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35 seconds ago
US dollar rises on tax reform expectation

New York, Dec 16 (IANS) The US dollar increased against other major peers on renewed hopes for passing a tax bill in the country. In late New York trading on Friday, the euro fell to $1.1759 from $1.1799 in the previous session, and the British pound declined to $1.3325 from $1.3441 in the previous session, Xinhua news agency reported. The Australian dollar inched down to $0.764...

15 hours ago
US dollar declines on soft inflation data

New York, Dec 15 (IANS) The US dollar fell against most major currencies as the country's soft inflation data continued to weigh on the market. In late New York trading on Thursday, the euro rose to $1.1799 from $1.1789, and the British pound climbed to $1.3441 from $1.3368, Xinhua news agency reported. The Australian dollar increased to $0.7676 from $0.7624. The US doll...

2 days ago
US dollar climbs as Fed meeting begins

New York, Dec 13 (IANS) The US dollar rose against most major currencies as the Federal Reserve kicked off its two-day policy meeting. In late New York trading on Tuesday, the euro fell to $1.1739 from $1.1792, and the British pound dropped to $1.3315 from $1.3348, Xinhua news agency reported. The Australian dollar increased to $0.7560 from $0.7535. The US dollar bought ...

3 days ago
US dollar declines against major currencies after jobs data

New York, Dec 12 (IANS) The US dollar declined against most major currencies as investors were still digesting the latest nonfarm payroll report. The dollar index, which measures the greenback against six major peers, was down 0.08 per cent at 93.822 in late trading. In late New York trading on Monday, the euro rose to $1.1792 from $1.1768 in the previous session, and the British...

13 days ago
US dollar declines amid political uncertainties

New York, Dec 2 (IANS) The US dollar fell against most other major currencies after former National Security Adviser Michael Flynn pleaded guilty to lying to the Federal Bureau of Investigation (FBI) regarding his contacts with Russia. My guilty plea and agreement to cooperate with the special counsel's office reflect a decision I made in the best interests of my family and of our countr...

14 days ago
US dollar trades mixed against major currencies

New York, Dec 1 (IANS) The US dollar traded mixed against other major currencies as Wall Street awaited a Senate vote on tax reform. In late New York trading on Thursday, the euro rose to $1.1903 from $1.1862 in the previous session, and the British pound climbed to $1.3526 from $1.3422 in the previous session, Xinhua news agency reported. The Australian dollar lost to $0.7565 f...

15 days ago
US dollar trades mixed amid GDP report

New York, Nov 30 (IANS) The US dollar traded mixed against other major currencies as investors pondered over the country's economic growth data for the third quarter of 2017. US economy expanded at an annual rate of 3.3 per cent in the third quarter of the year, slightly higher than 3 per cent previously estimated, the Department of Commerce reported on Wednesday. In late New Yor...

16 days ago
US dollar rallies after Fed chair nominee's comments

New York, Nov 29 (IANS) The US dollar rose against most other major currencies after US Federal Reserve chair nominee Jerome Powell said he expected the central bank to continue monetary tightening and to ease regulatory burdens on financial system. If confirmed, I would strive, along with my colleagues, to support the economy's continued progress toward full recovery, said Powell in rem...

17 days ago
US dollar rises amid upbeat data

New York, Nov 28 (IANS) The US dollar increased against most other major currencies as the country's new home sales data came in much better than expected. In late New York trading on Monday, the euro fell to $1.1899 from $1.1924 in the previous session, and the British pound dipped to $1.3317 from $1.3324 in the previous session, Xinhua reported. The Australian dollar lost to $...

28 days ago
US dollar trades mixed amid economic data

New York, Nov 17 (IANS) The US dollar traded mixed against other major currencies as investors digested the latest economic data. In late New York trading on Thursday, the euro declined to $1.1764 from $1.1793 in the previous session, and the British pound increased to $1.3182 from $1.3168 in the previous session, Xinhua reported. The Australian dollar climbed to $0.7589 from $0...

