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1 day ago
Dollar declines amid Trump comments

New York, July 21 (IANS) The US dollar went down on Friday amid President Donald Trump's criticism about the Federal Reserve's current monetary tightening. Trump told CNBC on Thursday that he was not thrilled that the US central bank is raising interest rates as the economy improves, Xinhua reported. He repeated his viewpoints on Friday in his tweet that the Fed is undoing the e...

11 days ago
US dollar rises amid economic data

New York, July 11 (IANS) The US dollar index increased against most other major currencies as investors digested a batch of economic reports. In late New York trading on Tuesday, the euro rose to $1.1749 from $1.1748 in the previous session, and the British pound was down to $1.3215 from $1.3256 in the previous session, Xinhua news agency reported. The Australian dollar fell to ...

12 days ago
US dollar rises after solid jobs report

New York, July 10 (IANS) The US dollar index increased against most other major currencies as investors continued to digest the country's nonfarm payrolls report for June. In late New York trading on Monday, the euro rose to $1.1748 from $1.1746 in the previous session, and the British pound was down to $1.3256 from $1.3283 in the previous session. The Australian dollar increased to $0.7...

15 days ago
US dollar declines amid jobs data

New York, July 7 (IANS) The US dollar went down as investors were sifting through the latest jobs data from the country. In late New York trading on Friday, the euro was up to $1.1680 from $1.1666 in the previous session, and the British pound decreased to $1.3215 from $1.3236 in the previous session. The Australian dollar climbed to $0.7429 from $0.7402, Xinhua news agency reported. ...

26 days ago
US dollar declines amid trade tensions

New York, June 26 (IANS) The US dollar index decreased against most other major currencies as investors were concerned about intensifying trade tensions between the US and its major trade partners. In late New York trading on Monday, the euro increased to $1.1703 from $1.1662 in the previous session, and the British pound rose to $1.3282 from $1.3261 in the previous session, Xinhua news ...

29 days ago
US dollar declines as euro climbs

New York, June 23 (IANS) The US dollar declined as euro rose amid positive regional economic data. In late New York trading on Friday, the euro climbed to $1.1662 from $1.1622 in the previous session, and the British pound rose to $1.3261 from $1.3253 in the previous session, Xinhua news agency reported. The Australian dollar went up to $0.7440 from $0.7389. Latest repor...

1 month ago
US dollar declines on downbeat data

New York, June 22 (IANS) The US dollar dropped as investors were digesting the latest data from the country. In late New York trading on Thursday, the euro was up to $1.1622 from $1.1589 in the previous session, and the British pound increased to $1.3253 from $1.3186 in the previous session, Xinhua news agency reported. The Australian dollar rose to $0.7389 from $0.7371. ...

1 month ago
US dollar rises amid G7 summit

Washington, June 9 (IANS) The US dollar climbed on Friday after a four-day losing streak as investors became cautious amid what is expected to be a contentious Group of Seven (G7) summit. Investors concerned over the tensions between the United States and its key trading partners. The G7 summit is set to be held in Canada from Friday to Saturday, during which trade is expected to top the...

1 month ago
US dollar rallies after strong jobs report

New York, June 2 (IANS) The US dollar index increased against most other major currencies as investors meditated on the country's better-than-expected jobs report. In late New York trading on Friday, the euro was down to $1.1663 from $1.1691 in the previous session, and the British pound increased to $1.3345 from $1.3290 in the previous session, Xinhua news agency reported. The ...

1 month ago
Former Australian deputy PM takes parliamentary leave

Canberra, May 30 (IANS) Former Australian Deputy Prime Minister Barnaby Joyce has been granted personal leave from his parliamentary duties for one month. Joyce was allowed to take the leave from Tuesday, meaning his absence will not affect votes in the Australian House of Representatives and will not jeopardise the coalition's slim one-seat majority, Xinhua news agency reported. ...

