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Top News In November Reuters Today - Breaking & Trending Today

Should US keep arming Israel? Poll finds most Americans want weapon shipments to stop

“The support for halting weapons shipments is specific and unambiguous,” an economist at the think tank that commissioned the poll said. ....

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Crack in US dollar strength to spread as economy slows: Reuters poll

The dollar's recent weakness will linger for the rest of the year, according to a majority of FX strategists in a Reuters poll, who also said economic data will be the primary influencer of major currencies for the rest of 2023. A stronger-than-expected U.S. economy and rising Treasury yields as the Federal Reserve hiked interest rates to curb high inflation provided the dollar with an unassailable edge over its peers. But renewed expectations the Fed is done with its rate hikes have put the dollar at a disadvantage, with the currency losing almost 2.0% from last month's peak, leaving the dollar index up around 2% for the year. ....

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Emerging market currencies to claw back ground in 2024 as dollar fades: Reuters poll

Emerging market currencies will take well into next year to start making noticeable gains against a retreating U.S. dollar, despite a growing view the interest rate cycle has peaked, a Reuters poll of FX strategists showed. After getting battered for most of 2023, emerging market (EM) currencies have made modest gains against the dollar after the Federal Reserve held interest rates steady last week and data suggested the U.S. economy might finally be slowing. However, with most EM central banks expected to follow the Fed and cut rates next year, their respective currencies were unlikely to recoup double-digit losses they have accumulated over the past couple of years. ....

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Crack in US dollar strength to spread as economy slows

The dollar s recent weakness will linger for the rest of the year, according to a majority of FX strategists in a Reuters poll, who also said economic data will be the primary influencer of major. ....

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Indian rupee to trade near record lows despite surging growth

The Indian rupee will trade near record lows against the dollar over the coming months, according to a Reuters poll of FX strategists who also said the Reserve Bank of India would likely intervene. ....

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