Category: Dollar
-
Time has come to buy dollar, BCA says, ahead of Fed rate-cutting cycle By Investing.com
•
Investing.com — The U.S. dollar broke a four-week losing streak on Friday, and some believe it’s time to buy the greenback as the fighting spirit is expected to continue. “We had been recommending a range trading for the dollar index between 101 and 108. The dollar index has recently entered…
-
Time has come to buy dollar, BCA says, ahead of Fed rate-cutting cycle By Investing.com
•
Investing.com — The U.S. dollar broke a four-week losing streak on Friday, and some believe it’s time to buy the greenback as the fighting spirit is expected to continue. “We had been recommending a range trading for the dollar index between 101 and 108. The dollar index has recently entered…
-
Further pressure on the US dollar is likely: UBS By Investing.com
•
The US dollar is expected to face increasing downward pressure in the coming months, despite recent support from stronger-than-expected economic data. According to analysts at UBS, the outlook for the US dollar remains bearish, driven by a combination of narrowing interest rate differentials, concerns about the widening US fiscal deficit,…
-
Why US election should be dollar positive: Citi By Investing.com
•
Citi strategists on Thursday reiterated their view that the US election is “positive for the US dollar”, while acknowledging other factors that could influence the coming months, such as Federal Reserve policy, recession risks and global economic conditions. According to Citi, trade and tariff policies are expected to be the…
-
Why US election should be dollar positive: Citi By Investing.com
•
Citi strategists on Thursday reiterated their view that the US election is “positive for the US dollar”, while acknowledging other factors that could influence the coming months, such as Federal Reserve policy, recession risks and global economic conditions. According to Citi, trade and tariff policies are expected to be the…
-
Asia FX drifts higher as dollar rebound cools ahead of GDP, inflation data By Investing.com
•
Most Asian currencies rose on Thursday, albeit slightly, as the dollar’s recovery stalled ahead of key economic readings likely to weigh on expectations of interest rate cuts. Regional currencies came under renewed pressure this week as the dollar recovered from 13-month lows, amid growing speculation about how far the US…
-
Asia FX drifts higher as dollar rebound cools ahead of GDP, inflation data By Investing.com
•
Most Asian currencies rose on Thursday, albeit slightly, as the dollar’s recovery stalled ahead of key economic readings likely to weigh on expectations of interest rate cuts. Regional currencies came under renewed pressure this week as the dollar recovered from 13-month lows, amid growing speculation about how far the US…
-
ING sees limited movement in dollar amid bearish consolidation By Investing.com
•
Financial experts from ING Bank discussed the current state of the US dollar, noting that it is going through a phase of bearish consolidation and not a major decline. The forecast comes after the dollar has fallen sharply by 5% since the start of July. Market expectations have priced in…
-
ING sees limited movement in dollar amid bearish consolidation By Investing.com
•
Financial experts from ING Bank discussed the current state of the US dollar, noting that it is going through a phase of bearish consolidation and not a major decline. The forecast comes after the dollar has fallen sharply by 5% since the start of July. Market expectations have priced in…
-
Dollar edges higher ahead of key data; euro weakens on German inflation By Investing.com
•
Investing.com – The U.S. dollar edged higher on Thursday, recovering from recent lows ahead of a series of key economic readings, while the euro retreated. At 04:10 ET (09:10 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was up 0.2% at 101.182, after…
-
Kiwi rises, dollar struggles to stay afloat ahead of US inflation test By Reuters
•
Written by Ray Wee SINGAPORE (Reuters) – The New Zealand dollar made strong gains on Thursday following a positive survey of business expectations, while the U.S. dollar failed to sustain its recovery in the run-up to a key U.S. inflation reading at the end of the week. Friday’s release of…
-
Kiwi rises, dollar struggles to stay afloat ahead of US inflation test By Reuters
•
Written by Ray Wee SINGAPORE (Reuters) – The New Zealand dollar made strong gains on Thursday following a positive survey of business expectations, while the U.S. dollar failed to sustain its recovery in the run-up to a key U.S. inflation reading at the end of the week. Friday’s release of…
-
Dollar wallows near year-low as traders seek clues on Fed cuts By Reuters
•
By Brigid Riley (Reuters) – The dollar held near its lowest in more than a year against a basket of currencies on Wednesday, while sterling traded near multi-year highs, as markets focused on signs of the size of a widely expected U.S. interest rate cut next month. Cryptocurrency Bitcoin grabbed…
-
Asia FX weakens as dollar regains some ground; Aussie buoyed by sticky CPI By Investing.com
•
Most Asian currencies fell on Wednesday as the dollar clawed back more recent losses, while the Australian dollar was an outlier as firm inflation data bolstered the case for a hawkish Federal Reserve. However, the US dollar’s recovery was limited, as were losses in regional markets, as traders remained optimistic…
-
Daily FX Market Review: U.S. Dollar Weakens to New Lows of the Year!
•
the US Dollar Index Gold hit a 2024 low last week after dovish comments from Federal Reserve Chairman Jerome Powell prompted global currency markets to expect a more dovish stance from the Fed than previously thought. This has led to continued selling pressure, causing the US dollar to fall to…
-
Daily FX Market Review: U.S. Dollar Weakens to New Lows of the Year!
•
the US Dollar Index Gold hit a 2024 low last week after dovish comments from Federal Reserve Chairman Jerome Powell prompted global currency markets to expect a more dovish stance from the Fed than previously thought. This has led to continued selling pressure, causing the US dollar to fall to…
-
Forexlive Americas FX news wrap: US dollar rebounds, Daly highlights Fed put
•
High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks 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…
-
Dollar drops against yen but broadly stable after last week’s decline By Reuters
•
By Kevin Buckland and Sruthi Shankar TOKYO (Reuters) – The dollar fell to a three-week low against the yen on Monday but halted its recent slide against most other currencies as investors assessed the possibility that the U.S. Federal Reserve will soon begin a series of interest rate cuts. The…
-
US soft landing consistent with weaker dollar: Goldman Sachs By Investing.com
•
Investing.com – As the global economy faces uncertainty, the United States appears to be on track for a “soft landing,” a scenario in which the economy slows without entering a recession. This potential outcome, according to analysts at Goldman Sachs, is consistent with the weakness of the US economy. “Despite…
-
Asia FX firms, yen strong as rate cut bets put dollar at 13-mth low By Investing.com
•
Most Asian currencies rose on Monday, with the Japanese yen rising sharply amid growing bets that the Federal Reserve will cut interest rates in September, putting the dollar at a 13-month low. Most regional currencies extended their gains from last week, especially after comments from Federal Reserve Chairman Jerome Powell…