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Author: Dollar Index
By Joseph Adinolfi, MarketWatch ICE Dollar Index closes lower for fourth straight week NEW YORK (MarketWatch) — The euro closed higher against the dollar Friday, but finished lower on the week, after the Eurogroup announced it had agreed to a four-month extension of Greece’s bailout. The shared Read More
Bucking the weak trend in Indian shares, the rupee on Friday closed with a gain of 12 paise against the American currency at 62.22 on selling of dollars by banks and exporters. Forex traders said participants bet against the dollar ahead of talks between Greece and Eurozone on bailout terms. The rupee resumed higher at Read More
Investing.com – Investing.com – The dollar remained higher against the other major currencies on Friday, supported by upbeat U.S. manufacturing data and as market sentiment broadly weakened amid mounting fears over Greece’s debt troubles. Preliminary data showed that the U.S. manufacturing purchasing managers’ index rose to 54.3 this month from 53.9 in January, beating Read More
Investing.com – Investing.com – The dollar regained ground against the other major currencies on Friday, as market sentiment broadly weakened amid mounting fears over Greece’s debt troubles, while investors awaited the release of U.S. manufacturing data later in the day. The euro pushed lower against the dollar, with EUR/USD down 0.41% to 1.1321 as Read More
* Upbeat US jobless data revives early rate hike views * Greece appears to soften stance on bailout * Market looks to euro zone meeting By Hideyuki Sano TOKYO, Feb 20 (Reuters) – The dollar held firm on Friday after upbeat U.S. jobless claims data made views swing back in favour of an earlier rate 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: 11740, 11653, 11513 Resistance:11876, 11963, 12103 The Dow Jones FXCM US Dollar Index looks to have reversed downward as expected after putting in a bearish Evening Star candlestick Read More
Travel If you have been saving for a trip to Europe, now’s a great time to go, says Tom Meyers, founder and editor of eurocheapo, because you’ll get more bang for your buck. Sure, airfares are still high despite lower oil Read More
Investing.com – Investing.com – The dollar held gains against the other major currencies on Thursday, after mixed U.S. economic reports as concerns over Greece’s debt continued to weigh on market sentiment. In a report, the Federal Reserve Bank of Philadelphia said that its manufacturing index deteriorated to a 12-month low of 5.2 this month Read More
Investing.com – Investing.com – The dollar edged higher against the other major currencies on Thursday, shrugging off indications that the Federal Reserve will hold off from hiking interest rates for longer than expected as markets eyed upcoming U.S. data. Sentiment on the dollar became vulnerable after the minutes of the Fed’s January meeting showed Read More