Category: Battered
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Asia FX gains as dollar dips ahead of CPI data; Kiwi battered by rate cut By Investing.com
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Most Asian currencies rose on Wednesday, while the dollar fell after a weak reading on U.S. producer inflation raised hopes that a similar easing in consumer inflation would lead to deeper interest rate cuts. The New Zealand dollar was an exception, posting sharp losses after the Reserve Bank of New…
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US stock markets battered but show some signs of life into the close
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Battered yen mired near multi-decade low as intervention risks loom By Reuters
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By Ray Wee SINGAPORE (Reuters) – The yen approached its lowest level in 38 years on Thursday and struggled at 160 yen to the dollar, keeping markets on alert for any signs of Japanese authorities intervening to support the currency. In the broader market, the dollar trimmed some of its…