Dollar drifts as investors eye Powell speech, yen wobbles near intervention zone

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Dollar drifts as investors eye Powell speech, yen wobbles near intervention zone
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Bruce Cockburn: 50 years of music, spirituality and social justice | SaltWireSINGAPORE - The U.S. dollar started Tuesday on the back foot as investors took stock of developments in the Middle East and braced for a slew of speeches by central bank officials this week headlined by Fed Chair Powell to gauge the monetary policy outlook.

Japan's top financial diplomat Masato Kanda said the yen was still perceived as a safe haven asset like the dollar and the Swiss franc despite its recent weakness, and was benefiting from demand due to the conflict in the Middle East. The dollar index, which measures the U.S. currency against six rivals, eased 0.038% to 106.20, after dropping 0.36% on Monday.

"Higher for longer , relative U.S. growth resilience and fears of broadening conflict are some of the factors that may underpin support for the dollar," Wong said.

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Feds, Atlantic premiers meeting in Ottawa as Atlantic Loop project teetersFeds, Atlantic premiers meeting in Ottawa as Atlantic Loop project teetersOTTAWA — Energy Minister Jonathan Wilkinson is meeting in Ottawa today with the premiers of Nova Scotia and New Brunswick, seeking an agreement to help the two provinces get off coal power by the end of the decade.
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Feds, Atlantic premiers meeting in Ottawa as Atlantic Loop project teetersFeds, Atlantic premiers meeting in Ottawa as Atlantic Loop project teetersOTTAWA — Energy Minister Jonathan Wilkinson is meeting in Ottawa today with the premiers of Nova Scotia and New Brunswick, seeking an agreement to help the two provinces get off coal power by the end of the decade.
Lire la suite »

Feds, Atlantic premiers meeting in Ottawa as Atlantic Loop project teetersFeds, Atlantic premiers meeting in Ottawa as Atlantic Loop project teetersOTTAWA — Energy Minister Jonathan Wilkinson is meeting in Ottawa today with the premiers of Nova Scotia and New Brunswick, seeking an agreement to help the two provinces get off coal power by the end of the decade.
Lire la suite »

Feds, Atlantic premiers meeting in Ottawa as Atlantic Loop project teetersFeds, Atlantic premiers meeting in Ottawa as Atlantic Loop project teetersOTTAWA — Energy Minister Jonathan Wilkinson is meeting in Ottawa today with the premiers of Nova Scotia and New Brunswick, seeking an agreement to help the two provinces get off coal power by the end of the decade.
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