Euro falls to lowest level in 9 years
Euro falls to lowest level in 9 years
Wednesday, January 7, 2015 13:39
BAGHDAD / follow Baghdadi News / euro … the lowest price in nine years against the dollar on Wednesday, as investors awaited inflation data which is expected to spur the European Central Bank to extend stimulus measures.
The “Reuters” in the news I followed / Baghdadi News / “It is expected that the figures published in the 1000 GMT decline annually in consumer prices for the first time since the height of the global financial crisis in 2009 show which will push the central bank to launch a comprehensive program of quantitative easing – which means practically printed euro – at its next meeting on January 22 in January. ”
She added, “The single currency fell to $ 1.1842 recorded its lowest level since March 2006. The currency fell 0.2 percent in the latest price for its record of $ 1.1865.”
She told Reuters that “the dollar pared losses against the yen, which is considered a safe haven amid a slight decline in demand for high-quality assets. After that came down to 118.05 yen in foreign markets, the US currency rose 0.6 percent in the latest trading at 119.12 yen,” .anthy 21 / b
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