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Steady U.S. dollar index as supported by an upbeat jobless claims data

Steady U.S. dollar index as supported by an upbeat jobless claims data

As the effects in the announcement of the Federal Reserve’s minutes of March meeting continued to weigh in investors’ sentiments, the U.S. dollar was able to cope from its losses after the release of an upbeat U.S. jobless claims data. It has been reported by the U.S. Department of Labor ...

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Euro bounced back on ECB’s signal to end rate cuts

Euro bounced back

Euro rebounds from losses against the other major currencies after Mario Draghi, European Central Bank President, announced to the public that the ECB will end the possibility of more rate cuts to occur. This signal coming from the ECB President himself is a decision made after delivering a stronger-than-expected package ...

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Risk appetite leads to a stronger Australian dollar

Risk appetite leads to a stronger Australian dollar

The currency market’s risk appetite remained strong on Thursday favoring the dollar and the euro as its focus shifted on the U.S. non-manufacturing ISM report. Investors are eyeing towards the probability of bolstering expectations that the Federal Reserve remains on track to raise interest rates this year which can further ...

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Yen gains against the commodity-linked currencies

Yen gains against the commodity-linked currencies

Japan’s yen, the chief beneficiary on currency market, had collected its gains as the commodities-linked major currencies like the Australian and New Zealand dollars are shaken by the downbeat session of oil prices at the end of the week, February 19. The yen, who had experienced the worst start of ...

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US dollar’s continuous losses after disappointing data released

US dollar's continuous losses

After months of losses, it has been reported that the U.S. Dollars extends its losses after a mixed up of economic data shown on Thursday, January 28. A huge uncertainty caused by the Federal Reserve’s latest policy statement had brought fears and negative sentiments on many market expectators and investors. ...

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Dollar gained as the stock market starts to create positive data

The U.S. dollar had gain some ground against the euro and yuan

On Reuters’ report on Monday, the U.S. dollar had gain some ground against the euro and the Swiss franc after a minimal recovery in the stock market took place. According to Reuters’ dated January 18, China’s yuan gained around half a percent to add to funding costs for foreign players ...

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Dollar weakens again + Iranian oil drops

Dollar weakens once more after downbeat U.S. data

Global market and its economic movement can greatly affect individual lives as consumers and producers of goods. So here are some of the most talked about news in the global market today which you must know. Dollar weakens once more after downbeat U.S. data Unmet expectations are high once more ...

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The value of US dollar today against the other six major currencies

U.S. Departmemt of Commerce

Amid the oil glut in the market today, the value of the U.S. dollar climb moderately higher against other major currencies after it is announced that the U.S. housing sector had bloomed strongly. Information from investing.com states, “The U.S. Commerce Department said that housing starts jumped 10.5% to hit 1.173 ...

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Euro is stronger by 1.98% as ECB unveil fresh stimulus measures

Central Bank of Europe

The Euro jumped high against the world’s other major currencies as dated Thursday, December 03, right after the European Central Bank closely watched policy meeting fell short in the market’s expectations. New measures had been unveiled by the European Central Bank that made Euro recover against continuous fall last week. ...

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U.S. Dollar marked eight-month high in light trade against other currencies

U.S. Dollar marked eight-month high

Just before the U.S. market expected a thin trading volume before the thanksgiving holiday comes, the dollar held steadily high for eight long months compared to other major currencies in the world. According to investing.com, “USD/JPY edged down 0.15% to 122.57”. This positive chain of U.S. data had well-supported the ...

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