![CDATA[ By Tina Morrison Jan. 5 (BusinessDesk) – The New Zealand dollar fell as investors bet a strengthening US economy will prompt the Federal Reserve to push up interest rates in the world’s largest economy this year. The kiwi slipped to 76.84 US cents at 8am in Wellington, from 77.02 cents at the New York Read More
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The dollar kicked off 2015 by rallying against other major currencies, underscoring heightened expectations for robust U.S. growth in the new year relative to the rest of the world. The WSJ Dollar Index, which tracks the greenback’s performance against 16 other currencies, on Friday jumped to an 11 1/2 Read More
* China stock benchmark adds more than 50 pct * Dollar index on track for best year since at least 2005 * Euro zone yields at historic lows as deflation looms * Oil remains under pressure after halving in value (Updates prices, comment) By Rodrigo Campos NEW YORK, Dec (Shanghai: 600875.SS – news) 31 (Reuters) Read More
Investing.com – Investing.com – The dollar remained close to nine-year highs against the other major currencies on Friday, despite a downbeat report on U.S. manufacturing activity as expectations for a U.S. rate hike in the near future continued to lend broad support to the greenback. The Institute of Supply Management said its manufacturing purchasing Read More
The dollar’s upturn on Friday continued a rally that started last July and saw the dollar gain 12 percent against a basket of currencies across 2014. “Demand for the dollar goes beyond just the weakness of the euro,” said Kit Juckes, global strategist at Societe Generale, in a research note on Friday. Read More
European Central Bank President Mario Draghi steals the spotlight on the year’s first trading day. NEW YORK (MarketWatch) — The U.S. dollar soared Friday, building on big gains scored in 2014, on Read More
* Euro hurt by ECB head’s comments on price stability * Dollar index hits highest since March 2006 * Dollar hits parity with Swiss franc * Sterling drops after UK manufacturing data miss (Updates prices, adds comments, changes byline, dateline, previous LONDON) By Sam Forgione NEW YORK, Jan 2 (Reuters) – The U.S. dollar hit Read More
Seasonal trends make for nice anecdotes and they can be rewarding when properly applied in concert with other, more stringent technical indicators. With that in mind, it is worth noting that two of 2014’s best currency exchange traded funds – the PowerShares DB U.S. Dollar Index Bullish Fund (UUP) and the WisdomTree Bloomberg U.S. Dollar Read More
The dollar’s upturn on Friday continued a rally that started last July and saw the dollar gain 12 percent against a basket of currencies across 2014. “Demand for the dollar goes beyond just the weakness of the euro,” said Kit Juckes, global strategist at Societe Generale, in a research note on Friday. Read More
* Greenback higher across the board vs major peers in 2014 * Dollar index up 12 pct in 2014, its best year since 2005 * Dollar hits new 29-month highs against euro, franc (Repeats to widen distribution. Updates prices, adds comments; changes byline, dateline, previous LONDON) By Sam Forgione NEW YORK, Dec 31 (Reuters) – Read More