the dollar is near its highest level in 3 weeks Empty Globally.. the dollar is near its highest level in 3 weeks

    Post by Rocky Fri Sep 17, 2021 8:23 am

    [size=36]Globally.. the dollar is near its highest level in 3 weeks
    [/size]
    September 17, 2021
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    Follow - up /
    dollar near its highest level settled in three weeks, on Friday, against a basket of major currencies after a strong set of US economic data that re - raise expectations for policy tightening earlier by the US Federal Reserve Board.
    US retail sales unexpectedly rose in August, rising 0.7% from the previous month despite expectations for a 0.8% decline, while the Philadelphia Fed's business confidence survey also showed a significant improvement.
    The dollar index settled at 92.880, close to Thursday's three-week high of 92.965.
    The euro hit a three-week low of $1.17505 overnight and was last traded at $1.1765.
    The common currency also hit a three-week low of 128.61 yen and a one-month low of £0.8501 before recovering some losses.
    The dollar's strength was more evident against other safe haven assets, such as the Swiss franc and precious metals.
    The Swiss franc hit a five-month low of 0.92785 per dollar, down 0.89% on Thursday.
    Gold stood at $1,754.4 an ounce after falling 2.3% in the previous session while silver was trading at $22.88 an ounce after losing 3.7% on Thursday, back near the eight-month lows it touched in August.
    The dollar rebounded to 109.72 yen, after gaining 0.34% on Thursday and far from Wednesday's six-week low of 109.11.
    The yen has so far shown limited reaction to the leadership race for the ruling Liberal Democratic Party, which will officially start on Friday before the September 29 vote. The parliamentary dominance of the LDP means that the leader of the new party will become prime minister.
    Elsewhere, the British pound slipped to $1.3795 while the Australian dollar traded at $0.7294, after touching a three-week low of $0.7274 in the previous session.
    The cryptocurrency retreated from this week's highs with bitcoin trading at $47663 and ether at $3,552.
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