Arab Today, arab today us dollar continues to drop against euro
Last Updated : GMT 16:24:37
Arab Today, arab today
Arab Today, arab today

US dollar continues to drop against euro

Arab Today, arab today

Arab Today, arab today US dollar continues to drop against euro

New York - XINHUA

The US dollar weakened against most major currencies Wednesday and it fell against the euro for the seventh consecutive day on higher money market rates in the euro zone. Eurozone overnight lending rates have been rising in the last few days, as banks have paid back funding lent by the European Central Bank following the European debt crisis. Moreover, the ECB refrained from further monetary stimulus last week, which also supported the euro. Chief budget negotiators in the U.S. Congress said late Tuesday that they had reached a two-year deal to avoid a government shutdown on Jan. 15. The budget deal still needs to be approved by both chambers of Congress. However, the budget deal was still unable to lift the U.S. dollar. The dollar index, which tracks the greenback versus the six major currencies, fell 0.1 percent to 79.85. The greenback has been weak in the last few sessions as many analysts still believe the Federal Reserve need to see more evidence of economic improvements and it would probably start to taper bond purchases in March 2014. The next Fed's policy meeting will be held on Dec. 17-18. In late New York trading, the euro rose to 1.3788 U.S. dollars from 1.3763 dollars in the previous session, and the British pound decreased to 1.6382 U.S. dollars from 1.6446 dollars. The Australian dollar slipped to 0.9067 U.S. dollar from 0.9156 dollar. The U.S. dollar bought 102.56 Japanese yen, lower than 102.77 yen of the previous session. The U.S. dollar moved down to 0.8805 Swiss franc from 0.8872 Swiss franc and went down to 1.0594 Canadian dollars from 1.0610 Canadian dollars Tuesday.

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 us dollar continues to drop against euro Arab Today, arab today us dollar continues to drop against euro

 



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 us dollar continues to drop against euro Arab Today, arab today us dollar continues to drop against euro

 



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