Dollar soars on upbeat U.S. data but Asian stocks wobble

HONG KONG (Reuters) – The dollar strengthened through key resistance levels on Wednesday, propelled by better-than-expected U.S. retail data, although the upbeat news was not enough to lift Asian shares, which were dragged by worries about COVID-19 and higher costs.FILE…

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Dollar climbs after hot U.S. inflation; euro dips

NEW YORK (Reuters) – The dollar rose to almost 16-month highs against the euro and other currencies on Thursday, after the hottest U.S. inflation reading in 30 years encouraged bets that the Federal Reserve would tighten monetary policy faster than…

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Subaru Unveils Solterra Global All-Electric SUV

Subaru has unveiled in Japan its all-new Solterra global all-electric SUV jointly developed with Toyota, ahead of the U.S. debut scheduled for November 17 at the LA Auto Show. The company explains that its goal was to create a practical vehicle, with capable all-wheel…

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Dollar bounces back ahead of U.S. inflation test

LONDON (Reuters) – The U.S. dollar bounced back against major peers on Wednesday after weakening over the past three days with investors ramping up bets ahead of U.S. inflation data which may heap pressure on policymakers to raise interest rates…

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