Home

 
India Bullion iPhone Application
  Quick Links
Currency Futures Trading

MCX Strategy

Precious Metals Trading

IBCRR

Forex Brokers

Technicals

Precious Metals Trading

Economic Data

Commodity Futures Trading

Fixes

Live Forex Charts

Charts

World Gold Prices

Reports

Forex COMEX India

Contact Us

Chat

Bullion Trading Bullion Converter
 

$ Price :

 
 

Rupee :

 
 

Price in RS :

 
 
Specification
  More Links
Forex NCDEX India

Contracts

Live Gold Prices

Price Quotes

Gold Bullion Trading

Research

Forex MCX India

Partnerships

Gold Commodities

Holidays

Forex Currency Trading

Libor

Indian Currency

Advertisement

 
MY: Dollar rises sharply vs euro on US economy news
 
WASHINGTON — The dollar is rising sharply against the euro and Japanese yen on signs of strength at U.S. factories and in the broader economy.

The Federal Reserve Bank of Philadelphia says manufacturing grew in that region for the first time in three months, a sign that factories are ramping up after a slow summer.

A separate gauge of future economic activity crept upward, signaling modest growth in coming months.

A strong U.S. economy helps the dollar by boosting U.S. investments. Traders can use dollars to buy stocks and corporate bonds.

The euro, meanwhile, is suffering from uncertainty over the ability of European leaders there to solve their debt crisis.

The euro fell to $1.3704 at 10:58 a.m. Eastern time from $1.3767 late Wednesday. The dollar rose against the yen.



Source