US stocks closed lower on Friday, with all three major benchmarks posting another week of losses, after President Joe Biden called for a suspension of normal trade relations with Russia amid sanctions aimed at economically isolating Moscow for his unprovoked attack in Ukraine. Tentative optimism about the war, linked to …
Read More »Euro rises from 22-month low on EU bond issuance plans announced
A shop cash register is seen with sterling and euro currency in the cash register in the border town of Pettigo, Ireland October 14, 2016. REUTERS/Clodagh Kilcoyne Join now for FREE unlimited access to Reuters.com Register The euro is gaining against other currencies like the yen and the Swiss franc …
Read More »Ukraine War Clouds Solid US Wage Bill: EUR/CHF Tanks, Yen Gains
Aussie soars to 2022 highs; Rise in metals, stocks, fall in bond yields Summary: The war that began with Russia’s invasion of Ukraine continued into its eleventh day over the weekend. Ukraine’s defense has been far more effective than Russia’s leadership expected of anyone else. The latest reports on the …
Read More »The euro retreats after the shock of the war
The euro edged higher on Friday after Thursday’s sharp declines following Russia’s invasion of Ukraine. The U.S. dollar edged lower against most currencies as markets pulled back from some of the stormy moves of the previous day. The Russian ruble also recovered ground, trading at around 83.5 to the US …
Read More »Australian stocks rebound on bargain hunting
The Australian stock market ended its session higher on Wednesday, February 23, 2022, as investors searched for bargains following Western nations’ sanctions on Moscow, with mining and healthcare stocks being notable gainers. At the close, the benchmark S&P/ASX200 index rose 44.41 points, or 0.62%, to 7,205.69. The broader …
Read More »Speculators net long bets on falling USD – CFTC, Reuters
NEW YORK, Feb 18 (Reuters) – Speculators’ net long bets on the U.S. dollar fell last week, according to Reuters calculations and U.S. Commodity Futures Trading Commission data released on Friday. The value of the net long dollar position was $6.76 billion for the week ended Feb. 15, the lowest …
Read More »EUR/USD under pressure after Powell’s hawkish signals
The euro loses ground against the US dollar EUR/USD is currently trying to settle below support at 1.1200 as the US Dollar gains ground against a large basket of currencies. The US Dollar Index is testing the resistance level at 96.70. If this test passes, the US Dollar Index will …
Read More »EUR/USD tests resistance at 1.1365
The euro gains against the US dollar The EUR/USD is currently trying to establish itself above the resistance of the 50 EMA at 1.1365 while the US Dollar is under pressure against a large basket of currencies. The US Dollar Index recently managed to break below the 50 EMA at …
Read More »Rupee Likely to Slide Further on Strong Dollar, FII Outflows; USDINR is trading sideways with a positive bias
The USDINR spot broke and held above the short-term hurdle of 74.50, the 100-day simple average, has now opened the way to the 75 level while support has been moved to 74.25. Extending losses for the third consecutive session, the Indian rupee fell 33 paise on Tuesday to close at …
Read More »GLOBAL MARKETS – US stocks fall after Fed’s Powell announces 2022 rate hikes on the charts
By Koh Gui Qing, Karin Strohecker (Updates to add comments from Fed Chairman Powell) * US stocks deepen losses after comments on Fed chairperson’s rate hike * Rebound in European and Asian equities * US Treasury yields rise slightly following remarks by Fed Chairman NEW YORK / LONDON, Jan.11 (Reuters) …
Read More »US equity futures drop as Goldman raises Fed rate hike forecast
[ad_1] U.S. equity futures fell on Monday as concerns about Federal Reserve policy spilled over, especially in the tech sector. What is happening Futures contracts on the Dow Jones Industrial Average YM00, -0.13% fell 48 points, or 0.2%, to 36,059. Futures on the S&P 500 ES00, -0.32% fell 0.3%, or …
Read More »Major banks’ forecasts for 2022: JPY, GBP, CAD, AUD, CHF, SEK, CNH
