Arab Today, arab today us dollar rises against euro to near 5 year high
Last Updated : GMT 19:28:17
Arab Today, arab today
Arab Today, arab today

US dollar rises against euro to near 5 year high

Arab Today, arab today

Arab Today, arab today US dollar rises against euro to near 5 year high

Washington - XINHUA

The U.S. dollar rallied against other major currencies on Friday and climbed against the euro to the highest level in almost five years as the president of European Central Bank (ECB) signaled to increase stimulus measures.
The euro depreciated on the news that ECB President Mario Draghi said in an interview on Friday that "we are in technical preparations to alter the size, speed and composition of our measures at the beginning of 2015," suggesting that the central bank was ready to launch more monetary stimulus for the waning economy.
The euro/dollar rate dropped 0.83 percent during the session and touched 1.2002, the lowest level since June 2010. The dollar index, which tracks the greenback against six major currencies, was down 0.89 percent at 91.076 in late trading.
On the economic front, The U.S. Purchasing Managers' Index (PMI) went down 3.2 points from November's reading to 55.5 in December, the slowest monthly growth in six months, the Institute for Supply Management reported on Friday. The report from financial data firm Markit also showed Friday that U.S. manufacturing output growth slows again in December. The final seasonally adjusted Markit U.S. manufacturing PMI fell from 54.8 in November to 53.9 in December, indicating the weakest improvement in overall manufacturing sector business conditions since January.
Moreover, U.S. construction spending slipped 0.3 percent in November after a 1.2-percent rebound in October due to weak orders and production, short of market expectations of a 0.5-percent gain, said the Commerce Department Friday.
In late New York trading, the euro moved down to 1.2006 dollars from 1.2099 dollars in the previous session, and the British pound dropped to 1.5334 dollars from 1.5579 dollars. The Australian dollar went down to 0.8114 dollar from 0.8168 dollar.
The U.S. dollar bought 120.34 Japanese yen, higher than 119.70 yen of the previous session. The greenback went up to 1.0011 Swiss francs from 0.9943 Swiss franc, and moved up to 1.1750 Canadian dollars from 1.1618 Canadian dollars.

 

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 rises against euro to near 5 year high Arab Today, arab today us dollar rises against euro to near 5 year high

 



Arab Today, arab today
Arab Today, arab today Fadi Kataya explains secrets of  Nancy Ajram's newlook
Arab Today, arab today Messi visit will contribute in tourism

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Mental conflict endures

GMT 07:36 2017 Friday ,24 February

Mental conflict endures

GMT 13:40 2017 Thursday ,23 February

Muscat Securities Market loses 17 points

GMT 13:18 2017 Thursday ,23 February

Bahrain Bourse daily trading report

GMT 05:51 2017 Thursday ,23 February

Saudi stocks edge up as Brent futures rebound

GMT 20:48 2017 Wednesday ,22 February

Dividend announcements drive Muscat bourse

GMT 16:56 2017 Wednesday ,22 February

Global gold prices drop

GMT 16:01 2017 Wednesday ,22 February

Tadawul edges down 0.2%

GMT 13:22 2017 Wednesday ,22 February

Canadian stock market closes at record high

GMT 11:50 2017 Wednesday ,22 February

Most Asia markets up as Hong Kong rebounds
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Wafaa Amer is happy for Sherihan’s return

GMT 07:36 2017 Wednesday ,22 February

Wafaa Amer is happy for Sherihan’s return
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 05:19 2017 Tuesday ,21 February

Salma Rashid happy for 'A Whisper of Love'

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 07:51 2017 Wednesday ,22 February

Mom's immune system accepts babies

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
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