FOREX-Dollar set to snap 5-week streak but yen hits lowest in almost 3 years [Reuters]
NATL AUSTRALIA BK S/ADR (NABZY)
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Source: Reuters
By Kevin Buckland 4 Min Read * Fed rate hikes in focus as dollar retreats from 1-yr high * Improved risk appetite hurts safe-haven yen and dollar * Risk-sensitive Aussie trades near one-month high * U.S. retail sales on Friday to be next test for dollar * Bitcoin hits $60,000 as traders eye first U.S. ETFs TOKYO, Oct 15 (Reuters) - The dollar headed for its first weekly decline versus major peers since the start of last month, falling back from a one-year high as traders turned their attention to when the U.S. Federal Reserve will start raising interest rates. The dollar index, which measures the greenback against six rivals, slipped 0.1% to 93.945 on Friday. It is on track for about a 0.19% decline this week despite hitting the highest since Sept. 25 of last year at 94.563 on Tuesday. Improved market sentiment, which has lifted global stocks, commodity prices and bond yields, is also weighing on the safe-haven dollar. Only against the yen - another currency seen as a haven - has the
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