{"id":38004,"date":"2020-12-02T20:44:13","date_gmt":"2020-12-02T16:44:13","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=38004"},"modified":"2020-12-02T20:44:19","modified_gmt":"2020-12-02T16:44:19","slug":"dollar-drops-to-its-lowest-price-in-two-and-a-half-years","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/dollar-drops-to-its-lowest-price-in-two-and-a-half-years\/12\/02\/market-updates\/","title":{"rendered":"Dollar Drops to Its Lowest Price in Two And a Half Years"},"content":{"rendered":"\n<p>The dollar tumbled to a new level, its lowest in two and a half years, on Wednesday, under the weight of renewed expectations for a US fiscal stimulus.<\/p>\n\n\n\n<p>The market&#8217;s appetite for risk increased, bringing the dollar to its lowest level since April 2018, due to a proposed economic stimulus package to mitigate the repercussions of the Coronavirus pandemic, which has bipartisan support unveiled Tuesday worth $ 908 billion, as well as support talks between Treasury Secretary Stephen Mnuchin and Nancy Pelosi, Chair of the Council Representatives.<\/p>\n\n\n\n<p>The euro rose 0.2%% to $ 1.2095, after earlier touching $ 1.2108, its strongest price since April 2018.<\/p>\n\n\n\n<p>The US currency rose 0.2 percent to 104.47 Japanese yen.<\/p>\n\n\n\n<p>The pound fell after news that Britain&#8217;s trade agreement with the European Union after leaving it &#8220;remains uncertain&#8221;, and the pound fell 0.7% to $1.3324.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The dollar tumbled to a new level, its lowest in two and a half years, on Wednesday, under the weight of renewed expectations for a US fiscal stimulus. The market&#8217;s appetite for risk increased, bringing the dollar to its lowest level since April 2018, due to a proposed economic stimulus package to mitigate the repercussions &hellip;<\/p>\n","protected":false},"author":9,"featured_media":32283,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6827,49,36],"tags":[7211,6877,6882],"class_list":["post-38004","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-economic-reports","category-economic-reports","category-market-updates","tag-currencies","tag-dollar","tag-forex"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/38004","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=38004"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/38004\/revisions"}],"predecessor-version":[{"id":38005,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/38004\/revisions\/38005"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32283"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=38004"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=38004"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=38004"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}