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By Masayuki Kitano SINGAPORE (Reuters) – The dollar steadied on Monday, with investors looking to Federal Reserve Governor Jerome Powell’s first congressional testimony for hints on the future pace of U.S. monetary tightening. The dollar index, which measures the greenback against a basket of six major rivals, was unchanged at 89.879 (DXY). It had gained nearly […]
nvesting.com – Asian stocks traded mostly higher Friday to end the week on a positive note as the Dow and the S&P 500 reversed some of their midweek pullback, while comments from a Federal Reserve official eased concerns of speeding up rate hikes this year. The U.S. markets were little changed Thursday, as the Dow added 0.7%, […]
By Masayuki Kitano SINGAPORE (Reuters) – The dollar inched higher on Wednesday as the near-term focus shifted to the minutes of the Federal Reserve’s last policy meeting for hints on the future pace of U.S. monetary tightening. The dollar index (=USD) rose 0.1 percent to 89.805, which was up about 1.8 percent from Friday’s three-year low of […]