Dollar bounces after sharp selloff, weak data hurts euro
By Karen Brettell NEW YORK (Reuters) – The U.S. dollar gained on Tuesday as a sharp selloff last week was seen as overdone in the short term, while the euro was dented by weak German data and the Australian dollar slid after the country’s central bank raised interest rates but hinted the hike…
Dollar rebounds, Fed officials take center stage
By Karen Brettell NEW YORK (Reuters) – The U.S. dollar edged higher against the euro on Monday, after earlier dipping to an almost 8-week low on growing expectations that the Federal Reserve is done hiking interest rates, with U.S. central bank officials in focus this week for further signals on rate policy. Fed…
Dollar wobbles, remains vulnerable after Fed steer
By Vidya Ranganathan and Rae Wee SINGAPORE (Reuters) -Major global currencies were steady on Monday with investors preparing for the U.S. dollar to extend declines from late last week after the Federal Reserve dialled down its hawkish rhetoric. The dollar index slipped 0.08% to 104.99, with the euro gaining 0.08% to $1.0738. The…
Dollar weakens as risk appetite rises on view Fed rate hikes are done
By Gertrude Chavez-Dreyfuss and Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar fell across the board on Thursday, as investors’ appetite for riskier currencies grew as they bet the Federal Reserve is done raising interest rates after holding them steady in the previous session. The Fed left interest rates unchanged on Wednesday as…
US dollar falls as markets believe Fed is done hiking rates
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar fell against most currencies on Wednesday as investors perceived that Federal Reserve Chairman Jerome Powell’s statements after its two-day policy meeting suggested the U.S. central bank may be done raising interest rates. The policy-setting Federal Open Market Committee (FOMC), as expected, left rates…
Japan’s yen sinks broadly as BOJ policy adjustment seen inadequate
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The yen plummeted across the board on Tuesday, dropping to a 15-year low against the euro and a new one-year trough versus the dollar, after a minor step adopted by the Bank of Japan (BOJ) toward ending years of monetary stimulus failed to appease some investors…
Japanese yen rises to two-week high vs dollar on talk of BOJ policy tweak
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The Japanese yen climbed to a two-week peak against the dollar on Monday after a report said the Bank of Japan is considering tweaking its yield curve control policy to allow the 10-year Japanese government bond yield to rise above 1% when it concludes its meeting…
Market Close Notice: November Holidays Schedule
Dear AGF Members Please be informed the November holiday trading schedule will be as follows: 23th November Thanksgiving Day 24th November Black Friday AUS200 Close at 21:00 Close at 21:00 HKG33 Close at 19:00 Close at 19:00 JP225 Close at 18:00 Close at 18:15 NAS100 Close at 18:00 Close at 18:15 SPX500…
Gold back above $2,000 as investors seek hedge to Gaza invasion fear
Investing.com – Gold bulls recaptured the $2,000 an ounce territory that had eluded them the past two months as investors sought shelter in safe havens amid increasing worry that Israel would indeed push through with a full ground invasion of Gaza to flush out Hamas militants from the Palestinian land. Gold’s most-active futures…
Dollar up as risk sentiment sours, Treasury yields rise
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar rose to a near 1-week high against a basket of currencies on Wednesday, as investors’ appetite for riskier currencies faded following lacklustre corporate results that raised worries over the economic outlook, and as Treasury yields rose. Risk sentiment took a hit as tech…
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