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Australia

U.S. dollar flat to moderately higher, weak outlook intact on Fed outlook

BY Reuters  • February 8, 2023February 8, 2023
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar was little changed to marginally higher on Wednesday as investors paused selling the greenback a day after Federal Reserve Chair Jerom[...]
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Asia Australia Business Economy Europe UK Updated US

Exclusive-Peru mines power on despite protests, though shutdown risk looms

BY Reuters  • February 8, 2023February 8, 2023
By Alexander Villegas and Adam Jourdan ESPINAR, Peru (Reuters) -Peru’s biggest copper mines have been able to maintain production despite road blockades, attacks and protests that have roiled th[...]
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Asia Australia Business Canada Europe Latin America Politics Updated US

Stocks rise, dollar slips on Powell comments seen as dovish

BY Reuters  • February 7, 2023February 7, 2023
By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) – Global equities rose and the dollar fell on Tuesday, reversing earlier moves, as the market perceived comments by the Federal Reserve c[...]
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Asia Australia Business Economy Europe Top News Updated US

Dollar drops as Fed’s Powell repeats disinflation comments, seen less-hawkish

BY Reuters  • February 7, 2023February 7, 2023
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar fell from one-month highs on Tuesday after U.S. Federal Reserve Chair Jerome Powell doubled down on statements last week that disinfla[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Australia’s Medibank slapped with class action over cyber incident

BY Reuters  • February 7, 2023February 7, 2023
(Reuters) – Australian health insurer Medibank Private Ltd said on Tuesday a class action suit had been filed against it over last year’s cybercrime incident that compromised personal info[...]
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Asia Australia Business Health Technology

Barrick rules out rival bid for Australia’s Newcrest – Bloomberg

BY Reuters  • February 7, 2023February 7, 2023
MELBOURNE (Reuters) – Barrick Gold has ruled out a counterbid for number-one Australian gold producer Newcrest Mining, its chief executive told Bloomberg, eliminating what had seemed to be the m[...]
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Asia Australia Business Canada US

Stocks slide, dollar firm as further monetary tightening seen

BY Reuters  • February 6, 2023February 6, 2023
By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) -Global equity markets fell and the dollar firmed on Monday after data showing a resilient U.S. jobs market suggested interest rates will st[...]
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Asia Australia Business Economy Europe Updated US

Dollar extends U.S. jobs data bounce; yen slips

BY Reuters  • February 6, 2023February 6, 2023
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The dollar rose to a three-week high against the euro on Monday, as Friday’s blockbuster U.S. jobs report raised the likelihood of the U.S. Federa[...]
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Asia Australia Business Canada Economy Europe UK Updated US

South Korea, Australia central banks renew currency swap agreement

BY Reuters  • February 6, 2023February 6, 2023
SEOUL (Reuters) – South Korea’s central bank said it renewed on Monday a currency swap agreement with its Australian counterpart, valued at 9.6 trillion won or A$12 billion, for five years[...]
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