Deadly Collision Claims 67 Lives in U.S. Air Disaster | At Least 30 Dead and Many Injured in Stampede at Maha Kumbh Mela in India |
Deadly Collision Claims 67 Lives in U.S. Air Disaster | At Least 30 Dead and Many Injured in Stampede at Maha Kumbh Mela in India |
Deadly Collision Claims 67 Lives in U.S. Air Disaster | At Least 30 Dead and Many Injured in Stampede at Maha Kumbh Mela in India |

FINANCE Thursday 7th July

  • Posted Jul 7, 2022 14:05 by Anthony Ellis
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PHNOM PENH: The CSX Index is currently at 486.18 Points down 0.93 Points or 0.19%

National bank of Cambodia Daily Exchange Rate is 4,077KHR to the USD$

DOLLAR GAINS, EURO FALLS AS ENERGY DRIVES CURRENCY SWINGS.

The dollar rose to fresh 20-year highs on Wednesday and the euro tumbled to a new two-decade low as rising energy prices cast a long shadow over the euro zone's economy but bolstered the U.S. currency's safe-haven appeal.

The dollar and euro were little changed after the release of minutes from the Federal Reserve's meeting in June, when the U.S. central bank hiked interest rates by an outsized 75 basis points in an effort to corral inflation.

Earlier, the dollar index, which tracks the greenback against six currencies, shot above 107 while the euro tumbled below $1.02, both levels last seen in December 2002. The index is up 12% year to date and is set for its best year since 2014.

The dollar index rose 0.498% to 107.04, with the euro down 0.8% to $1.0184. The index hit a high of 107.27 and the euro slipped 1% to a low of $1.063 earlier.

According to preliminary data, the S&P 500 gained 14.08 points, or 0.37%, to end at 3,845.47 points, while the Nasdaq Composite gained 39.96 points, or 0.35%, to 11,362.20. The Dow Jones Industrial Average .DJI rose 68.41 points, or 0.22%, to 31,036.23.

Bitcoin last 1.2% to $20,409.69.

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