dollar Archive

  • *Yen Weakens To 6-day Low Of 112.52 Against U.S. Dollar Yen Weakens To 6-day Low Of 112.52 Against U.S. Dollar

    *Yen Weakens To 6-day Low Of 112.52 Against U.S. Dollar

    *Yen Weakens To 6-day Low Of 112.52 Against U.S. Dollar Yen Weakens To 6-day Low Of 112.52 Against U.S. Dollar
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  • *Yen Hits 5-day Low Of 89.95 Against Canadian Dollar Yen Hits 5-day Low Of 89.95 Against Canadian Dollar

    *Yen Hits 5-day Low Of 89.95 Against Canadian Dollar

    *Yen Hits 5-day Low Of 89.95 Against Canadian Dollar Yen Hits 5-day Low Of 89.95 Against Canadian Dollar
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  • U.S. Dollar Climbs As Inflation Expectations Build Up The U.S. dollar strengthened against its major counterparts in the Asian session on Wednesday, as expectations for higher inflation and rates improved amid the buzz that U.S. President Donald Trump is leaning toward nominating Stanford University economist John Taylor to head the Federal Reserve. Taylor is perceived as more hawkish than current chair Janet Yellen. Investors lifted bets for a rate hike in December after reports that Taylor is under consideration for the replacement of Yellen. The greenback also received support after U.S. import price data in September, which was the highest in more than a year. The Labor Department said on Tuesday that import prices jumped 0.7 percent last month, the biggest gain since June 2016, after rising by 0.6 percent in August. Better-than-expected data on U.S. industrial production for September and homebuilder confidence for October also pointed to a strengthening economy. The ..

    U.S. Dollar Climbs As Inflation Expectations Build Up

    U.S. Dollar Climbs As Inflation Expectations Build Up The U.S. dollar strengthened against its major counterparts in the Asian session on Wednesday, as expectations for higher inflation and rates improved amid the buzz that U.S. President Donald Trump is leaning toward nominating Stanford University economist John Taylor to head the Federal Reserve. Taylor is perceived as more hawkish than current chair Janet Yellen. Investors lifted bets for a rate hike in December after reports that Taylor is under consideration for the replacement of Yellen. The greenback also received support after U.S. import price data in September, which was the highest in more than a year. The Labor Department said on Tuesday that import prices jumped 0.7 percent last month, the biggest gain since June 2016, after rising by 0.6 percent in August. Better-than-expected data on U.S. industrial production for September and homebuilder confidence for October also pointed to a strengthening economy. The ..
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  • Dollar Climbs as Fed, Tax Reform News in Focus The dollar rose on Wednesday, as market focus is on further news on the potential appointment of a hawk as Federal Reserve chair as well as progress on U.S. tax reforms. The dollar index edged up 0.1 percent to 93.58, extending a rebound from Friday's 2 ½-week low of 92.749. It climbed as high as 93.729 the previous day. The euro was little changed against the dollar at $1.1757. U.S. Senate Republicans recently gained significant backing for a vote on a budget resolution that is crucial to President Donald Trump's hopes of signing tax reform legislation into law before January. Investors will also pay attention to the U.S. Beige Book data, with some likely to be cautious of purchasing dollars aggressively after weak U.S. inflation data. Trump has a pool of five candidates to choose from and is likely to announce his choice before going to Asia in early November, according to a source familiar with the matter. As the Federal ..

    Prime News: Dollar Climbs as Fed, Tax Reform News in Focus

    Dollar Climbs as Fed, Tax Reform News in Focus The dollar rose on Wednesday, as market focus is on further news on the potential appointment of a hawk as Federal Reserve chair as well as progress on U.S. tax reforms. The dollar index edged up 0.1 percent to 93.58, extending a rebound from Friday's 2 ½-week low of 92.749. It climbed as high as 93.729 the previous day. The euro was little changed against the dollar at $1.1757. U.S. Senate Republicans recently gained significant backing for a vote on a budget resolution that is crucial to President Donald Trump's hopes of signing tax reform legislation into law before January. Investors will also pay attention to the U.S. Beige Book data, with some likely to be cautious of purchasing dollars aggressively after weak U.S. inflation data. Trump has a pool of five candidates to choose from and is likely to announce his choice before going to Asia in early November, according to a source familiar with the matter. As the Federal ..
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  • USD gives back the New York session gains It's been a 30-40 pip roundtrip for the US dollar today. It climbed early with USD/JPY ticking to 112.46 from 112.15 but in the last few hours it's sank back down and is back to where it was before North America arrived.

