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Thank you for reading the news on the rebound of the single currency of the euro since its highest in almost two weeks against the US dollar in the first week of the week and starting with details [19659002] Dubai – Bbadam Rashed – The single currency of the European Union has fluctuated To see its rebound from the high since July 11 against the US dollar following the developments and economic data that followed Monday on the economies of the area euro and the US economy, the largest economy in the world.
At 15:35 GMT, the euro fell 0.18% to 1.1703 against the US dollar versus opening at 1.1703 after the pair hit a 1-year low. , 1687, Two weeks to 1.1750.
We followed the largest economies in the euro zone Germany The monthly report of the Federal Bank indicates that the German economy has shown an improvement in its growth rate in the second quarter and that the manufacturing sector remains the driving force of economic growth Noting that it is unlikely that wage growth will accelerate at the pace of last year.
According to the monthly report of the German Central Bank, household spending continues to support growth and public spending fell sharply early this year, despite the reference to improving the performance of the German banking sector. construction despite some obstacles. The economies of the entire euro area, the consumer confidence index, which showed a deflationary stability at the value of 1 in line with expectations, have hardly changed the reading of last month .
In another context, we followed the confirmation of French Finance Minister Lemerre that EU countries are not considering negotiating a free trade agreement before Washington eliminates it. duties on steel and aluminum imports, Explaining that there is no dispute between his country and Germany on how and when to begin trade negotiations with the United States and that both countries have agreed on the importance of the removal of tariffs by Washington.
Otherwise, the chairman of the Budget Committee of the Italian House of Representatives, Claudio Borgi, stressed that his country needed policies of economic expansion and that Italian companies wanted to reduce the tax burden on them. Borgei said last Friday that Italy would leave the European Union sooner or later, and her remarks today may explain her view of the need to leave Bla for the Union.
On the other hand, we followed the US economy to release housing data, which fell 0.6% to 5.38 million households, down 0.7% compared to 5.41 million. 0.4% to about 5.43 million homes in the previous reading for May, so the current reading is worse than the forecasts of an increase of 0.2% in about 5.44 million homes. Two weeks against the US dollar in the first week of the week on the Gulf 365 and inform you that
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