In New York, the dollar dropped to a mark of 95 yen - 7 June 2013 - Japan

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In New York, the dollar dropped to a mark of 95 yen
23:19
On Thursday in New York, the U.S. dollar at one point fell to a level of 95 yen. For the first time in about six weeks the dollar has gone down to the mark.

On the New York foreign exchange market dealers have stepped up selling dollars and buying yen before the announcement on Friday of data on U.S. employment. Many dealers intend to use these statistics to predict whether the Federal Reserve to reduce the scale of their fiscal policy easing.

Another factor more active dollar sales was a press conference held on Thursday, European Central Bank President Mario Draghi. He did not say anything specific about additional easing credit, thereby encouraging the purchase and sale of euro dollar.

Source: NHK
Views: 1542 | Added by: vladgon | Tags: Yen, European Central Bank, new york, Finance, usa, Decline, currency, the Fed | Rating: 0.0/0 |
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