Arab Today, arab today dollar surges following release of fed minutes
Last Updated : GMT 11:22:02
Arab Today, arab today
Arab Today, arab today

Dollar surges following release of Fed minutes

Arab Today, arab today

Arab Today, arab today Dollar surges following release of Fed minutes

Dollar surges
New York - XINHUA

The U.S. dollar surged against major currencies Wednesday after the minutes of Federal Reserve's latest meeting showed officials discussed withdrawing monetary easing measures.
The Fed released the minutes of its latest policy meeting, which said "many participants noted that if convergence toward the committee's objectives occurred more quickly than expected, it might become appropriate to begin removing monetary policy accommodation sooner than they currently anticipated."
The minutes raised speculations that the Fed may increase interest rates sooner than previously expected and boosted the greenback. The spot rate of the dollar index, which tracks the dollar against a basket of currencies rose to 82.2, the highest level in 11 months.
In the previous session, the U.S. dollar rallied across the board as the Commerce Department reported U.S. housing starts rose sharply by 15.7 percent in July from the previous month, a sign that the U.S. economy has continued improving.
Global central bankers will start an annual summit Thursday in Jackson Hole, Wyoming. Investors will pay close attention to the speech delivered by Federal Reserve Chair Janet Yellen during the meeting for clues of a rate hike.
In late New York trading, the euro fell to 1.3262 dollars from 1.3319 dollars of the previous session, and the British pound decreased to 1.6599 dollars from 1.6618 dollars. The Australian dollar slipped to 0.9289 dollar from 0.9309 dollar.
The dollar bought 103.71 Japanese yen, higher than 102.91 yen of the previous session. The greenback went up to 0.9132 Swiss franc from 0.9091 Swiss franc, and it moved up to 1.0968 Canadian dollars from 1.0944 Canadian dollars.

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 surges following release of fed minutes Arab Today, arab today dollar surges following release of fed minutes

 



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 surges following release of fed minutes Arab Today, arab today dollar surges following release of fed minutes

 



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