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Friday,
20-May-2022
03:18 (IST)
The U.S. dollar was headed for its worst week since early February versus major peers on Friday, as some of the heat faded from the currency’s breakneck 10% surge. The greenback has been supported by a flight to safety by investors, amid a rout across markets due to fears of the impact of soaring inflation and Russia’s invasion of Ukraine. But after rising in all but two of the last 14 weeks, the dollar index was on track for a 1.5% weekly fall on Friday. The index, which tracks the dollar against six major rivals, was broadly flat on the day at 102.92. Last Friday, it had soared t...
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Friday,
20-May-2022
02:04 (IST)
The U.S. dollar edged higher in early European trade Friday, but is still heading for its worst week since February as traders reacted to lower U.S. Treasury yields. At 3:55 AM ET (0755 GMT), the Doll...
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Friday,
20-May-2022
07:56 (IST)
The U.S. dollar headed for its worst week since early February against major peers on Friday, weighed down by a retreat in Treasury yields and fatigue after the currency’s breathless 10%, 14-wee...
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Thursday,
19-May-2022
03:23 (IST)
The euro edged up on Thursday as investors price in the chance of an aggressive near-term tightening path by the European Central Bank, while the safe-haven dollar took a breather after significant ga...
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Thursday,
19-May-2022
03:21 (IST)
Britain’s pound inched up against the dollar on Thursday, but stayed clear of recent two-week highs as soaring inflation combined with a murky growth outlook prevented a stronger rebound. At 085...
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Thursday,
19-May-2022
01:13 (IST)
The U.S. dollar edged lower in early European trade Thursday, handing back some of the previous session’s substantial gains although the safe haven remains in demand with risk sentiment fragile....
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Thursday,
19-May-2022
11:14 (IST)
The safe-haven dollar and yen eased on Thursday while the Australian and New Zealand dollars jumped amid signs of an easing in Shanghai's coronavirus lockdown, although sentiment remained fragile ...
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Thursday,
19-May-2022
08:05 (IST)
Safe-haven currencies, including the dollar, eased on Thursday, pausing for breath after big gains the previous session as Wall Street stocks tumbled amid mounting concerns that aggressive tightening ...
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Wednesday,
18-May-2022
03:34 (IST)
The pound fell against the dollar on Wednesday after data showed British inflation rising to 9%, the highest level in 40 years. Currently, sterling was at $1.2411. The drop reverses most of the gains ...
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Wednesday,
18-May-2022
03:18 (IST)
The U.S. dollar bounced back on Wednesday, a day after its biggest daily loss in more than two months, as U.S. Federal Reserve chief Jerome Powell struck a more hawkish tone as the central bank battle...
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