Tag: dollar edges
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Dollar edges higher against Swiss franc after US inflation data
NEW YORK, Sept 11 : The dollar edged higher against the Swiss franc on Friday after closely watched 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 as the data boosted the likelih
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Dollar edges higher against euro after US inflation data
NEW YORK, Sept 11 : The U.S. dollar edged higher against major peers on Friday after closely watched inflation data showing higher consumer prices reinforced expectations of a Federal Reserve interest rate increase next week.Labor Department data showed that the U.S. consumer price index increased 0.4 per cen
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Dollar edges higher as investors weigh Iran sanctions, Treasury buybacks
Aug 25 : The U.S. dollar regained some strength on Tuesday, as investors parsed Washington’s expanded sanctions against Iran and renewed efforts to ease pressure on longer-dated Treasury yields, while cryptocurrencies extended a rally on debasement fears.U.S. Treasury Secretary Scott Bessent unveiled an expan
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Dollar edges lower after four-day run of gains, yen stalled near 40-year low
NEW YORK, July 22 : The dollar eased slightly from a one-week high on Wednesday after four straight daily advances, while the yen saw a modest recovery from its weakest level in nearly four decades as traders weighed the likelihood of intervention from Tokyo and the odds of faster rate hikes by the Bank of…
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Dollar edges higher on escalating US-Iran tension, yen slides on pension doubts
NEW YORK, July 13 : The dollar clung to modest gains on Monday, underpinned by escalating hostilities in the Gulf and hawkish comments from a Federal Reserve governor ahead of the monthly U.S. inflation report.The yen slid following a Reuters report Japan had no immediate plan to change state pension funds’ a
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Dollar edges higher after data as yen holds near 40-year low
NEW YORK, July 7 : The dollar rose modestly on Tuesday following consecutive sessions of slight declines while the yen held near a four-decade low, as investors continued to watch for signs of possible intervention by Japanese authorities to support the currency.The greenback showed a muted reaction to report
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