Archive for the September 7, 2019
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Upbeat US economic data gave the dollar an edge over its peers on Friday, arresting a recent flight from the greenback while also supporting Asian currencies as investors toned down their recent gloom over the
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Risky currencies including the Australian dollar surged on Friday after China's central bank cut the amount of cash that banks must hold as reserves, with markets also expecting the European Central Bank to unveil more
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The dollar slipped on Friday against a basket of currencies, holding above a one-week low as a mixed report on the US jobs market in August reinforced the view of a slowing expansion and the
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The yen slipped on Thursday as global tensions including the US-China trade conflict showed signs of thawing, bolstering investor confidence and reducing demand for safe-haven currencies. The pound rose to its highest level against the
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The Australian dollar hovered near a one-month high on Friday while its New Zealand cousin held on to recent gains as positive US data and some optimism on coming Sino-US trade talks lured investors into
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Most emerging Asian units rose on Friday, as Sino-US trade tensions dialled down and robust US economic data spurred investors' appetite for riskier assets. Sentiment rose after the United States and China agreed to hold
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The British pound edged lower on Friday after a tumultuous week in which it plunged to three-year lows before rebounding strongly as lawmakers voted to block a no-deal Brexit, making a snap election more likely.
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South Africa's rand rallied more than one percent on Friday to a new one month high with momentum reignited by a subdued jobs report from the United States that dragged down the dollar. At 1515
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Ethiopia on Friday invited members of the public to tour a notorious detention facility where high-profile political prisoners once endured abusive interrogations, weeks of solitary confinement and other forms of torture. The opening of the
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The head of Russia's central election committee was attacked at night by a masked assailant who climbed into her house and hit her with a taser, Russian police said Friday. The attack on 65-year-old Ella
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