Tag: dollar
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Dollar edges higher against euro after US inflation data
NEW YORK, Sept 11 : The U.S. dollar edged higher against major peers on Friday after closely watched inflation data showing higher consumer prices reinforced expectations of a Federal Reserve interest rate increase next week.Labor Department data showed that the U.S. consumer price index increased 0.4 per cen
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Dollar gains, euro slips after expected ECB rate increase
NEW YORK/LONDON, Sept 10 : The dollar rose against major currencies on Thursday, reversing some of this week’s losses triggered by rising oil prices and global bond yields, while the euro fell after the European Central Bank delivered an expected rate increase.The ECB raised interest rates on Thursday for the
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Dollar trades near 7-month low against yen as oil settles above $100
NEW YORK, Sept 9 : The dollar traded near a seven-month low against the yen on Wednesday as oil prices settled above $100 a barrel amid an escalating conflict in the Middle East, while investors positioned for central bank meetings next week.The U.S. currency has come under pressure largely due to the yen’s
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Dollar hovers near seven-month low vs yen as oil tops $100
NEW YORK, Sept 9 : The dollar hovered near a seven-month low against the yen on Wednesday as oil prices climbed above $100 a barrel amid an escalating conflict in the Middle East, while investors positioned for central bank meetings next week.The U.S. currency has come under pressure largely due to the yen’s
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Yen hovers near seven-month high, dollar steadies
NEW YORK, Sept 8 : The Japanese yen hovered near a seven-month high on Tuesday, while the dollar was little changed against major peers as a renewed rise in oil prices and higher U.S. Treasury yields kept investors cautious.The yen has gained nearly 5 per cent since last week, driven partly by several factors
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Yen pauses after rally as dollar firms
Sept 8 : The Japanese yen paused after rallying to near seven-month highs earlier on Tuesday, as inflation worries fuelled by a renewed surge in oil prices underpinned the dollar and Treasury yields. The yen strengthened to as much as 152.89 per dollar, surpassing levels reached during Japan’s July interv
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Yields, dollar rise, stocks ease after solid US jobs report
NEW YORK, Sept 4 : Treasury yields and the dollar rose, while stocks fell on Friday after stronger-than-expected U.S. job growth data boosted bets on a September interest rate hike by the Federal Reserve.All three of the major U.S. stock indexes ended lower in a broad selloff ahead of a three-day holiday wee
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Dollar bounces on job gains, then pares ahead of CPI
NEW YORK, Sept 4 : The dollar jumped on Friday after data showed that U.S. employers added 162,000 jobs in August, well above the 56,000 additions expected by economists, boosting bets on a September Federal Reserve interest rate hike, but then pared much of the gains as traders waited on next week’s inflation data.
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Dollar bounces as US jobs growth beats expectations
NEW YORK, Sept 4 : The dollar jumped on Friday after data showed that employers added 162,000 jobs in August, well above the 56,000 additions expected by economists.The data follows after an unexpected 23,000 job decline in July. The unemployment rate held steady at 4.1 per cent. The dollar index, whic
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Yen headed for strongest week in a month, dollar steady ahead of payroll data
HONG KONG, Sept 4 : The Japanese yen turned lower against the U.S. dollar on Friday after a two-day rally, but held on track for its strongest week in more than a month as traders raised bets on a Bank of Japan interest rate hike, while broader markets awaited U.S. payrolls data. The yen strengthened…
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