The dollar rebounded to pare some of its recent losses on Friday, as slumping stocks and violence in Egypt helped boost the greenback’s safe haven appeal.
Traders shrugged off a mixed bag of economic data from the U.S., including a government report showing slower than expected GDP growth in the fourth quarter.
The dollar rose to $1.3600 versus the euro, moving away from yesterday’s 2-month low of $1.3757.
Late morning gains took the dollar to within a hair of parity versus its petro-linked Canadian counterpart, even as the price of oil jumped on supply concerns.
At the same time, the buck improved to $1.5840 compared to $1.5975 earlier today.
However, Japan’s yen garnered the most safe haven interest, causing the buck to slip back to Y82 from Y83.
Egypt’s army has been called in to downtown Cairo to quell protests aimed at replacing the nation’s political leadership. Its is feared that civil unrest could spread elsewhere in the Arab world, destabilizing the oil-rich Middle East.
Here in the U.S., the economy grew at a 3.2 percent annual rate in the final three months of 2010, the Commerce Department said, after expanding at a 2.6 percent pace in the third quarter. Economists expected the economy to grow between 3.5 and 3.7 percent.
Consumer spending in the world’s largest economy rose the most in four years, but the increase gross domestic product failed to generate enough jobs to improve the jobs situation.
Meanwhile, a reading of consumer sentiment fell from December, but was stronger than analysts expected.
The Reuters and the University of Michigan consumer sentiment index for January was upwardly revised to 74.2 from the preliminary reading of 72.7. The index is well above expectations for a reading of 73.0 but is still just below the December reading of 74.5.
And those industry is out that there. Ought to a photography techniques very reputed and recognized company in the markets.
Remember, this can be an auction site and most of the time, the lowest bidder is victorious.
I am really loving the theme/design of your blog.
Do you ever run into any web browser compatibility issues?
A handful of my blog audience have complained about my blog not operating correctly in Explorer but looks great
in Chrome. Do you have any advice to help fix this problem?
Questions To Ask Your Wedding Photographer Before Sign The Contract
You will hear all about them, I assure you.
Outstanding quest there. What occurred after?
Thanks!
Candlelight Photography – Candles In Photos Basic Concepts
When making or gifting jewelry, make each piece much more significant
by selecting stones, beads, and colors that communicate totally
different feelings. Green gems like jade and emeralds characterize
progress and vitality, which makes them perfect items for expectant
moms, newlyweds, or perhaps friends who’re particularly active in eco-friendly existence and initiatives.
This necklace was supplied free of cost for overview. All content material is mine and
opinions are 100% trustworthy.
Hey there! Do you use Twitter? I’d like to follow youu if that would be ok.
I’m absolutely enjoying your blog and look forward to
neew posts.
Hi there every one, here every one is sharing these kinds of experience, thus it’s fastidious to read this web
site, and I used to pay a visit this webpage all the time.
Phones are a person of the best sources of communication. It was raw and gritty plus it doesn’t
f***ing overpowered. Random photography denotes that nevertheless no order or
mode.
Interesting blog! Is your theme custom made or did you download itt from somewhere?
A theme like yours with a few simple tweeks would really make my blog
shine. Pledase lett me know where you got your theme. Thanks a lot