Tag: dollar
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Dollar near three-month low on Treasury buyback worries
Aug 21 : The dollar slipped on Friday, trading near a three-month low against the euro, 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 Thursday he may increase the government’s
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Dollar wobbles as Treasury’s bond-market buybacks raise fresh concerns
Aug 21 : The dollar slipped on Friday and was set to end a bumpy week lower, as investors questioned whether the U.S. Treasury’s efforts to calm the bond markets might end up undermining confidence in the currency.Those concerns pushed the euro up 0.13 per cent to $1.1694, on course for its fourth consecutive
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Dollar hits 3-month low vs euro, pares losses after Treasury move
NEW YORK, Aug 20 : The U.S. dollar fell to a three-month low against the euro on Thursday before paring losses after the Treasury Department moved to calm a bond market selloff that had pushed long-end yields to their highest level since 2007.The Treasury said Wednesday it would double the size of its buyback
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Dollar at 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 against
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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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Dollar range-bound as markets price dovish Fed response
NEW YORK/LONDON, Aug 18 : The U.S. dollar was trading range-bound against major peers on Tuesday as markets continued pricing in a dovish response from the Federal Reserve in the wake of softer economic data.The euro eased from two-month highs of $1.161 touched on Monday and was last up 0.03 per cent at $1.15
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Dollar mostly flat as softer US data fuel dovish rate bets
NEW YORK/LONDON, Aug 18 : The U.S. dollar was mostly flat against major peers on Tuesday as markets continued pricing in a dovish response from the Federal Reserve in the wake of softer economic data.The euro eased away from two-month highs of $1.161 touched on Monday and was last up 0.07 per cent at $1.1587.
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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 steadies after benign US inflation curbs Fed rate hike bets
LONDON, Aug 13 : The dollar drifted on Thursday after an overall benign reading of U.S. consumer inflation prompted traders to pare back their bets on a September rate hike from the Federal Reserve.The U.S. currency is still up 0.4 per cent so far this week against a basket of major currencies, heading for it
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Dollar stalls after benign US inflation curbs Fed rate hike bets
LONDON, Aug 13 : The dollar drifted on Thursday after an overall benign reading of U.S. consumer inflation prompted traders to pare back their bets on a September rate hike from the Federal Reserve.The U.S. currency is still up 0.4 per cent so far this week against a basket of major currencies, heading for it
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