he dollar Weakening and continuing the downward trend of the past few weeks. However, it is still on track to post a weekly high Amid expectations of another rate hike from the Federal Reserve after the release of strong employment data.
The weekly jobless claims data was released last Friday, which fell more than expected. This indicates continued resistance in the labor market.
Initial claims for state unemployment benefits fell by 11,000 to a seasonally adjusted 239,000 for the week ending Aug. 12, reversing half of the increase in the previous week, according to the Labor Department. A strong labor market gives the Federal Reserve More room to continue raising interest rates.
The strong jobs data also came after minutes from the Fed’s July meeting showed most policymakers support higher rates to rein in sticky inflation. The US central bank’s goal is to slow inflation to 2%..
According to Federal Reserve Chairman Jerome Powell, The next monetary policy decision will depend on all economic data To be shared before the next meeting, which is scheduled for September 19 and 20.
The price of the dollar today, August 19: the exchange rate in Honduras, Mexico, Guatemala and Nicaragua …
According to the update at 23:00 PM ET, Dollar Index (DXY)which measures the value of the dollar relative to a basket of six major currencies, It decreased by 0.14%, and is trading at 103.43 unitsaccording Investing.comone of the most important financing portals.
On the other hand, this is a Dollar exchange rate in Mexico, Honduras, Guatemala, Nicaragua and Costa Rica:
This is how he found it The exchange rate in terms of buying and selling in major banks and financial institutions:
you buy
sale
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