Search Results for: US Dollar
Oil rises $2 as dollar eases, market wary of Fed
July 26th, 2022
Oil prices rose about $2 on Monday, bolstered by supply fears, a dip in the U.S. dollar and early strength in equity markets, but prices seesawed as some worried fuel demand could weaken if the Federal Reserve raises U.S. ...
The dollar was pinned near recent lows against other currencies
August 4th, 2021
The dollar was pinned near recent lows against other currencies on Tuesday, as traders awaited U.S. jobs data for a guide to the rates outlook, while labor market strength lifted the kiwi in anticipation of a New Zealand rate ...
Dollar firms in big week for FX markets
June 14th, 2021
The dollar held firm on Monday after posting its biggest weekly rise in six weeks as traders cut their bearish bets before a much-anticipated U.S. Federal Reserve meeting that might signal a change in the outlook for U.S. monetary ...
The dollar found support on Thursday. These are the top performers
May 27th, 2021
The dollar found support on Thursday from emerging views the Federal Reserve is slowly but surely edging towards a discussion about tightening monetary policy, and as traders await crucial U.S. inflation data this week. In a market heavily short ...
London copper set for third straight weekly gain on weaker dollar
April 23rd, 2021
Copper prices were on track for their third straight week of gains on Friday, as a weaker dollar made greenback-priced metals cheaper and more appealing to holders of other currencies. Three-month copper on the London Metal Exchange CMCU3 rose ...
The dollar was poised to extend gains against major currencies on Monday
April 5th, 2021
The dollar was poised to extend gains against major currencies on Monday after the U.S. jobs report at the end of last week showed the nation’s labor market is recovering from the impact of the coronavirus shock. The focus ...
Bitcoin rises as Visa moves to approve crypto USD Coin
March 29th, 2021
Bitcoin prices climbed as much as 3% by late-morning in London on Monday following yet more news of potential mainstream financial adoption of cryptocurrencies by major players. Reuters news agency reported that Visa had said it will allow the ...
The pound pushed higher on Monday
March 29th, 2021
The pound pushed higher on Monday as the UK’s vaccine rollout programme steamed ahead and the economy started to reopen under prime minister Boris Johnson’s roadmap out of lockdown. Sterling was 0.4% up against the dollar at €1.3844 and ...
The dollar rose on Friday; Riskier currencies lost out
March 12th, 2021
The dollar rose on Friday, recovering its losses from the day before, as a spike in Treasury yields early in the European session triggered a risk-off move in global currency markets, with riskier currencies taking a hit. Market participants ...
Dollar buoyed by U.S. recovery hopes, bitcoin near record $52,640
February 18th, 2021
The dollar held its ground on Thursday after its first back-to-back gains in two weeks as upbeat data bolstered expectations that the U.S. economy would recover from the coronavirus pandemic faster than most of its peers. Bitcoin traded just ...
