By Wayne Cole SYDNEY (Reuters) – The U.S. dollar took a dip on Monday as Asian investors caught up with a benign payrolls report and the subsequent slide in Treasury yields, though turnover was light with Tokyo on holiday. Share markets were mixed following a soft finish on Wall Street though sentiment was supported by Read More
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By Wayne Cole SYDNEY (Reuters) – The U.S. dollar took an early dip on Monday as Asian investors caught up with a benign payrolls report and the subsequent slide in Treasury yields, though turnover was light with Tokyo on holiday. Share markets were opening lower following a soft finish on Wall Street though sentiment was Read More
Encouraged by U.S. growth and the prospect of higher interest rates, investors have sent the dollar surging-a welcome development after years of decline on the heels of loose Federal Reserve monetary policy. It’s also made it more affordable for Americans to pack their bags and travel the world. But the renewed power of the dollar Read More
NEW YORK (MarketWatch) — The ICE U.S. Dollar Index moved lower Friday as a contraction in hourly wage growth in December caused investors to delay their expectations for when the Federal Reserve will Read More
Following the U.S. jobs report on Friday, the dollar strengthened against the euro. It declined slightly against the yen. The U.S. j ob picture held steady in December, with the U.S. economy creating 252,000 jobs for the end of the year, while the unemployment rate dropped to 5.6 percent. This extends the longest run of Read More
Now that the U.S. dollar is trading at its highest level in about nine years, wary investors may consider an inverse exchange traded fund to hedge against a sudden turn. The PowerShares DB U.S. Dollar Index Bullish Fund (UUP) , which tracks the U.S. dollar movements against the euro, Japanese yen, British pound, Canadian dollar, Read More
Investing.com – Investing.com – The dollar remained near 12-year highs against the other major currencies on Friday, as growing optimism over the strength of the U.S. economic recovery continued to support the greenback and investors eyed a highly anticipated U.S. employment report due later in the day. The dollar remained broadly supported after data Read More
When it comes to the U.S. dollar, everyone seems to agree on two things: It will keep soaring, and everyone’s too bullish. The U.S. Dollar Index, which tracks the currency by comparing it to a basket of six currencies (though it is heavily weighted toward the euro) is up 15 percent in Read More
DailyFX.com – Talking Points: Dollar: Looking Beyond the Flash of NFPs Volatility Euro Traders Confident in Stimulus, Not Concerned Enough About Greece British Pound Facing CPI Next Week After a Long Tumble on Rate Forecasts Dollar: Looking Beyond the Flash of NFPs Volatility A market that is already prone to volatility and a top market-moving Read More
* Stocks surge on renewed investor confidence * Expectations grow for an ECB bond-buying program * Dollar index touches nine-year high * Brent oil falls below $ 51 a barrel (Adds oil settlement prices) By Herbert Lash LONDON, Jan 8 (Reuters) – Global equity markets surged and the dollar hit a nine-year high on Thursday, Read More