Archive for the December 31, 2016
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Britain's bluechip FTSE 100 index closed 2016 at a record high level on Friday, with a blistering rally in mining stocks and a sharp fall in sterling after June's shock Brexit vote boosting the market.
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The euro jumped to its highest in three weeks in thin Asian trade on Friday, but was on track for a losing year on expectations that US President-elect Donald Trump's policies will boost inflation and
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A short-lived surge in the euro dominated this year's last day of trade in major foreign exchange markets on Friday, with dealers citing a handful of orders as driving the dollar to its lowest since
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The US dollar was on track to notch a fourth straight year of gains against a basket of major currencies on Friday, despite briefly tumbling against the euro during the Asian trading session on thin
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The US dollar hit a 15-day low against the yen on Thursday as traders used the quiet holiday period to take profits on the dollar's recent gains, while a drop in US Treasury yields on
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The Sri Lankan rupee fell 3.9 percent in 2016, with the spot currency reference rate hitting a record low on Friday, as higher imports and private sector credit as well as lower export earnings weighed
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Asian currencies rose on the last trading day of 2016 on Friday, but most were set to post annual losses as the US dollar climbed on expectations of higher interest rates next year. Emerging Asian
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China's yuan strengthened against the dollar on Friday, but was on track for its biggest annual loss since 1994, which would make it the worst performing major Asian currency this year. The yuan, which has
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The Australian and New Zealand dollars inched higher in thin holiday trading on Friday but looked set to end December lower, extending their losing streak to a third straight month. The biggest move came against
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Pakistan have overlooked in-form batsman Kamran Akmal and allrounder Mohammad Hafeez in a 15-man squad for the five-match ODI series in Australia, keeping faith in the same set of players who went down 2-0 in
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