الاثنين، 14 مارس 2016

The dollar stabilized on gains in limited trading

Dollar gains on steady against other major currencies in quiet trading on Monday, as investors awaited the next policy meeting of the Federal Reserve this week. The euro / dollar has declined by 0.30% to trade at 1.1115. The dollar fell broadly after China's central bank boosted the fixed exchange rate of the yuan after the sharp rise in the euro on Thursday after he showed the European Central Bank President Mario Draghi, the Bank will not cut interest rates deep into negative territory. It continued unified under selling pressure, after the European Central Bank cut interest rates in the euro area to new highs and enhanced quantitative easing program on Thursday. The European Central Bank cut interest rates to a record low of zero to 0.05% and boosted its quantitative easing program to pump 20 billion euros per month for up to 80 billion euros in April. It was little for the dollar / yen at 113.75 unchanged. The dollar also rose against the pound and the Swiss franc, with GBP / USD shedding 0.22% to hit 1.4350 USD / CHF rose by 0.40% to hit 0.9865. USD / CAD rose 0.20% to hit 1.3238. As commodity-related dollar fell after oil prices fell back from their highest level in three months after Iranian Oil Minister Bijan Zanganeh said his country would not join a freeze on oil production so that production will double to before the sanctions stage The dollar index, which measures the dollar's strength against a basket of six major currencies, rose 0.25% to trade at 96.47, moving away from its lowest level in one month and on Friday from 95.94

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