2 months ago
US dollar rises as trade tensions ease

New York, May 22 (IANS) The US dollar rose as market sentiment was boosted by an easing of trade tensions between China and the US. In late New York trading on Monday, the euro fell to $1.1772 from $1.1775 in the previous session, and the British pound was down to $1.3414 from $1.3482 in the previous session, Xinhua news agency reported. The Australian dollar was up to $0.7569 f...

2 months ago
US dollar mixed amid economic data

New York, May 19 (IANS) The US dollar traded mixed against other major currencies as investors continued to sifting a batch of economic data. In late New York trading on Friday, the euro decreased to $1.1775 from $1.1799 in the previous session, and the British pound was down to $1.3482 from $1.3508 in the previous session, Xinhua news agency reported. The Australian dollar rose...

2 months ago
US dollar rises amid Treasury yields, economic data

New York, May 18 (IANS) The US dollar traded higher against most other major currencies as Treasury yields rose sharply in recent days after solid economic data. The benchmark 10-year Treasury yield climbed over 3.11 per cent on Thursday, the first time since 2011, while the two-year yield hovered around its highest levels in a decade, Xinhua news agency reported. In late New Yor...

2 months ago
US dollar rises ahead of Fed announcement

New York, May 2 (IANS) The US dollar index on Tuesday increased against other major currencies in late trading as investors expect the Federal Reserve meeting to pave the way for a US rate hike this year. In late New York trading, the euro fell to $1.1996 from $1.2081 in the previous session, and the British pound was down to $1.3618 from $1.3749 in the previous session, Xinhua news agen...

2 months ago
Australian dollar falls to lowest in 2018

Sydney, May 1 (IANS) The Australian dollar on Tuesday fell to its lowest level in 2018 for a second straight day. When the Asian market opened on Tuesday morning, the local unit was trading at 75.31 US cents, down from 75.59 US cents on Monday, Xinhua news agency reported. On Monday, the Australian dollar fell heavily sliding to the lowest level this year against the greenback.

2 months ago
US dollar climbs on positive inflation data

New York, May 1 (IANS) The US dollar traded higher against other major currencies as inflation neared the US Federal Reserve's target, potentially signalling a faster increase in US interest rates. In late New York trading on Monday, the euro was down to $1.2081 from $1.2123 in the previous session, and the British pound decreased to $1.3749 from $1.3784 in the previous session, Xinhua n...

2 months ago
US dollar falls amid GDP report

New York, April 28 (IANS) The US dollar index decreased against most other major currencies after wavering between gains and losses, as investors digested the country's newly-released economic growth report for the first quarter of 2018. In late New York trading on Friday, the euro rose to $1.2123 from $1.2107 in the previous session, and the British pound was down to $1.3784 from $1.392...

3 months ago
Australia's economy benefit from immigration intake: Study

Canberra, April 17 (IANS) An Australian government study revealed on Tuesday that new migrant arrivals were benefiting the country's economy, not slowing it down. According to the Treasury and Home Affairs study, migrants boost the economy by up to 1 per cent each year, increasing both Australia's overall Gross Domestic Product (GDP) and GDP per person. It showed skilled migrants...

3 months ago
US dollar declines amid geopolitical tensions

New York, April 17 (IANS) The US dollar index declined as investors continued to monitor the geopolitical tensions in the Middle East. The dollar index, which tracks the greenback against six major peers, was down 0.40 per cent at 89.439 in late trading on Monday, Xinhua news agency reported. In late New York trading, the euro climbed to $1.2377 from $1.2334 in the previous sessi...

3 months ago
Australian hospital staff to receive stab-proof vests

Canberra, April 16 (IANS) Hospital staff in the state of Western Australia (WA) will soon receive stab-proof vests and panic alarms to provide them with extra protection from violent and drug affected patients. State Minister for Health Roger Cook announced on Sunday that the WA government has committed 2.2 million Australian dollars (US $1.7 million) towards protective equipment for fro...

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