Category: Dollar
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Dollar holds gains while investors parse China’s stimulus plans By Reuters
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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%…
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Dollar at Crossroads as Trump or Harris White House Looms By Investing.com
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Investing.com – The upcoming US elections may be a crossroads for the dollar, as a Trump win is likely to initially strengthen the US currency, while a Harris win could lead to short-term weakness, but experts warn against betting on any immediate win. . -The movement in results is likely…
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Dollar slips lower, but still on course for weekly gain By Investing.com
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Investing.com – The US dollar traded with small losses on Friday, but remained on track for weekly gains as traders reassessed potential interest rate cuts from the Federal Reserve in the wake of the strong employment report. At 04:30 EST (08:30 GMT), the dollar index, which tracks the greenback against…
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Dollar push and pull yesterday but didn’t move a whole lot in the end
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In case you missed the headlines: Inflation numbers were higher than expected while initial jobless claims also jumped, with little hurricane-related impact noted. The dollar made gains on the back of this, but they were quickly erased. That’s before Bostic came in to lift the dollar again ahead of another…
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Asia FX advances, dollar little enthused by hot CPI data By Investing.com
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Investing.com — Most Asian currencies rose slightly on Friday, while the dollar fell from two-month highs although hot consumer inflation data boosted bets on a smaller interest rate cut by the Federal Reserve. But most regional currencies suffered losses in recent sessions, as recent US data indicated that interest rates…
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Trump’s desire to trash the US dollar could be blocked by the Fed & China
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High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or…
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Asia FX firms slightly, dollar steady as CPI data looms By Investing.com
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Investing.com — Most Asian currencies rose slightly on Thursday, recovering some of recent losses, while the dollar held near a seven-week high ahead of key consumer inflation data. Regional currencies suffered losses over the past week amid growing doubts about the pace of future interest rate cuts by the Federal…
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Dollar steady ahead of key inflation data By Investing.com
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Investing.com – The US dollar held near a seven-week high on Thursday ahead of the headline inflation report, while the euro remained near recent lows. At 04:15 EDT (08:15 GMT), the dollar index, which tracks the US currency against a basket of six other currencies, was trading largely unchanged at…
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New Zealand dollar has further to fall
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Investing.com – The New Zealand dollar fell after the Reserve Bank of New Zealand cut interest rates earlier this week, and UBS expects the currency to fall further against the US dollar. The Reserve Bank of New Zealand cut its policy rate by 50 basis points to 4.75% at its…
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Dollar hits 10-week high vs yen as Fed easing bets ebb ahead of CPI By Reuters
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Written by Kevin Buckland TOKYO (Reuters) – The U.S. dollar rose to a 10-week high against the yen on Thursday as markets grew more confident about the Federal Reserve’s patient approach to further monetary easing, even as a key inflation report was due later. today. The index, which measures the…
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Forexlive Americas FX news wrap 9 Oct: Dollar, yields and stocks move higher ahead of CPI
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The Reserve Bank of New Zealand cut interest rates by 50 basis points causing the New Zealand dollar to fall against all major currencies. The largest decline was against the US dollar by -1.32%, and the US dollar was the strongest among the major currencies today: US CPI data will…
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Dollar edges higher ahead of Fed minutes; euro weakens By Investing.com
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Investing.com – The US dollar rose on Wednesday ahead of an opportunity to assess US interest rate expectations, while the euro fell. At 04:10 EDT (08:10 GMT), the dollar index, which tracks the US currency against a basket of six other currencies, rose 0.1% to 102.387, not far from its…
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Dollar edges higher ahead of Fed minutes; euro weakens By Investing.com
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Investing.com – The US dollar rose on Wednesday ahead of an opportunity to assess US interest rate expectations, while the euro fell. At 04:10 EDT (08:10 GMT), the dollar index, which tracks the US currency against a basket of six other currencies, rose 0.1% to 102.387, not far from its…
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US dollar edges up to two month highs as Fed, CPI eyed By Reuters
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Written by Alden Bentley NEW YORK/LONDON (Reuters) – The U.S. dollar rose on Wednesday ahead of the release of records of the Federal Reserve’s decision in September to cut interest rates by 50 basis points, reflecting confidence that the central bank will not continue to ease aggressively. Concerns about demand…
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Buy the Aussie dollar on Chinese support
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Investing.com – Investors should look to buy the Australian dollar, according to HSBC, as the currency has three crucial tailwinds. The first, and perhaps most important, factor likely to support the dollar is policy support from China, HSBC analysts said in a note dated October 9. Chinese optimism helped lift…
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Use caution over potential US dollar weakness
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Investing.com – The US dollar received a boost last week, but UBS advised caution for those looking for a quick reversal of recent strength and only see highly selective opportunities at the moment. “Our predictions last week that ‘traditional’ G10 news linked to US labor market developments would overshadow ‘non-traditional’…
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Dollar retreats from highs; euro helped by German data By Investing.com
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Investing.com – The US dollar fell on Tuesday, but remained near seven-week highs, as traders weighed the Federal Reserve’s monetary policy outlook in the wake of last week’s strong jobs report. At 04:20 EDT (08:20 GMT), the dollar index, which tracks the US currency against a basket of six other…
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Dollar back to square one after payrolls
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Investing.com – The US dollar received a boost from a stronger-than-expected US Non-Farm Payrolls report on Friday, but UBS sees this as merely getting the greenback back to square one. “Last Friday’s non-farm payroll surprise shifted US bond yields significantly higher, which translates into a rebound in the fair value…
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Dollar eases from 7-week highs as traders weigh Fed rate path By Reuters
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Written by Ankur Banerjee and Medha Singh SINGAPORE/LONDON (Reuters) – The dollar fell from a nearly seven-week high against major currencies on Tuesday after investors weighed expectations of a U.S. interest rate cut, even as geopolitical tensions in the Middle East continued to support the currency’s safe-haven appeal. The euro…