The U.S. dollar dipped against most major currencies on Monday, continuously pressured by disappointing U.S. non-farm payroll report for July. U.S. Labor Department reported last Friday that total non-farm payroll increased by 162,000 in July, less than expected. However, July's jobless rate fell more than expected, falling to 7.4 percent from 7.6 percent in June, but some analysts pointed out that this may be because more people have given up to seek jobs. The greenback has been under pressure since the Federal Reserve announced last week that it would continue its current monetary stimulus to bolster the slow economic growth and job creation. Dollar's losses were moderate as the Instituted for Supply Management reported Monday that U.S. non-manufacturing index jumped to 56.0 from June's 52.2, which beat market forecast. Meanwhile, investors will closely watch monetary policy meeting of Bank of Japan this week. BoJ Governor Haruhiko Kuroda will hold a press conference on Thursday after the two-day meeting. In late New York trading, the euro fell to 1.3259 dollars from 1.3285 dollars of the previous session and the British pound increased to 1.5348 dollars from 1.5285 dollars. The Australian dollar climbed to 0.8911 dollars from 0.8908 dollars. The dollar bought 98.3 Japanese yen, lower than 98.90 yen of the previous session. It edged down to 0.9279 Swiss francs from 0. 9288 Swiss francs and moved down to 1.0369 Canadian dollars from 1. 0390 Canadian dollars.
GMT 11:02 2018 Tuesday ,11 December
ASE opens trading on lower noteGMT 15:40 2018 Monday ,10 December
Amman stock market closes trading at JD4.4 millionGMT 19:10 2018 Wednesday ,05 December
Index at Palestine stock market drops by less than one pointGMT 17:58 2018 Sunday ,25 November
Amman stock market wraps up trading at JD2.6 millionGMT 14:24 2018 Thursday ,22 November
Russia’s stock market demonstrates record-breaking figures in 2018GMT 11:45 2018 Tuesday ,20 November
Tokyo stocks close lower as tech issues weigh, Nissan tumblesGMT 15:08 2018 Monday ,19 November
Amman stock market wraps up trading at JD6.1 millionGMT 15:51 2018 Sunday ,18 November
U.S. stocks post weekly losses amid tech shares routMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor