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Canada adds more than one million jobs in June: ADP

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© Reuters. A woman walks past a “Help wanted” sign at a retail store in Ottawa

TORONTO (Reuters) – Canada added 1,042,900 jobs in June as business reopened after shutdowns related to COVID-19, led by hiring in the trade, transportation and utilities sector, according to a report from payroll services provider ADP released on Thursday.

The May data was revised to show 2,951,400 jobs were lost rather than a gain of 208,400. The report is derived from ADP’s payrolls data and measures more than two million workers in Canada.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



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© Reuters.

Forex – Dollar Pushes Higher, For Now; ECB, Jobless Claims Eyed

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© Reuters.

By Peter Nurse

Investing.com – The U.S. dollar has recovered moderately in early European trade Thursday, reversing earlier losses, but the long-term prognosis for the greenback continues to look less healthy.

At 3:AM ET (0700 GMT), the ICE (NYSE:) Dollar Index, which tracks the greenback against a basket of six other currencies, was up 0.1% at 96.135. dropped 0.1% to 1.1398, dropped 0.3% to 1.2544, and was flat at 106.92. 

Helping the dollar Thursday has been the continued rise of Covid-19 cases globally, as a flurry of localized outbreaks across the world pushes the overall number of infections to 13.5 million and the death toll to nearly 600,000 deaths, according to Johns Hopkins University data.

China reported a 3.2% growth in its year-on-year, a sharp bounce back from the first quarter’s 6.8% contraction, although the weakened slightly as monthly data showed a surprising drop in that suggested ongoing weakness in consumer demand. 

“Global market trends are increasingly looking like a renewed relative rotation out of the stay-at-home winners (tech, USD) towards reflation trades (, energy, EM FX) and not a global/US growth scare,” said analysts at Danske Bank, in a research note. 

“We continue to see EUR/USD as being part of this rotation,” Danske added. “With this in mind (and we have not even begun to price Brexit optimism) we have started to think we can overshoot our short-term 1M and 3M target at 1.15.”

The Dollar Index is expected to weaken about 2% to 94.1 by the second quarter of next year, according to an analyst survey compiled by Bloomberg. 

Additionally, Deutsche Bank’s Trade-Weighted Dollar Index has dropped more than 1% so far this month, Bloomberg reported, and is set to test the trendline in place since 2011, a break of which would be an important signal for dollar bears. 

Looking ahead, the European Central Bank later Thursday, but is unlikely to deliver another easing package so soon after June’s moves.

“We expect a repetition of recent comments from various governing council members, thereby striking a cautiously optimistic tone compared to the June projections,” Danske added.

Important U.S. economic data are due later Thursday, with set to a slowly improving employment situation, while analysts will be watching to see if May’s big jump in can be repeated.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



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© Reuters.

Decade of the Dollar at Imminent Risk as Slide Threatens Uptrend

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© Reuters. Decade of the Dollar at Imminent Risk as Slide Threatens Uptrend

(Bloomberg) — The slump in the dollar is threatening to bring to an imminent end its near-decade-long uptrend against major peers.

Deutsche Bank’s Trade-Weighted Dollar Index — a gauge of the currency against the U.S.’s most important trading partners — has fallen to test the trendline in place since 2011, a break of which would be an important signal for dollar bears. The index has dropped more than 1% so far this month amid weakening demand for havens, an ongoing rally in risk assets and a shift in sentiment toward currencies like the euro and yuan.

Dollar strength has been a feature of much of the last 10 years. The trade-weighted basket climbed over 40% from the 2011 low to its recent peak in March, at the height of coronavirus fears. Yet a growing chorus of commentators is calling for the currency to decline, as the global economy attempts to recover from the impact of the pandemic.

The ICE (NYSE:) — another gauge of the currency — is expected to weaken about 2% to 94.1 by the second quarter of next year, according to an analyst survey compiled by Bloomberg. It traded around the 96 level Thursday.

“Improving domestic economic trends in the euro area and China, as well as our rising conviction in structural dollar weakness over time, reinforce our view that the dollar is poised to weaken against these major currencies,” wrote Goldman Sachs Group Inc (NYSE:). strategist Zach Pandl this week.

