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Showing posts with the label Currency

Reuters | Business News | The Future of Money:

Source:  reuters.com Future of Money | Currency, Finance & Banking News BusinessFebruary 9, 2022 · 1:07 PM GMT-5 5-6 minutes CCPA Right to Opt-Out of the Sale of Your Personal Information If you are a California consumer, you have the right, at any time, to direct a business that sells your personal information to third parties to not sell your personal information. This right is referred to as the right to opt-out. You may exercise your right to opt-out of the sale of your personal information through Reuters.com by clicking here . You do not have to create an account to exercise this right. Please note that opting-out may not mean you will stop seeing advertisements. Additionally, in the event you opt-out under CCPA, but do not opt out of interest-based advertising more generally, you may still receive advertisements tailored to your interests based upon your Personal Information. For more information about yo

FX : Dollar soars versus yen after US makes trade concessions

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3 minutes - Source: CNBC Torsakarin | iStock / 360 | Getty Images The U.S. dollar took off on Tuesday morning, clobbering the Japanese yen, after the Trump administration said it would delay 10% tariffs on some Chinese products scheduled to begin next month, a significant concession in the trade conflict between Washington and Beijing. The U.S. Trade Representative said it would delay tariffs on laptops and cellphones, among other products, set to be imposed in September. The U.S. dollar rose 1.49% to 106.85 Japanese yen per dollar. The yen is a safe-haven asset which benefits in moments of geopolitical uncertainty and during economic downturns. The U.S.-China trade war had begun to affect economic growth in the United States and raise fears that the conflict could lead to a recession. Other safe havens like Treasury bonds also saw prices fall as investors moved money into riskier assets. The dollar index was 0.38% higher at 97.749, a