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Archive for the May 3, 2017

    • News Desk
    • May 3rd, 2017
    • Comments Off on Dollar hits six-week high against yen in Europe

    The dollar hit a six-week high against the yen on Tuesday, lifted by a surge in US government bond yields after US Treasury Secretary Steven Mnuchin commented on the possibility of ultra long-term bond issuance.

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    • News Desk
    • May 3rd, 2017
    • Comments Off on Early trade in NY: Dollar hits six-week high

    The US dollar hit a six-week high against the yen on Tuesday as traders discounted weak US economic data and anticipated that the Federal Reserve would prepare markets for an interest rate increase in June

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    • News Desk
    • May 3rd, 2017
    • Comments Off on Dollar gains against yen in New York

    The US dollar rose against the yen on Monday after investors shrugged off weak US factory activity and inflation data on the view that it was unlikely to impede a June interest rate increase from

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    • News Desk
    • May 3rd, 2017
    • Comments Off on Bangladesh’s interbank forex rates

    Inter-bank buy/sell rates for the taka against the dollar on Tuesday. 80.35-80.35 (previous 80.23-80.23). Copyright Reuters, 2017

  • China's yuan firmed against the US dollar on Tuesday, despite the central bank's weaker midpoint fixing, after the greenback pared some of its overnight gains in Asian trade, although trading ranges remained tight. The People's

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    • News Desk
    • May 3rd, 2017
    • Comments Off on Asian currencies rise as North Korea concerns ease

    Most Asian currencies climbed against the dollar on Tuesday as a slight easing in tensions over the Korean peninsula offset concerns from a softer-than-expected factory activity in China. US President Donald Trump on Monday opened

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  • The Sri Lankan rupee ended steady on Tuesday amid expectations of dollar inflows from a sovereign bond issuance and syndicated loans, although importer demand for the US currency after a long weekend weighed on the

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  • Sterling rose broadly on Tuesday, as stronger-than-expected UK manufacturing data left the currency buoyant in the face of headlines suggesting talks over Britain's exit from the European Union were likely to be difficult. On the

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  • The Australian dollar drifted higher on Tuesday after the central bank kept rates unchanged at a policy meeting and sounded a touch more optimistic about global growth, underlining the outlook for steady policy. The Australian

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    • News Desk
    • May 3rd, 2017
    • Comments Off on BP rebounds into quarterly profit

    British oil giant BP rebounded back into net profit in the first quarter, energised by deep cost-cutting and rising crude prices, the group revealed Tuesday. Earnings after tax stood at $1.45 billion (1.33 billion euros)

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