Search Results for: Yellen
Dollar rockets to two-week high versus yen as Fed officials signal rate hikes
August 29th, 2016
The dollar rose Monday to its strongest level against the yen in three weeks after several top Federal Reserve officials hinted that the central bank would raise interest rates at least once by the end of 2016. The greenback ...
Gold in Longest Stretch of Declines Since May as Fed Bets Climb
August 29th, 2016
Gold dropped for a seventh day, heading for the longest run of declines since May, and silver fell to a two-month low as comments from leading central bankers boosted speculation that U.S. interest rates may rise as soon as next month, buoying ...
Asia markets mostly down; Nikkei sells off following disappointing inflation data
August 29th, 2016
Asia markets closed mostly lower on Friday, with Japanese stocks selling off more than 1 percent after soft inflation data prompted concerns over the effectiveness of government stimulus. The benchmark Nikkei 225 closed down 195.24 points, or 1.18 percent, at 16,360.71. Across the ...
Fed’s Dislike of Negative Interest Rates Points to Limits of Stimulus Measures
August 29th, 2016
Federal Reserve officials are content to watch others’ experience of negative rates from a distance Federal Reserve officials are turning a cold shoulder to a controversial idea being tried in Japan and much of Europe to boost anemic economies: ...
Most Asia stocks slide on Fed officials’ rate comments, dollar firms
August 29th, 2016
Most Asian share markets tumbled on Monday while the U.S. dollar added to gains made after Federal Reserve Chair Janet Yellen indicated a U.S. interest rate increase remains on the cards for this year. European markets also looked set ...
Asian stocks slip on profit-taking; oil falls
August 24th, 2016
Asian stocks edged lower on Wednesday as strong U.S housing data overnight increased the chances of an interest rate increase in coming months, prompting some investors to take profits, while oil prices slipped after a surprise jump in U.S. ...
Dollar dips vs yen, kiwi lifted by RBNZ’s rate view
August 23rd, 2016
The dollar dipped against the yen on Tuesday, while the New Zealand dollar rose after the nation’s central bank chief said he did not see the need for a rapid succession of interest rate cuts. The dollar shed 0.1 ...
Asian Shares Mixed as Oil Prices Fall and Dollar Drops
August 23rd, 2016
Markets await policy details from the U.S. Federal Reserve’s annual meeting at Jackson Hole Shares in Asia were mixed Tuesday, as oil prices fell and the U.S. dollar weakened ahead of a key meeting of Federal Reserve officials and ...
Dollar edges up, but on track for weekly loss
August 19th, 2016
The dollar wallowed close to eight-week lows against the euro on Friday, and was poised for weekly losses against its major counterparts, after minutes of the U.S. Federal Reserve’s July meeting revealed central bank policymakers were in no hurry ...
The US dollar could stay stuck in a rut until after November
August 16th, 2016
The U.S. dollar is stuck in a rut, and it could stay there for a while. Dollar bulls have been falling by the wayside this summer, as the U.S.Federal Reserve looks further away from tightening its monetary policy. The currency also runs ...
