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0.000109541023113212 0.00142403330047098 0.000766787161792016 -0.00098586920801844 -0.00098586920801844 -0.00251944353160263 -0.00405301785518682 -0.00471026399386578
Stock impact report

Dollar at two-year high, safe havens up on stormy global economy [Reuters]

The Bank of New York Mellon Corporation (BK) 
Last the bank of new york mellon corporation earnings: 4/16 06:30 am Check Earnings Report
Company Research Source: Reuters
Dollar at two-year high, safe havens up on stormy global economy - Reuters 3 Min Read NEW YORK (Reuters) - The dollar hit its highest level in two years and the yen rose half a percent on Thursday as economic and political uncertainties swept through Europe and Asia, pinning down the euro and the yuan. Worries over German manufacturing, the impact of a trade war on Asian economies and deepening concerns over Brexit and European parliamentary elections have broadly curbed risk appetite and sent investors to perceived safe-haven assets. “Safe havens were the currencies of choice as confidence in global growth faltered,” said Joseph Manimbo, senior market analyst at Western Union Business Solutions. “The greenback and safer rivals from Japan and Switzerland were in the driver’s seat.” While the United States is not without its own worries - namely trade conflict with China - investors see the greenback as a relative safe haven because of its preeminence in the global economy and the extr Show less Read more
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