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GBPUSD


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Sterling little changed after mixed labour market data

By Samuel Indyk LONDON, Aug 16 (Reuters) - The British pound was little changed on Tuesday, having briefly fallen to its lowest level in over a week, after mixed data showed a jobs market that is still hot, although some early signs it may be starting to cool. Britain's unemployment rate held close to a half-century low, but the number of people employed grew less than expected in a Reuters poll and the number of job vacancies fell for the first time since mid-2020, the Office for National Stati
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China growth woes boost dollar, weigh down Aussie

By Kevin Buckland and Alun John TOKYO/HONG KONG, Aug 16 (Reuters) - The safe-haven U.S. dollar hit a one-week high on Tuesday after weak global economic data, particularly in China, reignited global recession fears and weighed on risk-friendly currencies like the Australian dollar. The dollar index =USD , which measures the greenback against six major peers, hit a peak of 106.81 in early European trading, regaining all its losses from last week when lower-than-expected U.S.
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Sterling falls vs dollar as focus turns to UK data

LONDON, Aug 15 (Reuters) - The British pound fell on Monday against a broadly stronger dollar at the start of a week where traders and the Bank of England (BoE) will get the latest insight into the strength of the labour market and price pressures. Focus is on jobs data on Tuesday and inflation figures on Wednesday, which could give a hint on whether the BoE opts for a second consecutive 50 basis point rate hike at its September meeting.
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Aussie, kiwi sink as China's recovery falters; yuan eases on surprise rate cut

By Kevin Buckland TOKYO, Aug 15 (Reuters) - The Australian and New Zealand dollars retreated from near two-month highs on Monday after a new batch of dissappointing data from China, a key trading partner, while the yuan weakened following a surprise rate cut. The greenback edged higher as traders continued to hawkish comments by Federal Reserve policymakers' against signs that U.S.
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Aussie, kiwi fall as China's recovery falters; yuan eases on surprise PBOC rate cut

By Kevin Buckland TOKYO, Aug 15 (Reuters) - The risk-sensitive Australian and New Zealand dollars retreated from near two-month highs against the greenback on Monday due to dissappointing data from China, a key trading partner, while the Chinese yuan weakened after a surprise cut in interest rates. The greenback edged higher as traders continued to weigh data that has raised the possibility that U.S.
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Speculators cut long U.S. dollar bets in latest week

Aug 12 (Reuters) - Speculators decreased their net long U.S. dollar positions in the latest week, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Friday. The value of the net long dollar position was $12.97 billion in the week ended Aug. 9, compared with a net long of $17.27 billion the previous week.
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Speculators cut long U.S. dollar bets in latest week

Aug 12 (Reuters) - Speculators decreased their net long U.S. dollar positions in the latest week, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Friday. The value of the net long dollar position was $12.97 billion in the week ended Aug. 9, compared with a net long of $17.27 billion the previous week.
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Pound tumbles after data shows British economy contracted in June

By Alun John Aug 12 (Reuters) - Sterling slid against a firming dollar on Friday and also lost ground on the euro as data showed Britain's economy contracted in June, even if not by as much as had been feared. The Office for National Statistics said gross domestic product fell by 0.6% in June, the biggest contraction since January 2021 but less severe than the 1.3% drop predicted by a Reuters poll of economists.
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World stocks eye fourth week of gains on Fed outlook

* MSCI world index heading for 1.8% weekly rise * European stocks up 0.35%, S&P futures increase 0.53% * Brent crude eyeing 3% weekly rise * German 10-year bond yields above 1% By Carolyn Cohn and Sam Byford LONDON/TOKYO Aug 12 (Reuters) - World stocks headed for a fourth straight week of gains on Friday as investors scaled back views on how far U.S.
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Japan's yen bears brunt of market rethink on Fed

(.) By Rae Wee and Vidya Ranganathan SINGAPORE, Aug 12 (Reuters) - The Japanese yen fell the most against a recovering U.S. dollar on Friday, as a two-day rally in equities conceded to market expectations that the Fed would have to do a lot more to contain inflation. That realisation followed speeches and statements from a bunch of Federal Reserve officials warning investors against being sanguine after this week's slight softening in inflation numbers.
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Japan's yen bears brunt of market rethink on Fed

