Dollar pauses broad rally, bulls still solidly positioned - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The dollar took a breather on Tuesday after a sweeping rally, easing slightly from milestone highs on the euro, yen and sterling, but not too far as recession stalk Europe and US interest rates are poised for sharp rises.

The euro was up 0.4% to $0.9963 in early Asia trade after it hit a two-decade low of $0.9876 on Monday as the prospects for a winter without Russian gas sunk in.

Russia has halted gas flow along the Nord Stream 1 pipeline to Germany indefinitely, at first blaming an oil leak at a compressor station but on Monday linking the stoppage to sanctions imposed by the west.Liz Truss is Britain’s new Prime Minister after winning a leadership vote on Monday and her promises of tax cuts add uncertainty to government finances.

The yen, which has tumbled as US rate hikes gather pace and widen the gap on anchored Japanese interest rates, last traded at 140.30 per dollar, not far from a 24-year trough of 140.80 hit last week.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 37. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I’m gradually making more earnings now in my trades but with the aid of a trader that was recommended and now I'm recommending her to y'all EliDonovan01

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 lisa_mia_t0 and started Bitcoin trading, I earned $80,000 in 3 weeks thanks Lisa_Mia_T0.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Africa’s Financial Industry Gears up for Digital Finance Africa 2022 - IT News Africa - Up to date technology news, IT news, Digital news, Telecom news, Mobile news, Gadgets news, Analysis and ReportsDigital Finance Africa 2022, the definitive annual event on technology leadership in the financial services industry returns on the 22nd of September 2022 as a brand-new hybrid concept. The 2nd annual Digital Finance Africa is set to take place on the 22nd of September 2022, at The Maslow, Sandton, South Africa. The forum is hosted […]
Source: ITNewsAfrica - 🏆 27. / 59 Read more »