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Market round-up: Robust US data helps reverse dollar slide
other news, Brazil markets sink, triggering circuit breaker; VIX surges most since last JuneThe dollar reversed early losses against a basket of major currencies on Thursday after stronger-than-expected US economic data put the focus back on a widely anticipated increase in overnight interest rates by the Federal Reserve. The Swiss franc and Japanese yen, currencies considered safe- haven investments...
Livemint | 339 Day(s) Ago
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LIVE Chat: Get personalized advice on your commodity trades & hedging strategies from T Gnanasekar every week.The Federal Reserve is widely expected to raise interest rates at its meeting next month.The dollar started the week on the defensive on Monday, after U.S. economic data came in shy of expectations and another missile test by North Korea over the weekend underpinned the perceived safe-haven...
Moneycontrol | 339 Day(s) Ago