
Articles
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1 week ago |
marketscreener.com | Johann M Cherian |Laura Matthews
Published on 06/19/2025 at 22:09, updated on 06/20/2025 at 10:58(Reuters) -The dollar weakened against the euro and the pound on Friday, but was set for its biggest weekly rise in more than a month as uncertainty about a raging war in the Middle East and the potential repercussions for the global economy fuelled an appetite for traditional safe havens.
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1 week ago |
marketscreener.com | Laura Matthews
Published on 06/19/2025 at 22:09, updated on 06/20/2025 at 15:55(Reuters) -The U.S. dollar rose to a three-week high against the safe-haven yen and gained ground on the Swiss franc on Friday amid signs tension in the Middle East is easing after Iran backed continued discussions with Europe on its conflict with Israel.
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1 week ago |
marketscreener.com | Laura Matthews
NEW YORK (Reuters) -The U.S. dollar traded higher against most major currencies on Wednesday, but remained weaker against the yen after the Federal Reserve kept interest rates unchanged as economic uncertainty and tariffs continue to paint a murky outlook. Policymakers still forecast slashing rates by half a percentage point this year, but have slowed the pace of future cuts, concerned that President Donald Trump's tariffs would stoke inflation. "The speculation continues to be up in the air.
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1 week ago |
marketscreener.com | Amanda Cooper |Laura Matthews
NEW YORK/LONDON (Reuters) -The U.S. dollar traded mostly lower against the yen and edged higher against the Swiss franc on Wednesday as fighting between Israel and Iran spurred investors to scoop up safe havens, while a pending Federal Reserve rates decision restrained volatility. Israel has bombarded arch-enemy Iran over the past six days to halt its nuclear activity and has asserted the need for a change of government in the Islamic Republic.
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1 week ago |
marketscreener.com | Laura Matthews |Lucy Raitano
Published on 06/16/2025 at 20:57, updated on 06/17/2025 at 10:55NEW YORK/LONDON (Reuters) -The U.S. dollar pared losses to trade firmer on the yen on Tuesday, after economic data showed American consumers growing more cautious as trade and inflation uncertainty lingered ahead of the Federal Reserve's decision on interest rate later this week. U.S. retail sales were softer than expected in May, but consumer spending remained supported by solid wage growth.
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