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Macro funds in Asia used the dollar’s drop Thursday as an opportunity to buy it, in particular against the yen, according to traders. A Bloomberg gauge of the currency hit a one-month low after data showed cooling US inflation before recovering through the session and extending gains early Friday. The dollar-yen fell briefly below the 154 level Thursday ...
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Russia’s state-owned uranium supplier Tenex has notified US customers they have 60 days to secure a waiver exempting them from a law recently signed by President Joe Biden that bars imports of the company’s nuclear fuel. The force majeure notice seen by Bloomberg was sent to utilities including Constellation Energy Corp., the largest US nuclear plant ...