Tag: dollar near
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Dollar near two-week high as Warsh boosts rate-hike bets; yen slips past 160
HONG KONG, Aug 31 : The dollar held steady near a two-week high on Monday as markets ramped up bets on a rate hike after hawkish remarks by Federal Reserve Chair Kevin Warsh, while the yen slipped back through the closely watched 160-per-dollar level. The U.S. central bank will “have work to do” if policymake
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Dollar near eight-day high as US data lifts Fed hike bets
TOKYO, August 27 : The dollar held near an eight-day high on Thursday after U.S. inflation and other economic data slightly lifted expectations of a Federal Reserve rate hike, ahead of the Jackson Hole central bankers’ symposium due to begin later in the day.Markets will also look to a speech and press confer
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Dollar near three-month low on Treasury buyback worries
Aug 21 : The dollar slipped on Friday, trading near a three-month low against the euro, as concerns mounted that the U.S. Treasury’s plan to expand buybacks of longer-dated government debt could weigh further on the U.S. currency.Treasury Secretary Scott Bessent said Thursday he may increase the government’s
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Dollar near two-month trough as US inflation data awaited
HONG KONG, Aug 10 : The U.S. dollar hovered near a two-month low against major currencies on Monday as investors awaited this week’s inflation data for clues on the Federal Reserve’s rate path.The euro edged higher to $1.1558, hovering near its strongest level since mid-June, while sterling was steady at $1.3
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Dollar near one-week high as markets grapple with Gulf tensions
HONG KONG, July 21 : The U.S. dollar hovered near a one-week high on Tuesday, with markets torn between conflicting Middle East signals, as hostilities in the region stoked renewed fears over energy supplies while hopes for a ceasefire offered some relief.Against the yen, the dollar was largely flat at 162.50
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Dollar near one-month low as cooling inflation curbs Fed hike bets
HONG KONG, July 16 : The U.S. dollar hovered near a one-month low on Thursday, as soft inflation data reinforced bets that the Federal Reserve can stay patient on interest rate hikes, while escalation in Middle East hostilities added upside risk to the inflation outlook.The greenback slipped against the Japan
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