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Dollar set for biggest weekly drop since April after jobs data lowers Fed hike bets
LONDON, July 3 : The U.S. dollar was heading towards its biggest weekly loss in 12 weeks on Friday after Thursday's tepid U.S. jobs report cooled market expectations for a near-term Federal Reserve interest rate hike, providing relief for the Japanese yen. Broad dollar weakness lifted the euro to $1.1440, af
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economictimes.indiatimes.com
Strong dollar pushes yen to 40-year low as clock ticks on intervention
The Japanese yen hit a 40-year low against the dollar, sparking intervention fears. Despite past efforts, the yen continues to weaken due to a significant interest rate gap.…
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channelnewsasia.com
Dollar pushes higher, yen sinks to 40-year low
NEW YORK/LONDON, June 30 : The dollar gained on Tuesday and pushed the yen to its lowest levels since 1986, heightening expectations that direct intervention from Tokyo may be…
