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Investing.com – The yen continued to rebound on Wednesday while the Chinese yuanstayed along a very slight downward path against the USD while the Australian dollar rallied thanks to firmer commodity prices. Political concerns in the US may also be hitting the dollar, with the U.S. dollar index, which measures the greenbackís strength against a trade-weighted basket […]
Investing.com – The dollar dipped against a basket of the other major currencies on Tuesday as investors awaited comments later in the day by U.S. Federal Reserve Chair Janet Yellen. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, edged down to 97.05 by 07.03 GMT (03.03 […]
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 […]