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Depleting reserves spell risks for emerging Asian currencies like India

There has been a sharp decline in the forex reserve of emerging Asian economies, that may hinder their capability to curb currency losses in the face of the mighty dollar

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Wall Street Poised To Open In Negative Territory

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - The Beige Book report, the U.S. trade deficit report, and Fed speeches scheduled on the day might have an influence on investor sentiments on Wednesday.Earlier

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Respite in US inflation won t divert Fed rate-hike plans

According to experts, the consumer price index is seen rising 0.2% in July against June, which will be the smallest advance since the start of 2021.

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Hiking Interest Rates Protects Financial Assets of the 1% at Workers Expense

The Fed doesn't need to hurt workers to curb inflation there are alternatives, says economist Gerald Epstein.

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Dollar holds 20-yr peak as markets bet on Fed rate hikes

A key US currency index, which tracks its performance against six peers, was at 105.3 having hit 105.65 on Tuesday, its strongest since December 2002.

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