MOVEMENT DOLLAR
Obama: The strengthening of the dollar caused problems
PARIS. One of the French high-ranking officials who knew the details of the matter said, in negotiations with countries who gathered in the Group of 7 (G7), US President Barack Obama said that the strengthening of the dollar is a problem.
Obama assesses, Greco-including geopolitical risks create volatility in the financial markets. Conditions that will have an impact on interest rates and currencies. In that context, Obama continued, the strengthening of the dollar pose a problem.
Post Obama's statement, the dollar weakened after earlier rose against the euro and against the yen cluck of the most powerful positions in the last 13 years.
Record, at 8:16 pm London time, the dollar fell 0.4% to US $ 1.1156 per euro. The green also fell 0.3% to 125.20 yen.
Obama: The strengthening of the dollar caused problems
PARIS. One of the French high-ranking officials who knew the details of the matter said, in negotiations with countries who gathered in the Group of 7 (G7), US President Barack Obama said that the strengthening of the dollar is a problem.
Obama assesses, Greco-including geopolitical risks create volatility in the financial markets. Conditions that will have an impact on interest rates and currencies. In that context, Obama continued, the strengthening of the dollar pose a problem.
Post Obama's statement, the dollar weakened after earlier rose against the euro and against the yen cluck of the most powerful positions in the last 13 years.
Record, at 8:16 pm London time, the dollar fell 0.4% to US $ 1.1156 per euro. The green also fell 0.3% to 125.20 yen.
When asked to comment on Obama's statement, White House spokesman gave no details at all.
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