Forex News

© Reuters. The Australian dollar was down against the U.S. dolla Investing.com – The Australian dollar slipped against the U.S. dollar on Wednesday after a weak-than-expected inflation reading, while the Japanese yen was little changed after the Bank of Japan issued its latest monetary policy statement. The Australian Bureau of Statistics said on Wednesday that
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© Reuters. Mexico’s Lopez Obrador says peso currency ‘slipped,’ will recover MEXICO CITY (Reuters) – Mexican President-elect Andres Manuel Lopez Obrador said on Tuesday that the peso currency “slipped” following his announcement that a partially-built new Mexico City airport will be canceled once he takes office. Lopez Obrador, who will assume the presidency at the
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© Reuters. The U.S. dollar was higher on Tuesday. Investing.com – The dollar was not far from 10-week highs on Tuesday as U.S.-China trade tensions increased demand for the safe haven, while weak eurozone growth dampened the euro. The , which measures the greenback’s strength against a basket of six major currencies, jumped 0.23% to
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© Bloomberg. A sign featuring Japanese yen, top left, euro, top right, British pound sterling, bottom left, and U.S. dollar is displayed at a currency exchange store in Hong Kong, China. Photographer: Anthony Kwan/Bloomberg (Bloomberg) — China plans to deepen its foreign-exchange markets to encourage both domestic and overseas players to trade and borrow external
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© Reuters. FILE PHOTO: Picture illustration of a Benjamin Franklin U.S. 100-dollar banknote and a Chinese 100-yuan banknote depicting late Chinese chairman Mao Zedong By Kevin Yao BEIJING (Reuters) – China is likely to use its vast currency reserves to stop any precipitous fall through the psychologically important level of 7 yuan per dollar as
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