After the European Central Bank’s monetary policy bombshell, many foreign central banks have enacted their own easing or are cogitating about potential cuts ahead, bolstering the outlook for the U.S. dollar and currency-related exchange traded funds. The PowerShares DB U.S. Dollar Index Bullish Fund (UUP) and the actively managed WisdomTree Bloomberg U.S. Dollar Bullish Fund Read More
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* Dollar set for record-breaking run of monthly gains * European shares rise on upbeat German retail sales * Euro zone data expected to show prices falling further * U.S. Q4 GDP awaited later in the day By Jemima Kelly LONDON, Jan 30 (Reuters) – The dollar was on track on Friday for its best Read More
(Bloomberg) — The dollar weakened against most peers, with a gauge of the greenback’s strength paring a seventh monthly gain, and Standard & Poor’s 500 Index futures slipped. Oil headed for its longest monthly losing streak since 2009, while gold climbed. The U.S. currency lost 0.2 percent to the euro and 0.4 percent against the Read More
Investing.com – Investing.com – The dollar held steady, hovering close to more than 11-year highs against the other major currencies on Thursday, after the Federal Reserve signaled that interest rates could start to rise around mid-year. Following its policy meeting on Wednesday, the Fed said it would keep rates on hold at least until Read More
(Updates prices, adds comments) * Kiwi dollar inches up after setting 4-year low * RBNZ opens door to possible rate cut * Dollar index stays firm in wake of Fed statement By Ian Chua and Masayuki Kitano SYDNEY/SINGAPORE, Jan 29 (Reuters) – The New Zealand dollar pared some losses but remained near a four-year low Read More
(Rewrites with reaction to Fed statement, new throughout) * Fed holds rates unchanged, repeats it is patient on policy * Dollar holds position, up modestly against euro, Swiss franc * U.S. dollar index gains but still off 11-year highs * Greek politics a drag for the euro * New Zealand dollar drops to near four-year Read More
Flexing its muscle. NEW YORK (MarketWatch) — The U.S. dollar’s strong rise is getting a lot of the blame for the stock market’s recent weakness, but there’s more to it than a Read More
(Updates prices, adds comment, changes byline, dateline, previous LONDON) * Dollar index off 11-year high ahead of Fed statement * Impact on U.S. stocks and corporate profits in focus By Daniel Bases NEW YORK, Jan 28 (Reuters) – The U.S. dollar made a tepid advance against the euro and the Swiss franc on Wednesday but Read More
(Adds details, fresh quotes) * Dollar index off 11-year high ahead of Fed statement * Surprise monetary easing in Singapore helps U.S. dollar * Surge in Greek bond yields weighs on euro By Anirban Nag LONDON, Jan 28 (Reuters) – The dollar climbed against a basket of currencies on Wednesday, recouping some of the previous Read More
* US durable goods orders unexpectedly fall * Dollar index off 11-year high ahead of Fed statement * Surprise monetary easing in Singapore helps U.S. dollar By Anirban Nag LONDON, Jan 28 (Reuters) – The dollar rose against a basket of currencies on Wednesday, recouping some of the previous day’s sharp losses, on expectations the Read More