Category: Dollar

  • Shekel gains continue, bucking global trend against dollar

    The shekel rises today against the US dollar and the euro. In the afternoon of interbank trading, the shekel fell 0.21% against the dollar to 3.731 shekels/dollar, and was down 0.49% against the euro at 3.926 shekels/euro. Yesterday, the Bank of Israel set the shekel-to-representative dollar rate 0.107% lower than…

  • Shekel gains continue, bucking global trend against dollar

    The shekel rises today against the US dollar and the euro. In the afternoon of interbank trading, the shekel fell 0.21% against the dollar to 3.731 shekels/dollar, and was down 0.49% against the euro at 3.926 shekels/euro. Yesterday, the Bank of Israel set the shekel-to-representative dollar rate 0.107% lower than…

  • Shekel opens week with strong gains against dollar

    The shekel is rising sharply against the US dollar today. In the afternoon, the shekel rate against the dollar fell by 1.46% against the dollar, reaching 3.674 shekels/dollar, and decreased by 0.16% against the euro, reaching 3.849 shekels/euro. Since the beginning of November, the Israeli currency has been enjoying one…

  • Shekel gains to strongest for 4-months against dollar

    Supported by expectations of a ceasefire on the northern border, the Israeli currency also reached its strongest levels in 20 months against the euro. The shekel is rising sharply today against the US dollar and against the euro. In the afternoon, the shekel rate against the dollar fell by 0.76%…

  • Solstice Announces Flow-Through Share and Hard Dollar Share Financing

    This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Published Nov 13, 2024  •  7 minute…

  • Solstice Announces Flow-Through Share and Hard Dollar Share Financing

    This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Published Nov 13, 2024  •  7 minute…

  • Shekel gains against dollar, bucking global trend

    As soon as it became clear yesterday that Donald Trump had won the US presidential election, the US dollar began to rise in the foreign exchange market, which is always the quickest of financial markets to respond. The DXY index, which measures the strength of the US dollar, rose 1.5%…

  • Trump Resurgence Sinks Emerging Markets as Dollar Surges

    (Bloomberg) — Emerging markets were hit hard by the return of the “Trump trade” on Wednesday as the dollar and U.S. yields rose after the election of Donald Trump. Most read from Bloomberg Eastern European currencies led the losses, making a gauge of emerging market currencies post its worst day…

  • Global Dollar Network Debuts With Backing From Robinhood, Galaxy Digital, Others

    Some leading cryptocurrency companies have officially formed an alliance aimed at encouraging digital asset users around the world to adopt stablecoins. Robinhood, Kraken, Galaxy Digital, Anchorage Digital, Bullish, Nuvei, and Paxos join the launch New stablecoin Known as USDG, or Global Dollar Network, which helps integrate stablecoins into everyday financial…

  • US Stocks, Dollar Rally as Trump Nears Victory: Markets Wrap

    (Bloomberg) — Growing presidential expectations for Donald Trump spread across global markets on Wednesday, with U.S. stock futures rising, Treasury yields jumping and the dollar rising by the most since March 2020. Most read from Bloomberg S&P 500 futures rose 1.8%, 10-year bond yields rose 14 basis points to a…

  • US Stocks, Dollar Rally as Trump Nears Victory: Markets Wrap

    (Bloomberg) — Growing presidential expectations for Donald Trump spread across global markets on Wednesday, with U.S. stock futures rising, Treasury yields jumping and the dollar rising by the most since March 2020. Most read from Bloomberg S&P 500 futures rose 1.8%, 10-year bond yields rose 14 basis points to a…

  • New Zealand Dollar Rises as Robust Wage Growth Outweighs Q3 Job Decline

    New Zealand’s labor market slowed slightly in Q3 2024, with employment falling by 0.5% quarter-on-quarter (versus an expected 0.4% decline) and the unemployment rate rising from 4.6% to 4.8%. The labor force participation rate also declined to 71.2% compared to 71.7% in the previous quarter. Furthermore, job gains last quarter…

  • Dollar Weakens as US Polls Signal No Clear Leader: Markets Wrap

    Breadcrumb links BMN Business The dollar fell after the latest set of opinion poll data for the US presidential elections showed no clear advantage between Kamala Harris and Donald Trump. Oil rose after OPEC+ postponed the production increase. Article writer: Bloomberg News Richard Henderson Published on November 3, 2024 •…

  • Chart Art: Is The U.S. Dollar Index Ready To Bounce Higher?

    The US dollar retreated from some of its weekly gains after an advanced GDP reading disappointed market expectations. Are we looking at an opportunity to buy the dollar at lower levels? We zoom in on the 4-hour chart to check the range setting: US Dollar Index (DXY) 4 Hour Forex…

  • Bitcoin Makes ATH Against Euro Due To Change In Dollar Strength, Details Inside

    This article is also available in Spanish. Although Bitcoin (BTC) has yet to surpass its all-time high in US dollars (ATH), the major cryptocurrency has achieved new ATH against the Euro (EUR) and some other fiat currencies. Bitcoin achieves a new ATH against the Euro Bitcoin Transgression 68,000 euros ($73,561)…

  • Dollar keeps steadier as the week looks to pick up

    Intraday changes are mild but we are seeing some interesting levels impact the USD pairs. EUR/USD is starting to move towards testing levels below 1.0900 with USD/JPY approaching the 150.00 mark. This comes despite risk trading rising further, helped by easing tensions in the Middle East. Daily chart of EUR/USD…

  • Asia FX weakens, dollar at over 2-mth high on bets of smaller rate cuts By Investing.com

    Investing.com — Most Asian currencies fell on Tuesday, while the dollar held steady at its highest level in more than two months amid continued bets that the Federal Reserve will cut interest rates at a slower pace. Comments made by Federal Reserve officials have reinforced this idea, especially after recent…

  • Dollar edges higher against major currencies as traders weigh US data By Reuters

    By Chibuike Ojoh and Alun John NEW YORK/LONDON (Reuters) – The US dollar stabilized against major currencies on Friday as markets absorbed a large number of economic data that supported the current monetary policy path of the Federal Reserve (US central bank). The Labor Department reported that its U.S. producer…

  • Dollar remains supported ahead of Fed speakers; euro awaits ECB decision By Investing.com

    Investing.com – The US dollar rose on Monday, holding on to recent gains as traders digested more stimulus announcements from China ahead of comments from a number of Federal Reserve officials. At 04:00 EST (09:00 GMT), the dollar index, which tracks the greenback against a basket of six other currencies,…

  • Dollar holds gains while investors parse China’s stimulus plans By Reuters

    Written by Vidya Ranganathan SINGAPORE (Reuters) – The dollar maintained its gains and even extended some gains in Asian trading on Monday as a holiday in Japan drained liquidity, leaving somewhat disappointing Chinese stimulus announcements at the end of the week the focus of market attention. The euro fell 0.13%…