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Dollar holds, yen gains as equity rout saps risk appetite ahead of payrolls

SHANGHAI/SINGAPORE: The dollar held steady against major currencies on Friday, after a sharp selloff in US equities drove investors toward haven assets such as the yen and pushed Treasury yields lower ahead of a closely ​watched government payrolls report. The trigger for the retreat from risk was a Democratic sweep in ‌Congress that hammered US stocks on Thursday, with the Nasdaq recording its…

First reported by Business Recorder 1 source
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Image: Business Recorder
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  1. Business Recorder

    Dollar holds, yen gains as equity rout saps risk appetite ahead of payrolls (opens Business Recorder in a new tab)

    SHANGHAI/SINGAPORE: The dollar held steady against major currencies on Friday, after a sharp selloff in US equities drove investors toward haven assets such as the yen and pushed Treasury yields lower ahead of a closely ​watched government payrolls report.…

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