By Hideyuki Sano TOKYO (Reuters) - The dollar held firm against many of its rivals on Wednesday after U.S. retail sales jumped far more than expected in May, while risk-sensitive currencies were hobbled by concerns about the coronavirus and geopolitical tensions in Asia. Federal Reserve chairman Jerome Powell also doused some of...
By Peter Nurse Investing.com -- The dollar sold off in early European trade Tuesday, as the Federal Reserve’s move to start purchasing U.S. corporate bonds boosted sentiment at the expense of safe havens. At 2:55 AM ET (0655 GMT), the dollar index, which tracks the greenback against a basket of six other...
By Peter Nurse Investing.com - The dollar pushed slightly higher in early European trade Tuesday, but ranges are tight as investors look to the next meeting of the Federal Reserve for guidance. At 3:05 AM ET (0705 GMT), the dollar index, which tracks the greenback against a basket of six other currencies,...
By Gina Lee Investing.com – The dollar was up on Tuesday morning in Asia, with investors awaiting the next moves from the U.S. Federal Reserve ahead of its policy meeting. The U.S. Dollar Index that tracks the greenback against a basket of other currencies gained 0.10% to 96.707 by 12:53 AM ET (5:53...
By Gina Lee Investing.com – The U.S. dollar was down on Wednesday morning in Asia after increasing optimism over a global economic recovery from COVID-19 increased investor risk appetite. Investors focused on countries continuing to loosen lockdown measures and restarting their economies, despite the ever-growing number of COVID-19 cases and no...
(Bloomberg) -- Australia’s economy contracted in the first three months of the year, setting up an end to the nearly 29-year run without a recession as an even deeper slowdown looms for the current quarter. Gross domestic product fell 0.3% from the final three months of 2019, the first quarterly...

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