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The dollar was down on Friday morning in Asia, as positive U.S. economic data, and an improving outlook for the economic...
07/05/2021

The dollar was down on Friday morning in Asia, as positive U.S. economic data, and an improving outlook for the economic recovery from COVID-19, exerted pressure on the U.S. currency.

The U.S. Dollar Index that tracks the greenback against a basket of other currencies inched down 0.09% to 90.858 by 12:40 PM ET (4:40 AM GMT).

The USD/JPY pair inched down 0.01% to 109.06, with Japan’s April’s services Purchasing Managers Index (PMI) coming in at a better-than-expected 49.5.

The dollar edged lower in early European trade Friday, under modest pressure ahead of the monthly U.S. employment report...
07/05/2021

The dollar edged lower in early European trade Friday, under modest pressure ahead of the monthly U.S. employment report which is expected to firm up expectations of a strong economic recovery.

At 2:55 AM ET (0755 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, was down 0.1% at 90.905, near its lowest level this week.

EUR/USD traded largely flat at 1.2060, having gained 0.5% Thursday, USD/JPY rose 0.1% to 109.16, the risk-sensitive AUD/USD fell 0.2% to 0.7766, while USD/CAD rose 0.2% to 1.2176, having fallen to a 3-1/2-year low of 1.2145 overnight, helped by the Bank of Canada's recent tapering of its asset purchases and its shift to more hawkish guidance.

LONDON (Reuters) - The dollar was stuck around a one-week low on Friday, under pressure ahead of U.S. jobs data that is ...
07/05/2021

LONDON (Reuters) - The dollar was stuck around a one-week low on Friday, under pressure ahead of U.S. jobs data that is expected to underpin hopes for a strong post-pandemic economic recovery and to increase investor risk appetite.

Against a basket of major currencies, the dollar index was at 90.841, down less than 0.1% on the day at 0728 GMT. It was on track for a loss of around 0.5% on the week overall, having seen its worst day in nearly two weeks on Thursday.

The dollar was up on Thursday morning in Asia, remaining just below a two-week high ahead of a U.S. jobs report that cou...
06/05/2021

The dollar was up on Thursday morning in Asia, remaining just below a two-week high ahead of a U.S. jobs report that could provide further clues on when the U.S. Federal Reserve will start scaling back its unprecedented stimulus measures.

The U.S. Dollar Index that tracks the greenback against a basket of other currencies inched up 0.02% to 91.308 by 12:33 AM ET (4:33 AM GMT).

The USD/JPY pair edged up 0.16% to 109.36.

The dollar edged lower in early European trade Thursday, consolidating near a two-week high, ahead of a key U.S. jobs re...
06/05/2021

The dollar edged lower in early European trade Thursday, consolidating near a two-week high, ahead of a key U.S. jobs report, while traders also wait for a Bank of England policy decision.

At 2:55 AM ET (0755 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, was down 0.1% at 91.213, after rising as high as 91.436 in the previous session for the first time since April 19.

LONDON (Reuters) -The dollar fell from a two-week high on Thursday as global market risk appetite improved, while trader...
06/05/2021

LONDON (Reuters) -The dollar fell from a two-week high on Thursday as global market risk appetite improved, while traders focused on a Bank of England meeting and economic data that may provide clues on when the U.S. Federal Reserve might dial back monetary stimulus.

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