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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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Dollar falls for second straight day but poised for weekly gain
NEW YORK, June 26 : The dollar slipped for a second straight session on Friday as recent economic data and a drop in oil prices 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 was stil
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Resilient dollar slips, markets still wary of yen intervention risk
LONDON, June 26 : The dollar slipped against most other major currencies on Friday as Federal Reserve rate hike bets were tempered a touch by the latest economic data and falling oil prices, allowing the yen — trading in an intervention danger zone — to find firmer ground.The greenback was still poised to
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Stocks slip as Apple price hikes fan tech jitters, oil slides
LONDON/SYDNEY, June 26 : Global stocks slipped on Friday after Apple price hikes fuelled wider concerns over the inflationary impact of spending by tech giants, while oil prices dropped towards their lowest in four months despite difficulties reopening the Strait of Hormuz.Apple fell 6 per cent on Thursday af
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Resilient dollar takes a step back, markets still wary of yen intervention risk
LONDON, June 26 : The dollar was a touch softer against other major currencies on Friday as fresh economic data and Federal Reserve comments led markets to pare rate-hike bets, allowing the yen — trading in an intervention danger zone — to find firmer ground.The greenback was still poised to end the week
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Asia shares retreat as Apple price hikes rain on chip parade
SYDNEY, June 26 : Asian shares pulled back on Friday after a stellar quarter, as Apple’s hefty price hikes revealed the downside of booming chip demand, while the threat of Japanese intervention kept the yen from hitting 40-year lows. Oil prices fell toward their lowest in fourth months, with Brent crude fut
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Asia shares retreat from record as Apple price hikes rain on chip parade
SYDNEY, June 26 : Asian shares pulled back on Friday after a stellar quarter, as Apple’s hefty price hikes revealed the downside of booming chip demand, while the threat of Japanese intervention kept the yen from hitting 40-year lows. Oil prices fell toward their lowest in fourth months, with Brent crude fut
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Asian shares fall as Apple’s price hikes dents tech optimism
SYDNEY, June 26 : Asian shares eased from record highs on Friday as hefty price hikes from Apple showed the downside of the boom in chip demand, while only the threat of Japanese intervention kept the yen from hitting 40-year lows. Brent crude futures slipped 0.5 per cent to $74.89 a barrel, having bounced 2
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Core inflation in Tokyo accelerates as energy-driven price pressures begin to broaden
TOKYO, June 26 : Annual core inflation in Japan’s capital accelerated in June, data showed on Friday, a sign of broadening price pressures from the Middle East conflict that keeps the central bank on track to consider further raise interest rates.”The impact of the Middle East situation is spreading primarily
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Core inflation in Tokyo stays below BOJ target for fifth month
TOKYO, June 26 : Annual core inflation in Japan’s capital accelerated in June, data showed on Friday, a sign of broadening price pressures from the Middle East conflict.The data will be among the factors the Bank of Japan will scrutinise at next month’s policy meeting, when the board will conduct a quarterly
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