Investing.com – The dollar rose to one-and-a-half month highs against a basket of the other major currencies on Tuesday boosted by a more optimistic outlook for U.S. interest rate increases and prospects for fiscal stimulus from Washington. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, touched a […]
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Forex – Aussie Stays Weaker After RBA Holds As Expected
Investing.com – The Aussie held weaker on Tuesday after the central bank held steady and even as it signaled an improving economy. AUD/USD traded down 0.31% to 0.7803, while USD/JPY changed hands at 113.12, up 0.33%. The Reserve Bank of Australia (RBA) on Tuesday held its cash rate steady at a record low 1.50% as expected and signaled to markets […]
Dollar’s advance vs yen slows on caution before Japan vote, euro steadies
By Shinichi Saoshiro TOKYO (Reuters) – The dollar was steady against the yen on Tuesday with its advance as traders considered the implications of Japan’s snap general election later in the month, while the euro steadied after sliding in response to a violence-marred Catalonia vote. The dollar was flat at 112.750 yen <jpy=>.</jpy=> Despite bullish factors […]