Money and business

2% fell to the euro .. The dollar losses are accelerating due to the trade war

The dollar losses continued on Thursday to reach a decline against 2%, and it also recorded its lowest level against more than 10 years.
At about 15.05 GMT, the dollar fell by 2.00% against the European Unified currency, to reach $ 1,1173.
The dollar fell against the Swiss currency by 2.80% to 0,8329 Swiss francs, shortly at its lowest level since January 2015 at 0,8327 Swiss francs.

American stocks decline

American stocks retreated at the beginning of Thursday’s trading from their historical gains yesterday, as the American Stock Exchange believes that the global trade war that has seen its severity is still threatening the economy.

The “Standard & Poor’s 500” index fell by 2.3% after its increase yesterday by 9.5% in the wake of US President Donald Trump’s announcement yesterday to suspend the application of new customs duties for a period of 90 days.
The Dow Jones Industrial Index also decreased by 685 points, and the Nasdak Synod index fell by 2.9%.

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