(Bloomberg) — Asian stocks and European equity-index futures climbed with the ruble after a ceasefire deal in Ukraine and signs of compromise on Greece’s debt negotiations. The yen held gains on bets that the Bank of Japan won’t add stimulus and the dollar was weaker against most peers. The MSCI Asia Pacific Index added 1 Read More
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Expectations that the Federal Reserve will hike interest rates later this year have powered a rally in the U.S. dollar (Exchange:.DXY), and with further gains likely, analyst warn that some dollar-denominated emerging market (EM) debt is vulnerable. “The dollar’s appreciation has pushed up the local-currency value of EM debt that is denominated in U.S. dollars, Read More
* Soft U.S. retail sales, jobless claims halt dollar’s advance * Euro up slightly but seen staying shaky on Greek debt woes * Sterling stays bullish on BOE’s inflation optimism (Adds details, quotes) By Shinichi Saoshiro TOKYO, Feb 13 (Reuters) – The dollar was on the defensive on Friday after soft U.S. economic data halted Read More
* Soft U.S. retail sales, jobless claims halt dollar’s advance * Euro up slightly but seen staying shaky on Greek debt woes * Sterling stays bullish on BOE’s inflation optimism By Shinichi Saoshiro TOKYO, Feb 13 (Reuters) – The dollar was on the defensive on Friday after soft U.S. economic data halted its surge against Read More
(Adds comment, updates prices) * U.S. retail sales, jobless claims weaker-than-expected * Greece gets assistance from ECB for banks * Swedish crown dives as central bank cuts repo rate By Gertrude Chavez-Dreyfuss NEW YORK, Feb 12 (Reuters) – The dollar dropped across the board on Thursday after weaker-than-expected U.S. economic data, although its outlook remained Read More
Investing.com – Investing.com – The dollar pushed lower against the other major currencies on Thursday, after the release of weak U.S. retail sales and jobless claims data, although concerns over Greece’s debt crisis continued to encourage safe-haven demand. In a report, the U.S. Commerce Department said that retail sales declined by 0.8% last month, Read More
(Recasts, adds U.S. data, comment, updates prices, changes byline, dateline; previous LONDON) * U.S. retail sales, jobless claims weaker-than-expected * Greece gets assistance from ECB for banks * Swedish crown dives as central bank cuts repo rate By Gertrude Chavez-Dreyfuss NEW YORK, Feb 12 (Reuters) – The dollar dropped across the board on Thursday after Read More
Investing.com – Investing.com – The dollar slid lower against the other major currencies on Thursday, although demand for the safe-haven greenback remained supported by sustained concerns over Greece’s debt crisis, while markets eyed upcoming U.S. data. EUR/USD held steady at 1.1338 after talks between Greece and European Union officials ended without an agreement on Read More
Talking Points: US Dollar Vulnerable as Bearish Reversal Clues Remain S&P 500 Trying to Clear Path to Retest December High Oil Digesting Gains Above $ 53, Gold Hits 1-Month Low Can’t access the Dow Jones FXCM US Dollar Index? Try the USD basket on Mirror Trader. ** US DOLLAR TECHNICAL ANALYSIS – Prices continue to Read More
(Bloomberg) — Don’t believe everything you hear about the corrosive effect a more expensive dollar has on corporate America. U.S. businesses and the world’s largest economy can handle the greenback’s strength just fine. Companies in the Standard & Poor’s 500 Index, from drugmaker Pfizer Inc. to Microsoft Corp., Procter & Gamble Co. and Royal Caribbean Read More