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Stock impact report

Dollar softens as a cooling oil rally lifts risk sentiment [CNBC]

Sumitomo Mitsui Financial Group Inc Unsponsored American Depositary Shares (Japan) (SMFG) 
US:NYSE Investor Relations: smfg.co.jp/english/investor
Company Research Source: CNBC
Elizabeth Fernandez | Moment | Getty Images The U.S. dollar lost ground on Wednesday as easing crude oil prices allowed for a glimmer of risk appetite ahead of a slate of central bank ?policy meetings. The currency weakened against the ?yen which pulled back from levels ?where traders had braced for Japanese intervention, ahead of a meeting in Washington between U.S. President Donald Trump and Japanese Prime Minister Sanae Takaichi. It also reversed course against the euro during the day, with the single currency edging up for a third session ahead of the start ?of ?a two-day meeting at the European Central Bank. Still, the safe-haven greenback has ?gained overall since the U.S. and Israel attacked Iran almost three weeks ago. While the war has seen oil become more expensive, prices fell more than $2 a barrel after Iraqi and Kurdish authorities agreed to resume oil exports via Turkey's Ceyhan port from Wednesday. “With the rise in crude oil prices appearing to pause for t Show less Read more
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