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  • North American Edition2016-05-25 10:43 UTC

    The dollar traded mixed, gaining versus the yen, holding steady versus the euro, and losing ground to the Australian and New Zealand dollars. USD-JPY and EUR-JPY logged two-day highs, at 110.28 and 122.91 respectively. The Yomiuri reported that PM Abe will soon announce a delay in the planned sales tax rise, which is set for April next year. A risk-on mix of higher oil prices and rallying stock markets was also a driver of yen losses today, in accordance ... Read More 

  • European Edition2016-05-25 07:13 UTC

    The dollar traded mixed in pre-London trade in Asia, gaining versus the yen and sterling, holding steady versus the euro, and losing ground to the Australian and New Zealand dollars. USD-JPY and EUR-JPY logged two-day highs, at 110.19 and 122.80 respectively. The Yomiuri reported today that PM Abe will soon announce a delay in the planned sales tax rise, which is set for April next year, while there was a strong economist consensus in a Reuters survey ... Read More 

  • Asian Edition2016-05-24 18:15 UTC

    Solid U.S. new home sales data lifted June Fed rate hike expectations, and the dollar with them. EUR-USD fell to two-month lows of 1.1140, as USD-JPY reclaimed the 110.00 handle. USD-CAD fell briefly under 1.3100 as WTI crude headed up toward $49/bbl before fading some. Cable found support just under 1.4600, before recovering to near 1.4640. Incoming U.S. data this week, and upcoming Fedspeak, including Fed chair Yellen's speech on Friday will go quite ... Read More 

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