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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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    The US dollar, its highest level in three weeks in the European market

    Rocky
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    The US dollar, its highest level in three weeks in the European market Empty The US dollar, its highest level in three weeks in the European market

    Post by Rocky Thu 01 Sep 2016, 2:21 am

    [ltr]The US dollar, its highest level in three weeks in the European market[/ltr]

     Since 01.09.2016 at 08:55 (Baghdad time)
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    [ltr]Follow-up - the balance of News[/ltr]
    [ltr]The US dollar kept on rising European market, on Thursday, against a basket of major and minor currencies, extending gains for the fourth straight day, its highest level in three weeks, with the continued introduction of new purchasing centers in US currency based on rising expectations the Federal Reserve to increase interest rates during the current year, and it awaits the US economy later in several important labor market data with the release of private sector jobs during August and other data for the sectors of industry and housing.[/ltr]
    [ltr]The dollar index is trading by the time 11:40 GMT on the level of 96.08 points from the opening level of 95.97 points and 96.15 recording the highest of highest point since August 9 and the lowest level of 95.89 points.[/ltr]
    [ltr]The index ended yesterday's trading up about 0.6 percent, in the third daily gain in a row, after data from Washington showed higher-than-expected consumer confidence in the US economy during August, the highest pace since September September 2015.[/ltr]
    [ltr]It rose this month bets traders to increase US interest rates in September to 42 percent from 22 percent, and in December to 65 percent, and the stakes increase for once at least during this year to 61 percent, up from 8 percent in June last year.[/ltr]
    [ltr]This rise is due to Janet's comments tempered head of the Federal Reserve in Jackson Hole conference in which he confirmed that the justification for raising interest rates increased recent months thanks to the performance of the labor market and the approaching growth and inflation in the country of the targets of the Federal Reserve.[/ltr]
    [ltr]It is expected the US economy later in the day many important for the sectors of industry, housing and labor market data, perhaps the most important of these data that will be released from the labor market, especially as the Fed relies heavily on the strength of these data even raise interest rates in the near future.[/ltr]
    [ltr]Labor market issued by at 12:15 GMT to gauge the new private sector is expected 174 thousand new jobs during August / August, compared with 179 thousand jobs jobs ADP index during July.[/ltr]
    [ltr]And industry Chicago manufacturing index expected to issue 54.1 in August from 55.8 in July, and the housing sector issued pending home sales expected to rise 0.7% in July from 0.2% decline in June ".anthy 29 / p 18[/ltr]


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