Read MoreDollar-euro parity: What a one-to-one exchange means Treasury yields were lower at the long end of the curve, while yields on some shorter-term duration notes were higher. Those are the ones most affected by Fed rate hikes. Markets have been bracing for a potential tightening signal from the central Read More
Author: Dollar Index
Read MoreDollar-euro parity: What a one-to-one exchange means Treasury yields were lower at the long end of the curve, while yields on some shorter-term duration notes were higher. Those are the ones most affected by Fed rate hikes. Markets have been bracing for a potential tightening signal from the central Read More
The dollar has been surging recently against the euro and the yen, and according to Raoul Pal, editor of The Global Macro Investor newsletter, that strength is likely to not only continue, but accelerate. Pal told CNBC he thinks the dollar index (Intercontinental Exchange US: @DX.2) could climb another 25 percent this year alone. “If Read More
* Dollar hits nearly 12-yr high vs euro, 8-yr peak against yen * Expectations of mid-year Fed rate hike support dollar * ECB QE program sends European yields, euro lower * Greek concerns begin to return for euro (Recasts throughout, updates prices, adds comments; changes byline, dateline, previous LONDON) By Sam Forgione NEW YORK, March Read More
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* Euro zone yields hit record lows two days after QE starts * Euro weakness helps dollar index test 11-year highs * Australian dollar dips to 6-year low against greenback By Jemima Kelly LONDON, March 11 (Reuters) – The euro plumbed another 12-year low against the dollar on Wednesday, extending a broad decline since the Read More
Trades outside the equity market could prove more lucrative if a strengthening dollar brings volatility to stocks, CNBC “Fast Money” trader Pete Najarian said. “People are definitely concerned as this dollar strengthens,” Najarian said. The euro hit a 12-year low against the dollar (Exchange: EUR=) on Tuesday as the three major U.S. indexes each shed Read More
NEW YORK (MarketWatch) — The dollar rose against five of its six rival G-10 currencies Tuesday as investors worried that the Fed could raise rates prematurely, and that negotiations between Greece and its creditors could capsize. Read More
Diverging central bank policy has created a perfect launch pad for the dollar to move higher, particularly against the euro. The Fed is expected to push interest rates higher in the next several months, while the European Central Bank embarked on a quantitative easing bond buying program Monday. “Year to date, the Read More
The dollar is flexing its muscles on the prospect of higher U.S. interest rates, and it may be only half way through a dramatic move that is jarring global currency, bond, commodity and stock markets. The dollar index touched a new 12-year high Tuesday, and is now up 3 percent for the month of March. Read More