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Category: fourmonth

  • Dollar hits four-month low as weak US jobs data boosts rate cut bets By Reuters

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    Investor Empires

    By Karen Brittl NEW YORK (Reuters) – The U.S. dollar fell to a four-month low on Friday after a weaker-than-expected July employment report raised expectations the Federal Reserve will cut interest rates by 50 basis points in September as the economy deteriorates. Employers added 114,000 jobs, missing expectations for a…

  • Gaza optimism lifts shekel to four-month strongest against dollar

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    Investor Empires

    A report in the Washington Post about the possibility of a ceasefire in Gaza sent the shekel soaring and pushed the Tel Aviv Stock Exchange to near record levels. The shekel rose today against the US dollar and the euro. In late morning interbank trading, the shekel fell against the…

  • Bitcoin slides to four-month lows, ether sinks 8% By Reuters

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    Investor Empires

    SINGAPORE (Reuters) – Bitcoin fell to a four-month low on Friday and was on track for its worst weekly performance in a year, hurt by uncertainty over whether Joe Biden will remain the Democratic Party’s nominee for U.S. president and concerns about potential increases in the supply of cryptocurrencies. Bitcoin…