The U.S. dollar rose against major currencies for a third session on diverging monetary policy between the Federal Reserve and other central banks.» Read More
The U.S. dollar slipped against major currencies on Tuesday on expectations that the Federal Reserve would take a cautious tone.
The U.S. dollar rose against the euro on Monday on expectations that the Federal Reserve will take a less-dovish stance on monetary policy.
European shares closed sharply lower on Monday with earlier gains seen in the price of oil reversed after heavy gunfire was heard outside a Sydney cafe where hostages were being held.
The Norwegian crown sank to its weakest in more than a decade against the U.S. dollar on Friday, a day after Norway's central bank cut rates.
The dollar was boosted by strong U.S. retail sales numbers and declining jobless claims, suggesting the US economy may get a rate hike next year.
Gemma Godfrey, head of investment strategy at Brooks Macdonald Asset Management, says both the U.S. and the U.K. can accelerate in their pace of growth in 2015, despite an overall global weakness.
The euro edged higher against the dollar, but investors remained nervous over an uncertain political situation in Greece.
The yen rose strongly on Tuesday as a further drop in oil prices hit risk appetite.
Investors consolidated gains made following a strong U.S. jobs report that is expected to trigger an interest rate increase next year.
*Aussie, New Zealand dollar hit by China data, oil falls. "Nowotny's comments have just reinforced the market's view that the ECB is inching towards outright quantitative easing, we think probably in January, and that is continuing to hurt the euro," said Lee Hardman, a strategist with Bank of Tokyo-Mitsubishi UFJ in London. Sterling and the New Zealand and...
*Aussie, New Zealand dollar hit by China data, oil falls. LONDON, Dec 8- Sterling and the New Zealand and Australian dollars were the main losers among major currencies in early European trade on Monday, extending losses as the dollar continued to draw support from Friday's strong U.S. jobs data. The New Zealand dollar fell more than 1 percent to a 2-1/ 2 year low of...
The U.S. dollar reached fresh multiyear highs on Friday after a stronger-than-forecast November U.S. jobs report.
The euro rebounded from a more than two-year low against the dollar on Thursday.
LONDON, Dec 4- The euro jumped against the British pound on Thursday, on track for its biggest daily gains in two weeks, after European Central Bank President Mario Draghi poured cold water on those in the market expecting imminent quantitative easing. "Draghi is suggesting that an expanded asset purchase program could be delivered early next year, with...
LONDON, Dec 4- Sterling steadied on Thursday as traders who had initially reacted positively to British finance minister George Osborne's latest fiscal statement looked more closely at negative aspects including a cut to longer-term growth forecasts. While Osborne, in his Autumn Statement on Wednesday, raised growth forecasts for Britain's economy for...
Geoffrey Yu, FX strategist at UBS, says he likes sterling in the short term but an "adverse" outcome in a referendum on EU membership would create worries for the currency.
The U.S. dollar demonstrated broad-based strength on Wednesday, bolstered by more upbeat comments on the U.S. economy
LONDON, Dec 3- Sterling hit a three-week high against the euro on Wednesday, after a survey showed Britain's dominant services sector grew much faster than expected in November and finance minister George Osborne gave an upbeat budget statement. In his Autumn Statement, Osborne raised near-term growth forecasts and while the government will miss...
The dollar fell on Monday against the yen and euro as profit-taking emerged after it reached a seven-year high against the yen.
The dollar gained on Friday as concerns about continuing low oil prices added to deflation fears in the euro zone and Japan.