Author: Dollar Index

Now that the U.S. dollar is trading at its highest level in about nine years, wary investors may consider an inverse exchange traded fund to hedge against a sudden turn. The PowerShares DB U.S. Dollar Index Bullish Fund (UUP) , which tracks the U.S. dollar movements against the euro, Japanese yen, British pound, Canadian dollar, Read More

Investing.com – Investing.com – The dollar remained near 12-year highs against the other major currencies on Friday, as growing optimism over the strength of the U.S. economic recovery continued to support the greenback and investors eyed a highly anticipated U.S. employment report due later in the day. The dollar remained broadly supported after data Read More

When it comes to the U.S. dollar, everyone seems to agree on two things: It will keep soaring, and everyone’s too bullish. The U.S. Dollar Index, which tracks the currency by comparing it to a basket of six currencies (though it is heavily weighted toward the euro) is up 15 percent in Read More

DailyFX.com – Talking Points: Dollar: Looking Beyond the Flash of NFPs Volatility Euro Traders Confident in Stimulus, Not Concerned Enough About Greece British Pound Facing CPI Next Week After a Long Tumble on Rate Forecasts Dollar: Looking Beyond the Flash of NFPs Volatility A market that is already prone to volatility and a top market-moving Read More

* Stocks surge on renewed investor confidence * Expectations grow for an ECB bond-buying program * Dollar index touches nine-year high * Brent oil falls below $ 51 a barrel (Adds oil settlement prices) By Herbert Lash LONDON, Jan 8 (Reuters) – Global equity markets surged and the dollar hit a nine-year high on Thursday, Read More

When it comes to the U.S. dollar, everyone seems agrees on two things: It will keep soaring, and everyone’s too bullish. The U.S. Dollar Index (Exchange: .DXY), which tracks the currency by comparing it to a basket of six currencies (though it is heavily weighted toward the euro) is up 15 percent in six months. Read More

NEW YORK (MarketWatch) — The ICE U.S. Dollar Index rose for the seventh-consecutive session Friday, boosted by rising crude-oil prices, a strong performance by U.S. stocks and the expectation that the European Central Read More

* Stocks surge amid renewed investor confidence * Expectations grow for an ECB bond-buying program * Dollar index touches nine-year high * Brent oil falls below $ 51 a barrel (Adds U.S. market open, byline; dateline previously LONDON) By Herbert Lash LONDON, Jan 8 (Reuters) – Global equity markets surged and the dollar hit a Read More

Investing.com – Investing.com – The dollar hit a 12-year peak against the other major currencies on Thursday, as mounting optimism over the strength of the U.S. economic recovery lent broad support to the greenback. The dollar continued to be underpinned after a report on Wednesday showed that the U.S. private sector added a larger-then-forecast Read More

* Europe, Asia stocks up after U.S. snaps 5-day losing streak * Dollar index touches new 9-year high * Euro slumps to 9-year low, near 1999 starting point * Brent oil steadies at $ 51 a barrel By Marc Jones LONDON, Jan 8 (Reuters) – The dollar hit a nine-year high and stocks worldwide headed Read More