Category: steadies
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Dollar steadies ahead of U.S. growth, inflation data By Investing.com
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Investing.com – The U.S. dollar settled near two-week highs in early European trading on Thursday, supported by rising yields and increasing conviction that the Federal Reserve won’t cut interest rates anytime soon. At 04:35 EDT (08:35 GMT), the dollar index, which tracks the greenback against a basket of six other…
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Dollar steadies after sharp gains post Fed minutes; sterling retains strength By Investing.com
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Investing.com – The US dollar gave up some of the previous session’s gains on Thursday, but remained near a one-week high after minutes from the Federal Reserve’s latest meeting indicated US interest rates will remain high for some time. At 04:20 ET (08:20 GMT), the dollar index, which tracks the…
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Dollar steadies, but on track for sharp weekly loss By Investing.com
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Investing.com – The U.S. dollar rose in European trade on Friday, but was on track for a big weekly decline after slowing inflation and weak retail sales led to a renewed focus on Federal Reserve interest rate cuts. At 04:10 EDT (08:10 GMT), the dollar index, which tracks the greenback…
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Asia FX muted as dollar steadies ahead of inflation data; yen fragile By Investing.com
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Investing.com — Most Asian currencies moved slightly on Tuesday, tracking a flat dollar, as traders remained largely focused on upcoming US inflation readings that are likely to weigh on interest rate expectations. The Japanese yen was also a point of focus, as continued weakness in the currency put traders on…
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Asia FX edges lower, dollar steadies with inflation on tap By Investing.com
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Investing.com — Most Asian currencies moved in a flat to lower range on Monday, while the dollar stabilized from recent volatility as focus turned squarely to upcoming US inflation data for further signals on interest rates. Moderate Chinese inflation data weighed on the yuan, while also sparking slight weakness in…
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Dollar steadies after payrolls-linked fall; yen falls again By Investing.com
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Investing.com – The US dollar rose in early European trade on Tuesday, trying to bounce back from sharp losses at the end of last week, while the Japanese yen fell despite further threats of intervention. At 04:35 EDT (08:35 GMT), the dollar index, which tracks the US currency against a…
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Dollar steadies as traders eye Federal Rate path following soft U.S. jobs data By Investing.com
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Investing.com – The US dollar steadied on Monday after falling the previous week on weaker-than-expected non-farm payrolls data, prompting traders to raise the timeline for possible interest rate cuts from the Federal Reserve this year. At 04:31 EDT (08:31 GMT), US Dollars, which tracks the greenback against a basket of…
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Asia FX dips as dollar steadies from payrolls plunge; yen reverses course By Investing.com
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Investing.com — Most Asian currencies fell on Monday as the dollar stabilized from Friday’s decline after weaker-than-expected jobs data led markets to increase bets on interest rate cuts by the Federal Reserve. The Japanese yen was the worst performer in Asia, as it reversed course after clear government intervention last…