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Stock impact report

Dollar rises against yen and Aussie as focus turns to upcoming U.S. data [CNBC]

BNP PARIBAS SPONS ADR (BNPQY) 
NASDAQ:AMEX Investor Relations: invest.bnpparibas.com/en
Company Research Source: CNBC
Nurphoto | Nurphoto | Getty Images The U.S. dollar rose against the safe-haven yen and versus the growth-sensitive Australian dollar on Tuesday as investors grew more cautious on risk and shifted their focus to data expected once the U.S. government shutdown ends. In early Asian trade, the yen touched its weakest level since February, while the risk-sensitive Australian currency held firm against the greenback. In recent days, risk-sensitive currencies such as the Australian dollar and British pound have gained, while safe-haven currencies like the yen have softened as hopes for a quick end to the U.S. government shutdown boosted appetite for risk. Market participants expect the U.S. closure to end in the next few days after the U.S. Senate on Monday approved a compromise that would restore funding for federal agencies and would stall President Donald Trump's campaign to downsize the federal workforce. Factoring in an end to the shutdown A strong run of economic indicator Show less Read more
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