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Currencies

Dollar Rises on Safe-Haven Bid, Pound Gains on CPI Data

Currencies
The U.S. dollar rose on Wednesday, supported by its safe-haven status after the closure of the U.S. embassy in Kyiv, Ukraine, while the British pound gained strength as U.K. inflation in October exceeded expectations. Earlier in the...

Dollar Continues to Rise, Trump’s Political Appointees Take Center Stage

Currencies
The U.S. dollar rose on Tuesday after retreating from one-year highs reached last week. Traders sought political direction as attention shifted toward President-elect Donald Trump’s cabinet selections. In early trading, the Dollar Index, which tracks the greenback...

Dollar Slips From Recent Highs, Fed Speeches Planned

Currencies
The U.S. dollar retreated slightly from its recent one-year highs at the start of a week with limited notable economic data but featuring remarks...

Dollar Slightly Down on U.S. Inflation Expectations

Currencies
The U.S. dollar softened slightly on Wednesday, pulling back from six-month highs as markets awaited critical U.S. inflation data. This report is expected to...

Dollar Extends Gains Amid Trump Administration Optimism and Fed Speculation

Currencies
The U.S. dollar surged to a four-month high on Tuesday as markets adjusted to the anticipated economic changes under the incoming Trump administration. Traders...

Dollar Remains Strong Ahead of CPI and Fed; Euro Bearish

Currencies
The U.S. dollar strengthened on Monday, maintaining the momentum generated by Donald Trump's return to the presidency. Investors are eyeing key inflation data due...

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