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Currency News

Chinese RMB Strengthening To 6.10 Against US Dollar By Year End, SEB Forecasts

31 Jan 2018 13:41Forbes
Nordic corporate bank SEB has revised its forecast lower on the Chinese Yuan (CNY) against the U.S dollar to 6.10 by the end of this year, an appreciation of 3.174% over their previous projection of 6.30. more

US Dollar Reflects "Weak" US Economic Policies

14 Dec 2017 11:03Seeking Alpha
The value of the US dollar has fallen throughout 2017 and currency traders have experienced their worst year since 2006. This is just the reverse of what many thought was in store for the foreign exchange market a year or so ago, and represents a major ... more

US Dollar Firmer on Strong Data

14 Dec 2017 10:18Wall Street Journal
The U.S. dollar rose as data showed the economy continues to grow amid the Federal Reserve's tightening interest-rate policy. more

Rupee strengthens against US dollar

14 Dec 2017 06:11Livemint
Mumbai: The Indian rupee strengthened against the US dollar ahead of the exit poll predictions of Gujarat election on Thursday. more

Has the US Dollar Hit Bottom? Tactical Investor

06 Dec 2017 03:00HuffPost
The bigger issue is that the Dollar appears to be putting in a base. The dollar has mounted a very strong rally since it bottomed out in 2011, so the current consolidation is to be expected. more

Rupee trades marginally lower against US dollar

05 Dec 2017 21:52Livemint
Mumbai: The Indian rupee on Wednesday weakened marginally against the US dollar after the Reserve Bank of India kept key policy rates unchanged. more

Gold Is Russian Answer To US Dollar Dominance — CPM Group

27 Nov 2017 18:56Kitco News
(Kitco News) - Russia's increased purchases of gold is not a red flag, but a clear message of diversification away from the U.S. dollar and its “monetary hegemony,” according to Jeff Christian, the CPM Group managing director. In October, Russia added ... more

Rupee weakens to fresh one-month low against US dollar ahead of inflation data

12 Nov 2017 21:56Livemint
Mumbai: The Indian rupee weakened to over one-month low against the US dollar, while bond yields hit a fresh six-month high, ahead of the Consumer Price Index (CPI)-based inflation data due on Monday after 5.30pm. more
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