But for Steven Englander, global head of G-10 FX strategy at CitiFX, the economic data could well pose a problem for the dollar. “I think that the dollar may struggle a bit at the beginning of the second quarter,” Englander said. If Friday’s employment report is weak, “it could be Read More
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The U.S. dollar index (Dow Jones Global Indexes: .USDOLLAR), which tracks the greenback’s moves against a basket of six other currencies but is heavily weighted toward the euro/dollar rose nearly 9 percent in the the first three months of the year, for the best quarter since Q3 of 2008. And some traders think the real Read More
![CDATA[ By Tina Morrison April 1 (BusinessDesk) – The New Zealand dollar held steady against the US dollar after both countries saw gains in confidence surveys, signalling a positive outlook for their economies. The kiwi was at 74.80 US cents at 8am in Wellington, from 74.79 cents at 5pm yesterday. The trade-weighted index was unchanged Read More
* Euro on track for almost 11 pct quarterly fall vs dollar * Worries over Greece debt talk spur more selling in euro * Dollar set for biggest quarterly gain since 2008 * Upbeat U.S. consumer, housing data support greenback (Updates market action, add quote) By Richard Leong NEW YORK, March 31 (Reuters) – The Read More
* Euro set for almost 11 pct quarterly fall vs dollar * Greece worries drive euro down 1 pct on day * Dollar on track for biggest quarterly gain since 2008 * Upbeat U.S. consumer, housing data support greenback (Adds updated prices; changes dateline, previous LONDON) By Richard Leong NEW YORK, March 31 (Reuters) – Read More
NEW YORK (MarketWatch)—The U.S. dollar is on track for its strongest quarterly performance since 2008, gaining ground on the euro but losing some ground versus the Japanese yen. The ICE U.S. dollar index Read More
By Nigel Stephenson and Stephen Culp LONDON, March 31 (Reuters) – After three months dominated by a rising dollar, interest rate cuts by 26 central banks and hefty equity gains, the big winner was the Chinese stock market. Investors who bought Shanghai-listed A shares at the start of the year have registered gains of 17 Read More
$ 100 notes lay in stacks at the Bureau of Engraving and Printing in Washington, D.C. NEW YORK (MarketWatch)—The dollar gained ground against the yen and the euro on Monday, with analysts Read More
* Dollar rises broadly vs major currencies at quarter-end * DXY on track for biggest quarterly gain since 2008 (Updates prices, adds comments) By Masayuki Kitano SINGAPORE, March 31 (Reuters) – The dollar rose against a basket of currencies on Tuesday and was on track for its best quarter since 2008, bolstered by the diverging Read More
* Dollar posts biggest one-day gain in over a month vs yen * Aussie dollar drops more than one U.S. cent * U.S. data mixed, consumer spending disappoints By Ian Chua SYDNEY, March 31 (Reuters) – The dollar was firmer against most of its peers early on Tuesday, having posted its biggest one-day rally in Read More