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Can Christians use marijuana? Prof details the biblical response
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Verizon results beat estimates as 5G push attracts more customers
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Risk currencies retreat on renewed reflation doubt
FILE PHOTO: Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking
July 19, 2021
By Ritvik Carvalho
LONDON (Reuters) – Riskier currencies such as the Australian dollar, the Canadian dollar and Britain’s pound retreated on Monday, while the dollar gained as investors expressed renewed scepticism over the potential for a strong economic rebound from the pandemic.
The dollar failed to make ground against the Japanese yen however – the dollar/yen currency pair traded below the 110 yen per dollar mark at 109.85, leaving the yen 0.2% higher on the day.
Dollar recovers ground as jobless claims data helps
FILE PHOTO: The European Central Bank (ECB) presents the new 50 euro note at the bank s headquarters in Frankfurt, Germany, July 5, 2016. REUTERS/Ralph Orlowski
July 15, 2021
By Saqib Iqbal Ahmed and Saikat Chatterjee
NEW YORK (Reuters) – The U.S. dollar edged higher on Thursday, recovering some of the ground lost in the prior session after the head of the Federal Reserve told Congress he saw no need to rush the shift towards tighter post-pandemic monetary policy.
The dollar index, which measures the greenback against a basket of six currencies, was 0.1% higher at 92.504. The index fell as low as 92.272 earlier in the session.