WorthyNewsBot Posted May 17, 2017 Group: Bots Followers: 3 Topic Count: 39,879 Topics Per Day: 6.47 Content Count: 44,278 Content Per Day: 7.18 Reputation: 984 Days Won: 2 Joined: 06/06/2007 Status: Offline Share Posted May 17, 2017 (Worthy News) - The U.S. dollar index touched its lowest level since early November on Tuesday, hurt by weaker-than-expected U.S. housing data and as political turmoil in Washington raised anew concerns about the outlook for passing expected legislation. A rally in the euro was reinforced by dollar losses, prompted by reports that U.S. President Donald Trump disclosed highly sensitive intelligence information to senior Russian officials at a meeting last week. The disclosure adds to concern over the administration's chances of passing legislation, including tax reform, that has been priced in partly by financial markets. Major U.S. stock indexes remain at or near record highs, supported by the strongest earnings season for S&P 500 components since 2011. The dollar fell even after U.S. manufacturing production recording its largest increase in more than three years. [ Source ] View the full article Link to comment Share on other sites More sharing options...
other one Posted May 17, 2017 Group: Worthy Ministers Followers: 29 Topic Count: 596 Topics Per Day: 0.08 Content Count: 56,061 Content Per Day: 7.55 Reputation: 27,807 Days Won: 271 Joined: 12/29/2003 Status: Offline Share Posted May 17, 2017 when the dollar falls it has the same effect of other countries devaluing their currency..... it's not all bad. Link to comment Share on other sites More sharing options...
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