stronger us dollar against major peers
Last Updated : GMT 13:03:42
Arab Today, arab today
Arab Today, arab today

Stronger US dollar against major peers

Arab Today, arab today

Arab Today, arab today Stronger US dollar against major peers

Kuwait - KUNA

The US dollar strengthened against most major counterparts following the Federal Open Market Committee (FOMC) press conference as the Federal Reserve has cut its monthly bond purchases by another USD 10 billion, continuing on Bernanke's tapering program, the National Bank of Kuwait (NBK) said in its weekly report on Sunday.Federal Open Market Committee decided to cut its assets purchases by USD 10 billion for the third straight meeting in March to USD 55 billion a month from USD 65 billion starting in April. Meanwhile the Fed left the target range for the federal funds rate at zero to 0.25 percent, it said.On economic data, the number of Americans filing for unemployment benefits held near the lowest level in almost 4-months, while manufacturing in some areas is rebounding and a gauge of the economy's prospects climbed more than forecasted in February, as signs that the US growth will pick up as temperatures rise, it indicated.Jobless claims rose by only 5,000 to 320,000, but lower than the forecasted 327,000. The slowdown in dismissals could lay the groundwork for a pickup in hiring which will equate to a boost in consumer spending, as most retailers prepare to launch summer clothing and equipment, the report added.In Germany, investor confidence fell in February for a third consecutive month, a sign that the recovery for the German economy is being burdened by the Crimean crisis, which poses a risk to the continents' powerhouse, it said.The United Kingdoms' unemployment rate held steady in the three months through January, while Bank of England policy makers stated that the Pound's advance against the US dollar is keeping price pressures in check.The jobless rate came at 7.2 percent, unchanged from the last quarter of 2013. The Bank of England stated, "Sterling had appreciated by another 1.5 percent during the month, and it was possible that this gradual appreciation would continue if prospects in the UK continued to be seen as increasingly favorable relative to those of its main trading partners". Gold lost all gains it made last week, dropping the most in 3-months after the Federal Reserve further reduced the monetary stimulus in the US economy, while economists speculate a rise in interest rates in 2015, curbing demand for the precious metal.Gold dropped since the beginning from a high of 1,392.33 to a low of 1,320.67. This year, gold has advanced 12 percent as signs of slowing global growth and turmoil in Eastern Europe increased demand for haven assets, it concluded.

arabstoday
arabstoday

GMT 11:50 2017 Tuesday ,21 November

European stocks shrug off Germany's political woes

GMT 03:59 2017 Tuesday ,21 November

Weekly inflation decreases by 0.88%

GMT 23:50 2017 Monday ,20 November

Bahrain Bourse daily trading performance

GMT 14:54 2017 Sunday ,19 November

Bahrain Bourse daily trading performance

GMT 03:16 2017 Saturday ,18 November

Asian markets head for positive end to volatile week

GMT 11:57 2017 Friday ,17 November

US stocks boosted by solid Wal-Mart, Cisco earnings

GMT 06:51 2017 Friday ,17 November

Bahrain Bourse daily trading performance

GMT 03:57 2017 Thursday ,16 November

Stock markets retreat as oil slides
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*

stronger us dollar against major peers stronger us dollar against major peers

 



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*

stronger us dollar against major peers stronger us dollar against major peers

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today The Big Apple bike boom

GMT 10:47 2017 Wednesday ,22 November

The Big Apple bike boom
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Leaders of Russia, Iran, Turkey meet

GMT 10:12 2017 Wednesday ,22 November

Leaders of Russia, Iran, Turkey meet
Arab Today, arab today 'Advanced' cyber attack targets Saudi Arabia

GMT 10:18 2017 Wednesday ,22 November

'Advanced' cyber attack targets Saudi Arabia
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Honda recalls 800,000 minivans

GMT 11:43 2017 Wednesday ,22 November

Honda recalls 800,000 minivans
Arab Today, arab today VW says will invest over 34bn euros

GMT 07:19 2017 Tuesday ,21 November

VW says will invest over 34bn euros
Arab Today, arab today Singer Jahda Wahba has unlimited ambitions

GMT 07:56 2017 Monday ,20 November

Singer Jahda Wahba has unlimited ambitions
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 09:23 2017 Saturday ,18 November

Fedra happy for “Between Two Worlds” success

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 13:41 2017 Tuesday ,21 November

French choke up over proposal

GMT 00:44 2017 Monday ,20 November

Japanese regulators raid Airbnb

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
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