* Euro slips, but on track for strong weekly gains * SNB reserves data suggests intervention to weaken franc * Danish crown steady, little impact from latest rate cut (Updates prices, adds fresh comment) By Anirban Nag LONDON, Feb 6 (Reuters) – The dollar rose against a basket of currencies on Friday, before the release Read More
February 2015
Crude oil, SPY, UUP, and gold ETFs react after US growth data (Part 2 of 5) (Continued from Part 1) US Dollar Index The US Dollar Index fell after the US commerce department reported US economic growth data. The US economy grew by 2.6% in 4Q14 compared to 5% in 3Q14, which was below the Read More
Investing.com – Investing.com – The dollar remained lower against the other major currencies on Thursday, after upbeat U.S. jobless claims data and a disappointing U.S. trade balance report as market sentiment remained broadly supported. The U.S. Department of Labor said the number of individuals filing for initial jobless benefits in the week ending January Read More
Investing.com – Investing.com – The dollar dropped against the other major currencies on Thursday, as market sentiment recovered from news the European Central Bank will no longer accept Greek government bonds from banks seeking funding and investors eyed U.S. data due later in the day. EUR/USD climbed 0.81% to 1.1435, pulling away from session Read More
(Corrects erroneous data of MSCI (NYSE: MSCI – news) quote to show index rose 0.3 percent, not 1.3 percent) * Dollar recovers after worst day in more than a year * Oil retreats after four days of sharp gains * Japanese equities rise on strong Mitsubishi results By Ryan Vlastelica NEW YORK, Feb 4 (Reuters) Read More
WASHINGTON (MarketWatch) — It’s a story that’s starting to pop up in financial circles: the U.S. dollar is so strong that it’s driving down prices on a range of goods that Read More
Investing.com – Investing.com – The dollar pushed higher against the other major currencies on Wednesday, boosted by data showing that U.S. service sector activity grew at a faster rate than expected in January, while concerns over Greece’s future in the euro zone continued to weigh on sentiment. In a report, the Institute of Supply Read More
Investing.com – Investing.com – The dollar held gains against the other major currencies on Wednesday, after relatively positive U.S. private sector employment data and as uncertainty over Greece’s future in the euro zone continued to weigh on market sentiment. In a report, payroll processing firm ADP said non-farm private employment rose by 213,000 last Read More
* Dollar index rises 0.25 percent in European trade * Optimism about Greece debt proposals starting to wane * Australian and New Zealand dollars gain after China move (Releads after China reserve cut, fresh quotes) By Anirban Nag LONDON, Feb 4 (Reuters) – The Australian and New Zealand dollars rose on Wednesday after China announced Read More
* Dollar index rises 0.25 percent in European trade * Optimism about Greece debt proposals starting to wane * New Zealand dollar helped by RBNZ comments (Adds details, quotes) By Anirban Nag LONDON, Feb 4 (Reuters) – The dollar index rebounded on Wednesday, after suffering its biggest one-day fall in over a year, helped by Read More