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© Reuters. U.S. one dollar banknotes are seen in this illustration By Tommy Wilkes LONDON (Reuters) – The dollar gained ground on Monday after last week’s drop as traders assessed the outlook for Treasury yields, while awaiting crucial U.S. inflation and retail sales data in coming days. Elsewhere it was a quiet start to a […]
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© Reuters. By Peter Nurse Investing.com – The dollar edged higher in early European trading Friday, but remains anchored near two-week lows following disappointing jobless figures and with the Federal Reserve showing no signs for changing its ultra easy monetary policy stance. At 2:55 AM ET (0755 GMT), the Dollar Index, which tracks the greenback […]
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© Reuters. By Yasin Ebrahim Investing.com – The dollar looks set to snap a three-week win streak Friday, and while analysts are expecting short-term gains to resume, the longer-term outlook for the greenback is less convincing. The , which measures the greenback’s strength against a trade-weighted basket of six major currencies, rose 0.10% to 92.17. […]
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Forex news for New York trade on April 9, 2020: Markets: S&P 500 up 0.8% to record 4128 US 10-year yield up 3.75 bps to 1.66% Gold down $ 13 to $ 1743 WTI crude down 25-cents to $ 59.35 CAD leads, AUD lags The Canadian jobs report was a stunner and far-surpassed expectations. The […]
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Back in November last year Chinese authorities halted Ma’s Ant Group US$ 34.5B IPO. Jack Ma, who controls Alibaba, had criticized domestic (and global) regulators for stifling financial services innovation, criticism the CCP did not appreciate. Ma is back in hot water again, this time Chinese regulators have hit Alibaba with an 18.23 billion yuan ($ […]
Continue ReadingBanks traditionally get the ball rolling Believe it or not, the earnings season is starting up next week. It seems like only yesterday. The fact is, the bulk of earnings are spread out over a month or so and then you have other key releases that are outside of that window. Nevertheless, it does not […]
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© Reuters. Guardians of World Economy See Long Road for Pandemic Recovery (Bloomberg) — The guardians of the global economy this week implored governments to act to avoid a two-speed rebound where vaccinated, rich nations recover more strongly from the pandemic than poorer countries languishing under the burden of disease and debt. The International Monetary […]
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© Reuters. By Yasin Ebrahim Investing.com – The dollar fell against its rivals Thursday, and remains set to snap a three-week winning streak as the reflation trade that had pushed bond yields appear to be running out of steam. The , which measures the greenback’s strength against a trade-weighted basket of six major currencies, fell […]
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© Reuters. FILE PHOTO: U.S. one dollar banknotes are seen in front of displayed stock graph By Ritvik Carvalho LONDON (Reuters) – The U.S. dollar traded near its lowest in more than two weeks versus major peers on Thursday, tracking Treasury yields lower, after minutes of the Federal Reserve’s March policy meeting offered no new […]
Continue ReadingHIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do […]
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