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Montag, den 24. Dezember 2007

Dollar sinkt, während Händler Vorschubzahlschnitte des überschusses wrangle

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Der US Dollar sank gegen den Euro und zerstoßene am Freitag, während Händler fortfuhren, heiß zu debattieren, ob die US Bundesreserve AusschnittZinssätze unter ökonomischer Ungewißheit fortsetzen würde.

Der Euro tauschte Hände an US$1.4378 am späten Nachmittag aus, der spät in New York, herauf von US$1.4320 am Donnerstag handelt.

Die Briten zerstoßen wurden veranschlagen an US$1.9841, herauf von US$1.9830 ein Tag früh.

Although the pound gained ground it has dropped below two dollars of late, marking its lowest levels against the US dollar since August.

The US dollar was meanwhile trading at ¥114.09, up from ¥113.09 on Thursday.

The US currency’s value has risen and fallen in the past week as traders have either bet up or discounted the odds of a fresh Fed rate cut.

The Fed has cut borrowing costs three times since September in a bid to underpin US economic momentum in the face of a prolonged housing slump, but analysts say rising inflationary pressures may soon put an end to the rate cuts.

The US Commerce Department reported earlier on Friday that a core US inflation gauge, which excludes volatile food and energy costs, bounced up an annual 2.2 percent last month, above the Fed’s comfort zone of between 1 percent and 2 percent.

In late New York trading, the US dollar stood at 1.1551 Swiss francs from SF1.1581 on Thursday.

AFP

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  • This entry was posted on Monday, December 24th, 2007 at 7:34 pm and is filed under Business . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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