dollar Archive

  • *Yen Rises To 2-day High Of 111.65 Against U.S. Dollar Yen Rises To 2-day High Of 111.65 Against U.S. Dollar

    *Yen Rises To 2-day High Of 111.65 Against U.S. Dollar

    *Yen Rises To 2-day High Of 111.65 Against U.S. Dollar Yen Rises To 2-day High Of 111.65 Against U.S. Dollar
    Read More
  • Forex news for NY trading on September 21, 2017. In other markets today, the near end of day snapshot shows: - Spot gold down -$9.75 to $1291.45. The 50 day MA stalled the fall today around $1288.30 (). ?

    Forexlive Americas FX news wrap: The day after the FOMC? Dollar mixed.

    Forex news for NY trading on September 21, 2017. In other markets today, the near end of day snapshot shows: - Spot gold down -$9.75 to $1291.45. The 50 day MA stalled the fall today around $1288.30 (). ?
    Read More
  • Dollar Paring Gains After Yesterday's Surge The dollar is down against all of its major rivals Thursday afternoon, easing back from the sharp gains of the previous session. The buck surged yesterday afternoon following the release of the Federal Reserve's policy statement. The Fed left interest rates unchanged yesterday, but signaled that another rate hike is likely this year. The Fed's projections pointed to a quarter basis point rate increase later this year, with the rate hike widely expected to come at the December meeting. The central bank also revealed that it will begin shrinking its $4.5 trillion balance sheet in October, initially allowing $10 billion in bonds to roll off each month. First-time claims for U.S. unemployment benefits unexpectedly decreased in the week ended September 16th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims fell to 259,000, a decrease of 23,000 from the previous we..

    Dollar Paring Gains After Yesterday's Surge

    Dollar Paring Gains After Yesterday's Surge The dollar is down against all of its major rivals Thursday afternoon, easing back from the sharp gains of the previous session. The buck surged yesterday afternoon following the release of the Federal Reserve's policy statement. The Fed left interest rates unchanged yesterday, but signaled that another rate hike is likely this year. The Fed's projections pointed to a quarter basis point rate increase later this year, with the rate hike widely expected to come at the December meeting. The central bank also revealed that it will begin shrinking its $4.5 trillion balance sheet in October, initially allowing $10 billion in bonds to roll off each month. First-time claims for U.S. unemployment benefits unexpectedly decreased in the week ended September 16th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims fell to 259,000, a decrease of 23,000 from the previous we..
    Read More
  • South African Rand Advances Against U.S. Dollar After South Africa Decision The South African Rand climbed against the U.S. dollar in early New York deals on Thursday, erasing early losses, after the the South African Reserve Bank kept its interest rate unchanged, citing heightened uncertainties in the economy. The Monetary Policy Committee retained the repo rate at 6.75 percent. The bank noted that the economic growth is expected to remain subdued against a backdrop of continued political and policy uncertainty. The rand climbed to 13.25 against the greenback, off its early more than 5-week low of 13.40.If the rand extends rise, 12.00 is likely seen as its next resistance level.

    South African Rand Advances Against U.S. Dollar After South Africa Decision

    South African Rand Advances Against U.S. Dollar After South Africa Decision The South African Rand climbed against the U.S. dollar in early New York deals on Thursday, erasing early losses, after the the South African Reserve Bank kept its interest rate unchanged, citing heightened uncertainties in the economy. The Monetary Policy Committee retained the repo rate at 6.75 percent. The bank noted that the economic growth is expected to remain subdued against a backdrop of continued political and policy uncertainty. The rand climbed to 13.25 against the greenback, off its early more than 5-week low of 13.40.If the rand extends rise, 12.00 is likely seen as its next resistance level.
    Read More
  • Dollar Off Early Highs Ahead Of U.S. House Price Index The Federal Housing Finance Agency's House Price Index for July is expected at 9.00 am ET Thursday. The forecasters are looking for growth of 0.4 percent, while it grew 0.1 percent in the previous month Ahead of the data, the greenback came off from its early highs against its major rivals. The greenback was worth 112.39 against the yen, 0.9716 against the franc, 1.3504 against the pound and 1.1915 against the euro as of 8:55 am ET.

    Dollar Off Early Highs Ahead Of U.S. House Price Index

    Dollar Off Early Highs Ahead Of U.S. House Price Index The Federal Housing Finance Agency's House Price Index for July is expected at 9.00 am ET Thursday. The forecasters are looking for growth of 0.4 percent, while it grew 0.1 percent in the previous month Ahead of the data, the greenback came off from its early highs against its major rivals. The greenback was worth 112.39 against the yen, 0.9716 against the franc, 1.3504 against the pound and 1.1915 against the euro as of 8:55 am ET.
    Read More
  • Dollar Mixed Ahead Of Weekly Jobless Claims The Labor Department's Jobless Claims for the week will be published at 8.30 am ET Thursday. The economists are looking for consensus of 303K, up from 284K in the prior week. Ahead of the data, the greenback traded mixed against its major rivals. While the greenback fell against the euro, it held steady against the rest of major rivals. The greenback was worth 112.37 against the yen, 0.9724 against the franc, 1.3500 against the pound and 1.1919 against the euro as of 8:25 am ET.

