(Bloomberg) — The dollar strengthened and Treasuries fell before Federal Reserve Chair Janet Yellen speaks to lawmakers. Yields on European corporate and government debt dropped to record lows as Greece’s creditors review a list of debt-reduction policies. The Bloomberg Dollar Spot Index climbed 0.3 percent at 7:01 a.m. in New York. The yield on 10-year Read More
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The U.S. dollar has been range bound for weeks, but if Federal Reserve Chair Janet Yellen sounds more upbeat about the labor market in her testimony to Congress this week, analysts say the greenback could test recent highs against several currencies. “The U.S. dollar has been in consolidation mode. If Janet Yellen comes out sounding Read More
DailyFX.com – To receive Ilya’s analysis directly via email, please SIGN UP HERE Talking Points: US Dollar Technical Strategy: Holding Long via Mirror Trader Basket ** Support: 11740, 11653, 11513 Resistance:11876, 11963, 12103 The Dow Jones FXCM US Dollar Index looks to have reversed downward as expected after putting in a bearish Evening Star candlestick Read More
(Bloomberg) — Asian stocks traded near a five-month high and the dollar strengthened before Federal Reserve Chair Janet Yellen speaks to lawmakers and as Greece’s creditors review a list of debt-reduction policies. Australian bonds gained and U.S. oil traded below $ 50 a barrel. The MSCI Asia Pacific Index was little changed by 11:53 a.m. Read More
By James Ramage The dollar rose against the euro and edged higher against other currencies on Monday ahead of testimony Federal Reserve Chairwoman Janet Yellen will provide to Congress on the U.S. economy and interest rates. The euro slid 0.4% to $ 1.1331 in late-afternoon trade. The Wall Read More
It shocked some people that the U.S. dollar has showed so much strength as of late. But if you were using logic and ignoring all the chatter, you would have seen it coming. That said, all that matters now is the future. Currently, many investors and pundits are calling the dollar a crowded trade. But its rise Read More
Investing.com – Investing.com – The dollar trimmed gains against the other major currencies on Monday, after the release of disappointing U.S. home sales data, although concerns over whether Greece will announce the necessary reforms for its bailout extension continued to support safe-haven demand. In a report, the National Association of Realtors said that existing Read More
DailyFX.com – US Dollar Index small trader record longs…again! Large traders continue to cover Yen shorts Crude small traders flip to net short position View COT data in MT4 Latest CFTC Release dated February 17, 2014: The COT Index is the difference between net speculative positioning and net commercial positioning measured. A blue colored bar Read More
(Bloomberg) — The stronger U.S. dollar may be the final nudge American acquirers needed to start bidding for foreign targets they’ve had their eyes on. Even as the rising currency weighs on earnings at some U.S. companies that have overseas operations, it’s also offering an added bonus for those scouring abroad for deals. Just last Read More
By Hiroyuki Kachi The dollar was almost flat against the yen and the euro in Asian trade Monday, with investors avoiding taking strong positions ahead of Federal Reserve Chairwoman Janet Yellen’s testimony before Congress later this week. At 0450 GMT, the dollar was at Y118.95 from Y119.07 late Read More