Dollar climbs to near 150 vs yen after U.S. shutdown avoided
By Chuck Mikolajczak and Herbert Lash NEW YORK (Reuters) -The dollar index climbed on Monday, building on four straight weeks of gains, after the U.S. government avoided a shutdown and economic data again supported the view that the Federal Reserve will keep interest rates higher for a longer period of time. U.S. manufacturing…
Buoyant dollar pushes fragile yen to within striking distance of 150
By Rae Wee SINGAPORE (Reuters) – The dollar kicked off the last quarter of the year on the front foot on Monday as the prospect of higher-for-longer U.S. rates provided solid support, pushing the yen to an 11-month low. Currency moves were subdued in early Asia trade with parts of Australia out for…
Dollar off 10-month high, yen still under intervention watch
TOKYO, Sept 28 (Reuters) – The dollar held off a 10-month high on Friday as markets headed into the end of the quarter, giving the yen slightly more breathing room at the end of the week amid intervention concerns. The euro largely held its ground after rebounding overnight, but was still not far…
Dollar sticks near 10-month high, keeping heat on yen
By Brigid Riley TOKYO, Sept 28 (Reuters) – The dollar clung near a 10-month high against a basket of its peers on Thursday, keeping the yen under pressure near a key intervention zone as investors size up upbeat U.S. economic data and fresh comments from Federal Reserve officials. Federal Reserve Bank of Minneapolis…
Dollar at 10-month high, yen weakens amid intervention watch
By Karen Brettell NEW YORK (Reuters) – The dollar index hit a 10-month high on Tuesday while the Japanese yen came closer to the key 150 level, where Japanese officials are seen as potentially intervening to shore up the currency. Benchmark 10-year U.S. government bond yields have jumped to 16-year highs this month…
Asia FX dips, dollar steadies at 10-mth high on rate hike talk
Investing.com– Most Asian currencies fell slightly on Tuesday, while the dollar steadied at its highest levels for the year on growing bets that U.S. interest rates will rise further this year. The dollar index and dollar index futures rose slightly in Asian trade, as hawkish comments from Minneapolis Federal Reserve chief Neel Kashkari…
Dollar eases after Fed-spurred rise; yen stronger ahead of BOJ
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar eased against a basket of currencies on Thursday, but remained near a six-month high, a day after the Federal Reserve signaled U.S. monetary policy will remain restrictive for longer. The Japanese yen strengthened against the greenback before Friday’s Bank of Japan policy announcement,…
Dollar drifts higher as traders look to upcoming Fed decision
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar edged higher against a basket of currencies on Tuesday as traders awaited a raft of central bank interest rate decisions this week, including one by the Federal Reserve on Wednesday. The dollar index, which measures the currency against six major counterparts, was up…
Dollar eases as traders eye upcoming central bank decisions
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar eased against a basket of currencies on Monday but remained near a six-month high in muted trading as traders awaited interest rate decisions this week by the Federal Reserve, Bank of England and Bank of Japan. “The plethora of event risk and central…
Dollar jumps to 6-month high after data, ECB announcement
By Chuck Mikolajczak NEW YORK, Sept 14 (Reuters) – The dollar index surged to a six-month high on Thursday, as economic data was mostly stronger than anticipated and the European Central Bank (ECB) signaled it was likely done with its interest rate hike cycle. U.S. retail sales increased 0.6% in August, more than…
Recent Comments