The dollar jumps after the Fed signaled it was on track to raise interest rates next year, altering a pledge to keep them near zero.» Read More
The U.S. dollar slipped against major currencies on Tuesday on expectations that the Federal Reserve would take a cautious tone.
Emergency measures by the Russian central bank Monday night looked to have fallen short within hours of their announcement.
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.
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.
WASHINGTON, Dec 11- The United States will continue to press China on its currency, protection of intellectual property and state-owned businesses, U.S. "The key with China is to continue to simply press them on those areas where trade is imbalanced, whether it's on their currency practices, whether it's on IP protection, whether it's on their state-owned...
Emerging markets may be buffeted by a stronger U.S. dollar and lower commodity prices, but the segment's bonds still look like a good bet, analysts said.
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.
SHANGHAI, Dec 9- Chinese shares plunged on Tuesday, sharply reversing course from a two-week rally fueled in part by speculation the central bank would further ease policy, with a key stock index recording its biggest fall since the depths of the global financial crisis. The gyrations follow the People's Bank of China's surprise November interest rate cut in...
Emerging market currencies will be "more volatile" as we go into 2015, says Luis Costa, head of CEEMEA FX and rates strategy at Citi.
SYDNEY, Dec 9- Oil prices skidded to fresh five-year lows on Tuesday, pressuring commodity-linked currencies and most Asian shares as a bout of risk aversion rippled through world markets. Brent crude shed 70 cents to $65.49 a barrel, while U.S. crude futures lost another 46 cents to $62.59. Prices are likely to remain around $65 a barrel for the next six to seven...
SHANGHAI/ BEIJING, Dec 9- China's yuan slid dramatically against the dollar on Tuesday, heading for the largest single-day drop in its relative value since 2008, as corporates bailed out of the currency on expectations of further monetary easing. Spot yuan slid nearly half a percent to 6.2007 per dollar in morning trade, accelerating a decline that began when...
SYDNEY, Dec 9- Oil prices plummeted to five-year lows on Tuesday, pressuring commodity-linked currencies and most Asian shares as a bout of risk aversion rippled through world markets. Brent crude shed 86 cents to $65.33 a barrel, while U.S. crude futures lost another 70 cents to $62.35. Oil prices are likely to remain around $65 a barrel for the next six to seven...
Investors consolidated gains made following a strong U.S. jobs report that is expected to trigger an interest rate increase next year.
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.
The U.S. dollar demonstrated broad-based strength on Wednesday, bolstered by more upbeat comments on the U.S. economy
WASHINGTON, Dec 3- Washington thinks China has so far lived up its commitment to move toward a market-determined exchange rate, a senior U.S. economic diplomat said in a speech on Wednesday. The United States has long pressured China to let its yuan currency appreciate, which the U.S. "If China continues to live up to this commitment, as it has in the months since the,...
The dollar rebounded on Tuesday, supported by a retreat in oil prices that has helped to lift it against commodity-linked currencies.