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Investing.com – The dollar held weaker against the yen on Thursday in Asia as investors looked ahead to an announcement on the new Fed chief by President Donald Trump possibly this week. USD/JPY changed hands at 113.41, down 0.30%, while AUD/USD traded at 0.7711, ip 0.10%. EUR/USD traded at 1.1829, up 0.14%. The U.S. dollar index, which measures the greenback’s strength […]
By Jemima Kelly LONDON (Reuters) – The dollar traded near a three-month high against the yen on Wednesday, underpinned by reports that Republican senators were favoring John Taylor to become the next head of the U.S. Federal Reserve. Australia’s dollar was the biggest mover among major currencies, tumbling as much as 0.8 percent against its […]
Investing.com – The dollar was steady near three-month highs against the yen on Wednesday, boosted by speculation over the course of U.S. monetary and fiscal policy, while weak domestic inflation data sent the Australian dollar sharply lower. USD/JPY was trading at 113.88 by 03:28 AM ET (07:28 AM GMT), not far from Monday’s highs of 114.09, […]