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Category: Forex News

Forex News

Russian rouble firms past 57 to the dollar for first time in four years

May 24, 2022May 24, 2022

The Russian rouble strengthened to levels not seen since March 2018 against the dollar on Tuesday, boosted by export-focused companies selling foreign currency to pay

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Forex News

Rouble firms, heading back towards multi-year highs vs dollar, euro

May 23, 2022May 23, 2022

The Russian rouble strengthened on Monday, heading back towards multi-year highs hit against the dollar and euro last week, supported by capital controls and an

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Forex News

Dollar loses steam after weeks-long rally

May 20, 2022May 20, 2022

The U.S. dollar was headed for its worst week since early February versus major peers on Friday, as some of the heat faded from the

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Forex News

Russian rouble returns to gains as tax payments loom

May 19, 2022May 19, 2022

The Russian rouble firmed past 63 against the dollar on Thursday, propped up by capital controls as well as looming tax payments that usually require

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Forex News

Rouble dips against dollar after Russia eases capital controls

May 18, 2022May 18, 2022

The Russian rouble weakened against the dollar on Wednesday but steadied not far from a five-year high against the euro, after losing the support of

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Forex News

Dollar Stable; Safe Haven Remains Near 20-Year High

May 16, 2022May 16, 2022

The U.S. dollar held firm in early European trade Monday, just off a 20-year high as traders sought out this safe haven amid concerns of

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Forex News

Central African bank regulator reminds states of crypto ban

May 14, 2022May 14, 2022

Central Africa’s regional banking regulator sent out a reminder on Friday about its ban on cryptocurrencies, weeks after the Central African Republic, a member state,

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Forex News

Euro falls back towards 2017 lows on Russian energy crisis

May 13, 2022May 13, 2022

The euro hovered near its weakest point since early 2017 on Friday after Russian sanctions led to disruptions in gas supplies to Europe, renewing fears

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Forex News

Dollar Strengthens After CPI; Sterling Hit by GDP Release

May 12, 2022May 12, 2022

The U.S. dollar strengthened in early European trade Thursday to a new two-decade high after U.S. inflation remained stubbornly high, while sterling weakened on disappointing

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Forex News

Dollar clings to 20-year high ahead of U.S. inflation data

May 11, 2022May 11, 2022

The dollar held close to a two-decade high on Wednesday as investors waited for fresh U.S. inflation data to anticipate how aggressively the Federal Reserve

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