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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 on its way to a major weekly decline

    Rocky
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    • Post n°1

    The dollar is on its way to a major weekly decline Empty The dollar is on its way to a major weekly decline

    Post by Rocky Fri 17 Nov 2023, 4:07 am

    [size=35][size=35]The dollar is on its way to a major weekly decline[/size]
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    Economy

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    2023-11-17 | 02:12
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    Al-Sumaria News - Economy

    The dollar is heading towards its largest weekly decline in months against the euro, the yen and the Swiss franc, on Friday, as investors sell in anticipation of a cut of about 100 basis points in the US interest rate next year.

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    The dollar recorded 1.0854 against the euro, and fell 1.6 percent during the week, its largest decline since mid-July. It also fell 1.6 percent during the week to 0.8882 [url=https://www.alsumaria.tv/Entity/72476/%D8%A7%D9%84%D9%81%D8%B1%D9%86%D9%83 %D8%A7%D9%84%D8%B3%D9%88%D9%8A%D8%B3%D8%B1%D9%8A/ar/]Swiss francs[/url], and fell 0.6 percent against the Japanese yen to 150.53 yen.



    Oil fell to its lowest levels in four months on Thursday, and the [url=https://www.alsumaria.tv/Entity/120440/%D9%88%D9%88%D9%84 %D9%85%D8%A7%D8%B1%D8%AA/ar/]Walmart[/url] chain said it would lower prices, adding to deflationary pressures that data this week showed had contributed to stabilizing US consumer prices and convinced investors that inflation was falling and that raising interest rates had ended.

    The British pound rose 1.5 percent this week to $1.2410. [You must be registered and logged in to see this link.] and [url=https://www.alsumaria.tv/Entity/72432/%D8%AF%D9%88%D9%84%D8%A7%D8%B1 %D9%86%D9%8A%D9%88%D8%B2%D9%8A%D9%84%D9%86%D8%AF%D9%8A/ar/]New Zealand dollars[/url] lost some strength on Thursday, after indications of a slowdown in the US economy that negatively affected commodity prices, but they are on their way to recording weekly gains.

    Movements in Asian transactions on Friday were limited, and the [url=https://www.alsumaria.tv/Entity/72415/%D8%AF%D9%88%D9%84%D8%A7%D8%B1 %D8%A3%D8%B3%D8%AA%D8%B1%D8%A7%D9%84%D9%8A/ar/]Australian dollar[/url] traded for $0.6466, up 1.7 percent during the week, while the New Zealand dollar recorded $0.5960, up 1.2 percent during the week.

    The Chinese yuan rose to 7.2447 against the dollar and is expected to record its best weekly performance in two months, and was traded near the highest level in three months.
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