The dollar rose after strong economic data further backed the case for the Federal Reserve to raise interest rates.» Read More
The dollar weakened across the board on Thursday after rising for four straight sessions.
The U.S. dollar stumbled against a basket of currencies on Thursday, even as the Fed's minutes indicated that a December rate rise is on the cards.
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The dollar slipped briefly as markets digested minutes of the Federal Reserve's policy meeting, but the morning's gains quickly returned.
The dollar climbed on Tuesday as a rise in U.S. inflation reinforced expectations that the Federal Reserve will raise interest rates next month.
Gareth Berry, FX and rates strategist at Macquarie, says that while international investors are keen to sell the Australian dollar ahead of a Fed hike, there is still strong onshore demand.
The dollar rose sharply, as markets were unshaken by the weekend attacks in Paris.
The dollar moved higher against major currencies on Friday as U.S. consumer sentiment beat forecasts.
Roy Teo, senior FX strategist at ABN AMRO, says the euro could fall another three cents against the dollar to $1.05 by the end of this year and reach parity by next year.
The U.S. dollar dropped for a second day on Thursday as investors booked profits from its precipitous rise in November.
It was back to normal Thursday with the head of the European Central Bank (ECB) pushing down the euro with some dovish remarks.
TOKYO/ SYDNEY, Nov 12- The dollar was down against the euro and yen on Thursday as the currency consolidated after a recent rally, while the Australian dollar soared on suprisingly strong local jobs data. The euro was up 0.2 percent at $1.0763, having gone as low as $1.0674 this week- a level seen in late April. The biggest mover in Asia was the Aussie, which was last up 1.2...
*Wall Street drops as weak crude drags down energy shares. TOKYO, Nov 12- Asian shares shrugged off early losses as crude oil prices pulled away from their overnight lows, while the Australian dollar grabbed the spotlight and surged after a much stronger-than-expected employment report. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.6...
TOKYO/ SYDNEY, Nov 12- The dollar was down against the euro and yen on Thursday as the currency consolidated after a recent rally, while the Australian dollar soared on upbeat local jobs data. The euro was at $1.0771, having been as low as $1.0674 this week- a level seen in late April. The biggest mover in Asia was the Aussie, which was last up 1.1 percent at $0.7142 after...
The dollar edged down on as investors took advantage of the thin holiday trading session.
The dollar rose towards a seven-month peak against a basket of major currencies on Tuesday.
The dollar fell against major world currencies on Monday as investors took profits on the greenback's surge last week.
The dollar jumped to a more than six-month high on after data showed the U.S. economy created more jobs than expected in October.
The dollar hit a three-month high against a basket of major currencies and a two-month peak versus the yen.
The dollar rose sharply as remarks from Fed Chair Janet Yellen intensified bets the central bank would raise interest rates next month.