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By Masayuki Kitano SINGAPORE (Reuters) – The dollar held near a three-month high versus the yen on Wednesday, underpinned by reports of Republican senators’ favoring John Taylor to become the next head of the Federal Reserve, while the Aussie dollar weakened after soft inflation data. Taylor, a Stanford University economist, is seen as someone who may put […]
Investing.com – The Aussie dropped in Asia on Wednesday after consumer prices data came in weaker than expected and put doubt into rate hike forecasts for next year. AUD/USD traded at 0.7730, down 0.59%, while USD/JPY changed hands at 113.88, down 0.03%. GBP/USD was quoted at 1.3135, down 0.01%. Australia reported CPI figures for the third quarter at a 0.6% […]
By Lisa Twaronite TOKYO (Reuters) – The dollar edged down on Tuesday as attention turned to who would be the next head of the U.S. central bank. U.S. President Donald Trump told reporters on Monday he is “very, very close” to deciding who should chair the Federal Reserve after interviewing five candidates for the position. […]