(Bloomberg) — Janet Yellen is turning from currency traders’ best friend to their biggest foe. The most popular trade in the $ 5.3 trillion-a-day foreign-exchange market has been betting on a stronger dollar, leaving investors exposed when the Federal Reserve chair damped speculation last month of an imminent increase to interest rates. As the dollar Read More
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* Dollar/yen rise stalls on comments from Japan govt adviser * Dollar index touches new 11-yr high after U.S. debt yields spike * RBA opts to leaves rate unchanged at 2.25 pct (Recasts, adds comments) By Anirban Nag LONDON, March 3 (Reuters) – The dollar eased from an 11-year peak against a basket of currencies Read More
* Dollar/yen rise stalls on comments from Japan govt adviser * Dollar index touches new 11-yr high after U.S. debt yields spike * RBA opts to leaves rate unchanged at 2.25 pct (Updates prices, adds comments) By Shinichi Saoshiro and Ian Chua TOKYO/SYDNEY, March 3 (Reuters) – The dollar pulled back a little from an Read More
* Dollar index scales 11-year highs on Fed hike expectations * Aussie dollar under pressure awaiting RBA policy decision * Brent crude plunges on speculation of Iran nuclear deal By Lisa Twaronite TOKYO, March 3 (Reuters) – The U.S. dollar hovered close to an 11-year high against a basket of currencies while Asian shares firmed Read More
By Saqib Iqbal Ahmed NEW YORK, March 2 (Reuters) – The options on a popular exchange-traded fund that allows investors to bet on the strength of the dollar attracted an unusually high volume of bullish bets on Monday, ahead of this week’s European Central Bank meeting. PowerShares DB Bullish Dollar Index Fund’s, which tracks the Read More
* Dollar at 3-week high vs yen * All eyes on ECB preparations for quantitative easing * ECB policymakers meet in Cyprus on Wednesday, Thursday (Recasts, adds late prices and quotes) By Michael Connor NEW YORK, March 2 (Reuters) – The dollar edged up on Monday, with an index that tracks the greenback against major Read More
* Dollar at 3-week high vs yen * All eyes on ECB preparations for quantitative easing * ECB policymakers meet in Cyprus on Wednesday, Thursday (Adds New York trading, quotes; changes byline and dateline, previous LONDON) By Michael Connor NEW YORK, March 2 (Reuters) – The dollar rose in choppy trading on Monday, with an Read More
* Wall Street firms after February rally, Nasdaq hits 5,000 * China rate cut lifts Asia equities, gold * Dollar index eases after touching 11-year peak * Spanish, Italian yields fall to record lows before ECB QE (Updates with U.S. market action; changes dateline; previous LONDON) By Richard Leong NEW YORK, March 2 (Reuters) – Read More
* Dollar hits 2-year high vs yuan after China rate cut * Greenback touches 11-year high vs basket of currencies * Aussie falters, focus on RBA decision on Tuesday (Updates prices, adds comments) By Masayuki Kitano and Ian Chua TOKYO/SYDNEY, March 2 (Reuters) – The dollar hit an 11-year high against a basket of major Read More
* MSCI’s Asia-Pacific stock index up 0.1 pct after China rate cut * Spreadbetters expect mixed open for European bourses * Australian shares hit 7-year high after China eases * But overall risk asset impact from China cut limited * Yuan sags vs greenback, dollar index hits 11-year high By Shinichi Saoshiro TOKYO, March 2 Read More