Tag: hovers near
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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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Dollar hovers near four-week peak as markets mull Fed hike odds
July 28 : The U.S. dollar steadied near a four-week high on Tuesday as traders assessed the possibility of a Federal Reserve interest rate hike this week, even as falling oil prices offered some relief on the inflation front.The dollar index, which measures the greenback against a basket of currencies includi
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Dollar hovers near two-month high on Fed hike bets; Japan warns on yen
HONG KONG, June 18 : The U.S. dollar hovered close to a two-month high on Thursday after a hawkish hold from the Federal Reserve triggered bets on rate hikes, while yen weakness drew verbal warnings from Japanese officials.The U.S. central bank held rates steady in a 3.50 per cent to 3.75 per cent range as…
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Yen hovers near 160 level, prompting warnings from Japanese officials
NEW YORK/LONDON, June 3 : Underlying dollar strength pushed the Japanese yen back to the key 160 level on Wednesday, prompting verbal warnings from authorities and keeping traders on alert for intervention, as fresh Gulf hostilities bolstered demand for the U.S. currency.The U.S. said Iran launched ballistic
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