* Dollar index slips towards previous day’s two-week low * Chicago Fed’s Evans’ dovish comments weigh on dollar By Anirban Nag LONDON, March 25 (Reuters) – The euro climbed towards $ 1.10 against the dollar on Wednesday and gained against most major currencies, helped by a robust survey of German business morale that added to Read More
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U.S. stock index futures indicated a flat to slightly higher open on Wednesday, as volatility in the dollar continued to spook markets, while traders weighed up the timing of an interest rate rise. Investors have trimmed long dollar positions after the U.S. Federal Reserve made dovish comments last week, which pushed expectations of a rate Read More
* Dollar index holds above previous day’s two-week low * Euro up 0.3 percent, helped by German data By Anirban Nag LONDON, March 25 (Reuters) – The euro climbed towards $ 1.10 against the dollar on Wednesday, encouraged by a robust German business morale survey that added to expectations that an economic recovery in the Read More
* Dollar index holds above previous day’s two-week low * Euro back at sub-$ 1.1000 levels, Aussie back below $ 0.7900 By Ian Chua and Masayuki Kitano SYDNEY/SINGAPORE, March 25 (Reuters) – The dollar hovered above a two-week low versus a basket of major currencies on Wednesday, pausing from the recent selloff sparked by doubts Read More
Oil prices may remain volatile for some time to come but will ultimately average above $ 60 for Brent. This is despite the fact that they presently remain below $ 60, which is due to the dollar’s unrelenting rally that is putting pressure on stocks and commodities, regional analysts say.The dollar index posted a back-to-back Read More
As earning season gets closer, talk of those fears has picked up and is spreading across financial markets. Earnings are expected to be negative for the first time since 2009 in the first quarter, with an estimated 3.1 percent decline in S&P 500 net income, according to Thomson Reuters. That theme—highlighting shrinking profits versus Read More
By Michael Connor NEW YORK (Reuters) – European stocks rose to near-record highs on Tuesday on signs the euro zone economy was gaining momentum, while the dollar recovered from recent losses and oil fell. U.S. stocks traded tightly amid worries about the dollar’s gains before turning lower. Europe’s FTSEurofirst 300 <.FTEU3> index of top shares Read More
New York (AFP) – Oil prices rose Monday as the attractiveness of a weaker dollar offset news of higher crude production by Saudi Arabia. The US benchmark, West Texas Intermediate for May delivery, closed 88 cents higher at $ 47.45 a barrel. In London, Brent North Sea crude for May added 60 cents, settling at Read More
(Bloomberg) — The dollar weakened against most other currencies before data forecast to show a decline in U.S. consumer prices. U.S. equity futures rose and oil climbed for a third day, while European shares erased gains. The Bloomberg Dollar Spot Index slid 0.2 percent, marking the sixth decline in seven days, as of 6:52 a.m. Read More
U.S. stocks edged lower on Monday on the heels of strong gains in the prior week, as investors weighed fluctuations in the dollar and its impact on other markets, including crude prices. Equity markets fluctuated between modest gains and slight losses, tracking the movement of energy stocks as crude oil prices were caught between the Read More