Tag: dollar falls
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Dollar falls to three-month low on Treasury buyback worries
Aug 21 : The dollar fell to a three-month low against the euro on Friday as concerns mounted that the U.S. Treasury’s plan to expand buybacks of longer-dated government debt could weigh further on the U.S. currency.Treasury Secretary Scott Bessent said on Thursday he may increase the government’s repurchases
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Dollar falls to three-month low as Treasury moves to soothe bond jitters
LONDON, Aug 20 : The U.S. dollar was pinned near a three-month low on Thursday after the Treasury Department moved to calm a bond market selloff that had pushed long-end yields to their highest since 2007, lifting risk sentiment and undercutting the currency. The dollar index, which measures the dollar a
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Stocks mixed, dollar falls on Fed rate bets, but yields rise
NEW YORK, Aug 17 : U.S. stocks were mixed on Monday and the dollar fell to its lowest level since June, after a run of soft U.S. economic data, including an unexpected drop in retail sales, led markets to scale back bets on an imminent Fed rate move.Thirty-year Treasury yields, meanwhile, climbed to their h
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Dollar falls on surprise drop in US retail sales
NEW YORK, Aug 14 : The dollar fell on Friday after data showed U.S. retail sales unexpectedly declined in July, as traders weighed Federal Reserve policy and the prospect of a Bank of Japan rate hike next month aimed at supporting the yen.Retail sales dropped 0.6 per cent last month after an unrevised 0.2 per
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Dollar falls for second straight day but poised for weekly gain
NEW YORK, June 26 : The dollar slipped for a second straight session on Friday as recent economic data and a drop in oil prices cooled expectations for Federal Reserve rate hikes, although the yen remained in territory that left it primed for an intervention.Despite the recent declines, the greenback was stil
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Dollar falls after Trump halts US strikes on Iran
NEW YORK, June 11 : The dollar dropped sharply against major peers on Thursday after President Donald Trump called off plans for renewed U.S. military strikes on Iran at the last minute, saying negotiations with Tehran were heading towards a possible deal. The dollar tends to strengthen during periods of hei
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Equities lose some steam while dollar falls and oil slips
NEW YORK/LONDON, June 9 : MSCI’s global equities gauge pared earlier gains on Tuesday as it saw little support from Wall Street where investors waited anxiously for inflation data while the dollar dipped with oil prices on hopes for easing Middle East tensions after Iran and Israel halted attacks on each other.
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Dollar falls from highs after Iran halts Israel strikes; yen clings to 160/$
NEW YORK/LONDON, June 8 : The dollar pulled back on Monday from its highest level in nearly two months, after Iran said its attacks on Israel had ended.Tehran’s comments lured investors into other currencies that had been dented after strong U.S. jobs data on Friday prompted traders to ramp up bets on a Feder
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