Forex News

U.S. Dollar Steady After Inflation Data By Investing.com

© Reuters. The U.S. dollar rose on Monday. Investing.com – The dollar remained near a 10-week high on Monday as the Federal Reserve’s preferred inflation measure rose, increasing chances of a rate increase. The , which measures the greenback’s strength against a basket of six major currencies, rose 0.27% to 96.62 as of 11:14 AM ET (15:14 GMT). The Fed’s ...

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Euro falls, bond yields up on report Germany’s Merkel won’t seek re-election as CDU party chair By Reuters

© Reuters. A vendor gets a five Euro bank note from a customer at the central market in Athens LONDON (Reuters) – The euro fell briefly and German government bond yields rose on Monday, after a report that German Chancellor Angela Merkel has told leaders of her Christian Democrats (CDU) that she will not seek re-election as party chairwoman in ...

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Dollar Edges Higher In Cautious Trade, Euro Slips By Investing.com

© Reuters. Investing.com – The dollar edged higher against a basket of the other major currencies on Monday, holding close to Friday’s 10-week highs as investors around the globe remained cautious, while the euro slipped following weekend elections in Germany. The , which measures the greenback’s strength against a basket of six major currencies, edged up 0.14% to 96.26 by ...

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Rupee Slump to Push India to Seek Yuan Trade Settlement By Bloomberg

© Reuters. Rupee Slump to Push India to Seek Yuan Trade Settlement (Bloomberg) — India is considering allowing some imports from China to be settled in yuan, people familiar with the proposal said, as the South Asian nation moves to limit its currency’s loss against the dollar. The plan would enable direct convertibility between the rupee and yuan and will ...

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Dollar Gains on Stronger-than-expected GDP Data By Investing.com

© Reuters. The dollar traded slightly higher on Monday Investing.com – The dollar traded slightly higher on Monday and hovered near two-month highs on a stronger-than-expected third-quarter . The that tracks the greenback against a basket of other currencies was up 0.08% to 96.24 by 12:08 AM ET (04:08 GMT). The U.S. economy grew at a 3.5% annualized rate, the ...

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Dollar Slips as Analysts Warn Pain Ahead for ‘Sugar-High’ Economy By Investing.com

© Reuters. The dollar fell against rivals Friday. Investing.com – The dollar languished near session lows, pressured by falling U.S. bond yields as analysts downplayed the strong third-quarter U.S. economic growth Friday, warning the “sugar-high” economy was set for a bumpy road. The , which measures the greenback against a trade-weighted basket of six major currencies, fell by 0.25% to ...

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U.S. Dollar Steady Ahead of GDP Data By Investing.com

© Reuters. The U.S. dollar remained strong on Friday Investing.com – The dollar was down slightly but remained near a 10-week high on Friday as investors waited for quarterly economic data. The , which measures the greenback’s strength against a basket of six major currencies, inched down 0.06% 96.40 by 4:55 AM ET (8:55 GMT). Investors are waiting for third ...

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