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Business & Economics

Morning Bid: Dollar swoons as BOJ hikes, euro zone grows, yuan relieved

Reuters
Summary
Nutrition label

78% Informative

Dollar fell to its lowest of the year as the Bank of Japan delivered a long-awaited interest rate rise.

Euro business unexpectedly returned to growth and President Donald Trump 's latest comments gave China a lift.

China 's yuan surged to its best level since November and Chinese stocks jumped 1-2% on Friday .

European stocks also jumped almost 1% to record highs and the euro hit its best levels in more than a month .

VR Score

89

Informative language

95

Neutral language

41

Article tone

formal

Language

English

Language complexity

63

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

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