Tag: dollar
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Yen set for biggest weekly drop in over two months
July 24 : The dollar was on track for its biggest weekly gain since mid-June, buoyed by the rise in oil prices, while the yen was poised for its largest weekly percentage decline in more than two months as the currency languishes at 40-year lows despite Japan’s pledges to stabilise the currency.Verbal efforts
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World stocks head for weekly fall, yields at multi-decade highs as oil fuels inflation fears
July 24 : World stocks were headed for a weekly loss and long-dated bond yields hovered around multi-decade highs on Friday, as a near-40 per cent rise in oil prices this month due to the intensifying conflict in the Middle East ignited inflation fears and expectations for rate hikes around the globe.MSCI’s a
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Euro heads for one-week high ahead of ECB policy decision
TOKYO, July 23 : The euro rose towards a one-week high on Thursday ahead of a European Central Bank policy decision, with officials expected to keep interest rates unchanged but signal the possibility of a hike in September as rising energy prices threaten to stoke inflation. The ECB raised rates in June a
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US-Iran tensions underpin dollar as yen nears 40-year low
TOKYO, July 23 : The dollar largely stabilised on Thursday as renewed U.S.-Iran tensions kept investors on edge and underpinned demand for the safe-haven currency, while the yen languished near a 40-year low with little sign of a turnaround.The dollar index, which measures the greenback against a basket of cu
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Dollar edges lower after four-day run of gains, yen stalled near 40-year low
NEW YORK, July 22 : The dollar eased slightly from a one-week high on Wednesday after four straight daily advances, while the yen saw a modest recovery from its weakest level in nearly four decades as traders weighed the likelihood of intervention from Tokyo and the odds of faster rate hikes by the Bank of…
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Dollar dips after four-day streak of gains, yen holds near 40-year low
NEW YORK, July 22 : The dollar dipped from a one-week high on Wednesday after four straight daily advances, while the yen recovered slightly from its weakest level in nearly four decades as traders gauged the likelihood of intervention from Tokyo and the chances of faster rate hikes by the Bank of Japan.The d
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Dollar steady as investors weigh Middle East jitters against softer inflation data
BENGALURU/HONG KONG, July 21 : The U.S. dollar held steady on Tuesday as markets balanced signs of escalating tensions in the Middle East against lingering optimism from softer inflation data last week.The U.S. dollar index, which measures the currency against a basket of six peers, was largely unchanged at 1
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Dollar softens as investors weigh Middle East jitters against inflation data
BENGALURU/HONG KONG, July 21 : The U.S. dollar ticked lower on Tuesday as markets balanced conflicting signals from the Middle East against lingering optimism from softer inflation data last week.The euro rose 0.09 per cent against the dollar to $1.1424 while the yen declined 0.09 per cent against the dollar
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Dollar wavers as markets grapple with Gulf tensions
(Refiles to fix typo of wavers in headline)By Jiaxing LiHONG 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 so
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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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