The dollar index which measures the currency against six rivals, was down about 0.8%.on Sunday its decision to reduce oil supply by about 1.16 million barrels per day.
The decision pushed oil prices up over 6% on Monday and drove dollar strength initially, although it was short-lived. Investors are on diverging central bank policy with the Federal Reserve widely viewed as nearing the end of its rate-hike cycle.
Please can someone explain this to a non financial person? I’ve read it twice and I understand the individual words but have no idea what it means
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر: