NEW YORK (Reuters) – The euro soared to a one-week high against the dollar on Thursday after European Central Bank President Christine Lagarde said that while the ECB follows the exchange rate, it is not a monetary policy tool. FILE PHOTO: US dollar and euro banknotes are seen in this June 22, 2017 illustration photo…
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Euro gains like the ECB’s Lagarde say do not target exchange rates
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Dollar companies, yen up as tech selloff hits FX
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SINGAPORE (Reuters) – The dollar found support on Wednesday as a stock market move prompted investors to sell more risky currencies while concerns about Brexit pushed the pound down to a new six-week low. FILE PHOTO: US Dollar and Japan Yen banknotes are seen in this June 22, 2017 illustration photo. REUTERS / Thomas White..
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Dollar hunkers down before important US job reports
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TOKYO (Reuters) – The dollar stabilized against major currencies on Friday as traders waited for key U.S. job data that could cast doubt on the strength of the economic recovery from the coronavirus outbreak. FILE PHOTO: A US dollar bill is seen in this illustration taken on May 26, 2020. REUTERS / Dado Ruvic /..
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The yen, the Swiss franc, rises against the dollar when US stocks sell
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NEW YORK (Reuters) – The Japanese yen and Swiss franc strengthened against the dollar on Thursday afternoon as a decline in the US stock market drove investors into safe-haven port currencies. FILE PHOTO: Saudi riyal, yuan, Turkish lira, pound, US dollar, euro and Jordanian dinar notes are shown in this illustration taken on January 6,..
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Dollar holds gains and withdraws from falls in jobless claims
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NEW YORK (Reuters) – A report on Thursday showing that the number of Americans filing new unemployment benefits claims fell more than expected last week did little to bend the dollar, which hit a one-week high earlier in the session. against the euro. FILE PHOTO: A woman counts US dollar bills in her home in..
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The dollar hits a two-year low, fourth month with losses on the Fed inflation mandate
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NEW YORK (Reuters) – The dollar hit a more than two-year low and a fourth straight month with losses Monday in the wake of the US Federal Reserve’s policy shift on inflation. US Dollar and Japan Yen Banknotes are pictured on June 2, 2017. REUTERS / Thomas White / IllustrationAgainst a basket of currencies =..
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Dollar set for worst August in five years
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LONDON (Reuters) – The dollar was set for a fourth straight month with losses on Monday following a US Federal Reserve policy shift on inflation, while the euro was ready to place a fourth month of gains, with both currencies set at levels last seen in 2018 . US Dollar and Japan Yen Banknotes are..
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Dollar slides on Fed shifts; the yen rose after Abe resigned
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NEW YORK (Reuters) – The dollar fell on Friday as the US Federal Reserve’s new policy framework indicated interest rates would remain low while the yen rose sharply after Japanese Prime Minister Shinzo Abe announced his resignation. FILE PHOTO: US Dollar and Japan Yen Notes Viewed in This Illustrative Image June 22, 2017. REUTERS /..
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Dollar gains after the Fed change the inflation target as expected
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NEW YORK (Reuters) – The US dollar won on Thursday after Federal Reserve President Jerome Powell said it was highly expected that the US Federal Reserve would roll out an aggressive new strategy to boost US employment and inflation. FILE PHOTO: A note in US Dollar can be seen in this illustration photo June 22,..
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Dollar gains after the Fed change the inflation target as expected
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NEW YORK (Reuters) – The US dollar fell into unfortunate trading on Thursday after Federal Reserve President Jerome Powell, as widely expected, said the US Federal Reserve would roll out an aggressive new strategy to boost US employment and inflation. FILE PHOTO: A US dollar bill is seen on this illustration taken May 26, 2020…
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