©2020 Bloomberg L.P.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



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© Reuters.

Dollar Up Over Dimming Vaccine Hopes And Simmering U.S.-China Tensions

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© Reuters.

By Gina Lee

Investing.com – The dollar was up on Thursday morning in Asia, reversing earlier losses as investors turn towards the safe-haven asset.

Wednesday’s hopes for a COVID-19 vaccine dimmed, with doubts surfacing over the efficacy of Moderna (NASDAQ:)’s potential COVID-19 vaccine in immunizing against the disease. Moderna said on Tuesday that all 45 volunteers participating in a study for the vaccine developed high levels of virus-killing antibodies.

ANZ analysts still remained optimistic, saying in a note, “Results like this are encouraging… without a vaccine, devastating health impacts will continue, with significant economic implications. The stakes couldn’t be higher.”

But COVID-19 continues its rampage globally, with over 13.5 million cases and almost 600,000 death as of July 16, according to Johns Hopkins University data.

Meanwhile, U.S. President Donald Trump privately ruled out further sanctions against Chinese entities involved in enacting Hong Kong’s national security laws on Wednesday, attempting to diffuse escalating U.S.-China tensions.

But tensions remain in place, with China threatening to retaliate after Trump also stripped Hong Kong of its special trading privileges and signed an executive order for initial sanctions on Tuesday.

The that tracks the greenback against a basket of other currencies gained 0.01% to 96.032 by 10:12 PM ET (3:12 AM GMT).

The pair gained 0.01% to 106.94.

The pair gained 0.05% to 6.9923. China reported a 3.2% growth in its , with the country dodging a recession amid COVID-19’s economic impact. Data on June factory output, retail sales and fixed-asset investment was also released earlier in the day.

The pair lost 0.23% to 0.6991. Australia’s economy is heading into a recession as the number of cases climb and some parts of the country re-impose lockdowns. The pair fell 0.20% to 0.6557.

The pair was down 0.08% to 1.2569. Tensions between the U.K. and China are also rising over the U.K. directive to purge Huawei equipment from the country’s telecommunication network by 2027.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



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© Reuters. FILE PHOTO: Stacks of U.S. $100 notes are piled up after counting at the Korea Exchange Bank in Seoul

Dollar nurses losses as investors wait for China data

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© Reuters. FILE PHOTO: Stacks of U.S. $100 notes are piled up after counting at the Korea Exchange Bank in Seoul

By Tom Westbrook

SINGAPORE (Reuters) – The dollar nursed losses on Thursday and riskier currencies found support on signs of progress in developing a coronavirus vaccine, even as the virus itself continues to spread and investors fret over simmering Sino-U.S. tensions.

The growth-sensitive Australian dollar held close to 70 cents and near a month high. The euro () hovered just below a four-month top touched overnight on hopes that European leaders can agree on a recovery fund.

The mood pushed the safe-haven Swiss franc half a percent lower overnight and it lifted the crude price and oil exporters’ currencies along with it. The Norwegian krone rose to a one-month high of 9.2715 per dollar and the Canadian dollar advanced to a week high of 1.1305 on the greenback. [O/R]

Moves in Asian morning trade were small as markets waited for Chinese growth data due around 0200 GMT for the latest update on the recovery of the world’s second-largest economy.

Both the euro and the are now testing key resistance levels, ANZ analysts said, with sentiment favouring the upside after the positive early results from a test of U.S. company Moderna ‘s (O:) experimental vaccine.

Study results showed all 45 healthy volunteers given doses of the Moderna vaccine had high levels of virus-killing antibodies, although the experimental drug’s efficacy in stopping the virus is not yet clear.

“Results like this are encouraging,” the ANZ analysts said in a note. “Without a vaccine, devastating health impacts will continue, with significant economic implications. The stakes couldn’t be higher.”

The Australian dollar last sat at $0.7000 and the euro at $1.1415. The New Zealand dollar spent the morning either side of flat and last bought $0.6564.

