30188
Dollar Stalls
World Economy

Dollar Stalls

The dollar stalled on Friday, on track to post weekly losses against the euro and yen, as the market’s appetite for risk receded amid a tumble in equities that pulled the greenback further away from its recent highs, Reuters reported. The dollar fetched 122.60 yen after capping off three straight days of losses on Thursday and was enroute for a 0.4% loss on the week. It had scaled a 2-1/2-month high of 123.60 on Monday after a bullish US jobs report heightened prospects of the Federal Reserve raising interest rates in December. The dollar also sank against the Swiss franc.

 

Short URL : http://goo.gl/40efRj
  1. http://goo.gl/iJpiMl
  • http://goo.gl/1hCTnM
  • http://goo.gl/bp4nCk
  • http://goo.gl/D19CHx
  • http://goo.gl/faK6u2

You can also read ...

Bithumb Hacked, $32m in Cryptocurrency Stolen
Cryptocurrencies dropped after the second South Korean...
South Africa GDP Shrinks
South African gross domestic product shrank 2.2% in the first...
Washington in March imposed tariffs of 25% on steel and 10% on aluminum, in a move mainly aimed at curbing imports from China.
Russia said on Tuesday it would impose import duties on US...
Saudi Arabia, which employs about two-thirds of its citizens, is chipping away at a budget deficit that ballooned to almost 16% of GDP after the oil shock of 2014, while FDI slumped more than 80% last year.
Show up, swipe in. The routine is familiar to office workers...
Taxes in Italy Drive Economy Underground
Italy grew rapidly over the 20th century, and its black market...
European businesses say it has become harder to do  business in China over the past year.
European companies complain they still face a tough business...
Australian Telecom Co. to Axe 8,000 Jobs
Australia’s dominant telecommunications company Telstra...
South Korea to Grow 3 Percent
The Organization for Economic Cooperation and Development has...

Trending

Googleplus