Dollar edges up from 5-week low vs yen, markets brush off China trade data

The dollar inched up from a five-week low against the yen and steadied against the broader basket of currencies on Friday, while the markets brushed off softer-than-expected Chinese exports figures. The dollar last stood at 115.04 yen , up about 0.3 percent from late U.S. levels after having tumbled to a five-week low of 113.75 yen on Thursday in wake of disappointment at President-elect Donald Trump's failure to elaborate on fiscal stimulus plans during a news conference a day earlier.
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Forex – Dollar gains in Asia as investors turn focus to Fed hike path

The dollar posted gains in Asia on Friday, rebounding from a sharp fall this week following market turmoil in the wake of President-elect Donald Trump's first formal news conference since taking office as investors turned attention back to rate hike prospects this year. In China, the trade balance came in at a surplus of $40.82 billion for December with exports down 6.1% and imports up 3.1%.
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NZDUSD – Kiwi Dollar Looks To Trade Above 0.7140 Vs USD

The New Zealand Dollar managed to pop higher against the US Dollar, and moved above 0.7100. There is a bullish trend line formed on the hourly chart of NZDUSD, which is acting as a support near 0.7100. Today, the New Zealand Electronic Card Retail Sales was reported by Statistics New Zealand. The result was not exciting, as there was a decline of 0.1% in sales in Dec 2016, compared with the previous month.
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Forex – Yen gains in Asia as Trump conference short of policy details

The yen gained in Asia on Thursday as the first formal press conference for Donald Trump since winning the election was seen as short on economic policy details and instead turned into a freewheeling battle with the press on the Russian election hacking claims that led to a sharp sell-off in the dollar. USD/JPY traded at 114.83, down 0.48%, while AUD/USD changed hands at 0.7457, up 0.22%. GBP/USD traded at 1.2197, down 0.22%. The U.S. dollar index eased 0.17% to 101.53. In Japan, the adjusted current account came in at a surplus of ¥1.80 trillion, wider than the ¥1.48 trillion surplus seen.
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Dollar slumps as Trump fails to clarify economic policies

The dollar sagged against the perceived safe-haven yen on Thursday, after President-elect Donald Trump's highly-anticipated news conference failed to spell out details on his promises to boost fiscal spending and cut taxes. Trump, who takes office on Jan. 20, did not elaborate on his pro-growth policies, and instead took aim at targets that included pharmaceutical companies and U.S. intelligence agencies. He accused the latter of practices reminiscent of Nazi Germany after leaks led to some U.S. media outlets to report unsubstantiated claims that he was caught in a compromising position in Russia.
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Dollar edges up, markets await Trump news conference

TOKYO (Reuters) - The dollar edged higher against a basket of major currencies on Wednesday ahead of a news conference by U.S. President-elect Donald Trump in which he is expected to spell out more about his plans for the economy. The dollar index rose 0.2 percent to 102.18 (DXY). The dollar rally sparked by Trump's surprise victory in the November election has shown signs of fading, as the index has gone from a 14-year peak of 103.82 scaled on Jan. 3 to a low of 101.30 over the past week.
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Forex – Dollar gains on yen as Trump press conference awaited

The dollar gained against the yen in Asia on Wednesday ahead of a widely-anticipated press conference by President-elect Donald Trump, his first full one since winning the Nov. 8 election. USD/JPY changed hands at 115.94, up 0.15%, while AUD/USD traded at 0.7366, down 0.04%. GBP/USD traded at 1.2180, up 0.03%. The TRump press conference comes as news agencies report that briefing materials prepared for President-elect included information that initially circulated among Trump opponents and was passed to U.S. intelligence agencies making damaging allegations about his dealings with Russians. Trump took to Twitter to deny the reports.
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