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Dollar near its lowest level in three and a half years by the Chinese data
2015/10/14
dollar plummeted on Wednesday, near its lowest level in three and a half years against a basket of currencies.
Where reinforced a new sign of the weakness of China's economy, expectations that the Federal Reserve (the US central bank) will slow considerably before making a decision to raise interest rates.
The Australian dollar remained below the highest levels recorded during the two months after the descent of inflation in China Opinion data reinforced that the second largest economy the country is slowing.
showed the Chinese price data consumer price inflation rates more than expected to fall to 1.6 percent in September, a rate below market expectations of 1.8 percent compared to two percent in August. The data came after the release of other data showed a decline Chinese imports 20 percent in September, which is likely to economic picture in China has become blurred and will be an element limits the ability of the Federal Reserve to raise interest rates Alomrakih.anthy
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2015/10/14
dollar plummeted on Wednesday, near its lowest level in three and a half years against a basket of currencies.
Where reinforced a new sign of the weakness of China's economy, expectations that the Federal Reserve (the US central bank) will slow considerably before making a decision to raise interest rates.
The Australian dollar remained below the highest levels recorded during the two months after the descent of inflation in China Opinion data reinforced that the second largest economy the country is slowing.
showed the Chinese price data consumer price inflation rates more than expected to fall to 1.6 percent in September, a rate below market expectations of 1.8 percent compared to two percent in August. The data came after the release of other data showed a decline Chinese imports 20 percent in September, which is likely to economic picture in China has become blurred and will be an element limits the ability of the Federal Reserve to raise interest rates Alomrakih.anthy
[You must be registered and logged in to see this link.]
