North Korea risks lift yen, euro struggles near four-week lows vs dollar

The yen stood tall on Tuesday as tensions on the Korean peninsula flared-up anew amid an escalating war of words between North Korea and the United States, while the euro struggled near a four-week low versus the dollar. The dollar was steady at 111.760 yen JPY= after coming off...

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Euro, NZ dollar sideswiped by political uncertainty after elections

The euro slipped in early Asian trading on Monday after Germany’s election showed surging support for a far-right party that left Chancellor Angela Merkel scrambling to form a governing coalition. The euro fell as much as 0.5 percent to $1.1896 and last stood at $1.1933, down 0.2 percent, holding...

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Dollar rises to two-month high vs. yen on heightened Fed hike expectations

The dollar rose to a two-month high against the yen and extended its gains against the euro on Thursday after a hawkish-sounding Federal Reserve heightened expectations for an interest rate hike in December. After concluding a closely watched two-day policy meeting on Wednesday, the Fed left interest rates unchanged...

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Minutes of the Monetary Policy Meeting of the Reserve Bank Board

Domestic Economic Conditions Members commenced their discussion of the domestic economy by noting that labour market conditions had continued to improve, although spare capacity remains. Employment had risen further in July, the participation rate had edged higher and the unemployment rate had remained steady at 5.6 per cent. Full-time...

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Dollar rally pauses as market braces for U.S. inflation data

The U.S. dollar’s rally paused on Thursday as traders waited for consumer inflation data later in the day for clues on whether the Federal Reserve will maintain its gradual pace of credit tightening. The Australian dollar rose slightly after a report showed Australia’s employment rose by the most in...

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Dollar shines against yen, pound near one-year high on inflation jump

The dollar extended its sharp rally against the yen on Wednesday, although it was capped against the euro with a potentially supportive spike in U.S. yields neutralised by a similar move by their German counterparts. The pound hovered within distance of a one-year high after a robust UK inflation...

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