Dollar rises .. and all eyes are on the US jobs report 02/10/2015
Dollar rises .. and all eyes are on the US jobs report
BAGHDAD - and babysit - The dollar rose on Friday, ahead of the US jobs report, which may boost expectations that the Federal Reserve raises (US central bank) interest rates this year for the first time in about ten years.
Since the Fed refrained from raising interest rates in September, the dollar rose 2.5 percent against the basket of major currencies while keeping Janet Yellen President of the Council and other policy-makers on the chances of a rate hike later this year.
The dollar index rose 0.2 percent to 96.287 today. The euro fell 0.3 percent to $ 1.1160.
Thus, the euro tends to decline for the third consecutive week against the dollar in the worst losses in his eight months of his Balemrahnat that the European Central Bank will expand in its bond buying program the $ trillion euros and the return of risk appetite.