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...Some 202,000 people in the US applied for unemployment aid in the week to December 30, down from an upwardly revised 220,000 in the previous period....
...US Treasury yields fell on Thursday after jobless claims, a proxy for lay-offs, rose more than expected in a sign that higher interest rates are helping to cool the labour market....
...There is also some limited trade denominated in local currencies to avoid Ukraine-related US trade and financial sanctions....
...Yields on rate-sensitive two-year Treasuries remained 0.09 percentage points lower at 4.62 per cent. The dollar held 0.1 per cent higher against a basket of six other currencies....
...US....
...The yield on the benchmark 10-year US Treasury was up 0.09 percentage points to 4.72 per cent on Monday....
...Hungary’s currency fell 1 per cent to Ft390 per euro and the benchmark 10-year bond yield rose 0.09 percentage points to 6.35 per cent, the highest level since December, on Monday....
...The metal tends to gain when the dollar weakens, as the currency has been doing on expectations that the next move in US rates will be lower....
...Benchmark US Treasury yields have fallen 0.28 percentage points over the past week, the biggest weekly decline since the collapse of Silicon Valley Bank in March....
...Yields were at 4.09 per cent at the end of August....
...Germany’s two-year government bond yield fell 13 basis points to 3.09 per cent, while the euro fell 0.6 per cent against the dollar to $1.089....
...The tax exile built his reputation as a currency speculator when he, like George Soros, bet against the pound in the build-up to Black Wednesday in 1992....
...The currency was 0.3 per cent higher against the US dollar at $1.0950, having climbed earlier on Thursday....
...The dollar rose 0.6 per cent against a basket of six peer currencies, touching its highest level since March....
...The dollar index, a measure of the currency’s strength against a basket of six peers, gained 0.6 per cent....
...“The shift towards digital currencies requires a stable instrument that is both digitally native and easily connected to fiat currency like the US dollar,” said Dan Schulman, chief executive of PayPal....
...The central bank set the daily midpoint — around which the currency is allowed to trade 2 per cent in either direction — at Rmb7.2006 to the dollar, well above market expectations....
...The dollar gained 0.3 per cent against a basket of six peer currencies following the data release, hitting its highest level in more than a month....
...The yield on the benchmark 10-year Treasury note rose 0.09 percentage points to 4.1 per cent, reversing declines in the first few hours of the trading session....
...Zimbabwe has struggled with monetary chaos ever since hyperinflation under Mugabe obliterated the value of an earlier form of the Zimbabwe dollar in 2008-09....
...“Dollar long positions are evaporating rapidly, with [producer price] numbers all but confirming the disinflationary narrative in the US,” said Francesco Pesole, currency analyst at ING....
...The investment constituted 0.09 per cent of its S$403bn (US$298bn) portfolio....
...The analysis of the global financial crisis of 2007-09 in my book The Shifts and the Shocks largely rested on this point....
...Annual consumer prices in the 20-country single currency bloc rose 6.1 per cent in the year to May, declining from 7 per cent in April, but investors expect they will remain too high to convince policymakers...
...Brent crude, the international benchmark, rose 1.1 per cent to $77.09 a barrel, while West Texas Intermediate, the US equivalent, rose 1.4 per cent to $72.84 a barrel....
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