* Dollar broadly lower early in Asia, euro back at $ 1.0650 * U.S. retail sales miss market expectations * China data including GDP next in focus By Ian Chua SYDNEY, April 15 (Reuters) – The dollar nursed broad losses early on Wednesday, having snapped six straight sessions of gains after retail sales data failed Read More
Author: Dollar Index
Despite rising stock (INDEX: .SPX) prices and a falling unemployment rate , the United States is on the brink of a catastrophic “financial crisis,” according to former U.S. presidential candidate Ron Paul . And the culprit could be the dollar (Exchange: .DXY). “There’s a huge bubble with the dollar,” Paul said on Tuesday’s ” Futures Read More
Paul declined to offer a catalyst or even a timeframe for when the dollar “bubble” could pop, but did warn that it does happen, it will be quick and unexpected. “Most of the time, these things are unforeseen,” he said. “Did anybody warn us about 2007, 2008 in Lehman Brothers? Nobody warned us about Read More
By Rodrigo Campos NEW YORK (Reuters) – The U.S. dollar tumbled on Tuesday, weighed down by mixed retail sales data and economic growth predictions, while crude rose after a surprise drop in forecasts for U.S. shale oil production. Stocks edged up on Wall Street, boosted by energy shares, with investors also focused on U.S. corporate Read More
The U.S. dollar has been on a tear in recent months, storming higher against a number of other currencies throughout the globe. But the strength in the dollar is a double-edged sword: Although it benefits consumers in some ways, it can hurt large, multinational corporations and negatively affect their stock prices. Expectations that the Federal Read More
NEW YORK (MarketWatch) — The dollar declined against its rivals Tuesday after U.S. retail sales for March missed estimates. The euro 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: 12105,12076, 12052 Resistance:12153, 12201, 12230 The Dow Jones FXCM US Dollar Index advanced as expected after breaking higher from a Triangle chart formation. Near-term resistance is in the Read More
(Repeats to widen distribution – no change in text) * Chinese stocks well supported by fund flows, stimulus talk * Singapore skips chance to further ease monetary policy * Yen makes some gains, US dollar gives a little ground By Wayne Cole SYDNEY, April 14 (Reuters) – Chinese shares extended their meteoric ascent to reach Read More
Asian index futures retreated with U.S. stocks after a surge in global equities, while the dollar held its surge against currencies of commodity-producing nations. Futures on stock indexes from Japan to Australia slipped as contracts on Hong Kong’s Hang Seng China Enterprises Index, which reached an almost seven-year high Monday, fell 0.4 percent. U.S. index Read More
![CDATA[ By Tina Morrison April 13 (BusinessDesk) – The New Zealand dollar may fall this week in the face of a resurgent greenback and as dairy futures suggest prices will decline at this week’s GlobalDairyTrade auction, raising concern about the outlook for the country’s largest export commodity. The kiwi may trade between 73.85 US cents Read More