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On Tuesday, the US currency inched down moderately in Asia, though maintained most of the revenues it made on the previous week's sturdy employment data, which drove hopes that the key US financial institution could still lift interest rates in 2017.
Monitoring the greenback’s value versus a basket of six major counterparts, the dollar index slid 0.1% being worth 93.325.
It stood above the previous week's 15-month minimum of 92.548, although it remained quite shy of Friday's post-jobs data maximum of 93.774 because market participants pondered over the timing of the Fed’s next tightening steps.
American producer prices for July due on Thursday along with consumer price index figures on Friday are going to provide traders with a clue regarding the extent to which the ascending labor market’s actually spilling over into inflation.
The greenback declined 0.1% getting to 110.64 yen. The US currency lost some ground versus the euro that acquired 0.1% being worth $1.1809.
On Wednesday, the evergreen buck rose to its highest value for over a year because a crisis in the Turkish lira, which affected emerging markets, drove demand for the US dollar as a safe-haven asset…
On Tuesday, the common currency kept to a one-year minimum versus the evergreen buck and the Swiss franc…
On Monday, the evergreen buck managed to rally versus its rivals, although profits were tamed because the common currency went down from a 13-month minimum notwithstanding another rout in Turkey’s currency…
In February, Japan's exports probably ascended at the fastest pace for two years due to a softer yen as well as improving global demand, as a Reuters survey showed on Friday…
On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…
On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…
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