For the first time this century, the dollar is poised for a multiyear surge against the rest of the world’s currencies. For now, that is due to the divergent economies and monetary policies of the U.S. and eurozone. But if this global realignment eventually fuels the kind of economic and political tensions that arose in Read More
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![CDATA[ By Tina Morrison Feb. 9 (BusinessDesk) – The New Zealand dollar declined as the greenback strengthened after a key measure of the US labour market printed better than expected, bolstering optimism that a US economic recovery will lead to higher interest rates this year. The kiwi fell to 73.37 US cents at 8am in Read More
NEW YORK (MarketWatch) — The ICE U.S. Dollar Index ended the week lower Friday as the gains that followed January payrolls data failed to offset the euro’s strength from earlier in the week. Read More
Investing.com – Investing.com – The dollar rallied against the other major currencies on Friday, after data showed that the U.S. economy added more jobs than expected last month, fuelling optimism over the strength of the local job market. The Labor Department said the U.S. economy added 257,000 jobs in January, beating expectations for an Read More
* Euro slips, but on track for strong weekly gains * SNB reserves data suggests intervention to weaken franc * Danish crown steady, little impact from latest rate cut (Updates prices, adds fresh comment) By Anirban Nag LONDON, Feb 6 (Reuters) – The dollar rose against a basket of currencies on Friday, before the release Read More
Crude oil, SPY, UUP, and gold ETFs react after US growth data (Part 2 of 5) (Continued from Part 1) US Dollar Index The US Dollar Index fell after the US commerce department reported US economic growth data. The US economy grew by 2.6% in 4Q14 compared to 5% in 3Q14, which was below the Read More
Investing.com – Investing.com – The dollar remained lower against the other major currencies on Thursday, after upbeat U.S. jobless claims data and a disappointing U.S. trade balance report as market sentiment remained broadly supported. The U.S. Department of Labor said the number of individuals filing for initial jobless benefits in the week ending January Read More
Investing.com – Investing.com – The dollar dropped against the other major currencies on Thursday, as market sentiment recovered from news the European Central Bank will no longer accept Greek government bonds from banks seeking funding and investors eyed U.S. data due later in the day. EUR/USD climbed 0.81% to 1.1435, pulling away from session Read More
(Corrects erroneous data of MSCI (NYSE: MSCI – news) quote to show index rose 0.3 percent, not 1.3 percent) * Dollar recovers after worst day in more than a year * Oil retreats after four days of sharp gains * Japanese equities rise on strong Mitsubishi results By Ryan Vlastelica NEW YORK, Feb 4 (Reuters) Read More
WASHINGTON (MarketWatch) — It’s a story that’s starting to pop up in financial circles: the U.S. dollar is so strong that it’s driving down prices on a range of goods that Read More