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مشاهدة النسخة كاملة : مقال: الدولار يقوى على ارتفاع الاسهم، اصدارات عمالة أقوى



Ramsey
11-10-2002, Fri 12:16 PM
Currency Trading: Dollar Strengthens on Rebound By Stocks, Strong Data on Labor ---- By Tyler Lifton Dow Jones Newswires OCTOBER,11 2002 09:02 GMT

ترجمة (الفقرة 1 و2)
عودة ارتفاع مثيرة للاعجاب للأسهم الأمريكية ساعدت الدولار للارتفاع، والعملة مرة اخرى محتفظة في نطاق سعري ضيق بالرغم الحركة الدائرية لأسواق الأسهم والسندات المؤسسية.
الدولار أخذ دفعة ارتفاع من اصدارات سوق العمالة الامريكي والتي جاءت قوية، ادعاءات البطالة انخفضت بواقع 40000 الى 384000 للاسبوع المنتهي في 5 أكتوبر وهي اكثر بكثير من المتوقع على 2000 . وهي اكبر انخفاض منذ الأسبوع 4 ابريل.

NEW YORK -- An impressive rebound in U.S. equities helped the dollar to edge up, with the currency once again holding within tight ranges despite gyrations in the stock and corporate-bond markets.

Dollar sentiment got a bit of a boost from surprisingly strong U.S. labor-market data, showing jobless claims declined by 40,000 to 384,000 in the week ended Oct. 5, a much larger drop than the anticipated reduction of 2,000. It marked the biggest drop since the week of April 6.

The dollar may have also benefited somewhat from comments by European Central Bank President Wim Duisenberg -- after the ECB elected to leave its important rate, the minimum bid rate, unchanged at 3.25% -- indicating that the ECB won't cut rates anytime in the foreseeable future. The Bank of England also left its key interest rates unchanged.

But the key support factor for the dollar was, once again, the U.S. equity market. In a potentially bearish signal for the dollar, the Standard & Poor's 500-stock index fell below important support around 775 points early in New York trading, its weakest point since May 1997 and a new low for the current bear-market cycle. But stocks quickly clawed back into positive territory, with the S&P 500 ending up 3.5%, helping the dollar to post gains against all of its major rivals.

In late New York trading, the dollar was at 123.67 yen, up from 123.32 yen Wednesday. The euro was near its lows for the day at 98.51 U.S. cents, down from 99.01 cents. The dollar was at 1.4857 Swiss francs, up from 1.4791 francs. Sterling was at $1.5629, down from $1.5649.

During the afternoon, U.S. Treasury Secretary Paul O'Neill said the government cannot and should not try to lower the value of the dollar. In an interview with Dow Jones Newswires, Mr. O'Neill suggested that advocates of a lower exchange rate for the dollar, such as manufacturers, were motivated by narrow interests rather than the interests of the country as a whole. But currency markets didn't seem to take note.

The Brazilian real hit fresh record lows amid growing apprehension ahead of the Oct. 27 presidential runoff vote and a heavy slate of maturities of dollar-linked government debt and corporate external bonds next week. Late in the day, the real traded at 3.9888 reals to the dollar, down from 3.8880 reals Wednesday. The Mexican peso benefited from the rebound in U.S. equities, closing at 10.1937 pesos per dollar, up from 10.2249 pesos.