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The Reserve Bank of New Zealand (RBNZ) decided to maintain its current interest rates, highlighting three significant deviations from its February Monetary Policy Statement. The central bank noted...
Bank of America (NYSE:BAC) reported that investors had broadly sold off the US dollar last week, influenced by slightly positive economic indicators from the United States. The movement came in...
Investing.com -- The U.S. dollar has been supported since the start of the week as bond yields marginally increased and the momentum in equity markets slowed. Despite positive U.S. economic data,...
The Reserve Bank of New Zealand (RBNZ) is anticipated to keep the official cash rate (OCR) steady at 5.50% during its 22 May meeting, ING analysts said today. Market participants will be paying close...
Investing.com - The U.S. dollar usually enjoys the month of May, according to analysis from UBS, but this year seems to be different. “May has historically been a positive month for the dollar: our...
By Herbert Lash and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar on Wednesday fell for the first time in six days, as investors consolidated gains after Federal Reserve officials repeated...
By Karen Brettell NEW YORK (Reuters) -The dollar reached a five-month high against the euro on Tuesday after Federal Reserve Chair Jerome Powell said the U.S. central bank may need to keep rates...
By Chuck Mikolajczak and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar rose to its highest since November on Friday, boosted by safe-haven demand amid geopolitical tension in the...
Investing.com-- The Reserve Bank of New Zealand left interest rates unchanged as widely expected on Wednesday, and reiterated that monetary policy will remain restrictive to further reduce pressure...
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar slid on Monday as investors focused on U.S. inflation data due later this week, while the yen dipped to near 34-year lows, with traders...
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