When it comes to the U.S. dollar, everyone seems agrees on two things: It will keep soaring, and everyone’s too bullish. The U.S. Dollar Index (Exchange: .DXY), 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 six months. Read More
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NEW YORK (MarketWatch) — The ICE U.S. Dollar Index rose for the seventh-consecutive session Friday, boosted by rising crude-oil prices, a strong performance by U.S. stocks and the expectation that the European Central Read More
* Stocks surge amid 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 U.S. market open, byline; dateline previously LONDON) By Herbert Lash LONDON, Jan 8 (Reuters) – Global equity markets surged and the dollar hit a Read More
Investing.com – Investing.com – The dollar hit a 12-year peak against the other major currencies on Thursday, as mounting optimism over the strength of the U.S. economic recovery lent broad support to the greenback. The dollar continued to be underpinned after a report on Wednesday showed that the U.S. private sector added a larger-then-forecast Read More
* Europe, Asia stocks up after U.S. snaps 5-day losing streak * Dollar index touches new 9-year high * Euro slumps to 9-year low, near 1999 starting point * Brent oil steadies at $ 51 a barrel By Marc Jones LONDON, Jan 8 (Reuters) – The dollar hit a nine-year high and stocks worldwide headed Read More
* Europe, Asia stocks up after U.S. snaps 5-day losing streak * Dollar index touches new 9-year high * Euro near 9-year low after euro zone slips into deflation * Brent oil hovers around $ 51 By Marc Jones LONDON, Jan 8 (Reuters) – The dollar hit a new 9-year high and stocks worldwide headed 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: 11648, 11577, 11489 Resistance:11719, 11807, 11950 The Dow Jones FXCM US Dollar Index continued to push higher for a fourth consecutive day, with prices setting yet another five-year Read More
The dollar rose for a fourth day versus the euro as minutes from the Federal Reserve’s latest meeting supported speculation policy makers will raise interest rates this year even as the European central bank adds stimulus. A dollar gauge versus a broader range of peers slipped from the highest level since 2005 as the record Read More
* Dollar index up 0.8 pct vs basket of currencies * Greece political anxiety lifts safe-haven bids * Investors await minutes of December Fed policy meet (Updates prices, adds comment) By Clara Denina LONDON, Jan 7 (Reuters) – Gold eased on Wednesday after a three-day winning streak as the dollar and equities strengthened, but prices Read More
Investing.com – Investing.com – The dollar hit fresh nine-year highs against the other major currencies on Wednesday, as disappointing euro zone inflation data weighed further on the single currency and growing expectations for an upcoming U.S. rate hike continued to boost the greenback. The U.S. dollar index, which measures the greenback against a basket Read More