Search Results for: dollar
Dollar edges up from 5-week low vs yen, markets brush off China trade data
January 13th, 2017
The dollar inched up from a five-week low against the yen and steadied against the broader basket of currencies on Friday, while the markets brushed off softer-than-expected Chinese exports figures. The dollar last stood at 115.04 yen JPY=EBS, up ...
A multibillion-dollar natural gas boom may reunify Cyprus
January 12th, 2017
A potential energy boom in Cyprus could spur a deal to reunify the ethnically-divided island after more than 40 years. A breakthrough may come at a United Nations-brokered multilateral summit in Geneva this week. The island nation has discovered ...
The Pound vs Dollar: What dealers predict
January 12th, 2017
Analysts at Citi – the world’s largest foreign exchange dealer – have confirmed to clients they are bearish on the Pound-Dollar exchange rate. In a communication released on Tuesday January 10, technical strategists have communicated expectations for further falls ...
Dollar slumps after Trump offers no details on economic policies
January 12th, 2017
The dollar skidded on Thursday, moving back toward one-month lows against the perceived safe-haven yen, after President-elect Donald Trump’s highly-awaited news conference failed to offer details on his promises to boost fiscal spending and cut taxes. Trump, who takes ...
Dollar Drops Further While Asia Stocks Are Mixed: Markets Wrap
January 10th, 2017
U.S. currency continues slide from peak at start of year Japanese shares slump, Hong Kong equities gain for fourth day The dollar slumped for a second day, continuing its slide from a multi-year peak at the beginning of 2017. ...
The dollar stepped further away from a 14-year peak against a basket of currencies
January 5th, 2017
The dollar stepped further away from a 14-year peak against a basket of currencies on Thursday, as investors locked in gains from its two-month-old rally after Donald Trump won the U.S. presidential election. The dollar had soared on Trump’s ...
U.S. Stocks Halt 3-Day Drop as Dollar, Gold Climb: Markets Wrap
January 4th, 2017
Crude slides from 18-month high amid doubts on OPEC cuts Warnings, optimistic calls vie for investor attention U.S. stocks rose with the dollar as economic data bolstered confidence that the American economy is poised to accelerate. Gold rose and ...
Dollar Retreats, While Stocks Advance With Crude: Markets Wrap
January 3rd, 2017
Most markets are trading for the first time in 2017 on Tuesday European equities climbed Monday on manufacturing strength Asian stocks advanced and crude oil climbed on the first full trading day of the New Year as a private ...
Dollar dips, Nikkei slugged by Toshiba selloff
December 29th, 2016
Asian shares were subdued on Thursday after Wall Street suffered a mild setback after weeks of gains, while a pullback in U.S. yields prompted year-end profit taking in the dollar. Japan’s Nikkei shed 1.3 percent as the yen firmed ...
The dollar firmed against the yen
December 28th, 2016
Asia stocks followed Wall Street higher on Wednesday, while the dollar firmed against the yen following the release of upbeat U.S. economic data overnight. Crude oil prices held large gains on expectations of supply tightening once oil-producing nations implement ...