Tag: cent
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Dollar hits two-week high, Middle East conflict and rate paths in focus
(Corrects milestone to ‘two-week high’, not ‘seven-week high’, in headline and first paragraph)By Stefano Rebaudo and Satoshi SugiyamaSept 2 : The dollar hit a two-week high on Wednesday as investors turned to the U.S. currency amid growing concerns about the economic impact of the energy shock and we
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Dollar hits 7-week high, Middle East conflict and rate paths in focus
Sept 2 : The dollar hit a seven-week high on Wednesday as investors turned to the U.S. currency amid growing concerns about the economic impact of the energy shock and weighed diverging monetary policy paths across major economies.The U.S. and Iran found themselves back on a war footing on Wednesday after the
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Dollar steadies near two-week high as Middle East hostilities lift oil
TOKYO, Sept 2 : The dollar held near a two-week high on Wednesday as renewed hostilities in the Middle East drove oil prices higher, reviving inflation concerns and adding upward pressure on bond yields.The dollar index, which measures the greenback against a basket of currencies including the yen and the eur
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Dollar holds firm at nearly two-week high as Middle East hostilities lift oil
TOKYO, Sept 2 : The dollar held near a two-week high on Wednesday as renewed hostilities in the Middle East drove oil prices higher, reviving inflation concerns and adding upward pressure on bond yields.The dollar index, which measures the greenback against a basket of currencies including the yen and the eur
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Dollar holds firm as Middle East hostilities lift oil
TOKYO, Sept 2 : The dollar held firm on Wednesday as renewed hostilities in the Middle East pushed oil prices higher and revived inflation concerns.The currency’s safe-haven appeal has been reinforced by rising Treasury yields and growing expectations of a Federal Reserve rate hike, even as recent economic da
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South Korea inflation quickens on one-off factor, misses expectations
SEOUL, Sept 2 : South Korea’s consumer inflation quickened in August due to low-base effects from the previous comparable period a year ago, data showed on Wednesday, but was lower than expectations.The consumer price index (CPI) rose 3.1 per cent in August from a year earlier, after climbing 2.8 per cent in
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South Korea inflation quickens on one-off factor, still lower than expected
SEOUL, Sept 2 : South Korea’s consumer inflation quickened in August on a one-off factor of low-base effects, government data showed on Wednesday, still coming in lower than expectations. The consumer price index (CPI) rose 3.1 per cent in August from a year earlier, after rising 2.8 per cent in July, accordi
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Trading Day: Over and rout
ORLANDO, Florida, Sept 1 : The global bond rout accelerated on Tuesday, with Japanese yields scaling key levels not breached for over 30 years, as investors bet that policymakers around the world will have to raise interest rates to counter sticky inflation and lax fiscal policy. Another solid rise in oil prices, fu
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Dollar gains as oil, yield increases revive inflation fears
Sept 1 : The dollar strengthened on Tuesday as renewed U.S.-Iran hostilities sent oil prices higher, fuelling inflation worries and sparking a global bond selloff.U.S. President Donald Trump threatened further strikes against Iran after the first exchange of direct attacks in a month, pushing oil prices up o
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Dollar gains as Iran tensions fuel bond selloff; yen weakens past 160 again
Sept 1 : The dollar strengthened on Tuesday as renewed U.S.-Iran hostilities fuelled inflation worries and sparked a global bond selloff, while the yen slid past 160 per dollar again despite mounting pressure on the Bank of Japan to raise rates.U.S. President Donald Trump threatened further strikes against Ir
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