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South Korea Has $0.62 Billion Current Account…

South Korea Industrial Output Rises 0.4% In N...

[ad_1] South Korea posted a current account deficit of $0.62 billion in November, the Bank of Korea said on Tuesday – following the $0.883 billion surplus in October. The goods account recorded a $1.57 billion deficit, down from the $6.07 billion surplus one year earlier. The services account deficit increased …

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South Korea Current Account Slips To Deficit …

South Korea Current Account Slips To Deficit ...

[ad_1] South Korea had a current account deficit of $0.62 billion in November, the Bank of Korea said on Tuesday – following the $0.883 billion surplus in October. The goods account recorded a $1.57 billion deficit, down from the $6.07 billion surplus one year earlier. The services account deficit increased …

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Dollar Sheds Ground On Hopes Fed Will Slow Do…

Dollar Sheds Ground On Hopes Fed Will Slow Do...

[ad_1] The US dollar shed ground against most of its major counterparts on Monday with investors betting on a slower pace of policy tightening by the Federal Reserve following data showing a slower pace of wage growth in December. The dollar index, which dropped to a low of 102.94 around …

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Oil Futures Settle Notably Higher On Demand H…

Oil Futures Fail To Retain Early Gains, Settl...

[ad_1] Crude oil prices climbed higher on Monday, gaining for a third straight session, amid hopes of increased demand for oil from China after the nation’s government decided to reopen the economy. A weak dollar contributed as well to the uptick in oil prices. Last week’s data showing a contract …

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Gold Futures Settle Higher As Dollar Drifts L…

Gold Futures Settle Higher As Dollar Drifts L...

[ad_1] Gold futures settled higher on Monday as the dollar shed ground against most of its major rivals amid expectations the Federal Reserve will slow its pace of policy tightening. The dollar index, which dropped to 102.94, recovered some ground, but at 103.12, was still down nearly 0.8% from the …

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U.S. Dollar Weakens Amid Expectations For Les…

Dollar Drifts Lower Against Major Counterpart...

[ad_1] The US dollar lost ground against its major counterparts in the European session on Monday, as investors bet on a slower pace of policy tightening by the Federal Reserve in the wake of a lower than expected wage growth in December. Slower than expected wage growth prompted traders to …

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