Arab Today, arab today dollar rises on ecb concerns
Last Updated : GMT 16:24:37
Arab Today, arab today
Arab Today, arab today

Dollar rises on ECB concerns

Arab Today, arab today

Arab Today, arab today Dollar rises on ECB concerns

New York - Xinhua

The U.S. dollar rose against major currencies in late New York trading on Wednesday as investors were concerned that the European Central Bank (ECB)\'s possible move will weighed on the euro and optimism on U.S. economy lifted the greenback. David Riley, the head of sovereign ratings for Fitch Ratings said Wednesday that the ECB should purchase more government bonds in order to save Italy and prevent a \"cataclysmic\" euro collapse. His comments raised concerns and pressured the euro. The ECB is scheduled to hold its monetary policy meeting on Thursday. Analysts expected that the central bank would cut key interest rate in an effort to boost the European economy. The euro again dipped to below 1.27 against the dollar in midday trading on Wednesday. On economic front, the Federal Reserve\'s Beige Book indicated that U.S. economic activity increased \"at a modest to moderate pace\" in the last month of 2011. The Fed\'s judgments were in line with recent U.S. positive economic data and lifted investors\' confidence about the U.S. economic outlook. The dollar index gained 0.62 percent to 81.31 on Wednesday. In late Wednesday trading, the dollar bought 76.87 Japanese yen, comparing with 76.82 from late Tuesday. The euro fell to 1.2697 dollars from 1.2790. The British pound also fell to 1.5320 dollars from 1.5486. The dollar rose from 0.9485 Swiss francs to 0.9551, and also rose to 1. 0196 Canadian dollars from 1.0159.  

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 rises on ecb concerns Arab Today, arab today dollar rises on ecb concerns

 



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 rises on ecb concerns Arab Today, arab today dollar rises on ecb concerns

 



Arab Today, arab today Etiquette expert calls for short visits

GMT 16:21 2017 Monday ,26 June

Etiquette expert calls for short visits
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

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots
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