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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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    Dollar higher after easing concerns about slowing growth in the world economy

    Rocky
    Rocky
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    Posts : 268592
    Join date : 2012-12-21

    Dollar higher after easing concerns about slowing growth in the world economy Empty Dollar higher after easing concerns about slowing growth in the world economy

    Post by Rocky Thu 05 May 2016, 2:31 am

    [ltr]Dollar higher after easing concerns about slowing growth in the world economy[/ltr]

     Since 05.05.2016 at 08:29 (Baghdad time)
    [ltr]Dollar higher after easing concerns about slowing growth in the world economy 8[/ltr]
    [ltr]Follow-up - the balance of News[/ltr]
    [ltr]The US dollar rose, recovering from lows of recent record against the Japanese yen and the euro after US data eased concerns about a slowdown in the world's largest economy's growth.[/ltr]
    [ltr]But analysts said the weak report on the unexpected job growth in the private sector the US in April, and bets that the Bank of Japan probably will not intervene soon to stop the rise of the yen may help the greenback fell again.[/ltr]
    [ltr]The dollar was Hui to 05/10/52 yen, its lowest level in about 19 months in trading last night and touched the weakest level against the euro since last August.[/ltr]
    [ltr]Analysts said they expect further momentum to the downward trend of the dollar, "What a great surprise did not occur on Friday," a reference to the US government report on jobs for the month of April.[/ltr]
    [ltr]The dollar was supported after data showed a decline in the US trade deficit in March to its lowest level in 13 months and a growth rate of 1.1 percent in factory orders, a bigger increase than analysts' expectations. In addition, the increased supply management Institute, which tracks the US services sector growth to the highest level since December index.[/ltr]
    [ltr]And increased the dollar index, which measures the greenback's value against a basket of the euro, yen and six major currencies Okhry- 0.35 percent to 93.270 in late trading in the US market recovering from its lowest level in more than 15 months, which has fallen to him on Tuesday.[/ltr]
    [ltr]The US currency rose 0.3 percent to 106.99 yen, with Japanese markets close on Wednesday and Thursday in the Golden Week holiday.[/ltr]
    [ltr]The yen hit last week , the biggest weekly gain since 2008 , rising more than 5 percent against the dollar after the Bank of Japan refrained from expanding its monetary stimulus. Ended 29/4 e[/ltr]


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