Tag: cent
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Dollar set for biggest weekly drop since April as soft jobs data blunts Fed hike bets
LONDON, July 3 : The U.S. dollar was heading towards its biggest weekly loss in 12 weeks on Friday after a tepid U.S. jobs report cooled market expectations for a near-term Federal Reserve interest rate hike, providing some relief for the embattled Japanese yen. Broad dollar weakness lifted the euro to near
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Dollar heads for biggest weekly drop since April as jobs data dims Fed hike bets
LONDON, July 3 : The U.S. dollar fell towards its biggest weekly loss in 12 weeks on Friday after a tepid U.S. jobs report cooled market expectations for a near-term Federal Reserve interest rate hike, providing some relief for the embattled Japanese yen. Broad dollar weakness lifted the euro to near a two-w
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Thai exports seen up 8% to 10% this year, shippers’ group says
BANGKOK, July 3 : Thailand’s exports are expected to rise by 8 per cent to 10 per cent this year, a shippers’ group said on Friday, raising its forecast from a rise of 2 per cent to 4 per cent made in January.• Exports are expected to continue growing in the second half of 2026,…
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Dollar heads for weekly drop as jobs data dims Fed hike bets
HONG KONG, July 3 : The U.S. dollar was on track for the biggest weekly drop in nearly three months on Friday, after a tepid June jobs report pushed back markets expectations for Fed rate hikes, providing some relief for the embattled yen. Softness in the greenback continued in early Asian trade, with the eur
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UK’s Currys warns memory chip shortage will push up prices
LONDON, July 2 : Higher prices for smartphones, laptops and other electronics are inevitable later this year due to a global memory chip shortage, the boss of Currys, Britain’s biggest consumer electricals retailer, warned on Thursday.Chief Executive Alex Baldock said AI and data centres were eating up the wo
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Dollar steady ahead of US payrolls, yen intervention jitters persist
TOKYO, July 2 : The dollar held tight ranges on Thursday as markets awaited key U.S. jobs data for clues on the rates outlook, while the yen’s slide to 40-year lows against the greenback and thin trade ahead of a U.S. holiday kept traders on high alert for intervention.The dollar index, which measures the gre
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Dollar steady as focus turns to US payrolls, yen intervention jitters persist
TOKYO, July 2 : The dollar held steady on Thursday as markets awaited key U.S. non-farm payrolls data, while the yen’s slide to 40-year lows against the greenback and thin trading ahead of a U.S. holiday kept traders on high alert for intervention.The dollar index, which measures the greenback against a baske
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Bridgewater’s flagship macro fund gains 8.1% in first half amid market volatility, sources say
NEW YORK, July 1 : Bridgewater Associates’ flagship Pure Alpha macro fund posted a gain of 8.1 per cent after braving a volatile market backdrop during the first half of the year, people familiar with the matter said on Wednesday. Top hedge funds have grappled with turbulence in financial markets this year o
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Dollar fades as Fed’s Warsh softens inflation tone
NEW YORK, July 1 : The dollar pared earlier gains on Wednesday after Federal Reserve Chair Kevin Warsh said that inflation expectations and inflation risks have eased in recent weeks, ahead of a closely watched jobs report due on Thursday. The Japanese yen, which had earlier slumped to a 40-year low against
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World stocks pause after rally as focus turns to Warsh
MILAN, July 1 : World stocks edged lower on the first day of the third quarter on Wednesday after a strong rally, as investors awaited remarks from Fed Chair Kevin Warsh, while softer euro zone inflation cooled bets on further interest rate hikes.Oil prices stayed near pre-war levels as investors weighed sign
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