Gains were capped by worries about surging infections across the United States where new cases are rising by about 60,000 per day.

Global tension also remains elevated, with Britain ordering equipment from China’s Huawei be purged from its communications network by 2027, prompting a warning from Beijing, and China and the U.S. at loggerheads over issues from trade to technology.

President Donald Trump has not ruled out additional sanctions on top Chinese officials over Beijing’s crackdown in Hong Kong, a White House spokesman said on Tuesday.

Sterling held steady at $1.2591 and the yen was very marginally firmer at 106.86 per dollar.

Investors’ focus in the Asian day is on second-quarter GDP data from China, along with June factory output, retail sales and fixed-asset investment.

A Reuters poll found analysts expect China to report 2.5% growth, reversing a 6.8% first-quarter decline driven by the pandemic.

Markets also expect to see unemployment on the rise in Australia, and the Aussie could come under pressure if the jobless rate turns out worse than the 7.4% consensus expectation. Data is due at 0130 GMT.

All 30 analysts polled by Reuters see the Bank of Korea keeping rates unchanged at 0.50% around 0100 GMT, while it is a closer call in Indonesia where the rupiah has been on a slide leading in to Thursday’s central bank meeting.

Fourteen of 26 analysts see BI cutting rates by 25 basis points, with a decision due around 0700 GMT.

The rupiah has been among the worst performing currencies in Asia this week, falling about 0.6% against the dollar.

Against a basket of currencies () the dollar is down 0.6% this week so far and last sat at 96.019, just above a one-month low struck overnight.



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USD/CAD Falls to One-Week Low as BoC Says Economy Avoided Worst Case Scenarios

USD/CAD Falls to One-Week Low as BoC Says Economy Avoided Worst Case Scenarios

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By Yasin Ebrahim

Investing.com – The loonie gained on the dollar on Wednesday after the Bank of Canada kept its key interest rate unchanged and said the slump in the economy was not as bad as feared.

fell 0.73% to C$1.3512, its lowest in since July 9.

The Bank of Canada (BoC) kept its benchmark interest rate at the effective lower bound of 0.25% and vowed to keep rates unchanged until at least 2023.

In a boost to hopes of a robust recovery, the central bank said recent data had suggested the economy had bottomed in April.

“We now estimate that the economy contracted by about 15 percent in the first half of this year,” the central bank said in its monetary policy statement. “As deep as this is, it suggests the economy has avoided the most dire scenarios we laid out in the April MPRIn the third quarter, we expect to continue to see a strong rebound in jobs and output.”

The BoC did, however, its 2022 growth outlook, indicating that “permanent scarring from the COVID-19 pandemic (less investment, less immigration, permanent business closures) will reduce the economy’s long-term productive capacity by 4%,” RBC said.

The central bank also pledged to continue to purchase bonds in an effort to keep rates low across the yield curve and support lending activity.

“The bank will continue its large-scale asset purchase program at a pace of “at least $5 billion per week of government of Canada bonds,” said BoC governor Tiff Macklem.

Beyond monetary policy, the loonie was also supported by a rise in oil prices and upbeat Canadian manufacturing data.

Manufacturing sales in Canada rose by 10.7% in May, beating expectations for a 9.5% increase.

Manufacturing could likely build on the gains made in May as early reports for June – improvements in the Canada manufacturing PMI and a jump in manufacturing hours worked –  have been a “little more positive,” RBC added.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



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© Reuters. FILE PHOTO: A woman wearing a protective mask carries glasses of fruit juice by the swimming pool of the Sofitel Legend Metropole hotel in Hanoi

Tourism in emerging markets faces slow recovery from virus wipe-out: IIF

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© Reuters. FILE PHOTO: A woman wearing a protective mask carries glasses of fruit juice by the swimming pool of the Sofitel Legend Metropole hotel in Hanoi

LONDON (Reuters) – The coronavirus crisis decimated tourism in developing countries such as the Dominican Republic, Turkey, Vietnam and Cambodia in the first half of the year, battering a sector vital to many developing economies, high frequency data showed.

