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  • Dollar Droops Amid Improved Risk Mood Before Fed; Aussie Pares Gain After RBA

    Dollar Droops Amid Improved Risk Mood Before Fed; Aussie Pares Gain After RBA0

    U.S. dollar sank from a one-week top against a basket of major peers on Tuesday, as traders weighed the odds of a less aggressive Federal Reserve at Wednesday’s widely watched monetary policy meeting The risk-sensitive Australian and New Zealand dollars rose from one-week lows amid a broad lift in market sentiment, but the Aussie trailed

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  • Oil prices rise as weaker dollar offsets China COVID-19 concerns

    Oil prices rise as weaker dollar offsets China COVID-19 concerns0

    Oil prices rose on Tuesday, paring losses from the previous session, as a weaker U.S. dollar offset widening COVID-19 curbs in China that have stoked fears of slowing fuel demand in the world’s second-largest oil consumer. Brent crude for January delivery rose 73 cents, or 0.8%, to $93.54 a barrel at 0406 GMT. The December

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  • Global Food Security on The Edge as Russia Exits Grain Deal

    Global Food Security on The Edge as Russia Exits Grain Deal0

    How much of a price jump is harder to predict since the safe-passage deal was already set to expire in mid-November if no agreement is reached to extend it Traders are bracing for a fresh spike in grain prices after Russia’s exit from a deal allowing Ukraine crops to move from the Black Sea to

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