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Posts Tagged: 'us dollar'

27Feb
 
The dollars index against a basket of six major currencies fell 0.1 percent to 89.728 (DXY). The greenback, however, is still 1.7 percent above a three-year trough near 88.25 set on Feb. The focus this week is Powells first congressional testimony, at a time when investors are nervous over the pace...
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22Feb
 
The dollar inched up to a 10-day high on Thursday, after minutes from the U.S. Federal Reserves January meeting showed policymakers confident in rising inflation and the need for interest rates to keep increasing. What was widely interpreted as a slightly more upbeat tone in the minutes of the Jan 30-31...
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19Feb
 
The dollar enjoyed a small rebound on Monday as investors bought back the greenback following its plunge to three-year lows. The U.S. currency has been hurt by a variety of factors this year, including concerns that Washington might pursue a weak dollar strategy and the perceived erosion of its yield advantage...
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05Feb
 
The dollar steadied on Monday after rallying on upbeat U.S. jobs data, which sent bond yields surging on the prospects of increasing inflation and hammered equities. The dollar index against a basket of six major currencies stood little changed at 89.127 after gaining 0.6 percent on Friday, when the U.S. payrolls...
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12Oct
 
As the fourth most traded currency, the British Pound is the third most held reserve currency in the world. But since Brexit vote Pound completes continuous four-days downward performance performance British Pound recorded its worst four-day performance since the Brexit vote as a Bank of England official said he expected the...
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01Feb
 
Chinese central bank weakens its currency: The negative interest rate by Japan on Friday has made the Chinese financial institution to weaken the renminbi. Every morning the Peoples Bank of China sets the for the currency the daily midpoint reference rate around which its 2 per cent trading band against...
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27Jan
 
Even though the turbulence in financial markets menace its upbeat view of U.S economy the Federal Reserve is expected to leace interest rates unchanged and leaving the chances to curtail March hike but alive. All analysts see the central bank keeping its key overnight lending rate in a range of 0.25...
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06Jan
 
The curve of the US dollar by asset allocators is the climactic element of 2016.There are two synopsis that could develop. Firstly, if excessive dollar gains were to choke the worlds largest economy, the growth differential between the US and the rest of the world would close. That is clearly an...
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