Archive for the May 14, 2017
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US fund investors charged into international stocks at the fastest pace in nearly two years, betting on a continued fillip for the global economy, Investment Company Institute data for the latest week showed on Wednesday.
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US fund investors charged into international stocks at the fastest pace in nearly two years, betting on a continued fillip for the global economy, Investment Company Institute data for the latest week showed on Wednesday.
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Wall Street slipped on Friday, ending the week lower as tepid economic data weighed on banks and worries deepened over Nordstrom and other department stores. Risk-averse sentiment gripped Wall Street this week after President Donald
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Zambia's kwacha is expected to firm next week on increased dollar supply in the market ahead of a government bond sale, while the Kenyan shilling is seen slipping on a dollar squeeze amid increased demand
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Argentina's central bank this month has renewed its buying of dollars in the local foreign exchange market, checking the rise of the country's peso currency. While the bank has not said what its currency target
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Argentina's central bank this month has renewed its buying of dollars in the local foreign exchange market, checking the rise of the country's peso currency. While the bank has not said what its currency target
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The Canadian dollar edged lower against its broadly weaker US counterpart on Friday, but kept some distance from a recent 14-month low, while data showed a spike in bearish bets on the currency. Depressed oil
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Palestinian officials are planning for the territory to have its own digital-only currency within five years, a move designed to safeguard against potential Israeli interference, the head of the Palestine Monetary Authority (PMA) told Reuters.
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The US dollar fell on Friday, easing from a roughly two-month high against the yen touched in the prior session and slumping against the euro, after weaker-than-expected US economic data raised doubts about whether the
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Foreign investors, generally welcoming of Nigerian authorities' apparent moves to loosen their grip on the naira, say they will steer clear of a market they once favoured until they are convinced of currency flexibility. Two
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