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Dollar falls to lowest level in seven weeks by Chinese data
10.15.2015
The dollar fell to its lowest level in seven weeks against a basket of currencies due to new signs of slowing growth in the United States and China, raising doubts in to raise the Fed (the US central bank) interest rates later this year.
It raised US stocks fell in late transactions wave of selling in the US currency to record its largest decline in a single day over the seven and a half weeks.
Data largest economies in the world and refers to a contraction of price pressure due to falling domestic demand as the US retail prices have increased only 0.1 percent and dropped 1.1 percent the prices producers.
The dollar index 0.95 percent to 93.863 after hitting earlier its lowest level in seven weeks at 93.845.
Against the yen, the dollar scored the lowest price in a week and a half fell 0.8 percent to 118.75 yen.
The euro reached its highest level in seven weeks against the dollar and rose in the latest price: about one percent to $ 1.1487.
Earlier, Chinese data showed a slowdown Tdkhhm consumer prices to 1.6 percent on an annual basis in September, while the expected rate of 1.8 percent and the ratio recorded in August of two percent.
The Australian dollar rose, which is seen as an investment tool for exposure to the Chinese economy 0.8 percent to US $ 0.7305 to erase the Asian transactions resulting from the loss of Chinese numbers.
The pound climbed to the strongest level against the dollar in three weeks thanks to strong employment data. The British currency rose 1.6 percent to $ 1.5492. It ended 29 quarters e
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10.15.2015
The dollar fell to its lowest level in seven weeks against a basket of currencies due to new signs of slowing growth in the United States and China, raising doubts in to raise the Fed (the US central bank) interest rates later this year.
It raised US stocks fell in late transactions wave of selling in the US currency to record its largest decline in a single day over the seven and a half weeks.
Data largest economies in the world and refers to a contraction of price pressure due to falling domestic demand as the US retail prices have increased only 0.1 percent and dropped 1.1 percent the prices producers.
The dollar index 0.95 percent to 93.863 after hitting earlier its lowest level in seven weeks at 93.845.
Against the yen, the dollar scored the lowest price in a week and a half fell 0.8 percent to 118.75 yen.
The euro reached its highest level in seven weeks against the dollar and rose in the latest price: about one percent to $ 1.1487.
Earlier, Chinese data showed a slowdown Tdkhhm consumer prices to 1.6 percent on an annual basis in September, while the expected rate of 1.8 percent and the ratio recorded in August of two percent.
The Australian dollar rose, which is seen as an investment tool for exposure to the Chinese economy 0.8 percent to US $ 0.7305 to erase the Asian transactions resulting from the loss of Chinese numbers.
The pound climbed to the strongest level against the dollar in three weeks thanks to strong employment data. The British currency rose 1.6 percent to $ 1.5492. It ended 29 quarters e
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