The dollar held losses against most peers and emerging-market stocks advanced before the March U.S. payrolls report. Australia’s dollar reached its weakest level versus the New Zealand currency in at least 30 years. The Bloomberg Dollar Spot Index was little changed at 8:11 a.m. in London after sliding 0.6 percent Thursday. The MSCI Emerging Markets Read More
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We have commented on the Currency ETP market and fund flow trends within it on several occasions in recent months, as there is rarely a dearth of action there given the impressive rise in the U.S. Dollar (UUP (PowerShares U.S. Dollar Index Bullish, Expense Ratio 0.80%)) in the trailing one year period (+>19%) versus other Read More
The U.S. Dollar Index has moved down Thursday. The June U.S. Dollar Index is trading at 97.84, down 0.64. Trading is active. Wide ranges the rest of the week are expected. Trading had been weak, however the selling has slowed somewhat. Chatter about U.S. economic data is continuous. U.S. New Factory orders for February just Read More
* Currency pulls back ahead of key jobs data on Friday * Dollar dip gives boost to emerging markets * Mood more muted in Europe * Many markets set to be shut for Easter weekend (Adds UK data) By Lionel Laurent LONDON, April 2 (Reuters) – The dollar lost ground on Thursday, the last trading Read More
There has been an unprecedented rally going on in an often-ignored corner of the market. And its enormous move has important ramifications for U.S. equities. Starting in June, the U.S. dollar index, a measure of the value of the dollar relative to a basket of international currencies heavily weighted to the euro, has rallied 25%. Read More
* Spreads between U.S. and EU bond yields narrow * Traders await ECB minutes during European session * U.S. nonfarm payrolls next key test for dollar (Adds details, fresh quote, updates prices) By Anirban Nag LONDON, April 2 (Reuters) – The dollar fell on Thursday, hurt by fresh signs that the U.S. economy slowed significantly Read More
* Spreads between U.S. and EU bond yields narrow * Traders to eye ECB minutes during European session * U.S. nonfarm payrolls next key test for dollar (Adds details and quotes) By Anirban Nag LONDON, April 2 (Reuters) – The dollar fell on Thursday, nursing losses amid fresh signs that the U.S. economy slowed significantly Read More
NEW YORK (MarketWatch)—The dollar lost a little ground Wednesday, hurt by weaker-than-expected readings on the U.S. economy. The ICE dollar index Read More
NEW YORK (MarketWatch) —The greenback did its best Incredible Hulk imitation in the first three months of 2015, with the ICE U.S. dollar index smashing the way to its best quarterly performance since Read More
The strong dollar theme was again prominent during the first quarter with the PowerShares DB U.S. Dollar Index Bullish Fund (UUP) , the U.S. Dollar Index tracking ETF, and the actively managed WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU) gaining an average of 6.6% this year. Although the dollar and those ETFs faltered in the Read More