Tag: dollar holds
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Dollar holds 18-month high as Gulf tension, US inflation keep investors on edge
NEW YORK, Oct 12 : The dollar held at an 18-month high on Monday, supported by safe-haven demand as attacks escalated in the Middle East over the weekend, keeping investors cautious ahead of key US inflation data later this week.The dollar index, which tracks the US currency against six others, was up 0.37 p
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Dollar holds near 18-month high, euro lags as bond yields rise
LONDON, Oct 8 : The dollar edged towards its strongest level in 18 months on Thursday, after minutes from the US Federal Reserve signalled policymakers viewed inflation as the biggest risk to their outlook, while higher oil prices and rising euro zone bond yields have weighed on the euro.The global bond sell
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Dollar holds near two-month peak as yields rise, Fed data looms
(Corrects verb tense in headline)By Jiaxing LiHONG KONG, Sept 29 : The dollar hovered near a two-month high on Tuesday as volatile oil prices and a rapid climb in Treasury yields lent support, although gains were limited as traders awaited US data this week for clues on the Federal Reserve’s rate path
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Dollar holds firm at nearly two-week high as Middle East hostilities lift oil
TOKYO, Sept 2 : The dollar held near a two-week high on Wednesday as renewed hostilities in the Middle East drove oil prices higher, reviving inflation concerns and adding upward pressure on bond yields.The dollar index, which measures the greenback against a basket of currencies including the yen and the eur
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Dollar holds firm as Middle East hostilities lift oil
TOKYO, Sept 2 : The dollar held firm on Wednesday as renewed hostilities in the Middle East pushed oil prices higher and revived inflation concerns.The currency’s safe-haven appeal has been reinforced by rising Treasury yields and growing expectations of a Federal Reserve rate hike, even as recent economic da
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Dollar holds steady on safe-haven demand, ends down on the week
NEW YORK, July 17 : The dollar was flat on Friday, but ended the week lower as tame U.S. inflation data led traders to cut bets on imminent rate hikes from the Federal Reserve. Iran and the United States exchanged intensifying fire in a week-long escalation that has largely unravelled last month’s truce, s
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Dollar holds two-month high on rate hike bets, yen slides
HONG KONG, June 18 : The U.S. dollar clung to a more than two-month high on Thursday after a hawkish hold triggered rate-hike bets despite a U.S.-Iran deal, while the yen weakness drew fresh verbal warnings from Japanese officials.The U.S. central bank held rates steady in a 3.50 per cent-3.75 per cent range
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Dollar holds steady as US-Iran tensions and inflation data loom
TOKYO, June 10 : The dollar held steady against its peers on Wednesday as markets remained on edge over the latest clash between the U.S. and Iran, while investors awaited key U.S. inflation data for clues on the Federal Reserve’s rate path.The U.S. military struck Iranian targets after President Donald Tru
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