29 days ago
US dollar rises amid economic data

New York, Nov 16 (IANS) The US dollar rose against most major currencies as investors digested major economic data. In late New York trading on Wednesday, the euro declined to $1.1793 from $1.1795 in the previous session, and the British pound decreased to $1.3168 from $1.3170 in the previous session, Xinhua reported. The Australian dollar dropped to $0.7584 from $0.7635.

1 month ago
US dollar declines amid tax reform uncertainty

New York, Nov 15 (IANS) The US dollar declined against most major currencies as uncertainty about proposed tax reform and the economy's ability to more interest rate hikes remains. In late New York trading on Tuesday, the euro increased to $1.1795 from $1.1668 in the previous session, and the British pound increased to $1.3170 from $1.3116 in the previous session, Xinhua news agency repo...

1 month ago
US dollar rises against most major currencies

New York, Nov 14 (IANS) The US dollar rose against most major currencies as investors awaited important economic data due out later this week. In late New York trading on Monday, the euro increased to $1.1668 from $1.1660 in the previous session, and the British pound decreased to $1.3116 from $1.3200 in the previous session, Xinhua news agency reported. The Australian dollar de...

1 month ago
US dollar rises amid Fed decision

New York, Nov 2 (IANS) The US dollar rose against most major currencies after the Federal Reserve left its benchmark interest rates unchanged. In late New York trading on Wednesday, the euro decreased to $1.1622 from $1.1653, and the British pound decreased to $1.3254 from $1.3281, Xinhua news agency reported. The Australian dollar increased to $0.7669 from $0.7660. The ...

1 month ago
US dollar rises on solid data

New York, Nov 1 (IANS) The US dollar rose against most major currencies on solid economic data. In late New York trading on Tuesday, the euro climbed to $1.1653 from $1.1633, and the British pound increased to $1.3281 from $1.3197. The Australian dollar decreased to $0.7660 from $0.7678, Xinhua news agency reported. The US dollar bought 113.68 Japanese yen, higher than 113.17 yen...

1 month ago
Newly-elected New Zealand PM to visit Australia

Canberra, Oct 31 (IANS) Australian Prime Malcolm Turnbull on Tuesday announced that his newly-elected New Zealand counterpart Jacinda Ardern will visit the country on November 5, saying he was looking forward to meet her. Confirming the visit at a press conference here, Turnbull said that Australia and New Zealand have shared a close bond for decades, likening the relationship between th...

1 month ago
US dollar declines amid profit-taking

New York, Oct 31 (IANS) The US dollar declined against other major currencies as investors moved to secure profits. In late New York trading on Monday, the euro climbed to $1.1633 from $1.1596, and the British pound increased to $1.3197 from $1.3125, Xinhua news agency reported. The Australian dollar increased to $0.7678 from $0.7667. The US dollar bought 113.17 Japanese...

1 month ago
Australia stops producing cars after Holden closes

Canberra, Oct 20 (IANS) The factory of General Motors' subsidiary Holden shut down on Friday in Adelaide, leaving Australia without any domestic automotive production. I feel very sad as we all do. It's the end of an era. You can't get away from the emotional response to the closure, Efe quoted Australian Prime Minister Malcolm Turnbull as saying. Holden, which has produced more ...

2 months ago
US dollar retreats amid economic data

New York, Oct 14 (IANS) The US dollar extended losses against most major currencies as investors mainly digested the newly-released economic data. In late New York trading on Friday, the euro decreased to $1.1819 from $1.1843 in the previous session, and the British pound increased to $1.3291 from $1.3281 in the previous session, Xinhua news agency reported. The Australian dolla...

2 months ago
US dollar ticks down amid economic data

New York, Oct 13 (IANS) The US dollar ticked down against most major currencies as investors mainly focused on the newly-released economic data. In late New York trading on Thursday, the euro decreased to $1.1843 from $1.1856 in the previous session, and the British pound increased to $1.3281 from $1.3218 in the previous session, Xinhua news agency reported. The Australian dolla...

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