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Monday, July 9, 2018 / Published in Daily Morning Report
The dollar traded near its 3-1/2-week lows against a currency basket on Monday after data last week showed slower-than-expected wage growth. The data showed average U.S. hourly earnings gained five cents, or 0.2% in June after increasing 0.3% in May. Meanwhile, nonfarm payrolls rose by a stronger-than-expected 213,000 in June, although its impact on currencies seems to
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Thursday, July 5, 2018 / Published in Daily Morning Report
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The dollar edged lower against a basket of the other major currencies on Today, a day before the U.S. and China were to hit each other with import tariffs, escalating a trade spat that many investors fear will hurt global growth. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies,
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Tuesday, June 26, 2018 / Published in Daily Morning Report
US money and flag
The dollar steadied against a currency basket on Today as markets regained composure after remarks by White House trade adviser Peter Navarro helped ease investor concerns about U.S. trade policy. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, edged up to 0.94 by 06:50 GMT after ending the previous
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Monday, June 18, 2018 / Published in Daily Morning Report
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Daily Afternoon Report 18.06.2018 The dollar fell to the day’s lows against the yen on Monday as heightened trade tensions between the U.S. and China hit market sentiment, bolstering safe-haven demand for the Japanese currency. USDJPY was down 0.23% to 110, pulling away from Friday’s three-week highs of 110.90. Market sentiment deteriorated as China’s retaliatory action
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