Countries around the world shuttered their economies and imposed travel restrictions earlier this year to halt the spread of the coronavirus which has killed more than 578,000 people.

“COVID-19 and the lockdown measures introduced to address the public health crisis present an unprecedented challenge, as an almost complete collapse of international travel and tourism has taken place since late in 2020 Q1,” Elina Ribakova, deputy chief economist at the Institute of International Finance (IIF) said in a report on Wednesday.

Tourist arrivals tumbled by nearly 100% in the Dominican Republic and Turkey in May, while Vietnam suffered a similar wipe-out in June and Cambodia in April, the IIF report found.

Smaller countries such as Cambodia, Georgia or Croatia felt the hit especially keenly, as international tourism receipts account for more than a fifth of their gross domestic product, the IIF said.

For a graphic on IIF tourism:

https://fingfx.thomsonreuters.com/gfx/mkt/xklvyzwaqpg/IIF%20tourism.PNG

While many countries have begun emerging from lockdown in recent weeks, a recovery of tourism might be some time off and gradual as travel restrictions remain in place in more than 150 countries.

Many airline fleets are largely grounded and cruises effectively shut down in many places. Furthermore, consumer behaviour has changed in the wake of the pandemic, the IIF said.

A baseline scenario which predicts a gradual recovery with international arrivals reaching half of last year’s total by the end of 2020 would still translate into a decline of two-thirds over the year.

“A full recovery will likely take more than two years, and a second wave of lockdowns in tourist-generating countries could make matters worse,” Ribakova said.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



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© Reuters.

Forex – Euro Hits 4-Month High; EU Leaders Set to Discuss Recovery Fund

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© Reuters.

By Peter Nurse

Investing.com – The euro has been in demand in early European trade Wednesday, hitting a four-month high after Federal Reserve Governor Lael Brainard hinted at a need for an even easier monetary policy in the U.S.

The dollar also suffered more broadly from a rise in risk appetite after positive test data for one of the lead candidates for a Covid-19 vaccine late, published late on Tuesday.

At 2:55 AM ET (0655 GMT), gained 0.1% to 1.1408, after reaching its highest level since March 10 at $1.1423 earlier in the session. dropped 0.2% to 0.9060, with sterling helped by stronger than expected inflation figures in June, but the euro had posted a two-week high of 0.9112 late Tuesday.

Additionally, the , which tracks the greenback against a basket of six other currencies, was down 0.1% at 96.093, gained 0.4% to 1.2595 and was flat at 107.23. 

The single currency has benefited of late–it’s up 1.3% against the dollar over the last month–from the perception that the region has handled the Covid-19 crisis better than most.

“Germany, France and Italy have all taken severe lockdown steps and as a result the coronavirus now appears to be under control. The economy could be gradually recovering,” said Bart Wakabayashi, Tokyo Branch manager of State Street (NYSE:) Bank and Trust, to Reuters.

The economic picture still is grim, however. Only last week, the European Commission downgraded its outlook for the EU economy, saying it would now contract by 8.3% in 2020. However, recent confidence data have tended upward, with Tuesday’s German ZEW survey pointing to continued optimism over the next six months.

Looking ahead, “the forthcoming ECB meeting should not change much, with the discussion/progress on an EU Recovery Fund being a more important short-term driver for the EUR/USD,” said analysts at ING, in a research note.

There still remain doubts about whether the EU leaders will reach agreement on a 750-billion-euro pandemic recovery fund at this week’s summit, amid resistance from more frugal member states.

That said, German Chancellor Angela Merkel, who now holds the presidency of the EU Council, was in no doubt of the need of the fund and the importance of its size.

“Because the task is enormous, the answer must also be huge,” she said Monday, after hosting Italian Prime Minister Giuseppe Conte for talks.

“It must be particularly powerful in order to signal clearly that Europe wants to hold together in this difficult time. There is a political dimension to it”.

Any potential progress on the recovery fund at the EU summit “should translate into support for EUR/USD for the remainder of the week, with the ECB meeting playing second fiddle,” ING added.

