Major Russian lenders say yuan coffers empty, urge central bank action
By Elena Fabrichnaya MOSCOW (Reuters) – Major Russian banks have called on the central bank to take action to counter...
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Forex
Dollar slips lower, struggling to stop losses ahead of payrolls
Investing.com – The U.S. dollar slipped Thursday, struggling to find a foothold after weak economic data raised expectations of an...
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Indian central bank likely selling dollars to prevent rupee from dipping past 84, traders say
MUMBAI (Reuters) – The Reserve Bank of India was likely selling U.S. dollars on Thursday to prevent the rupee from...
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Dollar steady ahead of ISM release, key labor market data
Investing.com – The U.S. dollar steadied Tuesday as investors look forward to the release of key economic data, including Friday’s...
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Dollar near two-week highs ahead of labour data deluge
By Ankur Banerjee SINGAPORE (Reuters) -The dollar inched higher and held close to a two-week high on Tuesday as investors...
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US dollar little changed after hitting a 2-week high against the euro
The U.S. dollar reached a two-week peak compared to the euro, with investors preparing for a week filled with crucial...
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Political Polarization in Europe threatens Euro stability amid rising extremism
The euro faces mounting pressure as escalating political polarization in Europe, particularly in Germany, raises alarms over the currency’s stability,...
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Why is CHF not weaker? BoA Securities explains
Investing.com – Playing for Swiss franc weakness has by far the most consensus trade since the start of the year,...
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Payrolls set to be high-risk event for dollar – Citi
Investing.com – All eyes in the foreign exchange markets are firmly focused on Friday’s US jobs report, with Citi stating...
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UBS cuts US dollar targets; recommends fading any strength
Investing.com – UBS has downgraded its long-term US dollar targets, looking to fade the currency’s rebound early in September. At...
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