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U.S. Dollar Turns In Another Lackluster Performance
The U.S. dollar has turned in another lackluster performance during trading on Wednesday as traders digest the minutes of the latest Federal Reserve meeting. Read Full Story
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Author Archives: Top News Editor
Fed Minutes Provide Insight Into Decision To Adopt Patient Approach
Investors were provided with further insight into the Federal Reserve’s decision to change the forward guidance language and indicate a patient approach to raising interest rates in the minutes of the central bank’s January monetary policy meeting. Read Full Story
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U.S. Dollar Fluctuates Amid Uncertainty About Trade Talks
Reflecting uncertainty about trade talks between the U.S. and China, the value of the U.S. dollar has fluctuated over the course of trading on Tuesday. Read Full Story
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U.S. Homebuilder Confidence Shows Significant Improvement In February
Reflecting growing consumer confidence and falling interest rates, the National Association of Home Builders released a report on Tuesday showing a significant increase in U.S. homebuilder confidence in the month of February. Read Full Story
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Thailand 2018 GDP Growth Fastest In 6 Years
Thailand’s economy expanded at the fastest pace six years in 2018, driven by stronger domestic demand that offset slowing export growth, but the momentum is likely to lose steam due to a general election and a sluggish global economy. Gross ...
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UK Housing Affordability Improves At Fastest Pace In 8 Years – Rightmove
UK housing affordability improved at the fastest pace in eight years in February, but annual house price growth remained weak, survey data from the property market data website Rightmove showed on Monday. UK’s annual average wage growth of 3.4 percent ...
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Japan December Core Machine Orders Slip 0.1%
The value of core machine orders in Japan eased 0.1 percent on month in December, the Cabinet Office said on Monday – exceeding expectations for a decline of 1.0 percent following the flat reading in November. Read Full Story
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Dollar Turns Subdued After Trump Declares National Emergency
After holding in positive territory during the earlier part of the session on Friday, the U.S. dollar retreated and lost ground against some peers after President Donald Trump declared a national emergency on border security. Read Full Story
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U.S. Consumer Sentiment Rebounds More Than Expected In February
After reporting a notable deterioration in U.S. consumer sentiment in the previous month, the University of Michigan released preliminary data on Friday showing a bigger than expected rebound in sentiment in the month of February. Read Full Story
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U.S. Industrial Production Unexpectedly Drops 0.6% In January
Industrial production in the U.S. unexpectedly decreased in the month of January, the Federal Reserve revealed in a report released on Friday. The Fed said industrial production fell by 0.6 percent in January after inching up by a downwardly revised ...
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