The euro nursed losses on Friday having come under broad pressure after the European Central Bank gave a sobering assessment of the euro zone economy.» Read More
The dollar slipped from a nearly four-month high after comments stoked uncertainty over whether the Fed would hike rates in September.
The slump in EM currencies could persist well past the Fed's first rate rise, due to Chinese economic weakness and commodity prices that have yet to bottom out, analysts have warned.
The dollar dropped from a near four-month high against a currency basket on Friday, as investors pared back bullish bets following jobs data.
The dollar edged lower against major currencies in choppy trading on Thursday, as investors balanced their positions ahead of Friday's data.
The dollar traded little changed on Wednesday as data showed the U.S. services sector expanded at its fastest pace in 10 years.
The dollar rose on Tuesday as a top Fed official voiced support for an interest rate increase in September despite a batch of disappointing data.
LONDON, Aug 4- Major currencies closely linked to commodities prices recovered some ground on Tuesday after a rough few weeks, as oil prices steadied and Australia's central bank changed its tone. The New Zealand dollar, which often tracks the Aussie, gained around half a percent, while the Canadian dollar, helped by a steadying of prices for Brent and U.S. crude,...
*Loonie hits 11- year lows as oil prices sink on China worries. TOKYO/ SYDNEY, Aug 4- The Australian dollar rose on Tuesday after the Reserve Bank of Australia took a more measured view on the currency's weakness, while the Canadian dollar languished at 11- year lows as a continuing selloff in oil prices thrust the loonie and other commodity currencies into the...
*Commodity currencies hit as oil prices sink on China worries. The loonie last traded at C $1.3154 per USD, not far from a low of C $1.3175 set overnight- a level not seen since August 2004. "The longer that crude takes to recover, the greater the risk to energy capex plans for 2016 which in turn feeds into the Bank of Canada's projections and lowers the hurdle for further...
The dollar gained as investors looked ahead to jobs data on Friday that is expected to show a still strengthening labor market.
*July PMI in China curbs risk sentiment. LONDON, Aug 3- Weak data from China helped push oil prices to their lowest in six months on Monday, knocking the Canadian dollar, and sent Asian stocks close to their 2015 lows. The S&P 500, Dow Jones Industrial and Nazdaq markets all looked set to open little changed, shrugging off the troubles of Greece whose stock market...
The dollar's appreciation has "peaked" and the U.S. economy is "doing nothing," an economist has told CNBC.
LONDON, Aug 3- The euro fell against the dollar on Monday as the Greek stock market plunged on its reopening following a five-week shutdown during which the country risked being pushed out of the euro zone. The dollar rose to C $1.31725, its highest September 2004. The euro slipped as low as $1.0953, having traded at $1.0990 in early London trade, with most investors...
The dollar fell against a basket of currencies on Friday, ending a decent month on a sour note.
The dollar rose to its highest level this week on Thursday after the U.S. Federal Reserve took another step towards raising interest rates.
The euro whipsawed against the dollar on Wednesday after the Federal Reserves said it would leave interest rates unchanged.
Emerging market currencies were eyed by investors on Wednesday as weak oil prices, China's market pain and after the Federal Reserve left its interest rates unchanged.
The U.S. dollar rebounded against the euro and yen on Tuesday after traders took profits from gains in those currencies.
The U.S. dollar hovered around a nearly two-week low against a basket of major currencies on Monday.
Robert Rennie, global head of FX strategy at Westpac Bank, expects factors such as the persisting slide in commodity prices and questionable growth in China to accelerate the fall in commodity currencies.