    US dollar loses its luster

    USD gives back the New York session gains It's been a 30-40 pip roundtrip for the US dollar today. It climbed early with USD/JPY ticking to 112.46 from 112.15 but in the last few hours it's sank back down and is back to where it was before North America arrived.
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  • Dollar Climbing After Flurry Of Economic Reports The dollar is rising against its major European rivals Tuesday afternoon, but is paring its early gains against the Japanese Yen. Investors were encouraged by the release of some better than expected economic reports this morning, particularly the industrial production and homebuilder confidence numbers. U.S. import and export prices both increased by more than anticipated in the month of September, according to a report released by the Labor Department on Tuesday. The report said import prices climbed by 0.7 percent in September after rising by 0.6 percent in August. Economists had expected import prices to increase by 0.5 percent. The Labor Department also said export prices advanced by 0.8 percent in September after climbing by an upwardly revised 0.7 percent in August. Export prices had been expected to rise by 0.4 percent compared to the 0.6 percent increase originally reported for the previous month. After reporting a not..

    Dollar Climbing After Flurry Of Economic Reports

    Dollar Climbing After Flurry Of Economic Reports The dollar is rising against its major European rivals Tuesday afternoon, but is paring its early gains against the Japanese Yen. Investors were encouraged by the release of some better than expected economic reports this morning, particularly the industrial production and homebuilder confidence numbers. U.S. import and export prices both increased by more than anticipated in the month of September, according to a report released by the Labor Department on Tuesday. The report said import prices climbed by 0.7 percent in September after rising by 0.6 percent in August. Economists had expected import prices to increase by 0.5 percent. The Labor Department also said export prices advanced by 0.8 percent in September after climbing by an upwardly revised 0.7 percent in August. Export prices had been expected to rise by 0.4 percent compared to the 0.6 percent increase originally reported for the previous month. After reporting a not..
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  • Dollar Rises Ahead Of U.S. Industrial Production Data At 9:15 am ET Tuesday, the Federal Reserve will release industrial production figures for September. Ahead of the data, the greenback rose against its major rivals. The greenback was worth 1.1746 against the euro, 1.3180 against the pound, 0.9799 against the franc and 112.43 against the yen at 9:10 am ET.

    Dollar Rises Ahead Of U.S. Industrial Production Data

    Dollar Rises Ahead Of U.S. Industrial Production Data At 9:15 am ET Tuesday, the Federal Reserve will release industrial production figures for September. Ahead of the data, the greenback rose against its major rivals. The greenback was worth 1.1746 against the euro, 1.3180 against the pound, 0.9799 against the franc and 112.43 against the yen at 9:10 am ET.
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  • Dollar Rises Ahead Of U.S. Industrial Production Data At 9:15 am ET Tuesday, the Federal Reserve will release industrial production figures for September. Ahead of the data, the greenback rose against its major rivals. The greenback was worth 1.1746 against the euro, 1.3180 against the pound, 0.9799 against the franc and 112.43 against the yen at 9:10 am ET.

    Dollar Rises Ahead Of U.S. Industrial Production Data

    Dollar Rises Ahead Of U.S. Industrial Production Data At 9:15 am ET Tuesday, the Federal Reserve will release industrial production figures for September. Ahead of the data, the greenback rose against its major rivals. The greenback was worth 1.1746 against the euro, 1.3180 against the pound, 0.9799 against the franc and 112.43 against the yen at 9:10 am ET.
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  • Dollar Little Changed After U.S.Industrial Production Data At 9:15 am ET Tuesday, the Federal Reserve has released industrial production figures for September. Following the data, the greenback changed little against its major rivals. The greenback was trading at 1.1749 against the euro, 1.3180 against the pound, 0.9794 against the franc and 112.38 against the yen around 9:17 am ET.

    Dollar Little Changed After U.S.Industrial Production Data

    Dollar Little Changed After U.S.Industrial Production Data At 9:15 am ET Tuesday, the Federal Reserve has released industrial production figures for September. Following the data, the greenback changed little against its major rivals. The greenback was trading at 1.1749 against the euro, 1.3180 against the pound, 0.9794 against the franc and 112.38 against the yen around 9:17 am ET.
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  • Dollar Little Changed Following U.S. Import And Export Prices The Labor Department's Import and Export Prices for September have been issued at 8.30 am ET Tuesday. The greenback changed little against its major opponents after the data. The greenback was trading at 1.1760 against the euro, 1.3182 against the pound, 0.9786 against the franc and 112.31 against the yen as of 8:32 am ET.

    Dollar Little Changed Following U.S. Import And Export Prices

    Dollar Little Changed Following U.S. Import And Export Prices The Labor Department's Import and Export Prices for September have been issued at 8.30 am ET Tuesday. The greenback changed little against its major opponents after the data. The greenback was trading at 1.1760 against the euro, 1.3182 against the pound, 0.9786 against the franc and 112.31 against the yen as of 8:32 am ET.
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