Tag: dollar rises
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Dollar rises as Middle East conflict lifts oil, Fed hike looms
NEW YORK, Sept 14 : The U.S. dollar rose across the board on Monday, as the ongoing conflict in the Middle East pushed up oil prices and sent investors towards the safe-haven currency, and as investors braced for the Federal Reserve’s first interest-rate hike in more than two years.Warnings from leaders of t
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Dollar rises against euro and Swiss franc after US inflation data
NEW YORK, Sept 11 : The dollar edged higher against the euro and Swiss franc on Friday after U.S. inflation data showed a rise in consumer prices, reinforcing expectations that the Federal Reserve will raise interest rates next week. The dollar initially gained after the data release. However, i
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Dollar rises to 2-week high, Middle East conflict and rate paths in focus
Sept 2 : The dollar hit a two-week high on Wednesday as investors turned to the U.S. currency amid growing concerns about the economic impact of the energy shock and weighed diverging monetary policy paths across major economies.Iran and its Arab neighbours were plunged back into war on Wednesday by the bigge
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Dollar rises to one-year high on Fed hike bets; yen hovers near 40-year low
LONDON, June 23 : The U.S. dollar rose to its highest level in more than a year on Tuesday as traders positioned for a more hawkish Federal Reserve despite oil prices inching lower on ebbing Gulf tensions, while the yen strengthened after flirting with a four-decade low.Fed funds futures are pricing in more t
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