الاثنين، 14 مارس 2016

Dollar rises against the euro

Rise in the dollar against the euro during Monday's trading and fell against the yen as investors awaited the Fed meeting and the Bank of Japan during the later in the week. The euro / dollar has declined by 0.35% to trade at 1.1108, to extend his withdrawal from the highest level in one month by 1.1217 hit on Thursday after the European Central Bank announced a series of stimulus measures as he noted that more interest rate cuts may Do not be improbable. The dollar / yen, its lowest level by 113.51 and was last trading at 113.71. Investors are awaiting the Bank of Japan meetings and the meeting of the US central bank. It was not anticipated that the Federal Reserve Board to raise interest rates on a large scale at the conclusion of its meeting on Wednesday, because of the indicators in the recent weakness in the global economy As it is likely that the US central bank to point out that interest rates will rise somewhat soon, as long as inflation in the United States and the ongoing work to improve. Most economists expected to be a rate hike this year in June. And raise the Fed's interest rates in December for the first time since 2006, while waiting for expectations to raise the price Alvaidhy four times during 2016. And it will be watching the Fed meeting chaired by Federal Reserve Chairman Janet Yellen closely for clues on the future path of interest rates. It was also expected that the Bank of Japan maintained its monetary policy unchanged at the end of the meeting on Tuesday, after a traumatic decision on the adoption of negative interest rates in January, which was not enough to weaken the yen. The yen rose to its highest level against the dollar in more a year amid global market turmoil since the beginning of 2016. The weak currency a key element of the economic program of the Japanese Prime Minister Shinzo Abe, known as Obinomaks, which helped to increase exports. The growing opinion that has contributed to the loose monetary policy of the Bank of Japan's measures also lose their effectiveness due to the yen's strength. The dollar also rose against the pound and the Swiss franc, with GBP / USD shedding 044% to hit 1.4319 and rising dollar / franc by 0.41% to hit 0.9866.
The dollar , which measures the dollar's strength against a basket of six major, E, rose 0.4% to trade at 96.61.

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