The dollar rose against the euro on Friday but was on track for its fifth straight weekly loss against the common currency, after slower U.S. consumer spending growth boosted hopes the Federal Reserve would be less aggressive in hiking interest rates.
* Canadian dollar weakens 0.1% against the greenback. * Touches its strongest level since Feb. 21 at 1.3508. * Canadian GDP rises 0.5% in January. * Canadian bond yields ease across curve. By Fergal Smith.
Most major Latin American
currencies strengthened on Friday as the dollar pared gains
after U.S. inflation showed signs of cooling, with the MSCI's
index heading for its best quarterly ...
Most major Latin American
currencies strengthened on Friday as the dollar pared back gains
as U.S. inflation showed signs of cooling, with the MSCI's index
heading for its best quarterly ...
* This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine. By Alexander Marrow. The Russian rouble slumped to a more than 11-month low against the dollar and euro on Friday, buffeted by geopolitical headwinds over the conflict in Ukraine and struggling to benefit from higher oil prices.
The dollar pared gains against the euro on Friday after U.S. data showed personal consumption expenditure growth slowed in February, supporting hopes of a softer monetary policy approach from the Federal Reserve.
* Drop in euro zone, U.S. inflation data bolsters market mood. * Nikkei rises 1%, Hong Kong up 0.6% after China PMIs beat f'casts. * Two-year Treasuries enjoy biggest monthly rally since 2008. * Euro up 3% this month, yen 2.5% higher, gold surges 8% By Marc Jones.
* Canadian dollar weakens 0.1% against the greenback. * Touches its strongest since Feb. 21 at 1.3508. * Canadian GDP rises 0.5% in January. * Canadian bond yields trade mixed across curve.
The dollar pared gains against the euro on Friday after U.S. data showed personal consumption expenditure growth slowed in February, supporting hopes of a softer monetary policy approach from the Federal Reserve. The euro was 0.17% lower at $1.08855 after the data.
The euro was
heading for its best week since mid-January on Friday after
inflation data left markets positioned for more rate rises in
the euro zone than in the United States, while the dollar ...
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