Arab Today, arab today dollar keeps falling against major currencies
Last Updated : GMT 21:34:07
Arab Today, arab today
Arab Today, arab today

Dollar keeps falling against major currencies

Arab Today, arab today

Arab Today, arab today Dollar keeps falling against major currencies

New York - XINHUA

U.S. dollar continued its downward trend against major currencies Tuesday amid low trading volumes. Disappointing U.S. economic data released Tuesday exerted pressure on the dollar and heightened market speculations that the Federal Reserve may not taper the bond-purchasing program soon. U.S. manufacturing activity in the central Atlantic region declined in July, according to the most recent survey by the Federal Reserve Bank of Richmond. However, looking six months ahead, manufacturers were optimistic about business. U.S. house price appreciation continued in May, rising 0.7 percent on a seasonally adjusted basis from the previous month, marking the 16th consecutive monthly price increase, but still under market expectations. Japan\'s ruling camp, the Liberal Democratic Party and its coalition the New Komeito Party, won majority seats in the upper house election on Sunday, paving the way for Prime Minister Shinzo Abe to launch more stimulus economic policies. Analysts said investors had sold the yen before the election and the yen strengthened as they took profits from the positions in the past two sessions, but it will stay weak against the dollar in the long term. In late New York trading, the euro rose to 1.3234 dollars from 1.3190 dollars of the previous session and the British pound increased to 1.5391 dollars from 1.5357. The Australian dollar climbed to 0.9296 dollars from 0.9244. The dollar bought 99.44 Japanese yen, lower than 99.58 yen of the previous session. It edged down to 0.9345 Swiss francs from 0. 9362 and moved down to 1.0281 Canadian dollars from 1.0341.

arabstoday
arabstoday

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 keeps falling against major currencies Arab Today, arab today dollar keeps falling against major currencies

 



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 keeps falling against major currencies Arab Today, arab today dollar keeps falling against major currencies

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
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
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