Pound jumps Central bank meetings dominated today’s European session, while US CPI was the main data in focus. The pound soared to a fresh one-year high against the dollar after the Bank of England signalled rates could go up within months. The US dollar also shined as the greenback was lifted by stronger-than-expected inflation data.
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AT&T Inc. (T) Q2 Profit & Revenue Beat The Street Amid Strong Wireless Adds ATT Inc. (NYSE:T) late Tuesday posted better than expected second quarter earnings results, driven by strong customer additions to its wireless services. The Dallas-based telecom giant, which is in the midst of a takeover deal to buy Time Warner, reported Q2 earnings
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DOLLAR POSITIVE AMID STRONG HOUSING DATA CURRENCY INVESTORS DOLLAR POSITIVE  The dollar traded higher against a basket of global currencies on Wednesday, buoyed by upbeat housing data indicating a turnaround in the sluggish pace of U.S. home building. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies,
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DOLLAR REMAINS ON THE DOWNSIDE DESPITE STRONG U.S. DATA BUZ INVESTORS DESPITE STRONG US DATA  The dollar remained on the downside against the other major currencies on Thursday, as the release of upbeat U.S. economic growth data failed to boost demand for the greenback. EUR/USD was up 0.33% at a one-year high of 1.1415. Official
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Red Hat shares on track to open at highest since 2000 after strong Q1 results BUZ INVESTORS  Red Hat shares on track  Red Hat Inc. RHT, +10.05% shares jumped more than 9% in after-hours trading Tuesday following a quarterly earnings report that beat expectations and raised projections for the year, sending prices to levels unseen since the dot-com
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