The dollar crept off five-week lows on Tuesday, as investors weighed the case for a September rate cut after comments by Fed Chair Jerome Powell. The dollar index , which measures the US unit against six peers, was at 104.3. The euro was at USD 1.0893, just shy of a four-month high touched on Monday, having erased all of the losses of the past few weeks. The yen was last down 0.4 percent at 158.64 to the dollar and was weaker across other crosses. Sterling was little changed at USD 1.29625. The Australian dollar was 0.27 percent lower at USD 0.6741. The New Zealand dollar eased 0.17 percent to USD 0.6064, hitting a two-week low ahead of inflation data due on Wednesday. Source: Qatar News Agency
Related Posts
MCIT Qatar Participates in the International Technical Conference “LEAP 23” in Riyadh with the Participation of 10 Incubated Companies
The Ministry of Communications and Information Technology of the State of Qatar (MCIT Qatar) participated in the second edition of the International Technical Conference “LEAP 23” organized by the Ministry of Communications and Information Technology o…
Turkish Exports Achieve More than $125 billion in First Half of 2024
The total value of Turkish exports increased during the first half of this year, reaching $125.4 billion, an increase of 2 percent, compared to the same period last year.
The Turkish Exporters Union said, in a statement on Wednesday, that the value o…
Ministry of Finance Organizes Transition to Program, Performance Budget Workshop
Doha: The Ministry of Finance, represented by the General Budget Department, in cooperation with Qatar University, organized the second phase of the ‘Transition to Program and Performance Budget’ workshops, dedicated to governmental and semi-governmen…