The dollar fell against a basket of currencies on Thursday after Federal Reserve chief Janet Yellen reiterated an accommodative monetary policy stance.» Read More
NEW YORK, Jan 21- The dollar strengthened on Tuesday in tandem with U.S. Developed market currencies were given a boost after the International Monetary Fund raised its global economic growth forecast to 3.7 percent in 2014 from 3.6 percent in October, its first increase in estimates in near two years.
LONDON, Jan 21- The dollar strengthened on Tuesday in tandem with U.S. In contrast, expectations are growing that the Bank of Canada may loosen its policy stance on Wednesday in the face of weakening economic data. The euro fell to a low against the dollar of $1.3525 after Germany's ZEW economic sentiment indicator for January came in below forecasts.
The euro recovered slightly from a two-month low against the dollar on Monday, helped by higher short-term market interest rates.
The Australian dollar tumbled to its lowest level since mid-2010 against a firmer U.S. dollar on Thursday.
New York, Jan 15- Strong U.S. regional manufacturing and price data lifted the dollar on Wednesday, boosting it against most major currencies, while the Canadian dollar weakened to a fresh four-year low. The greenback rose 0.4 percent to 104.62 yen, building on Tuesday's recovery, when it rallied more than 1 percent.
New York, Jan 15- The dollar index gained for a second straight day on Wednesday, helped by strong U.S. regional manufacturing and price data that lifted the greenback further from a one-month low against the yen and sent the Canadian dollar to a fresh four-year low.
LONDON, Jan 15- The dollar index gained for a second straight day on Wednesday, helped by firmer U.S. yields that pulled the greenback away from a one-month low against the yen and sent the Canadian dollar to a fresh four-year low.
The yen and Australian dollar nursed heavy losses early on Wednesday, having suffered a swift turnaround in fortunes as a shakeout in long dollar positions came to an abrupt end following upbeat U.S. retail sales data.
The U.S. dollar's decline to multi-week lows against the Japanese yen following Friday's shockingly weak U.S. jobs number represents just a temporary setback for the greenback, according to CNBC's latest poll.
The U.S. dollar has taken a beating in the aftermath of last week's much softer-than-anticipated non-farm payrolls report, dealing a blow to those betting on a stellar year for the greenback.
The dollar tumbled to its lowest in almost a month against the yen on Monday, following Friday's soft U.S. jobs data.
Trading at a four-year low and suffering its worst week since last June, the Canadian dollar has come under pressure against a basket of G10 currencies.
The dollar fell broadly after weaker-than-expected U.S. jobs data on Friday affirmed expectations that the Federal Reserve will take a gradual approach to tapering its bond buying program this year.
The euro traded marginally higher against the dollar, recovering from a sharp sell-off spurred by cautious comments made by the ECB's Mario Draghi.
LONDON, Jan 9- The euro held its ground before the European Central Bank's monthly news conference on Thursday after falling against the dollar and British pound overnight, while the Canadian dollar deepened a slide to hit its lowest since late 2009. The ECB meeting on balance was seen as a risk to the single currency, already forecast by many to fall against the dollar this year, given the chance of a downbeat assessment of the European economy's prospects at a time when U.S. policymakers are beginning to tighten the monetary screws.
The dollar gained against a basket of currencies on Wednesday after minutes of the Fed's Dec. 18-19 policy meeting.
*U.S. dollar helped by trade data. *Canadian dollar at lowest in almost 4 years. LONDON, Jan 8- The dollar consolidated gains against the yen on Wednesday after a boost from upbeat trade data a day earlier which triggered renewed appetite for riskier assets among global investors.
LONDON, Jan 8- The dollar rose against the yen on Wednesday as upbeat U.S. trade data the previous day triggered renewed appetite for riskier assets among global investors. The U.S. dollar rose 0.5 percent to 105.07 yen, pulling further away from Monday's two-week low of 103.88 and back towards last week's five-year high of 105.45 yen.
SYDNEY, Jan 8- The dollar hovered near a one-month high against a basket of major currencies early in Asia on Wednesday, having rebounded smartly overnight on the back of upbeat U.S. trade data.
The dollar gained against the yen on Tuesday, buoyed by US trade deficit data that could inflate estimates for fourth-quarter growth.