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Asia FX weakens as M.East tensions, rate fears put dollar at over 5-mth high By Investing.com
Investing.com– Most Asian currencies weakened on Tuesday, while the dollar rose to over five-month highs amid rising geopolitical tensions between Iran and Israel and increased bets on higher-for-longer U.S. interest rates. Stronger-than-expected Chinese gross domestic…
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Bitcoin down by 7.9% to $61,842
Bitcoin down by 7.9% to $61,842 Source link
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US dollar modestly higher as sticky inflation persists, yen hits 34-year low By Reuters
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar rose moderately on Thursday in choppy trading, as weaker-than-expected March U.S. producer prices did not relieve concerns about persistent inflation which has reinforced the belief that the…
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Higher oil prices support the U.S. dollar, says BofA By Investing.com
Higher prices support the , and the recent rise in commodity barrel prices brings greater risks for those who foresee a lower American currency globally by year-end. That’s according to the Bank of America (BofA),…
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Explainer-Why is the Japanese yen so weak? By Reuters
SINGAPORE (Reuters) – Japan’s yen is at three-decade lows and under enough pressure to prompt strong official warnings of intervention to prop it up. The yen has fallen despite Japan’s first interest rate hike since…
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US dollar surges to new 34-year high vs yen after hotter-than-expected inflation data By Reuters
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar rose across the board on Wednesday, soaring against the Japanese yen to its highest since mid-1990, after U.S. inflation rose more than expected in March, pushing out…
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US dollar flat as investors await inflation data; focus on yen action By Reuters
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar was little changed on Tuesday, with investors cautious ahead of U.S. inflation data to be released on Wednesday, even as the yen hovered near multi-decade lows, keeping…
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Dollar bulls to continue stampede as hawkish Fed speak to boost Treasury yields By Investing.com
Investing.com — The will likely continue flexing its muscles against its rivals as the recent explosive jump in Treasury yields could keep going as Federal Reserve speakers are poised to reiterate the need for the…
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Dollar steadies, on track for weekly loss after job growth blowout By Reuters
By Hannah Lang NEW YORK (Reuters) -The dollar strengthened on Friday but was still set for a weekly loss after data showed U.S. employers hired far more workers than expected in March, potentially delaying anticipated…
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Asia FX muted, yen steadies while dollar rises before nonfarm payrolls By Investing.com
Investing.com– Most Asian currencies moved little on Friday with the Japanese yen steadying near two-week highs, while the dollar rose as anticipation of key nonfarm payrolls data spurred more caution over U.S. interest rates. Hawkish…