By Rae Wee and Vidya Ranganathan SINGAPORE, Aug 12 (Reuters) - The Japanese yen fell the most against a resurgent U.S. dollar on Friday, as a two-day rally in equities conceded to market expectations that the Fed will have to do a lot more to contain inflation. That realisation followed speeches and statements from a bunch of Federal Reserve officials warning investors against being sanguine after this week's slight softening in inflation numbers.
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Stocks lose ground, Treasury yields climb after inflation data

By Sinéad Carew NEW YORK, Aug 11 (Reuters) - The S&P 500 and Nasdaq finished in the red while Treasury yields rose as investors digested signs of cooling U.S. inflation and hopes the Federal Reserve could slow interest rate hikes against warnings that the battle with rising prices was far from over. Thursday's data showed U.S. producer prices (PPI) unexpectedly fell in July amid a drop in the cost of energy products.
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Stocks lose ground, Treasury yields soar after inflation data

By Sinéad Carew NEW YORK, Aug 11 (Reuters) - The S&P 500 and Nasdaq turned negative while Treasury yields rose as investors digested signs of cooling U.S. inflation and bets the Federal Reserve could slow its rate hikes against warnings that the battle with rising prices was far from over. Thursday's data showed U.S. producer prices unexpectedly fell in July amid a drop in the cost of energy products.
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Hope for smaller rate rises lifts Wall Street, oil gains

By Sinéad Carew NEW YORK, Aug 11 (Reuters) - Wall Street stocks gained ground while the dollar eased as fresh signs of cooling inflation increased prospects that the Federal Reserve could slow down its rate hikes, even as officials warned the fight to tame rising prices is far from over. Thursday's data showed U.S. producer prices unexpectedly fell in July amid a drop in the cost of energy products, after Wednesday's surprise news that consumer prices were unchanged in July due to a drop in gas
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Sterling slumps 0.5% vs euro ahead of UK GDP data

By Joice Alves LONDON, Aug 11 (Reuters) - Sterling fell against the euro on Thursday a day ahead of gross domestic product (GDP) figures which are expected to show further signs of a weakening British economy. The pound is one of the worst performers out of the G10 currencies this year, having fallen almost 10% against the U.S. dollar in 2022. On Thursday, sterling was roughly flat against a weakening dollar on the back of softer-than-expected U.S.
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Dollar struggles to regain inflation-induced losses

By Alun John HONG KONG, Aug 11 (Reuters) - The euro and Japanese yen held onto most of their overnight gains on Thursday, having been boosted by U.S. inflation data coming in less hot than feared and sending the dollar tumbling. The European common currency was trading at $1.0285, with its 0.14% loss on the day, though it came after a 0.84% jump on Wednesday - its biggest daily percentage gain since mid-June.
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Dollar bruised after U.S. inflation comes in below expectations

By Alun John HONG KONG, Aug 11 (Reuters) - The euro and Japanese yen were sitting pretty on Thursday morning after U.S. inflation data overnight came in less hot than feared and sent the dollar tumbling. U.S. consumer prices were unchanged in July compared with June, when prices rose a monthly 1.3%. The July result was lower than expectations due to a sharp drop in the cost of petrol, causing markets to reposition on hopes that inflation was peaking.
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Stocks rally, dollar falls on easing inflation

(Updates after U.S. stock market close) * Wall Street rallies with Nasdaq leading gains * CPI was flat in July after rising 1.3% in June * In 12 months through July, CPI rose 8.5% vs 9.1% in June By Sinéad Carew NEW YORK, Aug 10 (Reuters) - Wall Street equities rallied and the dollar tumbled after signs of sharply decelerating U.S. inflation prompted bets that the Federal Reserve would raise interest rates at a slower pace than previously expected.
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Dollar drops on cooler-than-expected U.S. inflation data

By John McCrank NEW YORK, Aug 10 (Reuters) - The dollar fell broadly on Wednesday following a cooler-than-expected U.S. inflation report for July that raised expectations of a less aggressive interest rate hike cycle than previously anticipated from the Federal Reserve. U.S. consumer prices were unchanged on a monthly basis in July as the cost of gasoline plunged, delivering the first notable sign of relief for Americans who have watched inflation climb over the past two years.
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Stocks climb, dollar falls after inflation data

* Wall Street rallies with Nasdaq leading gains * CPI was flat in July after rising 1.3% in June * In 12 months through July, CPI rose 8.5% vs 9.1% in June By Sinéad Carew NEW YORK, Aug 10 (Reuters) - Wall Street equities rallied and the dollar tumbled after signs of sharply decelerating U.S. inflation prompted bets that the Federal Reserve would raise interest rates at a slower pace than previously expected.
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