(Bloomberg) — Asian stocks rose while the dollar held gains, with a gauge measuring the U.S. currency against major peers headed for its biggest weekly advance since January, before data on the U.S. jobs market. Oil in New York climbed. The MSCI Asia Pacific Index added 0.6 percent by 1:06 p.m. in Tokyo, paring its Read More
Author: Dollar Index
* Dollar index hovers at 11-year high, jobs data next test * Euro still struggling even as ECB goes negative on yields * ECB starts bond buying next week, lifts economic outlook By Ian Chua SYDNEY, March 6 (Reuters) – The dollar hovered at 11-year highs against a basket of major currencies early on Friday Read More
* Euro falls below $ 1.10 on dovish worries * ECB to begin bond buying next week * Dollar index touches new highs (Adds late prices, currency quotes and context) By Michael Connor NEW YORK, March 5 (Reuters) – The euro fell below $ 1.10 for the first time since 2003 on Thursday and the Read More
* Euro dips to nearly $ 1.10 on dovish worries * ECB to begin bond buying next week * Dollar index touches fresh highs (Recasts, adds euro sell-off, quotes; changes byline, dateline; previous LONDON) By Michael Connor NEW YORK, March 5 (Reuters) – The euro slumped on Thursday to record lows just above $ 1.10 Read More
* Euro falls below $ 1.10 on dovish worries * ECB to begin bond buying next week * Dollar index touches new highs (Adds euro’s extended fall and dip under $ 1.10, updates prices) By Michael Connor NEW YORK, March 5 (Reuters) – The euro fell on Thursday below $ 1.10 for the first time Read More
* Dollar index hits peak last seen in 2003 * Euro sinks below $ 1.11 to new low * U.S. private jobs data seen positive for Friday payrolls report (Adds late prices, details) By Michael Connor NEW YORK, March 4 (Reuters) – The dollar climbed to a fresh 11-1/2-year high on Wednesday, boosted by strong Read More
* Dollar index hits 11-year peak * Euro sinks below $ 1.11 to new low * U.S. jobs data seen positive for Friday payrolls report (Recasts, adds quotes and prices; changes byline and dateline; previous LONDON) By Michael Connor NEW YORK, March 4 (Reuters) – The dollar climbed to fresh highs on Wednesday, getting lift Read More
* Dollar index stays within sight of 11-year peak * Recent gains in U.S. bond yields support dollar * Euro struggles ahead of ECB policy meeting on Thursday By Patrick Graham and Anirban Nag LONDON, March 4 (Reuters) – The euro crashed through support levels that have held for more than a month on Wednesday, Read More
* Dollar index stays within sight of 11-year peak * Recent gains in U.S. bond yields support dollar * Euro struggles ahead of ECB policy meeting on Thursday By Masayuki Kitano TOKYO, March 4 (Reuters) – The dollar held firm near an 11-year high versus a basket of major currencies on Wednesday, as investors awaited Read More
What to watch for before investing in gold (Part 3 of 12) (Continued from Part 2) The US dollar and gold Gold is traded mainly in US currency, so a weaker dollar makes gold less expensive for other nations to purchase. When the price of gold goes down, it logically increases demand for the precious commodity. Also, when Read More