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U.S. dollar advances vs major currencies as risk appetite fades

BY Reuters  • January 18, 2023January 18, 2023
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar rose against major currencies on Wednesday in choppy trading, gaining safe-haven bids as risk appetite worsened with stocks on the def[...]
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Asia Australia Business Canada Economy Europe UK Updated US

U.S. dollar falters vs major currencies as sterling gains; yen in spotlight

BY Reuters  • January 17, 2023January 17, 2023
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar fell against most major currencies on Tuesday in choppy trading, weighed down by expectations of a possible policy shift at the Bank o[...]
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Asia Australia Business Economy Europe UK Updated US

Stellantis, Vulcan Energy to develop renewable energy assets in Germany

BY Reuters  • January 17, 2023January 17, 2023
(Reuters) – Automaker Stellantis has teamed up with lithium group Vulcan Energy Resources to develop geothermal energy projects in Germany to help decarbonise production of electric vehicles at[...]
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Asia Australia Business Economy Europe Updated

Australia consumer mood brightens for second month in a row

BY Reuters  • January 17, 2023January 17, 2023
SYDNEY (Reuters) – A measure of Australian consumer sentiment rose in January for the second straight month, as a break in a painful cycle of interest rate rises likely provided temporary relief[...]
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Asia Australia Business Economy

Shares shine, dollar dims as BOJ battles bond bears

BY Reuters  • January 16, 2023January 16, 2023
By Lawrence White LONDON (Reuters) – Stocks continued their new year rally on Monday as optimism over the global economy, inflation coming under control and China’s reopening offset concer[...]
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Asia Australia Business Economy Europe Updated US

Dollar finds its footing near seven-month low, all eyes on yen

BY Reuters  • January 16, 2023January 16, 2023
By Rae Wee and Alun John SINGAPORE/LONDON (Reuters) – The dollar started the week on the back foot, hitting a seven-month low against a basket of major peers in Asian trade before steadying, wit[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Marketmind: If the yield cap fits..

BY Reuters  • January 15, 2023January 15, 2023
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Fourth-quarter GDP growth tops a list of key Chinese indicators, while interest rate decisions from In[...]
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Asia Australia Business Economy US

Stocks rise for sixth straight session, BOJ speculation lifts yen

BY Reuters  • January 13, 2023January 13, 2023
By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stocks scored its sixth straight session of gains on Friday as investors assessed the start of U.S. earnings season and the path of in[...]
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Asia Australia Business Economy Europe Updated US

Yen jumps on BOJ policy speculation, dollar edges off 7-month low

BY Reuters  • January 13, 2023January 13, 2023
By John McCrank NEW YORK (Reuters) -The yen surged on Friday, adding to earlier gains on speculation the Bank of Japan (BOJ) will revise its ultra-loose monetary policy, while the dollar edged up agai[...]
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Asia Australia Business Economy Europe UK Updated US
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