Tag: dollar eases
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Dollar eases as markets await Fed decision
NEW YORK, July 29 : The U.S. dollar edged down on Wednesday but stuck to familiar ranges against major currencies as investors awaited a Federal Reserve interest-rate decision, with some analysts warning that an interest-rate hike cannot be ruled out.Hostilities in the Middle East flared anew, sending oil pri
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Dollar eases as oil prices fall on pause in Middle East conflict
NEW YORK, July 27 : The dollar traded with a softer tone against the euro and the yen on Monday as a pause in U.S. bombing in Iran sent oil prices lower and bolstered risk appetite ahead of a busy week of central bank meetings.The euro rose as much as 0.4 per cent before paring…
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Dollar eases from 13-month high after data burst
NEW YORK, June 25 : The dollar was on track to snap a three-session streak of gains on Thursday, after a flurry of U.S. economic data that included a reading on inflation slightly dented expectations for rate hikes from the Federal Reserve this year. The Commerce Department said the personal consumption expen
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Dollar eases on fragile Israel-Iran truce; US inflation data in view
NEW YORK, June 9 : The dollar fell against major peers on Tuesday as a fragile ceasefire between Israel and Iran held and investors looked ahead to key U.S. data later in the week.The greenback tends to weaken against the euro and yen when tensions in the Middle East ease, as prospects for a peace…
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Dollar eases as Middle East hopes outweigh prospects of higher US rates
June 9 : The U.S. dollar fell on Tuesday, as hopes for a deal to reopen the Strait of Hormuz outweighed expectations of higher U.S. interest rates ahead of fresh U.S. data later this week.The U.S. economy is relatively insulated from energy shocks compared to other countries, which is one of the reasons why i
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Dollar eases as investors weigh Middle East hopes, rate outlook
June 9 : The U.S. dollar edged lower on Tuesday, as investors weighed hopes for a deal to reopen the Strait of Hormuz against expectations of higher U.S. interest rates following strong jobs data late last week.The U.S. economy is relatively insulated from energy shocks compared to other countries, which is o
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Dollar eases as Iran and Israel agree to halt strikes
NEW YORK/LONDON, June 8 : The dollar eased on Monday but hovered near its highest level in nearly two months, after Iran and Israel agreed to halt attacks on each other following an appeal by U.S. President Donald Trump.The pause in strikes by both Iran and Israel lured investors into other currencies that ha
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