United States DollarThe the U.S. dollar and reached the highest level in a month against the common European currency, as well as gained in all the options for high-yielding currencies and pessimism returned to the stock market and betting that interest rates in the United States would lift up.
After the employment report, which turned market sentiment last Friday, the dollar found support for the rally strongly against the commodity-linked currencies such as the Australian dollar, and the options available in the emerging market, such as the Brazilian real, both which have risen more than 20 percent against the dollar in 2009 . Stock markets Shares in Dubai Mercantile Exchange today as it touched the lowest level since July, and speculation that lower borrowing costs in all parts of the world has created a new asset bubble brought risk aversion to higher levels of this month, according to speculation that the days bearish for the dollar may end, since the difficulties that may be of interest rates by the Fed (ie, sooner than was expected by noon on Friday after a positive report.
And began a wave of risk aversion in the Middle East combined with the positive feelings towards the new interest rates in the United States is fueling the dollar appeal in the commercial market was not a way for several months, the dollar could make further progress if such feelings gains confidence among dealers.
Euro / dollar traded at 1.4806 as of 11:15 GMT the opening of the price of 1.4877 yesterday. Office of the Inspector General / trading at 0.9084 dollars from 0.9136.
If you want to comment on the dollar last working or you have any questions regarding this coin, please, feel free to reply below.
No comments:
Post a Comment