Arab Today, arab today dollar rallies on us growth expectations
Last Updated : GMT 11:14:33
Arab Today, arab today
Arab Today, arab today

Dollar rallies on US growth expectations

Arab Today, arab today

Arab Today, arab today Dollar rallies on US growth expectations

The US dollar rallied strongly
New York - XINHUA

The U.S. dollar continued rising against most major currencies Friday as upbeat U.S. durable goods data fueled expectations for stronger economic recovery.
The spot rate of the dollar index, which tracks the dollar's value against a basket of major currencies, rose 0.2 percent to 81. 04.
New orders for U.S. manufactured durable goods increased 0.7 percent in June, boosted by demand for transportation equipment, said the Commerce Department Friday. The increase was larger than market estimates and analysts believed the report due next week will show the U.S. economy grows faster in the second quarter.
In the contrary, a report from Ifo institute showed that German business climate index, based on a survey of 7,000 executives, slipped to 108 from 109.7 in June, raising concerns over the eurozone economy. The euro/dollar rate slid to the lowest level in eight months.
Meanwhile, geopolitical tensions still kept investors cautious. Four Israeli army tanks on Thursday shelled a UN-run school in a northern Gaza Strip town, killing 16 and wounding dozens of civilians who took refuge in the school, medics and witnesses said.
In late New York trading, the euro fell to 1.3433 dollars from 1.3464 dollars of the previous session, and the British pound decreased to 1.6977 dollars from 1.6984 dollars. The Australian dollar slipped to 0.9396 dollars from 0.9415 dollars.
The dollar bought 101.80 Japanese yen, lower than 101.83 yen of the previous session. The dollar went up to 0.9048 from 0.9026 Swiss francs, and it moved up to 1.0815 Canadian dollars from 1. 0747 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 rallies on us growth expectations Arab Today, arab today dollar rallies on us growth expectations

 



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 rallies on us growth expectations Arab Today, arab today dollar rallies on us growth expectations

 



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
Arab Today, arab today
Arab Today, arab today
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