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Forex News
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By Herbert Lash and Stefano Rebaudo (Reuters) -The dollar eased from near 5-1/2-month highs on Wednesday as Federal Reserve officials reiterated the rate-cutting cycle was on hold pending new economic…
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Investing.com – The dollar has risen to levels against the euro not seen since November last year. Some analysts think still further gains are on the card, with the potential…
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(Corrects to delete quote in paragraph 6 following post publication review) SHANGHAI (Reuters) -Chinese businesses are hoarding dollars because they expect their own currency to weaken, and that in turn…
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Investing.com – The U.S. dollar drifted lower in early European trade Wednesday, dropping from recent highs, while sterling rose in the wake of the U.K. inflation rate slowing by less…
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On Wednesday, financial institution ING provided insights into the New Zealand Dollar’s (NZD) potential trajectory following the country’s latest consumer price index (CPI) data. ING anticipates that the NZD/USD exchange…
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On Wednesday, ING, a prominent financial institution, revised its forecast for the US dollar, citing persistent inflation in the United States as a key factor driving a broad strengthening of…
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On Wednesday, UBS adjusted its foreign exchange forecasts for the year 2024, indicating a stronger outlook for the U.S. dollar against several major currencies. The bank has revised its end-2024…
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By Ankur Banerjee SINGAPORE (Reuters) -The dollar was broadly steady on Wednesday, keeping the yen rooted near 34-year lows after comments from Federal Reserve officials, including Chair Jerome Powell, suggested…
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By Rae Wee and Stefanno Sulaiman SINGAPORE/JAKARTA (Reuters) – Indonesia’s economy was primed for monetary easing later this year, but an unwelcome plunge in its currency is complicating matters for…