By Caroline Valetkevitch NEW YORK (Reuters) – Oil prices rallied on Friday following the sharpest weekly drop in U.S. oil rig count in nearly 30 years, while the dollar index ended January with its longest run of gains since the greenback was floated in 1971. U.S. stocks finished the day down more than 1 percent Read More
Author: Dollar Index
NEW YORK (MarketWatch) — The ICE U.S. Dollar Index finished the week lower Friday, after weaker-than-expected fourth-quarter gross domestic product data weighed on the greenback. The index, a measure of the dollar’s strength Read More
(Updates with late New York prices) * Euro short positions consolidating, keeps steady vs. dollar * U.S. dollar index sets record of seven straight months of gains * Dollar off vs. yen, U.S. dollar index down on the day * Canadian dollar plunges after November GDP contraction By Daniel Bases NEW YORK, Jan 30 (Reuters) Read More
By Caroline Valetkevitch NEW YORK (Reuters) – The dollar index edged higher on Friday and was on track to end January with gains of more than 5 percent, while stock indexes around the world fell as data showed U.S. growth slowed sharply in the fourth quarter. European stocks ended lower, but registered their biggest monthly Read More
(Recasts with U.S. GDP data, adds comment, updates prices, changes dateline, byline, previous LONDON) * Euro short positions consolidating, keeps steady vs. Dollar * Dollar off vs. yen, U.S. dollar index little changed on week * Canadian dollar plunges after November GDP contraction By Daniel Bases NEW YORK, Jan 30 (Reuters) – The dollar traded Read More
After the European Central Bank’s monetary policy bombshell, many foreign central banks have enacted their own easing or are cogitating about potential cuts ahead, bolstering the outlook for the U.S. dollar and currency-related exchange traded funds. The PowerShares DB U.S. Dollar Index Bullish Fund (UUP) and the actively managed WisdomTree Bloomberg U.S. Dollar Bullish Fund Read More
* Dollar set for record-breaking run of monthly gains * European shares rise on upbeat German retail sales * Euro zone data expected to show prices falling further * U.S. Q4 GDP awaited later in the day By Jemima Kelly LONDON, Jan 30 (Reuters) – The dollar was on track on Friday for its best Read More
(Bloomberg) — The dollar weakened against most peers, with a gauge of the greenback’s strength paring a seventh monthly gain, and Standard & Poor’s 500 Index futures slipped. Oil headed for its longest monthly losing streak since 2009, while gold climbed. The U.S. currency lost 0.2 percent to the euro and 0.4 percent against the Read More
Investing.com – Investing.com – The dollar held steady, hovering close to more than 11-year highs against the other major currencies on Thursday, after the Federal Reserve signaled that interest rates could start to rise around mid-year. Following its policy meeting on Wednesday, the Fed said it would keep rates on hold at least until Read More
(Updates prices, adds comments) * Kiwi dollar inches up after setting 4-year low * RBNZ opens door to possible rate cut * Dollar index stays firm in wake of Fed statement By Ian Chua and Masayuki Kitano SYDNEY/SINGAPORE, Jan 29 (Reuters) – The New Zealand dollar pared some losses but remained near a four-year low Read More