 

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



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Euro hits four-month high vs. dollar on stimulus, recovery hopes

Euro hits four-month high vs. dollar on stimulus, recovery hopes

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By Hideyuki Sano

TOKYO (Reuters) – The euro rose to a four-month high against the dollar on Wednesday on hopes European Union leaders may agree on stimulus and deepening fiscal integration to shield the economy from the pandemic.

The dollar was on the defensive, particularly against other growth-leveraged currencies such as the Australian dollar, following an uptick in U.S. inflation and news of progress in vaccine development.

The euro rose to as high as $1.1423 (), its highest level since March 10 and not far off its peak so far this year of $1.1495.

Against the yen, the common currency hit one-month high of 122.47 () while it scaled a two-week high against the British pound at 91.125 pence ().

“Germany, France and Italy have all taken severe lockdown steps and as a result the coronavirus now appears to be under control. The economy could be gradually recovering,” said Bart Wakabayashi, Tokyo Branch manager of State Street (NYSE:) Bank and Trust.

The euro has been helped by hopes the European Union could agree at its summit later this week on a rescue financing package that will limit the economic damage to the bloc from the coronavirus pandemic.

The euro’s strength helped to push the to 96.056, one-month low.

The dollar extended losses on Tuesday after U.S. consumer prices rebounded 0.6% month-on-month, the most in nearly eight years, in June, easing worries about deflationary pressures from the economic downturn.

Further boosting investors’ risk appetite, Moderna Inc’s (O:) experimental vaccine for COVID-19 showed it was safe and provoked immune responses in all 45 healthy volunteers in an ongoing early-stage study, U.S. researchers reported on Tuesday.

Against that backdrop, the risk-sensitive Australian dollar rose 0.2% to $0.6985 .

Sterling, however, underperformed after data showed Britain’s economy was recovering more slowly than forecast.

Gross domestic product rose by 1.8% in May after falling by a record 20.8% in April, well below forecasts in a Reuters poll.

The pound last traded at $1.2571 .

The yen was little moved at 107.27 yen per dollar , off two-week high of 106.635 ahead of the Bank of Japan’s policy announcement expected later in the day.

The central bank is expected to keep monetary policy steady.

The Canadian dollar bounced back from a two-week low, changing hands at C$1.3600 per U.S. dollar , despite the prospect of travel restrictions between Canada and the United States being extended.

The Canadian central bank is expected to leave rates on hold at a policy announcement on Wednesday, with investors likely to focus on the bank’s outlook for the economy and potential guidance on its bond-buying program.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



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© Reuters.

Dollar Retreats Over Positive U.S. Data and Vaccine Hopes

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© Reuters.

By Gina Lee

Investing.com – The dollar was down on Wednesday morning in Asia, with investors continuing the previous session’s retreat from the safe-haven asset as data released on Tuesday indicated increased U.S. inflation.

The posted a 0.6% increase month-on-month, its highest in almost eight years. The figure beat analyst forecasts prepared by Investing.com, which predicted a 0.5% increase as well as May’s 0.1% decrease.

The data eased investor fears of deflationary pressures on the U.S. economy from the COVID-19 economic downturn.

Meanwhile, investors also cheered Tuesday’s report that U.S. biotech firm Moderna ‘s (NASDAQ:) experimental COVID-19 vaccine is safe and generated immune responses in all 45 volunteers who are part of the ongoing study.

The that tracks the greenback against a basket of other currencies fell 0.11% to 96.073 by 9:50 PM ET (2:50 AM GMT).

The pair was up 0.01% to 107.23. The Bank of Japan is due to release its policy statement later in the day, with monetary policies widely expected to remain unchanged.

The pair was down 0.09% to 7.0000. U.S. President Donald Trump said on Tuesday that he has issued the order to end Hong Kong’s preferential trade status with the U.S. Trump also signed legislation sanctioning Chinese entities involved with enacting the city’s national security laws.

The pair gained 0.49% to 0.7008 and the pair was up 0.32% to 0.6561. The two risk-sensitive Antipodean currencies benefitted from improved investor sentiment.

The pair gained 0.28% to 1.2584.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



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