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US dollar gains after GDP, jobless claims data; rate hike bets intact - Vimarsana News

US dollar gains after GDP, jobless claims data; rate hike bets intact

NEW YORK : The dollar rose on Thursday as weaker-than-expected U.S. economic growth in the first quarter is not likely to deter the Federal Reserve from raising interest rates next week.The advance estimate of first-quarter gross domestic product (GDP) showed a 1.1 per cent annualized rate during the peri

Dollar weakens on fresh signs of slowdown, euro rebounds - Vimarsana News

Dollar weakens on fresh signs of slowdown, euro rebounds

By Herbert Lash NEW YORK (Reuters) - The dollar retreated on Wednesday on fresh signs of a U.S. slowdown after orders for core capital goods fell more

Euro to the fore as hawkish hike looms - Vimarsana News

Euro to the fore as hawkish hike looms

SINGAPORE : The dollar was on the back foot and the euro climbed on Tuesday, as regional bank jitters had traders expecting U.S. interest rate cuts before long, while in Europe a 50 basis point hike remains a live option at next week's central bank meeting.The euro rose above $1.10 overnight and was still

US dollar, yen gain as risk appetite sours - Vimarsana News

US dollar, yen gain as risk appetite sours

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - The safe-haven dollar and yen rose on Tuesday as market sentiment turned risk-averse amid renewed worries

Dollar slips after earlier rally; China GDP beats estimates - Vimarsana News

Dollar slips after earlier rally; China GDP beats estimates

SINGAPORE : The dollar slipped on Tuesday after a sharp rise overnight as strong U.S. economic data reinforced expectations that the Federal Reserve will hike interest rates in May, while China's economic recovery gathered pace in the first quarter.The dollar index, which measures the currency against six