Search Results for: US Dollar
Oil rises on weaker dollar, U.S. production outlook caps gains
January 18th, 2017
Oil prices rose on Wednesday with a weaker dollar underpinning the market, although gains were limited by expectations that U.S. producers would boost output. U.S. West Texas Intermediate (WTI) crude oil futures were trading up 17 cents at $52.65 ...
Oil prices edge up on weaker dollar, expected crude output cuts
January 16th, 2017
Oil prices inched up on Monday, supported by a weaker dollar and expectations that OPEC and other producers will cut output as part of a deal to curb global oversupply. Brent crude futures LCOc1, the international benchmark for oil ...
Downside Targets for British Pound Against Euro, Dollar
January 14th, 2017
Pound to Euro Rate Today (13-1-16): 1.1410, could go as low as 1.0635 Pound to Dollar Rate Today: 1.2171, 1.09 forecast under hard-Brexit scenario Technical strategists at Credit Suisse have written to clients confirming they retain a negative stance ...
FXCM reports Retail customer trading volume of $235 billion in December 2016
January 13th, 2017
FXCM Inc. (NASDAQ:FXCM) today announced certain key customer trading metrics for December 2016 for its retail and institutional foreign exchange business. December 2016 Customer Trading Metrics from Continuing Operations (1) Retail Customer Trading Metrics Retail customer trading volume(2) of $235 billion in ...
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. ...
HKEX: USD/CNH Futures Volume Rises to All-time High
January 6th, 2017
USD/CNH Futures, the US dollar/Offshore Renminbi (RMB) futures traded at Hong Kong Exchanges and Clearing Limited (HKEX), had record high volume of 20,338 contracts (US$2 billion in notional value) today and open interest reached an all-time high of 46,711 contracts ...
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 ...
