Dollar weakens versus euro; investors cautious as inflation data ahead - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

The dollar edged lower on Thursday against the euro, with investors cautious as they weighed the outlook for US Federal Reserve policy against the chances that higher interest rates could lead to a recession.

The Fed, the European Central Bank and the Bank of England are all set to announce interest rate decisions next week as policy-makers continue to tap the brakes on economic growth through higher rates to thwart stubbornly high inflation.

The euro was last up 0.5% at $1.0555 against the dollar, while sterling was up 0.2% against the dollar.The US dollar index, which measures the greenback against a basket of currencies, was last down 0.3%. The US dollar index remains up about 9.5% for the year so far, but is down more than 6% for the fourth quarter, putting it on track for its biggest percentage quarterly decline since the third quarter of 2010, when it dropped 8.5%, according to Refinitiv data.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Yall are late to the party.

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 37. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

BUSINESS MAVERICK: Cartoon Thursday with RicoDefend Truth
Источник: dailymaverick - 🏆 3. / 84 Прочитайте больше »