The dollar dipped to
three-week lows on Wednesday as Treasury yields held below
recent highs and improving risk appetite reduced demand for the
safe haven currency.
* Graphic: World FX rates https://tmsnrt.rs/2RBWI5E. The dollar nursed losses near a one-month low on Wednesday as strong demand at a U.S. bond auction fuelled a widespread drop in Treasury yields, reducing the interest rate advantage the greenback held over other major currencies.
* Rouble extends gains after 1.8% jump on Tuesday. * MSCI EM stocks eye best day in two weeks. * Polish zloty supported by strong data, rate hike hopes. By Ambar Warrick. Falling global bond yields helped lift emerging market currencies and stocks on Wednesday, with Russia's rouble extending gains on hopes of easing tensions between Moscow and Washington over Ukraine.
The rouble pared losses seen in the first half of April and firmed to a two-week high on Wednesday after a phone call between U.S. President Joe Biden and his Russian counterpart Vladimir Putin helped to ease fears of imminent new sanctions. At 0903 GMT the rouble firmed 0.4% to 75.63 against the dollar after hitting 75.4525, its strongest since March 31.
* Graphic: World FX rates in 2020 http://tmsnrt.rs/2egbfVh. * Graphic: Trade-weighted sterling since Brexit vote http://tmsnrt.rs/2hwV9Hv. By Ritvik Carvalho. Sterling hit a one-week high against the dollar on Wednesday, recovering some ground after a brief dip the previous day following news the Bank of England's chief economist resigned.
* Graphic: World FX rates https://tmsnrt.rs/2RBWI5E. The dollar held near a one-month low on Wednesday as strong demand at a U.S. bond auction fuelled a widespread drop in Treasury yields, reducing the interest rate advantage the greenback held over other major currencies. In early London trading, the dollar edged 0.1% lower versus a basket of its rivals to 91.75, its lowest level since March. 19.
The rouble pared losses seen in the first half of April and firmed to a two-week high on Wednesday after a phone call between U.S. President Joe Biden and his Russian counterpart Vladimir Putin helped to ease fears of imminent new sanctions. At 0727 GMT, the rouble firmed 0.3% to 75.73 against the dollar after hitting 75.4525, its strongest since March 31.
The dollar fell to multi-week
lows against the euro and the yen on Wednesday, after an uptick
in a U.S. consumer price gauge did not spark wider fears about
accelerating inflation and the Federal ...
The dollar nursed losses near a one-month low on Wednesday as strong demand at a U.S. bond auction fuelled a widespread drop in Treasury yields, reducing the interest rate advantage the greenback held over other major currencies.
* Graphic: World FX rates https://tmsnrt.rs/2RBWI5E. The dollar stood near three-week lows against the euro and the yen on Wednesday, after a larger-than-expected uptick in a U.S. consumer price gauge did not spark wider fears about accelerating inflation and the Federal Reserve's tapering.
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