* Dollar index falls 0.2 pct after Yellen comments * Chinese buyers return to market after Lunar New Year * Palladium prices hit 6-week high at $ 805.50/oz (Updates prices) By Jan Harvey LONDON, Feb 25 (Reuters) – Gold rose on Wednesday, recovering from the previous day’s seven-week lows, after comments from Federal Reserve Chair Read More
February 2015
(Bloomberg) — The dollar retreated, while bonds advanced with precious metals after Federal Reserve Chair Janet Yellen signaled U.S. interest-rate increases aren’t imminent. The Bloomberg Dollar Spot Index lost 0.3 percent by 10:25 a.m. in London as the currency declined against all but two of its 16 major peers. Yields on 10-year debt fell from Read More
* Yellen refrains from giving clear hint on rate hike timing * Dollar bulls disappointed, greenback lower vs yen and euro * Fed still seen taking a step to normalising policy (Adds comments, details) By Anirban Nag LONDON, Feb 25 (Reuters) – The dollar fell against a basket of currencies on Wednesday after Federal Reserve 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: 11740, 11653, 11513 Resistance:11876, 11963, 12103 The Dow Jones FXCM US Dollar Index is struggling to find follow-through after falling as expected having formed a bearish Evening Star Read More
* Yellen refrains from giving clear hint on rate hike timing * Dollar bulls disappointed, greenback lower vs yen, euro * Losses light, Fed still seen taking a step to normalising policy By Shinichi Saoshiro TOKYO, Feb 25 (Reuters) – The dollar edged down against the yen and euro early on Wednesday after Federal Reserve Read More
(Bloomberg) — Emotion is trumping the dollar in the gold market. Every quarter for the past three years, the metal has moved in the opposite direction of the currency. That trend is being upended in 2015. Investors have bought bullion as a hedge against political turmoil in Europe, even as the dollar rose on prospects Read More
Investing.com – Investing.com – The dollar trimmed gains against a basket of other major currencies on Tuesday, after downbeat U.S. consumer confidence data and as Federal Reserve Chair Janet Yellensaid that rates will remain on hold for at least the next couple of meetings. In a report, the Conference Board, a market research group Read More
(Bloomberg) — The dollar rose against most of its major peers before testimony from Federal Reserve Chair Janet Yellen that may underscore prospects for higher U.S. interest rates. The Bloomberg Dollar Spot Index climbed after Richmond Fed President Jeffrey Lacker was cited by Market News International as saying the central bank may raise rates in Read More
(Bloomberg) — The dollar strengthened and Treasuries fell before Federal Reserve Chair Janet Yellen speaks to lawmakers. Yields on European corporate and government debt dropped to record lows as Greece’s creditors review a list of debt-reduction policies. The Bloomberg Dollar Spot Index climbed 0.3 percent at 7:01 a.m. in New York. The yield on 10-year Read More
The U.S. dollar has been range bound for weeks, but if Federal Reserve Chair Janet Yellen sounds more upbeat about the labor market in her testimony to Congress this week, analysts say the greenback could test recent highs against several currencies. “The U.S. dollar has been in consolidation mode. If Janet Yellen comes out sounding Read More