Dollar gains, euro slips further from parity - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

📆 06/09/2022 22:47:00
📰 SABCNews

⏱ Reading Time:
31 sec. here
2 min. at publisher
📊 Quality Score:
News: 16%
Publisher: 51%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

The dollar marched higher on Tuesday after a report on the US services industry in August reinforced the view that the economy was not in recession, while the euro and rate-sensitive Japanese yen continued to tumble.

The dollar index rose 0.557% after the Institute for Supply Management said its non-manufacturing PMI edged up to a reading of 56.9 last month from 56.7 in July, the second consecutive monthly increase after three months of declines.

While the dollar’s path of least resistance is upward, its strength will be challenged next week when the US Consumer Price Index for August is released, Chandler said. The correlation of the dollar-yen exchange rate with US yields has rebounded to near its strongest year-to-date level, HSBC said. The bank changed its forecast for the pair to 144 at the end of the third quarter up from 140 previously.

Britain’s incoming Prime Minister Liz Truss is considering a freeze on household energy bills to try to avert a winter cost-of-living crisis for millions of households, Reuters reported on Monday.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Écrire un Commentaire

Being the head of the home isn't easy, you are expected to provide for the home, I lost my job during the pandemic and relied on the little money I had,things were hard until I met JamesAlderson0 and started Bitcoin trading, I earned R800,000 in 3 weeks thanks JamesAlderson0

I never knew I would be what as I'm today so mush suffering, saw a post about your platform and I took a step to try if it's going to work, you changed my life financially, I just want to share your good work and let the world know how great you are JamesAlderson0

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

LIVE: Senzo Meyiwa Murder Trial - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The murder trial of former Bafana Bafana goalkeeper Senzo Meyiwa continues in the High Court in Pretoria.
La source: SABCNews - 🏆 37. / 51 Lire la suite »

Shoprite earnings up by 10.3% - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Africa’s largest grocer, Shoprite Holdings on Tuesday delivered a robust set of full-year results with headline earnings up by 10.3%, boosting dividend per share up to R6 for the year ended July 2022. Is this why Shoprite staff so underpaid? Obviously. WOOLWORTHS_SA is even cheaper than Shoprite_SA on basic items it's ridiculous really. I have always hated Bitcoin and thought it was a scam until a friend referred me to Allison_Grillo, I made my first withdrawal of R100,000 in 2 weeks thanks to Allison_Grillo.
La source: SABCNews - 🏆 37. / 51 Lire la suite »