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  • Dollar Edges Lower; Fed Minutes Loom Large

    Dollar Edges Lower; Fed Minutes Loom Large0

    The U.S. dollar edged lower in early European trade Wednesday, handing back some of the previous session’s gains as traders cautiously await the release of the minutes of the Federal Reserve’s February meeting. At 02:55 ET (07:55 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% lower

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  • Dollar Edges Lower; Chinese Growth Data Boosts Risk Sentiment

    Dollar Edges Lower; Chinese Growth Data Boosts Risk Sentiment0

    The U.S. dollar slipped lower in early European trade Tuesday, handing back some of the overnight gains as healthy Chinese growth data boosted risk sentiment. At 02:05 ET (06:05 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% lower at 101.707, after rising 0.5% overnight. China’s post-COVID

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  • Dollar Edges Lower Ahead of Payrolls; yen Weakens After BOJ Stands pat

    Dollar Edges Lower Ahead of Payrolls; yen Weakens After BOJ Stands pat0

    The U.S. dollar edged lower in early European trade Friday ahead of the key monthly jobs report, and the yen weakened after the Bank of Japan retained its ultra-dovish stance. At 03:00 ET (08:00 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.2% lower at 105.125, but

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  • Dollar Droops Amid Improved Risk Mood Before Fed; Aussie Pares Gain After RBA

    Dollar Droops Amid Improved Risk Mood Before Fed; Aussie Pares Gain After RBA0

    U.S. dollar sank from a one-week top against a basket of major peers on Tuesday, as traders weighed the odds of a less aggressive Federal Reserve at Wednesday’s widely watched monetary policy meeting The risk-sensitive Australian and New Zealand dollars rose from one-week lows amid a broad lift in market sentiment, but the Aussie trailed

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  • Dollar Down as Fed Minutes, U.S. Data Weighs

    Dollar Down as Fed Minutes, U.S. Data Weighs0

    The U.S. dollar fell across the board on Wednesday, after minutes from the Federal Reserve’s November meeting showed that most policymakers at the central bank agreed it would soon be appropriate to slow the pace of interest rate hikes. The readout of the Nov. 1-2 meeting, at which the Fed raised its key rate by

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  • Dollar Consolidates, Still in Demand

    Dollar Consolidates, Still in Demand0

    Capital Sands The U.S. dollar has seen some selling in early European trade Monday, but from lofty heights as tensions between China and the U.S. continue to simmer and Japan enters recession.  At 2:40 AM ET (0645 GMT), the U.S. Dollar Index, which tracks the greenback against a basket of six other currencies, stood at 100.362,

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