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Investing.com – The dollar moved into positive territory against a basket of global currencies, despite dwindling investor confidence of stronger U.S. second-quarter economic growth, after economic data undershot expectations. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, rose by 0.07% to 97.05. Investors scaled back expectations […]
By Patrick Graham LONDON (Reuters) – Financial investors’ lack of faith in another rise in U.S. interest rates this year kept the dollar pinned back on Monday at the start of a week packed with speeches from Federal Reserve and other senior central bank officials. A small dip for the yen <jpy=>(EURJPY=) early in European […]
Investing.com – The dollar was softer against a basket of the other major currencies on Monday as doubts over whether the Federal Reserve will raise interest rates again later this year continued to weigh. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, dipped 0.07% to 96.91, […]