Investing.com – Investing.com – The dollar hit a 12-year peak against the other major currencies on Thursday, as mounting optimism over the strength of the U.S. economic recovery lent broad support to the greenback. The dollar continued to be underpinned after a report on Wednesday showed that the U.S. private sector added a larger-then-forecast Read More
January 2015
* Europe, Asia stocks up after U.S. snaps 5-day losing streak * Dollar index touches new 9-year high * Euro slumps to 9-year low, near 1999 starting point * Brent oil steadies at $ 51 a barrel By Marc Jones LONDON, Jan 8 (Reuters) – The dollar hit a nine-year high and stocks worldwide headed Read More
* Europe, Asia stocks up after U.S. snaps 5-day losing streak * Dollar index touches new 9-year high * Euro near 9-year low after euro zone slips into deflation * Brent oil hovers around $ 51 By Marc Jones LONDON, Jan 8 (Reuters) – The dollar hit a new 9-year high and stocks worldwide headed Read More
DailyFX.com – To receive Ilya’s analysis directly via email, please SIGN UP HERE Talking Points: US Dollar Technical Strategy: Holding Long via Mirror Trader Basket ** Support: 11648, 11577, 11489 Resistance:11719, 11807, 11950 The Dow Jones FXCM US Dollar Index continued to push higher for a fourth consecutive day, with prices setting yet another five-year Read More
The dollar rose for a fourth day versus the euro as minutes from the Federal Reserve’s latest meeting supported speculation policy makers will raise interest rates this year even as the European central bank adds stimulus. A dollar gauge versus a broader range of peers slipped from the highest level since 2005 as the record Read More
* Dollar index up 0.8 pct vs basket of currencies * Greece political anxiety lifts safe-haven bids * Investors await minutes of December Fed policy meet (Updates prices, adds comment) By Clara Denina LONDON, Jan 7 (Reuters) – Gold eased on Wednesday after a three-day winning streak as the dollar and equities strengthened, but prices Read More
Investing.com – Investing.com – The dollar hit fresh nine-year highs against the other major currencies on Wednesday, as disappointing euro zone inflation data weighed further on the single currency and growing expectations for an upcoming U.S. rate hike continued to boost the greenback. The U.S. dollar index, which measures the greenback against a basket Read More
If the dollar gets too expensive, U.S. exports like heavy equipment made by Caterpillar can get priced out of the market. Seth Perlman/AP hide caption itoggle caption Seth Perlman/AP If the dollar gets too expensive, U.S. exports like heavy equipment made by Caterpillar can get priced out of the market. Seth Perlman/AP It’s flattering to Read More
Update on gold indicators for investors: Brace for more pain (Part 4 of 20) (Continued from Part 3) The US dollar and gold Gold mainly trades in US dollars (or USD). As a result, a weaker USD makes gold cheaper for other nations to purchase. It increases their demand for gold. Also, when the dollar starts to lose value, Read More
Investing.com – Investing.com – The dollar remained near nine-year highs against the other major currencies in auiet trade on Monday, as expectations for a U.S. rate hike this year continued to lend broad support to the greenback. The U.S. dollar index, which measures the greenback against a basket of six major currencies, was up Read More