Tag: dollar
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Dollar holds steady as US-Iran tensions and inflation data loom
TOKYO, June 10 : The dollar held steady against its peers on Wednesday as markets remained on edge over the latest clash between the U.S. and Iran, while investors awaited key U.S. inflation data for clues on the Federal Reserve’s rate path.The U.S. military struck Iranian targets after President Donald Tru
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Dollar steadies following US strikes on Iran and ahead of inflation data
TOKYO, June 10 : The dollar held steady against major peers on Wednesday after the United States launched strikes against Iran, while investors awaited key U.S. inflation data for clues on the Federal Reserve’s policy path.The U.S. military on Tuesday launched strikes against Iran after President Donald Trump
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Dollar eases on fragile Israel-Iran truce; US inflation data in view
NEW YORK, June 9 : The dollar fell against major peers on Tuesday as a fragile ceasefire between Israel and Iran held and investors looked ahead to key U.S. data later in the week.The greenback tends to weaken against the euro and yen when tensions in the Middle East ease, as prospects for a peace…
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Dollar eases as Middle East hopes outweigh prospects of higher US rates
June 9 : The U.S. dollar fell on Tuesday, as hopes for a deal to reopen the Strait of Hormuz outweighed expectations of higher U.S. interest rates ahead of fresh U.S. data later this week.The U.S. economy is relatively insulated from energy shocks compared to other countries, which is one of the reasons why i
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Dollar eases as investors weigh Middle East hopes, rate outlook
June 9 : The U.S. dollar edged lower on Tuesday, as investors weighed hopes for a deal to reopen the Strait of Hormuz against expectations of higher U.S. interest rates following strong jobs data late last week.The U.S. economy is relatively insulated from energy shocks compared to other countries, which is o
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Dollar eases as Iran and Israel agree to halt strikes
NEW YORK/LONDON, June 8 : The dollar eased on Monday but hovered near its highest level in nearly two months, after Iran and Israel agreed to halt attacks on each other following an appeal by U.S. President Donald Trump.The pause in strikes by both Iran and Israel lured investors into other currencies that ha
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Dollar falls from highs after Iran halts Israel strikes; yen clings to 160/$
NEW YORK/LONDON, June 8 : The dollar pulled back on Monday from its highest level in nearly two months, after Iran said its attacks on Israel had ended.Tehran’s comments lured investors into other currencies that had been dented after strong U.S. jobs data on Friday prompted traders to ramp up bets on a Feder
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Yen hits key 160 level for third session, dollar buoyed by Gulf woes
HONG KONG, June 5 : The Japanese yen is testing the 160 barrier on Friday, prompting pushback from Japanese officials, while the U.S. dollar is on track for a weekly gain as Gulf tensions fuel safe-haven flows.The yen weakened to the critical 160-per-dollar mark briefly in early trades, hitting the level for
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Dollar slips from two-month high amid Iran talks, yen trades near 160
HONG KONG, June 4 : The dollar slipped from a two-month high on Thursday as optimism rose about a ceasefire in Lebanon, while markets were alert to the possibility of intervention as the Japanese yen hovered near the key 160 level.Lebanese President Joseph Aoun said on Thursday that the ceasefire would come i
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Dollar at two-month high as Gulf hostilities flare, yen near intervention zone
HONG KONG, June 4 : The dollar traded near a two-month high on Thursday as renewed Gulf hostilities sapped risk appetite, while traders were alert to the possibility of intervention as the Japanese yen hovered near the key 160 level.Iranian attacks on Kuwait damaged its airport and injured dozens on Wednesday
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