Search Results for: US Dollar
Dollar Slips After Trump Move, Asia Stocks Decline: Markets Wrap
January 30th, 2017
Yen gains with gold; many Asia markets shut for Lunar New Year Global criticism of Trump’s ban is building across globe The dollar declined with Asian stocks as traders digested the tensions sparked by Donald Trump’s order halting some ...
Massive Demand for UK Gilts Spurs GBP/USD Higher
January 25th, 2017
The Pound to Dollar exchange rate trades at 1.2571 and is the best-performing currency in the G10 space. The Pound to Euro exchange rate trades at 1.1693 with an attempt at 1.17 already having been made today. Gains are ...
U.S. Stocks, Dollar Retreat as Trump Targets Trade: Markets Wrap
January 24th, 2017
Treasuries rise as Trump strikes protectionist tone on trade Crude slumps, gold rallies as haven trades back in focus U.S. stocks fell with the dollar while Treasuries gained as the Trump administration targeted reworking America’s trade relationships as investors ...
Pound Sterling Predicted to Recover Against Euro, Dollar
January 23rd, 2017
The British Pound is expected to stay above its recent lows against the Euro and Dollar going forward as the currency has absorbed its fair share of Brexit-inspired negativity. The Pound trades well below where it should if the ...
Elliott Wave Analysis: USD Index Trading In A Temporary Correction; More Gains Ahead
January 23rd, 2017
The updated chart of USD Index shows us that pair is trading at the start of red wave 5) of 3, that can face a minimum three wave corrective reversal after blue wave 3-circled finds a top. Afterwards a ...
Oil prices rise amid weaker dollar, optimism over market tightening
January 20th, 2017
Crude futures gained traction on Friday, driven by a weaker U.S. dollar and signs of the market tightening after major oil producers agreed to cut output. On the New York Mercantile Exchange, light, sweet crude futures for delivery in ...
Dollar Drops on Yellen Comments, China Shares Rise: Markets Wrap
January 20th, 2017
Shanghai equities advance as GDP growth tops forecasts Gold heads for fourth weekly gain before Trump inauguration The dollar weakened after Janet Yellen said it’s prudent for the Federal Reserve to gradually adjust policy over time, while Chinese equities extended ...
Pound Sterling to Avoid a 10% Hit Against the Euro and Dollar say Credit Suisse
January 19th, 2017
Pound to Euro exchange rate today: 1.1560 Euro to Pound Sterling exchange rate today: 0.8652 Pound to Dollar exchange rate today: 1.2324 Pound Sterling was forecast to take another 10% slump on hard-Brexit manifesting itself according to Credit Suisse ...
Asian shares down, dollar jumps on Yellen’s rate hike signal
January 19th, 2017
Asian shares slipped on Thursday and the dollar rebounded after Federal Reserve Chair Janet Yellen signaled that the U.S. central bank is poised to pursue a path of interest rate hikes. The dollar had been grinding lower in recent ...
EY has awarded US $1m to the 2016 winners of its global program
January 18th, 2017
EY has awarded US$1m to the 2016 winners of its global program, Better begins with you, which recognizes outstanding EY people and teams who have found inspiring and impactful ways to bring the organization’s purpose – building a better ...