Investing.com – Investing.com – The dollar pushed lower against the other major currencies on Thursday, after the release of weak U.S. retail sales and jobless claims data, although concerns over Greece’s debt crisis continued to encourage safe-haven demand. In a report, the U.S. Commerce Department said that retail sales declined by 0.8% last month, Read More
Author: Dollar Index
(Recasts, adds U.S. data, comment, updates prices, changes byline, dateline; previous LONDON) * 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 Read More
Investing.com – Investing.com – The dollar slid lower against the other major currencies on Thursday, although demand for the safe-haven greenback remained supported by sustained concerns over Greece’s debt crisis, while markets eyed upcoming U.S. data. EUR/USD held steady at 1.1338 after talks between Greece and European Union officials ended without an agreement on Read More
Talking Points: US Dollar Vulnerable as Bearish Reversal Clues Remain S&P 500 Trying to Clear Path to Retest December High Oil Digesting Gains Above $ 53, Gold Hits 1-Month Low Can’t access the Dow Jones FXCM US Dollar Index? Try the USD basket on Mirror Trader. ** US DOLLAR TECHNICAL ANALYSIS – Prices continue to Read More
(Bloomberg) — Don’t believe everything you hear about the corrosive effect a more expensive dollar has on corporate America. U.S. businesses and the world’s largest economy can handle the greenback’s strength just fine. Companies in the Standard & Poor’s 500 Index, from drugmaker Pfizer Inc. to Microsoft Corp., Procter & Gamble Co. and Royal Caribbean Read More
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: 11807, 11740, 11653 Resistance:11876, 11963, 12103 The Dow Jones FXCM US Dollar Index continues to look vulnerable as a bearish Evening Star and negative RSI divergence warn of oncoming losses. Read More
If you’re steadfast in your belief about the strength of the dollar — now and into the near future — then you should consider looking at PowerShares DB 3x Long U.S. Dollar Index Futures ETN (UUPT). However, before you jump in, there are several things you need to know about this exchange-traded note (ETN). Some Read More
Crude oil, UUP, and SPY react to Greece’s debt plans (Part 2 of 3) (Continued from Part 1) PowerShares DB US Dollar Bullish ETF (UUP) The US dollar index was trading at 94.70 as of February 10, 2015, an increase of 0.27% from the previous day. The US dollar index appreciated on the renewed concerns Read More
Investing.com – Investing.com – The dollar held steady against the other major currencies on Wednesday, as Greece was to hold crunch talks with European Union officials later in the day. EUR/USD was almost unchanged at 1.1313. Greece’s current bailout is due to expire on February 28 and the new Greek government does not want Read More
* Dollar hovers near one-month highs vs yen * U.S. yields rise as Fed rate hike view strengthens * Euro steady ahead of crucial Greek debt meetings (Updates prices, adds comments) By Ian Chua and Masayuki Kitano SYDNEY/SINGAPORE, Feb 11 (Reuters) – The dollar hovered near a one-month high versus the yen on Wednesday, bolstered Read More