    Dollar Mixed Ahead Of Weekly Jobless Claims

    Dollar Mixed Ahead Of Weekly Jobless Claims The Labor Department's Jobless Claims for the week will be published at 8.30 am ET Thursday. The economists are looking for consensus of 303K, up from 284K in the prior week. Ahead of the data, the greenback traded mixed against its major rivals. While the greenback fell against the euro, it held steady against the rest of major rivals. The greenback was worth 112.37 against the yen, 0.9724 against the franc, 1.3500 against the pound and 1.1919 against the euro as of 8:25 am ET.
    Read More
  • Dollar Rises After Weekly Jobless Claims Following the release of U.S. weekly jobless claims for the week ended September 16 at 8.30 am ET Thursday, the greenback rose against its major rivals. The greenback was trading at 112.46 against the yen, 0.9730 against the franc, 1.3494 against the pound and 1.1909 against the euro around 8:31 am ET.

    Dollar Rises After Weekly Jobless Claims

    Dollar Rises After Weekly Jobless Claims Following the release of U.S. weekly jobless claims for the week ended September 16 at 8.30 am ET Thursday, the greenback rose against its major rivals. The greenback was trading at 112.46 against the yen, 0.9730 against the franc, 1.3494 against the pound and 1.1909 against the euro around 8:31 am ET.
    Read More
  • U.S. Dollar Advances On Fed Rate Hike Signal In Dec. The U.S. dollar climbed against most major counterparts in early European deals on Thursday, as the Federal Reserve stuck to its plan for raising the interest rate again later this year and decided to begin the reduction of balance sheet from October. The U.S. Federal Reserve left interest rates unchanged at a range of 1 percent to 1.25 percent. As expected, the Fed announced that it would begin shrinking its $4.5 trillion balance sheet starting October, but said the process would be gradual and predictable, initially allowing $10 billion in bonds to roll off each month. The Fed maintained projections for another rate hike by the end of the year and three additional hikes in 2018, brushing aside concerns over the impact of subdued inflation and recent hurricanes. "We anticipate that core and headline inflation will move up close to our 2 percent objective next year...the shortfall this year is due to transitory factors tha..

    U.S. Dollar Advances On Fed Rate Hike Signal In Dec.

    U.S. Dollar Advances On Fed Rate Hike Signal In Dec. The U.S. dollar climbed against most major counterparts in early European deals on Thursday, as the Federal Reserve stuck to its plan for raising the interest rate again later this year and decided to begin the reduction of balance sheet from October. The U.S. Federal Reserve left interest rates unchanged at a range of 1 percent to 1.25 percent. As expected, the Fed announced that it would begin shrinking its $4.5 trillion balance sheet starting October, but said the process would be gradual and predictable, initially allowing $10 billion in bonds to roll off each month. The Fed maintained projections for another rate hike by the end of the year and three additional hikes in 2018, brushing aside concerns over the impact of subdued inflation and recent hurricanes. "We anticipate that core and headline inflation will move up close to our 2 percent objective next year...the shortfall this year is due to transitory factors tha..
    Read More
  • Dollar Climbs after Fed Signals Rate Hike in December The U.S. dollar strengthened on Thursday after the U.S. Federal Reserve announced a plan to begin shrinking its balance sheet and also indicated one more rate hike, likely in December. The dollar index versus a basket of six major currencies stood at 92.50. The greenback rose to 112.595 yen, a two-month peak, from almost 111.30. The euro fell to $1.1883 from above $1.20 ahead of the Fed's policy announcement. The increase in U.S. Treasury yields raised the dollar's appeal. The yield on two-year U.S. Treasury notes rose to 1.451 percent, its highest level since November 2008 late on Wednesday. The Fed indicated that it still sees one more interest rate hike by the end of the year, despite a recent bout of low inflation, but pulled down its long-term interest rate forecasts. Fed fund rate futures are currently implying around a 65 percent likelihood of a rate hike by December compared to almost 50 percent ahead of t..

    Prime News: Dollar Climbs after Fed Signals Rate Hike in December

    Dollar Climbs after Fed Signals Rate Hike in December The U.S. dollar strengthened on Thursday after the U.S. Federal Reserve announced a plan to begin shrinking its balance sheet and also indicated one more rate hike, likely in December. The dollar index versus a basket of six major currencies stood at 92.50. The greenback rose to 112.595 yen, a two-month peak, from almost 111.30. The euro fell to $1.1883 from above $1.20 ahead of the Fed's policy announcement. The increase in U.S. Treasury yields raised the dollar's appeal. The yield on two-year U.S. Treasury notes rose to 1.451 percent, its highest level since November 2008 late on Wednesday. The Fed indicated that it still sees one more interest rate hike by the end of the year, despite a recent bout of low inflation, but pulled down its long-term interest rate forecasts. Fed fund rate futures are currently implying around a 65 percent likelihood of a rate hike by December compared to almost 50 percent ahead of t..
    Read More
  • *U.S. Dollar Rises To More Than 2-month High Of 112.72 Versus Yen U.S. Dollar Rises To More Than 2-month High Of 112.72 Versus Yen

    *U.S. Dollar Rises To More Than 2-month High Of 112.72 Versus Yen

    *U.S. Dollar Rises To More Than 2-month High Of 112.72 Versus Yen U.S. Dollar Rises To More Than 2-month High Of 112.72 Versus Yen
    Read More