Breaking News

Relative stability of the dollar price against foreign currencies – 04-05-2020

News Date: 4/5/2020 05:17:15
 

To date, no economic shocks have been announced, like those who had announced in the last month. The dollar maintains its position that it swept last week, and knows its price stability against its counterparts, despite the presence of weak differences, as the US dollar per dollar against the Japanese yen has become equal to 106.75 yen, After he ended last week’s trading – the first day of this month – at a price lower than this, it was estimated at 106.93 yen, and here a near stability appeared in his negative trend against the Japanese currency by 0.67%. As for the Canadian dollar, it quickly outperformed the dollar. The US accounted for 0.22%, as the Canadian dollar was equal to 0.71 US dollars at the beginning of the month. On the other side, the Swiss franc kept the same price against the US dollar, as it concluded last week’s trading with $ 1.04 per unit of Swiss francs, without forgetting the Australian dollar, which is slightly offset by something ! As it reached 0.64 against the US dollar, this slightly pourcentage , was stable at 0.65, and the overall decline rate was estimated at 0.028%, the same for sterling, as a unit of the latter is equal to 1.25 dollars American, and compared to last week, we find 1,26 dollars, and in turn the euro did not violate this rule ! As 1 euro is equal to $ 1.09, and when we look at trading and prices last week, it becomes clear how was the change's weakness, as it was at the price of $ 1.10. These three major currencies, whose indexes rose last week against the US dollar, are still in office.

Gold continues to fluctuate between 1706 and 1691, to reach this morning 1705.20 dollars an ounce, while silver continues to collapse to 14.98 dollars an ounce, the rate of bounce is 1.764%, while oil has known relatively recovered days ago, stormed higher Its levels are at $ 21.60 a barrel.

Currency prices are expected to stabilize in their levels, in addition to the increase in oil prices.

Latest news

Oil futures rose today, Wednesday, as crude oil futures trading for September delivery increased by 0.02%, reaching $ 41.69 a barrel, previously traded on an increase session at $ 41.73 a barrel. Oil
08-2020 05 02:46:36

The gold futures contracts for October delivery started their trading on Tuesday, with a decrease of 0.17%, to be traded at the price of 1978.15 dollars per ounce, as had been previously traded on a
08-2020 04 00:46:23

We begin the events of today with the rise he has known to gold, as a safe haven in light of economic fears and anxiety the world is living in, especially as the numbers of infection rates of Coronav
08-2020 03 05:48:16

Gold futures ended the Thursday August delivery of gold, which fell by 0.38%, to be traded at $ 1940.00 an ounce. The contracts were previously traded for a decrease and stability at the price of 193
07-2020 31 04:02:54

Crude oil futures fell 0.10% today, to reach 41.31 dollars a barrel. Crude oil futures were previously traded as low as $ 41.19 a barrel, as it is expected that oil will find support points down at $
07-2020 30 04:29:12

More News

Logs

Advertisements