Tag: dollar
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Dollar set for big rise in September, mainly at euro’s expense
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 G10 currencies t
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Dollar keeps climbing as oil, US yields stay high; jobs data looms
LONDON/HONG KONG, Sept 29 : The dollar rose on Tuesday, set to surpass several-month highs against major peers, as volatile oil prices and a rapid climb in Treasury yields lent support, while the Aussie struggled as traders saw a dovish message hidden inside a rate hike. The euro dropped 0.24 per cent to $1.1
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Dollar holds near two-month peak as yields rise, Fed data looms
(Corrects verb tense in headline)By Jiaxing LiHONG KONG, Sept 29 : The dollar hovered near a two-month high on Tuesday as volatile oil prices and a rapid climb in Treasury yields lent support, although gains were limited as traders awaited US data this week for clues on the Federal Reserve’s rate path
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Dollar ascends to fresh 2-month high on inflation worry, Fed hike expectations
NEW YORK, Sept 24 : The dollar hit a fresh two-month high on Thursday, boosted by growing views for Federal Reserve interest rate hikes after hawkish comments from several central bank officials and expectations for solid economic growth.Treasury yields calmed after sharp moves in the prior session but remain
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Dollar hits fresh 2-month peak, Swiss franc falls, Norwegian crown rises
Sept 24 : The dollar hit a fresh- two-month high on Thursday after a sharp rally fuelled by expectations of additional Federal Reserve interest rate hikes following strong economic data and a hawkish shift in rhetoric.Meanwhile, the Swiss Franc fell against the euro and the dollar after the Swiss National Ban
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Dollar hovers near 2-month peak, Swiss Franc falls, Norwegian crown rises
Sept 24 : The dollar steadied near a two-month high on Thursday after a sharp rally fuelled by expectations of additional Federal Reserve interest rate hikes following strong economic data and a hawkish shift in rhetoric.Meanwhile, the Swiss Franc fell against the euro and the dollar after the Swiss National
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Dollar jumps to near two-month high on Fed outlook, inflation concern
NEW YORK, Sept 23 : The US dollar rallied to its highest level in nearly two months on Wednesday as investors’ expectations of a near-term Federal Reserve rate hike grew, while oil prices jumped after Iran cast doubt on progress in peace talks.Since the central bank’s rate hike of 25 basis points last week to
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Dollar jumps to near two-month high on Fed outlook, oil climb
NEW YORK, Sept 23 : The US dollar rose to its highest level in nearly two months on Wednesday as investors priced in a rate hike cycle from the Federal Reserve, while oil prices jumped as comments from Iran cast doubt on progress in peace talks.In the wake of the central bank’s rate hike last…
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Dollar choppy as investors weigh oil drop against Fed rate path
Sept 22 : The dollar was slightly higher on Tuesday, but off a two-month high hit earlier in the day as investors weighed another decline in oil prices against the possibility of more rate hikes from the Federal Reserve. Oil prices were down more than 2 per cent to a two-week low following Iran’s proposal…
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Dollar falters after Iran’s offer to reopen Hormuz sends oil lower
Sept 22 : The dollar whipsawed on Tuesday, weakening after hitting a near-two-month high after oil prices fell following Iran’s proposal to reopen the Strait of Hormuz within seven days if the US eases military pressure.The US currency fell 0.12 per cent versus the yen to 157.15, while the euro was largely un
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