Tag: dollar
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Dollar near eight-day high as US data lifts Fed hike bets
TOKYO, August 27 : The dollar held near an eight-day high on Thursday after U.S. inflation and other economic data slightly lifted expectations of a Federal Reserve rate hike, ahead of the Jackson Hole central bankers’ symposium due to begin later in the day.Markets will also look to a speech and press confer
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US data buoys dollar as Fed hike expectations nudged higher
NEW YORK, Aug 26 : The dollar advanced on Wednesday after a batch of U.S. economic data, including a reading on inflation, that slightly pushed up expectations for a rate hike from the Federal Reserve ahead of the Jackson Hole symposium of central bankers this week. The Commerce Department said the Personal C
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US data lifts dollar as Fed hike expectations edge higher
NEW YORK, Aug 26 : The dollar was higher on Wednesday after a round of U.S. economic data, including a reading on inflation that slightly increased expectations for a rate hike from the Federal Reserve ahead of the Jackson Hole symposium of central bankers this week. The Commerce Department said the Personal
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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 inches up as markets weigh Iran sanctions, Treasury buybacks
HONG KONG, 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 unveil
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Dollar struggles for traction as markets weigh Iran sanctions, Treasury buybacks
HONG KONG, Aug 25 : The U.S. dollar struggled to hold onto gains against major peers on Tuesday, as investors parsed Washington’s expanded Iran-related sanctions and renewed efforts to ease pressure on longer-dated Treasury yields. The euro was a shade higher at $1.1668, hovering near a three-month peak hit l
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Dollar higher after Iran sanctions, loonie drops after US announces tariff increases
NEW YORK, Aug 24 : The U.S. dollar advanced on Monday, coming off its third weekly decline in four that sent the greenback to three-month lows after President Donald Trump’s administration announced an expansion of sanctions on Iran and separate tariffs on goods from Canada.The greenback extended gains after
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Shares dip on pressure from technology; yields and oil fall
NEW YORK/LONDON, Aug 24 : MSCI’s global equities gauge was lower on Monday as weakness in technology stocks offset support from a dip in U.S. Treasury yields and falling oil prices.Investors were waiting for details of threatened U.S. sanctions on Iran with Treasury Secretary Scott Bessent due to hold a press
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Can Iran survive Trump’s new sanctions?
Iran’s leaders are acknowledging economic hardship just as the Trump administration prepares the toughest sanctions the US has ever levied against the country. Will Tehran be able to withstand another wave of economic pressure?
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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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