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(Adds market player quotes and details throughout, updates prices) * Canadian dollar rises 0.2% against the greenback * Canada’s annual inflation rate held steady in July at 2% * U.S. oil prices fall by 0.8% * Bond prices move lower across the yield curve By Levent Uslu TORONTO, Aug 21 (Reuters) – The Canadian dollar strengthened against its U.S. counterpart […]
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(Changes the price change of oil in bullets from 0.3% to 1.5%) * Canadian dollar falls 0.1% against the greenback * Loonie touches its lowest point since June 19 * U.S. oil prices are down 1.5% * Bond prices move higher across the maturity curve By Levent Uslu TORONTO, Aug 20 (Reuters) – The Canadian dollar weakened to a two-month […]
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TOKYO (Reuters) – Safe-haven currencies such as the yen and Swiss franc were under pressure on Monday as expectations that policymakers would unleash new stimulus eased immediate concerns about a slowing global economy. Such hopes found support from the Chinese central bank’s interest rate reforms over the weekend that are expected to lower corporate borrowing costs, and reports of new […]
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TOKYO (Reuters) – The dollar held onto gains on Friday after a surge in U.S. retail sales eased concerns about the world’s top economy, but traders cautioned against reading too much into one piece of data given the growing risks to the outlook. The greenback was on course for a weekly gain against safe-haven currencies such as the Japanese yen […]
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TOKYO (Reuters) – The yen held on to gains against major currencies in early Asian trading on Thursday as growing signs of a global economic slump drove investors into safe-haven assets. The Swiss franc and gold also edged higher as investors fled from stocks and sought safe-haven assets after the U.S. Treasury yield curve inverted for the first time in […]
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(Adds strategist quote and details; updates prices) * Canadian dollar falls 0.1% against the greenback * U.S. oil prices increase 0.8% * Bond prices move higher across the yield curve By Levent Uslu TORONTO, Aug 12 (Reuters) – The Canadian dollar edged lower against its U.S. counterpart on Monday, giving up some gains from the last two sessions, as increased […]
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BUENOS AIRES, Aug 12 (Reuters) – Argentina’s central bank used $50 million in its own reserves, for the first time since September last year, to intervene in the foreign exchange market and defend the peso in the face of a massive sell-off, traders said. Dollar auctions by the bank over recent months had been carried out using funds from the […]
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TOKYO (Reuters) – The Aussie and kiwi dollars skidded to multi-year lows on Wednesday after New Zealand’s central bank shocked markets by flagging the chance of negative interest rates, sending safe-haven assets soaring. Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr made the comments after the central bank stunned traders by cutting interest rates a larger-than-expected 50 basis points […]
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NEW YORK (Reuters) – The U.S. dollar rose to two-year highs on Wednesday after Federal Reserve Chair Jerome Powell, having made the first cut to interest rates since 2008, signaled the move was not the start of a rate-cutting cycle. Against the euro EUR, the dollar was its highest since May 2017 at $1.1058, last up 0.8%. The dollar index […]
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TOKYO (Reuters) – The dollar clung to a two-month high against a basket of currencies in Asia on Monday after better-than-expected U.S. GDP data last week enhanced its yield attraction against rival currencies. The U.S. Federal Reserve is widely expected to cut interest rates for the first time in more than a decade this week, but such a move is […]
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