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Published 16 days ago

Dollar inches closer to yearly peak ahead of Fed policy decision

Summary by Firstpost News
The latest move higher in the dollar came with after hotter-than-expected first-quarter U.S. employment cost growth on Tuesday, which sent Treasury yields higher and caused markets to further pare bets on Fed rate cuts this year.

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The West AustralianThe West Australian

Dollar near five-month highs ahead of Fed policy call

The US dollar was just shy of its highest level since November 2023 as futures edged lower ahead of a Federal Reserve meeting tipped to leave rates on hold.

16 days ago
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PerthNowPerthNow

Dollar near five-month highs ahead of Fed policy call

The US dollar was just shy of its highest level since November 2023 as futures edged lower ahead of a Federal Reserve meeting tipped to leave rates on hold.

16 days ago·Perth, Australia
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Firstpost NewsFirstpost News

Dollar inches closer to yearly peak ahead of Fed policy decision

The latest move higher in the dollar came with after hotter-than-expected first-quarter U.S. employment cost growth on Tuesday, which sent Treasury yields higher and caused markets to further pare bets on Fed rate cuts this year.

16 days ago·Mumbai, India
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Blue Water Healthy LivingBlue Water Healthy Living

Dollar near five-month highs ahead of Fed policy decision

By Alun John LONDON (Reuters) – The dollar edged towards its highest level this year against a basket of peers and U.S. share futures dipped on Wednesday ahead of a Federal Reserve policy decision, though trading was thin with many European and Asian markets closed. The dollar gained over 0.5% on Tuesday on all six currencies that make up the dollar index, leaving the gauge at 106.49, a whisker off its highest since November. The euro was …

16 days ago·Port Huron, United States
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