Archive for the May 7, 2017
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The Canadian dollar recouped all of its losses this week against the US dollar on Friday, as US oil prices bounced back from some of the previous session's steep drop. At 4 pm EDT (2000
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Nigeria's central bank is working to make exchange rates for its currency converge on the official and black markets, its spokesman said, and plans to offer $100 million on the forward market on Tuesday to
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Analysts trimmed their bearish outlook on the Australian and New Zealand dollars, with expectations of stable domestic interest rates seen to support their yield appeal and limit the currencies' downside. A Reuters poll of 53
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Analysts trimmed their bearish outlook on the Australian and New Zealand dollars, with expectations of stable domestic interest rates seen to support their yield appeal and limit the currencies' downside. A Reuters poll of 53
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The US dollar hit its lowest level against the euro in roughly six months on Friday after a sharp rebound in US jobs growth in April was not enough to offset investors' bullishness toward the
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The US dollar has been and will continue to be on a gentle weakening pattern, Jeffrey Gundlach, chief executive at DoubleLine Capital, said on an investor webcast late Tuesday. Gundlach, who oversees more than $100
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Net long positions on the US dollar fell sharply in the latest week to their lowest level since early October, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday. The
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China's primary money rates hovered at elevated levels for the week and fell on Friday, although a small cash injection from the central bank reassured the market that the authorities' switch to a tightening of
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China will step up its crackdown on illegal foreign exchange deals this year as authorities boost authenticity and compliance checks on trade and investment, its forex regulator said on Wednesday. Beijing has announced a series
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Sentiment toward Asian currencies has improved from two weeks ago, as worries about the risk of an anti-establishment shock from the French presidential elections subsided, a Reuters poll showed on Thursday. Bullish bets on the
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