* Gold gains after overnight losses * Dollar index dips, Asian equities subdued * Euro zone finance ministers meet on Greece later Wednesday (Adds analyst comments, updates prices) By A. Ananthalakshmi SINGAPORE, Feb 11 (Reuters) – Gold inched up on Wednesday as the dollar took a breather after recent sharp gains and as caution prevailed Read More
Author: Dollar Index
![CDATA[ Feb. 10 (BusinessDesk) – The New Zealand dollar may extend its gains, buoyed by a recovery in dairy prices, relatively high interest rates and questions about the greenback’s ability to continue rising. The kiwi traded at 74.33 US cents as at 5pm in Wellington, from 73.70 cents late yesterday. The trade-weighted index rose to Read More
Investing.com – Investing.com – The dollar held gains against the other major currencies on Tuesday, as concerns over a potential Greek exit from the euro zone continued to dominate market sentiment. EUR/USD erased earlier losses and added 0.14% to 1.1310, supported by rumors the European Commission could propose a six-month extension to Greece’s bailout Read More
(Bloomberg) — Chinese stocks climbed with the Australian dollar amid speculation that the slowest inflation in five years allows room for further stimulus. Oil fell for the first time in four days and gold rallied. The Shanghai Composite Index climbed 0.8 percent by 1:15 p.m. in Tokyo, while a Hong Kong gauge of mainland companies 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: 11740, 11653, 11513 Resistance:11791, 11888, 11983 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
LONDON: The dollar gave back some ground on Monday as traders sold into a rally triggered by robust U.S. jobs data, while Greece held investors’ focus after Athens reaffirmed its rejection of an international bailout programme. The dollar index, an indication of the greenback’s performance against Read More
The dollar gave back some ground on Monday as traders sold into a rally triggered by robust US jobs data, while Greece held investors’ focus after Athens reaffirmed its rejection of an international bailout programme. The dollar index, an indication of the greenback’s performance against a basket of major currencies, slipped 0.3 per cent to Read More
Investing.com – Investing.com – The dollar edged lower against the other major currencies in quiet on Monday, but losses were expected to remain limited as Friday’s strong U.S. jobs data continued to support the greenback. The dollar remained supported after the Labor Department reported on Friday that the U.S. economy added 257,000 jobs in Read More
Investing.com – Investing.com – The dollar held steady against the other major currencies on Monday, after rallying over 1% on Friday as strong U.S. employment data fuelled further expectations for an upcoming U.S. rate hike. The dollar remained supported after the Labor Department reported on Friday that the U.S. economy added 257,000 jobs in Read More
SINGAPORE: The dollar index faces a strong resistance at 95.533 and may continue to hover below this level or retest support at 93.776. Resistance and support are identified respectively as the 138.2 percent and the 123.6 percent Fibonacci projection levels of an upward wave 3, which Read More