Tag: dollar
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Dollar bulls gain ground even as most FX strategists still expect weakness: Reuters poll
BENGALURU, July 1 : The U.S. dollar’s recent rebound will fade in coming months as cooling oil prices temper inflation fears and Federal Reserve rate hike bets, a majority of FX strategists said in a Reuters poll, though a sizable minority say the strength is here to stay. A brief respite from the U.S.-Isra
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Yen wallows at 40-year low as dollar rally gets yield boost
LONDON, July 1 : The dollar hit a 40-year high against the yen on Wednesday as a sharp rise in U.S. Treasury yields boosted the currency ahead of U.S. jobs data that could strengthen the case for a Federal Reserve rate hike this month.The dollar rose as high as 162.84 yen, well above levels that…
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Dollar pushes higher, yen sinks to 40-year low
NEW YORK/LONDON, June 30 : The dollar gained on Tuesday and pushed the yen to its lowest levels since 1986, heightening expectations that direct intervention from Tokyo may be near and also putting the euro under pressure.The U.S. dollar climbed to as high as 162.50 yen and was last at 162.42, up 0.3 per cent
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Stocks and oil prices rise with eyes on Iran; yen touches 40-year low vs dollar
LONDON/NEW YORK, June 29 : A global gauge of stock markets rose on Monday as investors tracked the implementation of an interim peace deal between Iran and the U.S., even as oil prices rose after tit-for-tat attacks underscored the risk of escalation. European equities ended flat but Wall Street led gains w
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Stocks and oil prices edge up with eyes on Iran; yen touches 40-year low vs dollar
LONDON/NEW YORK, June 29 : A global gauge of stock markets rose on Monday as investors tracked the implementation of an interim peace deal between Iran and the U.S., even as oil prices rose after tit-for-tat attacks underscored the risk of escalation. European equities edged lower, but Wall Street led gains
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Dollar slips, yen tumbles to 40-year low
NEW YORK, June 29 : The dollar edged lower on Monday but remained near a 13-month high, supported by optimism over U.S. economic growth, the prospect of Federal Reserve interest rate hikes, and a continuing AI-driven boom in U.S. equity markets that has been drawing in capital at a rapid pace.The Japanese yen
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Dollar set for best month in nearly a year as bulls grow confident
LONDON, June 29 : The dollar was headed for its biggest monthly gain in nearly a year on Monday, supported by the growing chances of rate rises and optimism about the U.S. economy, as investors watched developments in the Gulf ahead of a key jobs report later this week.The U.S. and Iran traded fresh attacks…
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Dollar poised for best month in nearly a year; eyes on Gulf tension, jobs data
HONG KONG, June 29 : The U.S. dollar held firm on Monday, on track for its biggest monthly gain in nearly a year, as Gulf tensions and elevated Treasury yields underpinned demand ahead of key jobs data later in the week. The U.S. and Iran traded fresh barbs over the weekend before they agreed to…
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Dollar poised for best month in nearly a year; eyes on jobs data, Gulf tension
HONG KONG, June 29 : The U.S. dollar was on the defensive on Monday but remained on track for its biggest monthly gain in nearly a year, due to tension in the Gulf and ahead of jobs data that could shape the Federal Reserve’s rate path.The U.S. and Iran traded fresh barbs over the weekend…
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Dollar declines for second straight day but set for weekly gain
NEW YORK, June 26 : The dollar fell for a second straight session on Friday as recent economic data and a drop in oil prices slightly cooled expectations for Federal Reserve rate hikes, although the yen remained in territory that left it primed for an intervention.Despite the recent declines, the greenback wa
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