Arab Today, arab today dollar firms in asia on upbeat manufacturing data
Last Updated : GMT 06:51:55
Arab Today, arab today
Arab Today, arab today

Dollar firms in Asia on upbeat manufacturing data

Arab Today, arab today

Arab Today, arab today Dollar firms in Asia on upbeat manufacturing data

Tokyo - AFP

The dollar firmed against the yen and euro in Asia Wednesday, boosted by solid US economic data and a bleak outlook for the troubled eurozone as the Bank of Japan starts a two-day policy meeting. In Tokyo morning trade the dollar bought 93.63 yen, up from 93.39 yen in New York on Tuesday. The euro rose to 119.86 yen from 119.70 yen while it weakened to $1.2801 from $1.2813. Supporting the dollar was a US Commerce Department report that showed new orders for manufactured goods rose 3.0 percent in February, topping expectations. By contrast, a weak eurozone manufacturing report showed further contraction in the sector, adding to concerns about the bloc amid fears about bailed-out Cyprus and a political impasse in Italy. The 17-nation eurozone's unemployment hit a record 12 percent in February, official data showed Tuesday, with more than 19 million people on the dole. However, Cyprus has been given two more years, until 2018, to meet the conditions of a 10 billion-euro bailout under a final agreement with eurozone lenders, giving the island nation a bit more breathing room. The yen's weakening came as analysts have tipped the Bank of Japan to launch aggressive policy measures at its first meeting under new governor Haruhiko Kuroda, who vowed Tuesday he would announce "bold" monetary easing. The BoJ's two-day meeting, which starts Wednesday, follows a central bank survey Monday that showed a modest uptick in confidence among large Japanese manufacturers, although it came in below expectations. "As long as (governor) Kuroda keeps expectations for further easing intact, the yen's weakening trend will continue," Hideyuki Ishiguro, a senior strategist at Okasan Securities' investment strategy department, told Dow Jones Newswires.

arabstoday
arabstoday

GMT 21:25 2017 Wednesday ,24 May

Egypt bourse rebounds at beginning of trading

GMT 03:39 2017 Wednesday ,24 May

Saudi stocks drag lower before Ramadan

GMT 05:41 2017 Tuesday ,23 May

Tadawul index stays almost flat

GMT 20:24 2017 Saturday ,20 May

US Stocks Close Higher

GMT 17:28 2017 Thursday ,18 May

Saudi stocks rise in heavy trading

GMT 21:37 2017 Wednesday ,17 May

US Stocks Close Mixed

GMT 04:58 2017 Wednesday ,17 May

Tadawul index gains 0.7%
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today dollar firms in asia on upbeat manufacturing data Arab Today, arab today dollar firms in asia on upbeat manufacturing data

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today dollar firms in asia on upbeat manufacturing data Arab Today, arab today dollar firms in asia on upbeat manufacturing data

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today Sally Shaheen considers hosting a political show

GMT 21:25 2017 Wednesday ,24 May

Egypt bourse rebounds at beginning of trading

GMT 03:39 2017 Wednesday ,24 May

Saudi stocks drag lower before Ramadan

GMT 05:41 2017 Tuesday ,23 May

Tadawul index stays almost flat

GMT 20:24 2017 Saturday ,20 May

US Stocks Close Higher

GMT 17:28 2017 Thursday ,18 May

Saudi stocks rise in heavy trading

GMT 21:37 2017 Wednesday ,17 May

US Stocks Close Mixed

GMT 04:58 2017 Wednesday ,17 May

Tadawul index gains 0.7%
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday