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Why Is The US Dollar On Fire Despite Fed's Steady Interest Rate Signals?
Tuesday, September 5, 2023 - 1:49pm | 743Read More...The U.S. dollar is currently on an eight-week winning streak, flexing its muscles to reach levels not seen since February 2023. While this surge may suggest imminent rate hikes, the latest Federal Reserve signals and economic data actually tell a different tale. The Dollar Index Takes Off The U.S...
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Japan In Regular Touch With Janet Yellen, US On Currency Movements Says Top Financial Diplomat: Reuters
Monday, July 3, 2023 - 11:32pm | 324Read More...Japan’s top financial diplomat, Masato Kanda, has revealed that Japanese authorities are in regular contact with U.S. Treasury Secretary Janet Yellen and other international officials regarding currencies and broader financial markets, Reuters reports. Constant Dialogue on Currencies The...
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Yen Weakens, Dollar Softens as Investors Weigh Fed Rate Hike Path: Reuters
Monday, July 3, 2023 - 3:01am | 403Read More...The yen started the second half of the year on a weak note, hovering just below the significant 145 per U.S. dollar mark, while the dollar softened in response to U.S. economic data indicating slightly eased inflation and consumer spending, Reuters reports. Yen’s Performance According to...
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Janet Yellen Visits South Korea: Talks 'Friend-Shoring' And Becoming Less Reliant On China And Russia
Tuesday, July 19, 2022 - 4:23pm | 457Read More...Secretary of the Treasury Janet Yellen went on a two-day trip to Seoul, South Korea where she met with the President of South Korea Yoon Suk-yeol, Finance Minister Choo Kyung-ho, Governor of the central bank Rhee Chang-yong, and had a private discussion with the LG Chem CEO Shin Hak-cheol. What Was...
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US Dollar Weaker On News of Bernanke Winning Second Term
Monday, January 25, 2010 - 2:59pm | 158Read More...The US dollar is trading broadly lower in the currency markets today, after reports of Federal Reserve Chairman Ben Bernanke edging closer to winning a second term dimmed the appeal for the currency. The Australian dollar and New Zealand dollar recovered from their weakest level achieved over the...
