The
single currency for the euro zone fell against the US dollar during the
American trading session on Friday to check its lowest level since
September / September 2003 the center to raise the reference short-term
interest rates investors are pricing by the Fed later this year in
conjunction with the disease of the European Central Bank in the bond-buying program early next week.
Promptly at 9:42 pm are GMT euro versus the US dollar showed a decline
to 1.0857 levels compared with the opening levels at 1.0858 after the
pair achieved the lowest level during the day at 1.0842 and a high of
1.1033.
This
was followed on the economics of the euro slowdown in industrial
production growth in Germany, the largest economies in the region area
during January compatible with expectations in addition to the initial
reading of the gross domestic product, which showed growth of 0.3%
almost unchanged from the previous reading and expectations hours after
installation of Mario Draghi price benchmark interest rate at 0.05% and Oarabh for our audit
in the purchase of subsidized euros in annual market government bonds
on the ninth of March / March by 60 billion per month until the end of
September / September 2016.
On
the other hand we have been following for the US economy is rising read
the change in the functions of the sectors except agricultural for the
month of February for about 295 thousand jobs added compared to 239
thousand jobs added during January, to seeing decreased rates of
unemployment during the same month to 5.5% indicating lows In seven years, compared with 5.7% in the previous reading, while the
profitability index in the annual time rose by 2% below expectations and
previous reading at the rate of 2.2% in January / January
It
is worth mentioning that the number of jobs added in the past month has
surpassed the level of 200 thousand and functional for 12 months,
respectively, indicating the longest series of the rise since 1995,
while the US economy 3.1 million jobs in 2014, its highest level since
15, but the slowdown in the index growth profitability,
which is a measure of the evolution of wages in the United States still
limit the capabilities of the household sector spending and weigh on
the pace of growth of inflationary pressures, respectively.
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