* Market expects Fed’s first rate rise by summer, possibly in June * U.S. stocks hit 3-week low, U.S. debt yields at 10-week high * Dollar index at 11 1/2-year high, yen just off 3-month low * Aussie, kiwi fall; Asian stocks lose more than 1 pct By Hideyuki Sano and Vidya Ranganathan TOKYO, March Read More
March 2015
* Gold holds near lowest since December * Dollar index at 11-year top after U.S. jobs report * Chinese premiums tick up to $ 6/ounce (Adds analyst comments, China premiums) By A. Ananthalakshmi SINGAPORE, March 9 (Reuters) – Gold edged up on Monday, but remained near a three-month low as the dollar hit an 11-year Read More
He’s not alone in that call. Kathy Lien, managing director of FX Strategy with BK Asset Management, similarly holds a long-term bullish perspective on the dollar, tempered by short-term bearishness. “I’m skeptical of today’s rally,” she said, noting that it was driven by a core CPI number that was in Read More
* Dollar index touches fresh 11-year high * Strong payrolls raise bets of earlier Fed hike * Eurogroup meeting to discuss Greece up next By Ian Chua SYDNEY, March 9 (Reuters) – The dollar drifted to a fresh 11-year high against a basket of major currencies early on Monday, remaining in favour as markets wagered Read More
The dollar index fell on Friday amid month-end selling but was still on track for a record eighth month of gains on better data and comments from Federal Reserve officials that bolstered bets for a rate rise later this year. The Swedish crown rose to a one-month high of 9.3250 crowns per euro after data Read More
LONDON: The dollar index slipped on Friday, pegged back by month-end selling, but was still on track for its eighth straight month of gains on better data and comments from Federal Reserve officials that bolstered bets for a rate rise this year. The index, which measures Read More
New York (AFP) – A robust US jobs report Friday sent the dollar soaring, driving a sell-off in the oil market that left the US futures benchmark back below $ 50 a barrel. West Texas Intermediate for delivery in April slid $ 1.15 to $ 49.61 on the New York Mercantile Exchange, ending near its Read More
NEWYORK (MarketWatch) — The ICE U.S. Dollar Index rose for the second- straight week Friday, after the Bureau of Labor Statistics’s February nonfarm payrolls number exceeded expectations and the euro dropped to its Read More
* Dollar index at 11-1/2-year high * U.S. jobs data for February unexpectedly strong * Euro dips under $ 1.09; ECB to start bond buying next week (Adds quotes, Treasury yield increases, futures action and late prices) By Michael Connor NEW YORK, March 6 (Reuters) – The dollar jumped to an 11-1/2-year high against a Read More
* Dollar index at new 11 1/2-year high * U.S. jobs data unexpectedly strong * Euro dips under $ 1.09; ECB to start bond buying next week (Adds dollar gains, U.S. jobs data, quotes and changes byline and dateline; previous LONDON) By Michael Connor NEW YORK, March 6 (Reuters) – The dollar jumped on Friday Read More