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Archive for the May 5, 2017

  • Dollar takes breather in Asia

    The dollar hit a six-week high against the yen on Thursday, after the US Federal Reserve downplayed weak first-quarter economic growth and was seen as leaving the door open to raising interest rates in June.

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  • Euro jumps in Europe after French debate, Fed expectations top out

    • News Desk
    • May 5th, 2017
    • Comments Off on Euro jumps in Europe after French debate, Fed expectations top out

    The euro surged towards 6-month highs around $1.0950 on Thursday as support for the dollar from Wednesday's Federal Reserve statement faded and investors took heart from French centrist Emmanuel Macron's performance in a TV presidential

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  • Early trade in NY: Euro hits roughly six-month high against dollar

    • News Desk
    • May 5th, 2017
    • Comments Off on Early trade in NY: Euro hits roughly six-month high against dollar

    The euro hit its highest level in roughly six months against the US dollar on Thursday as traders looked beyond the French elections to the potential for the European Central Bank to signal further reduction

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  • Dollar rallies in NY after Fed signals rate hike likely

    • News Desk
    • May 5th, 2017
    • Comments Off on Dollar rallies in NY after Fed signals rate hike likely

    The US dollar rallied broadly on Wednesday and hit more than six-week highs against the yen after the Federal Reserve signalled it was still on track for two more interest rate hikes this year. The

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  • Bangladesh’s interbank forex rates

    • News Desk
    • May 5th, 2017
    • Comments Off on Bangladesh’s interbank forex rates

    Interbank buy/sell rates for the taka against the dollar on Thursday. 80.44-80.45 (previous 80.40-80.40). Copyright Reuters, 2017

  • Asian currencies nudge lower on hawkish Fed

    • News Desk
    • May 5th, 2017
    • Comments Off on Asian currencies nudge lower on hawkish Fed

    Most Asian currencies fell modestly on Thursday as the dollar retained gains made after the US Federal Reserve's hawkish policy statement. At the end of its two-day meeting, the Fed kept its benchmark interest rate

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  • Sri Lankan rupee edges up

    The Sri Lankan rupee ended slightly higher on Thursday as exporters sold the dollar and a statement from the International Monetary Fund (IMF) that it may review the country's request to complete a second loan

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  • Sterling climbs back above $1.29

    Sterling rose above $1.29 on Thursday after stronger-than-expected data from Britain's huge services sector, which was seen bolstering the case for the Bank of England to raise interest rates sooner rather than later. The Markit/CIPS

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  • Aussie falls, kiwi up

    The Australian dollar fell to four-month lows on Thursday, while the New Zealand dollar was vulnerable after the Federal Reserve remained upbeat on economic growth, setting a fire under the US dollar. The Australian dollar

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  • Juventus close on final as Higuain hurts Monaco

    • News Desk
    • May 5th, 2017
    • Comments Off on Juventus close on final as Higuain hurts Monaco

    Gonzalo Higuain scored both goals as an imperious Juventus beat Monaco 2-0 in their Champions League semi-final first leg on Wednesday to take a huge step towards next month's final in Cardiff. Both of Higuain's

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