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Investing.com – Investing.com – The dollar remained close to nine-year highs against the other major currencies on Friday, despite a downbeat report on U.S. manufacturing activity as expectations for a U.S. rate hike in the near future continued to lend broad support to the greenback. The Institute of Supply Management said its manufacturing purchasing Read More

The dollar’s upturn on Friday continued a rally that started last July and saw the dollar gain 12 percent against a basket of currencies across 2014. “Demand for the dollar goes beyond just the weakness of the euro,” said Kit Juckes, global strategist at Societe Generale, in a research note on Friday. Read More

Seasonal trends make for nice anecdotes and they can be rewarding when properly applied in concert with other, more stringent technical indicators. With that in mind, it is worth noting that two of 2014’s best currency exchange traded funds – the PowerShares DB U.S. Dollar Index Bullish Fund (UUP) and the WisdomTree Bloomberg U.S. Dollar Read More

The dollar’s upturn on Friday continued a rally that started last July and saw the dollar gain 12 percent against a basket of currencies across 2014. “Demand for the dollar goes beyond just the weakness of the euro,” said Kit Juckes, global strategist at Societe Generale, in a research note on Friday. Read More