Dollar rises against the basket of major currencies



10/28/2015 08:21

In late trading, the dollar index rose 0.08% to 96.948 after it fell earlier to 96.583.

BAGHDAD / Obelisk: The dollar rose slightly on Tuesday, against the basket of major currencies, where he received the support of the weak US data and as investors awaited a statement by the Federal Reserve (the US central bank) on monetary policy.

The dollar remained strong against the euro and the pound sterling and the Swiss franc with traders ignored weak to reports from the United States showed a decline of 1.2% in durable goods orders in September and a surprise drop in consumer confidence in October.

In late trading, the dollar index rose 0.08% to 96.948 after it fell earlier to 96.583.

There is a broad consensus that the monetary policy committee of the Council would keep the interest rate unchanged near zero after the end of the two-day meeting, the Commission has nevertheless allude to the possibility of a rate hike at the December meeting.

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