Tag: dollar
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Euro drops to 17-month low on France debt concerns
NEW YORK, Oct 5 : The euro stumbled to a 17-month low against the dollar on Monday as concerns about France’s ability to tame its budget deficit and a sharp bond market selloff last week boosted fears of a potential sovereign debt crisis in the euro zone, while US economic data showed inflation pressures.Fren
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Euro sinks to 17-month low on France debt fears
NEW YORK, Oct 5 : The euro slumped to a 17-month low against the dollar on Monday as concerns about France’s ability to rein in its budget deficit and a sharp bond market selloff last week elevated fears of a potential sovereign debt crisis in the euro zone, while US economic data showed inflation pressures.F
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Euro hits 17-month low, dollar near pre-Liberation Day highs
Oct 5 : The euro slid to a 17-month low against the dollar on Monday as concerns about France’s ability to rein in its budget deficit and a sharp bond market selloff last week stirred fears of a return of sovereign debt crisis dynamics in the euro zone.French government bonds have come under pressure as…
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Euro at 17-month low, dollar near pre-Liberation Day highs
Oct 5 : The euro slid to a 17-month low against the dollar on Monday as concerns about France’s ability to rein in its budget deficit and a sharp bond market sell-off last week stirred fears of a return of sovereign debt crisis dynamics in the euro zone.French government bonds have come under pressure as…
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Dollar set for fourth weekly gain versus euro
NEW YORK, Oct 2 : The dollar was on track for a fourth straight weekly gain against the euro on Friday, supported by elevated US Treasury yields amid a selloff in European government bond markets and expectations the Federal Reserve will maintain its hawkish interest rate stance. The greenback trimmed some
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Dollar heads for fourth straight weekly gain versus euro
NEW YORK, Oct 2 : The dollar was on track for a fourth straight weekly gain against the euro on Friday, supported by elevated US Treasury yields amid a selloff in European government bond markets and expectations the Federal Reserve will maintain its hawkish interest rate stance. The greenback trimmed some
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Global bond selloff boosts dollar, pressures euro
NEW YORK/LONDON, Oct 1 : The dollar rose to a 17-month high against the euro on Thursday as a global bond selloff pushed US and European government yields to fresh highs, with higher oil prices stoking inflation concerns.The European currency fell below $1.1215 for the first time since May 2025 against the d
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Dollar hits 17-month high versus euro as bond selloff lifts yields
NEW YORK/LONDON, Oct 1 : The dollar rose to a 17-month high against the euro on Thursday amid a selloff in government bonds across the US and Europe, which pushed Treasury yields to fresh peaks as higher oil prices fanned inflation. The European currency fell below $1.123 for the first time since May 2025 a
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US dollar retreats after softer-than-expected inflation data
NEW YORK, Sept 30 : The dollar retreated against major currencies on Wednesday following data showing a smaller-than-expected increase in US inflation, which reduced market bets on an interest rate hike from the Federal Reserve.US Commerce Department data showed that the Personal Consumption Expenditures Pric
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Dollar surges in September, leaving euro lagging
Sept 30 : The dollar hovered near its highest level of the year against the euro on Wednesday and was on track for its biggest monthly gain versus the single currency in 14 months, buoyed by stronger US growth and rising interest-rate expectations.The euro has been one of the worst-performing major currencies
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