* Dollar index slips back from 11-year high * Euro steady ahead of ECB policy meeting on Thursday By Masayuki Kitano TOKYO, March 4 (Reuters) – The dollar hovered below an 11-year high versus a basket of major currencies on Wednesday, as investors awaited U.S. economic data and a European Central Bank meeting later this Read More
Author: Dollar Index
The European Central Bank meets Thursday, but that is just one of roughly a dozen global central bank meetings over the next 10 days and those meetings appear to be the impetus behind increased bullish options bets on the PowerShares DB U.S. Dollar Index Bullish Fund (UUP) . “On Monday, calls, usually used to place Read More
* Euro little changed after drop against dollar * Dollar rise against yen stalls on Abe adviser’s comments * Traders position for ECB bond-buying, U.S. jobs report (Adds latest prices and quotes; changes byline and dateline; previously LONDON) By Michael Connor NEW YORK, March 3 (Reuters) – The dollar softened on Tuesday after touching an Read More
* Dollar index scales fresh 11-year peak * Yield spike on Wall Street rally, mixed data help dollar * Aussie shaky as market eyes rate cut risk (Updates details, adds quotes) By Ian Chua and Shinichi Saoshiro SYDNEY/TOKYO, March 3 (Reuters) – The dollar hit a fresh 11-year peak against a basket of major currencies Read More
It’s been a remarkable run for the dollar. In the scope of eight months, the dollar index (Exchange:.DXY) has shot up more than 19 percent against other currencies, after going nowhere for almost 10 years. Companies from IBM (IBM) to Harley-Davidson (HOG) to Google (GOOGL) to Coca-Cola (KO) to Proctor & Gamble (PG) have blamed Read More
(Bloomberg) — Janet Yellen is turning from currency traders’ best friend to their biggest foe. The most popular trade in the $ 5.3 trillion-a-day foreign-exchange market has been betting on a stronger dollar, leaving investors exposed when the Federal Reserve chair damped speculation last month of an imminent increase to interest rates. As the dollar Read More
* Dollar/yen rise stalls on comments from Japan govt adviser * Dollar index touches new 11-yr high after U.S. debt yields spike * RBA opts to leaves rate unchanged at 2.25 pct (Recasts, adds comments) By Anirban Nag LONDON, March 3 (Reuters) – The dollar eased from an 11-year peak against a basket of currencies Read More
* Dollar/yen rise stalls on comments from Japan govt adviser * Dollar index touches new 11-yr high after U.S. debt yields spike * RBA opts to leaves rate unchanged at 2.25 pct (Updates prices, adds comments) By Shinichi Saoshiro and Ian Chua TOKYO/SYDNEY, March 3 (Reuters) – The dollar pulled back a little from an Read More
* Dollar index scales 11-year highs on Fed hike expectations * Aussie dollar under pressure awaiting RBA policy decision * Brent crude plunges on speculation of Iran nuclear deal By Lisa Twaronite TOKYO, March 3 (Reuters) – The U.S. dollar hovered close to an 11-year high against a basket of currencies while Asian shares firmed Read More
By Saqib Iqbal Ahmed NEW YORK, March 2 (Reuters) – The options on a popular exchange-traded fund that allows investors to bet on the strength of the dollar attracted an unusually high volume of bullish bets on Monday, ahead of this week’s European Central Bank meeting. PowerShares DB Bullish Dollar Index Fund’s, which tracks the Read More