Dollar falls against a significant rise of the euro and gold
Dollar falls against a significant rise of the euro and gold
Wednesday, March 25, 2015 18:31
BAGHDAD / follow Baghdadi News / .. after Iqbal some traders to liquidate long positions in light of the possibility that the US Federal Reserve’s policy soft in the near term. And increased dollar losses against the euro after the statement issued by the Fed in 18 this pointed to a timetable less expedite to raise interest rates.
The euro continued to rise against the dollar despite the European Central Bank President Mario Draghi’s comments about the bank’s plan to buy bonds, which diminished its impact on the euro. 1.3 percent in the euro climbed to $ 1.09650, not far from its highest level in nearly two weeks of $ 1.10625, which struck last week. The dollar fell 0.24 percent against the Japanese currency to 119.750 yen, also fell 1.2 percent against the Swiss franc to .96460 francs, while the dollar index fell 1.07 percent to 96.860.
Gold rose to its highest level in two and a half week Tuesday heading towards gains for the fifth straight session, thanks to the weakness of the dollar on growing expectations postpone raising interest rates in the United States to September (September). The price of gold rose in the spot trading to its highest level since the current 6 at $ 1194.80 an ounce, before the record of $ 1193.90 .anthy 21 / l
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