NEW YORK: The dollar dropped across the board on Thursday after weaker-than-expected US economic data, although its outlook remained upbeat as many investors continued to price in an interest rate hike by the Federal Reserve some time this year. The dollar index, a gauge of its Read More
Author: Dollar Index
Investing.com – Investing.com – The dollar edged lower against the other major currencies on Friday, as downbeat U.S. consumer sentiment data added to concerns over the strength of the country’s economic recovery. In a preliminary report, the University of Michigan said its consumer sentiment index fell to 93.6 this month from 98.1 in January. Read More
* Euro heads for third week in positive territory * German GDP numbers, ECB ruling on Greece aid euro * U.S. consumer sentiment falls in February (Recasts, adds comment, U.S. data, updates prices, changes byline, dateline; previous LONDON) By Gertrude Chavez-Dreyfuss NEW YORK, Feb 13 (Reuters) – The dollar fell for a second straight session Read More
NEW YORK (MarketWatch) — The dollar traded flat against its rivals Friday as shifting growth expectations threatened the dollar’s seven-month long rally. Recent weakness in U.S. data — January retail-sales figures slumped for Read More
Investing.com – Investing.com – The dollar was lower against the other major currencies on Friday, as the previous session’s downbeat U.S. economic reports continued to weigh and markets eyed additional U.S. data due later in the trading session. Sentiment on the dollar remained vulnerable after the U.S. Department of Labor said on Thursday that Read More
(Bloomberg) — Asian stocks and European equity-index futures climbed with the ruble after a ceasefire deal in Ukraine and signs of compromise on Greece’s debt negotiations. The yen held gains on bets that the Bank of Japan won’t add stimulus and the dollar was weaker against most peers. The MSCI Asia Pacific Index added 1 Read More
Expectations that the Federal Reserve will hike interest rates later this year have powered a rally in the U.S. dollar (Exchange:.DXY), and with further gains likely, analyst warn that some dollar-denominated emerging market (EM) debt is vulnerable. “The dollar’s appreciation has pushed up the local-currency value of EM debt that is denominated in U.S. dollars, Read More
* Soft U.S. retail sales, jobless claims halt dollar’s advance * Euro up slightly but seen staying shaky on Greek debt woes * Sterling stays bullish on BOE’s inflation optimism (Adds details, quotes) By Shinichi Saoshiro TOKYO, Feb 13 (Reuters) – The dollar was on the defensive on Friday after soft U.S. economic data halted Read More
* Soft U.S. retail sales, jobless claims halt dollar’s advance * Euro up slightly but seen staying shaky on Greek debt woes * Sterling stays bullish on BOE’s inflation optimism By Shinichi Saoshiro TOKYO, Feb 13 (Reuters) – The dollar was on the defensive on Friday after soft U.S. economic data halted its surge against Read More
(Adds comment, updates prices) * U.S. retail sales, jobless claims weaker-than-expected * Greece gets assistance from ECB for banks * Swedish crown dives as central bank cuts repo rate By Gertrude Chavez-Dreyfuss NEW YORK, Feb 12 (Reuters) – The dollar dropped across the board on Thursday after weaker-than-expected U.S. economic data, although its outlook remained Read More