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Dollar falls amid economic data dump before long weekend - REUTERS

NOVEMBER 28, 2024

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NEW YORK, Nov 27 (Reuters) - The dollar fell broadly on Wednesday in thin pre-holiday trade, digesting a slew of indicators that underscored U.S. economic resilience while investors assessed the risk that President-elect Donald Trump will start a tariff war no one will win.
The decline further unwound the dollar's recent rally. Few traders were interested in building or holding positions before a long Thanksgiving weekend for many of them that dovetails with month end. Markets are closed Thursday and exchanges close early on Friday.

MARKET NEWS

November 29 Nigeria-China trade relations hit $22.6bn in 2023 – Shettima - PUNCH November 29 Naira maintains gain across markets - BUSINESSDAY November 29 Euro eases, dollar perks up in muted holiday trade - REUTERS November 29 Bank of Canada unlikely to cease rate cuts amid trade risks: TD Economics - BLOOMBERG November 29 Standard Chartered mulls sale of wealth, retail operations in Africa - REUTERS November 29 Spanish Inflation Jumps to Most Since August on Base Effects - BLOOMBERG November 29 Stock market sees first major rally since Nigeria’s rate hike - BUSINESSDAY November 29 Access Bank completes acquisition of Standard Chartered subsidiaries - PUNCH November 29 Yen hits six-week high on growing BOJ rate hike bets - REUTERS November 29 Naira appreciates to N1,740/$ in parallel market - VANGUARD November 29 Euro-Zone Inflation Accelerates But Won’t Derail ECB Rate Cuts - BLOOMBERG November 28 Nigerian Forces ‘Shot to Kill’ During Protests, Amnesty Says - BLOOMBERG November 28 Counterfeit Dollar Scare Hits FX Trade at Istanbul’s Grand Bazaar - BLOOMBERG November 28 Naira depreciation boosts foreign portfolio investments by 155.5 % - VANGUARD November 28 Canadian dollar gains as tariff-threat shock fades - REUTERS November 28 Reps to summon CBN, banks over unverified POS operators - PUNCH November 28 Naira rises to N1,745/$ in parallel market - VANGUARD November 28 Hackers Steal $17 Million From Ugandan Central Bank, Vision Says - BLOOMBERG November 28 Naira steadies after CBN’s rate hike - BUSINESSDAY November 28 South African rand stable ahead of producer inflation data and central bank review - REUTERS November 28 Dollar falls amid economic data dump before long weekend - REUTERS November 28 CBN sets new guidelines for Interbank FX trading via EFEMS - BUSINESSDAY November 28 Nigeria Customs returns 21 stolen vehicles worth N1.8bn to Canada - VANGUARD November 28 Interest rate hike: Labour, OPS project higher inflation, weaker naira - PUNCH November 28 Cardoso says inflation, FX pressures to abate early 2025 - BUSINESDAY November 28 BOE’s Lombardelli Says More Evidence Needed Before Next Rate Cut - BLOOMBERG November 28 Euro's bruising leaves global investors on edge - REUTERS November 28 European Gas Prices Fluctuate With More Cold Weather on the Way - BLOOMBERG November 28 ICYMI: Nigeria’s oil refineries to be fully privatised — Presidency - NIGERIAN TRIBUNE November 28 Ugandan shilling little-changed; to gain due to remittances - REUTERS

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