* Dollar hits nearly two-week low against euro * Euro helped by short-covering, Greek government proposal * Australian dollar, New Zealand dollar rebound * Dollar gives back some gains against Swiss franc (Adds comments, updates prices) By Sam Forgione NEW YORK, Feb 3 (Reuters) – The dollar posted its worst day against major currencies since Read More
Author: Dollar Index
Investing.com – Investing.com – The dollar pushed lower against the other major currencies on Tuesday, after disappointing U.S. factory orders data added to Monday’s weak U.S. economic reports, dampening optimism over the strength of the country’s recovery. In a report, the U.S. Census Bureau said factory orders declined by 3.4% in December, worse than Read More
By Ryan Vlastelica NEW YORK (Reuters) – Stock markets around the world rallied on Tuesday while the U.S. dollar fell after the new Greek government dropped calls for a write-down of its foreign debt, easing concerns about growing instability in the euro zone. The government, led by the left-wing Syriza party that won elections just Read More
Crude oil, SPY, UUP, and gold ETFs react to the FOMC and US dollar (Part 4 of 5) (Continued from Part 3) Gold drops to two-week lows Gold prices dropped more than ~2% on January 29 , 2015, to $ 1,254 per ounce after the Federal Open Market Committee (or FOMC) meeting. The FOMC, at its January Read More
Investing.com – Investing.com – The dollar slid lower against the other major currencies on Monday, after data showed that manufacturing activity in the U.S. expanded at the slowest rate in 11 months in January. In a report, the Institute for Supply Management said its index of purchasing managers fell to 53.5 last month from Read More
Crude oil, SPY, UUP, and gold ETFs react to the FOMC and US dollar (Part 3 of 5) (Continued from Part 2) PowerShares DB US Dollar Index Bullish ETF (UUP) The PowerShares DB US Dollar Index Bullish ETF (UUP) consists of long US dollar index or USDX futures contracts. The measure of the US dollar’s price Read More
Talking Points: US Dollar Positioning Warns of Downside Reversal Risk S&P 500 Threatens Range Support Below 2000 Figure Crude Oil Trying to Make Good on Bullish Chart Setup Can’t access the Dow Jones FXCM US Dollar Index? Try the USD basket on Mirror Trader. ** US DOLLAR TECHNICAL ANALYSIS – Prices may be readying to Read More
![CDATA[ By Jonathan Underhill Feb. 2 (BusinessDesk) – The New Zealand dollar rose from a four-year low ahead of key data that may provide more insight into the relative strength of the nation’s economy compared to its trading partners. The kiwi rose to 72.69 US cents, having fallen as low as 72.13 cents, from 72.58 Read More
* U.S. stocks lower; MSCI world index also down * Russian central bank unexpectedly cuts rates * Fourth-quarter U.S. GDP growth slows to 2.6 percent pace (Updates with European stocks close) By Caroline Valetkevitch NEW YORK, Jan 30 (Reuters) – The dollar index edged higher on Friday and was on track to end January with Read More
Investing.com – Investing.com – The dollar edged higher changed against the other major currencies on Friday, as the release of tepid U.S. data failed to dampen optimism over the strength of the country’s economic recovery. In a revised report, the University of Michigan said its consumer sentiment index ticked down to 98.1 in January Read More