Dollar stabilizes, high-risk currencies rise thanks to OPEC's hopes
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Dollar stabilizes, high-risk currencies rise thanks to OPEC's hopes
Dollar stabilizes, high-risk currencies rise thanks to OPEC's hopes
09/04/2020

09/04/2020

The Economy News - Baghdad
The dollar stabilized, Thursday, after fluctuations caused by the Corona virus pandemic, but some selling pressure may remain as it is expected to show unemployment data in the United States will be issued later on Thursday, the rise in unemployment benefits near a record level.
Economists expect that the weekly jobless claims will reach 5.25 million, which means that within just three weeks, applications totaled 15 million. But despite largely negative expectations, analysts say a significant global downturn is now largely taken into account by the markets.
US second-quarter GDP growth forecasts range from 9.5 percent from UPS to an annual contraction of 42 percent for Nomura.
The dollar was steady against the major currencies ahead of the US unemployment data, due at 1230 GMT. The dollar rose nearly nine percent from the ninth of March to the twentieth of the same month, surpassing the highest level in three years before falling about three percent to 100.05.
The US currency was also stable against the Euro and the Japanese Yen.
The commodities exposed were among the few winners due to expectations that the world's major oil producers will cut production at an OPEC + meeting later on Thursday. The G20 energy ministers are also scheduled to hold a videoconference on Friday.
The Norwegian Kroner and the South African Rand, which were negatively affected by selling in the market in March, boosted the weekly gains, rising 0.3 percent and 0.7 percent, respectively.
claud39- VIP NewsHound
- Posts : 17022
Join date : 2018-11-04
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
» Representative economy: Parliament will issue recommendations regarding the exchange rate of the dollar in the 2021 budget
» The US Embassy: Allocating $ 20 million to support Baghdad in securing the Green Zone
» Basra is discussing with Italian companies to develop the infrastructure in the province
» Dave Schmidt (Meta 1 Coin Scam) Final Judgement Pending
» Currency 365 VIDEO -- Iraqi Banks Tired of Hoarding Dinar Citizens
» COFFEE WITH MARKZ - Video and Transcript -- Jan 22 2021
» The central bank’s sales increased By more than one million dollars
» Bruce says -- not to worry about the rates don’t sweat it – they are going to be very - very good.
» MarkZ says -- they are still pushing for a 1 to 1 rate.around the 27th we may see some serious changes to our economic system
» MilitiaMan claims -- They are in the process of gathering the large notes off the street. The more they get the better it may be for supporting the new rate
» The suicide attack in Baghdad reveals security flaws
» Austin confirmed as nation’s first African American defense secretary
» HIS EXCELLENCY DR. ABDULRAHMAN BIN ABDULLAH AL-HAMIDI, DIRECTOR GENERAL, CHAIRMAN OF THE BOARD OF DIRECTORS OF THE ARAB MONETARY FUND, SPEAKS AT THE OPENING OF THE WORKS OF THE SIXTH MEETING OF THE ARAB FINANCE MINISTRIES' AGENTS
» US already in Iran deal talks, officials met in New York - report
» Kaperoni: "the exchange rate of the dollar against the dinar will remain high over the next few years" 1/20/21
» MilitiaMan: "I highly doubt they came this far to go into a private or market economy at less than a program rate of 1460" 1/21/21
» Adam Montana: "We have some optimism on the Budget side" 1/20/21
» Walkingstick and Frank26: "We believe they brought in another 40 Trillion 3 zero notes" 1/20/21
» MarkZ: "Not much news on the RV front" (DUH!!!) 1/21/21
» The Big Call w/ BS Bruce - Intel Highlights - Big Bold Lies 1/19/21
» FLEMING: ¨CONFIRMATIONS¨ 1/21/21
» Mnt Goat News Brief - (Guru Portion Only) 1/21/21
» Mnt Goat News Brief - (Guru Portion Only) 1/19/21
» Parliamentary Finance: How to impose taxes on retirees while they have already paid them with service
» The National Investment Commission holds a workshop on corporate governance and activating the role of the private sector
» Parliamentary Finance examines the allocations of three ministries in the budget
» A slight increase in the exchange rates of the dollar against the Iraqi dinar 1/21/21
» NATO condemns the "Baghdad bombing" and affirms its commitment to support Iraq in the fight against terrorism
» Resolving the budget is approaching .. Expectations to vote within days
» Oil Parliament reveals the completion of the legal drafting of the oil and gas law
» The Executive Director of the Stock Exchange, Taha Abdel-Salam, told «Economy News»: We will launch online trading for investors during the current year
» The President of the Republic congratulates Joe Biden on his inauguration as President of the United States of America
» Zain Iraq announces its readiness to launch the most powerful fourth generation service across the country
» Credit rating .. Iraq is among the countries with the highest risk
» Parliament: The Government Won At Least 12 Trillion Dinars From Its Decision To Raise The Price Of The Dollar
» Parliamentary Finance: The budget will be ready next week
» Rafidain Bank announces the launch of loans of all kinds
» The Central Bank cancels two previous decisions pertaining to the Sharia Committee in Islamic Banks
» It’s All Coming To An End, [CB] Tries To Push Forward, But Fails