Currency


Analyst: Shekel’s Misbehavior to End in 2018

The extraordinary strength of the shekel is a phenomenon unjustified by fiscal conditions and will likely come to an end in 2018, according to an Israeli market analyst writing in…

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European Shares Climb on Hopes for German Coalition Deal

European shares were higher Tuesday following a downbeat day in Asia, after German Chancellor Angela Merkel said her Conservative bloc was willing to discuss forging a “stable government” with the…

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Asia Stocks Hit by China, S. Korea Weakness

Asian stocks surrendered early modest gains and retreated from a decade high on Monday, weighed by weakness in the Chinese and South Korean markets, while the euro reached a two-month…

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Bank of Israel to Continue Buying Dollars

With the dollar struggling to rise above the NIS 3.5/dollar level, the Bank of Israel has announced that it will continue its policy of buying dollars to support its value…

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Asian Shares Off 10-Year Peak, China Hits 3-Month Low

Asian shares hovered below their 10-year peak on Friday while mainland Chinese shares dropped to three-month lows after big falls the previous day on concerns about fresh government steps to…

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Dollar Dumped, Bonds Buoyant on Fed Inflation Caution

The dollar was on the defensive Thursday after suffering its worst drubbing in five months while bonds celebrated a comeback on speculation the Federal Reserve might not tighten U.S. policy…

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Asia Stocks Wilt as China Weakness Dims Mood

Asian shares pulled back on Monday, with investor sentiment hurt by a retreat on Wall Street and a slide in Chinese stocks, while the euro skidded after German coalition talks…

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U.S. Dollar, Wall St. Fall With Tax Overhaul in Focus

The U.S. dollar was lower on Friday along with Wall Street stocks as investors pulled back from technology stocks and were skeptical President Donald Trump’s Republican party would succeed in…

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Asian Shares Gain, Mueller Report Hits Dollar

Asian shares clawed back most of their weekly loss after rising firmly on Friday as strong Wall Street earnings and a step forward on U.S. tax reform brightened the mood,…

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