[ad_1] We talked a week ago about what experts at the world’s biggest banks and agencies think about the behavior of the EUR / USD pair through 2022. And the fact that we paid attention to it in the first place makes some sense. : after all, this pair is …
Read More »Investors expect a technical breakout of well-defined levels
[ad_1] EUR / USD entered a phase of consolidation around 1.1300. The ECB’s Knot sees the possibility that the bond buying program will end sooner than expected. Investors are expected to sit on the sidelines while they wait for volumes to return to normal levels. For the second day in …
Read More »Central bank decisions, BOJ, dollar
[ad_1] A currency trader monitors exchange rates in a trading room at KEB Hana Bank in Seoul on June 21, 2021. JUNG YEON-JE | AFP via Getty Images SINGAPORE – Asia-Pacific markets were expected to trade cautiously on Friday, following overnight losses on Wall Street as investors assessed monetary policy …
Read More »Rupee weakens against dollar and approaches level 76
[ad_1] NEW DELHI: The rupee fell against the US dollar on Tuesday as the global strength of the greenback and weakness in domestic stocks soured sentiment for the Indian currency, brokers said. Traders also preferred to face existing bets on the rupee ahead of the Federal Reserve’s monetary policy statement …
Read More »Loonie Maintains Range Ahead of US Jobs Report; Omicron Loom Fears
[ad_1] “Finally, signs of a major bottom in the works after a steep drop from 2020 high. A recent weekly close above 1.2500 encourages constructive outlook and opens the door for a return to the next one critical resistance in the area of ââ1.3000. Any setbacks should be well taken …
Read More »Chinese yuan hits six-month high against dollar
[ad_1] SHANGHAI, Dec. 1 (Reuters) – The Chinese yuan hit its six-month high against the dollar on Wednesday, helped by strong business demand as the dollar lost some of its strength overnight against the dollar. other major currencies. The dollar had surged after U.S. Federal Reserve Chairman Jerome Powell unexpectedly …
Read More »Powell Drops Stocks, Flattens Yield Curve With Talks About Accelerating Fed Taper
[ad_1] Text size Federal Reserve Chairman Jerome Powell. Alex Wong / Getty Images What is transient? Federal Reserve Chairman Jerome Powell admitted on Tuesday that it was not about inflation, and said the central bank would likely consider accelerating its reduction in bond purchases at its next meeting political on …
Read More »Rupee drops 37 paise to 74.89 against the US dollar
[ad_1] The rupee on Friday plunged 37 paise to 74.89 against the dollar as a massive sell-off of shares, amid concerns over a new variant of Covid and capital outflows, hit currency market sentiment. The dollar index, which measures the strength of the greenback against a basket of six currencies, …
Read More »The dollar takes a breather and hits 16-month highs
[ad_1] The US dollar took a break after a rally and hovered below a 16-month high in early Asian trading on Thursday. The US currency lost ground against the pound and yen overnight even as traders wondered if its recent surge began to falter. The British pound was at $ …
Read More »USD / CAD Daily Forecast – The Canadian Dollar Loses Against the US Dollar
[ad_1] The US dollar rises higher than the Canadian dollar The USD / CAD is currently trying to break above the resistance at 1.2550 as the US Dollar gains ground against a large basket of currencies. The US dollar index has moved above the resistance at 95.40 and is testing …
Read More »The US CPI hits its highest level in 31 years; bond yields, DXY soars, GBP sinks
[ad_1] Risk aversion constructs; Evergrande fears resurfacing, AUD tumbles Summary: A peak in the October U.S. Consumer Price Index of 6.2% year-on-year pushed the yield on key 10-year U.S. bonds up 12 basis points to 1.56% (1.44% ). Most economists were forecasting an increase of 5.8%. Headline inflation hit its …
Read More »Rupee gains 43 Paise to close at 74.03 against the US dollar
[ad_1] The rupee gained 43 paise to close at 74.03 (provisionally) against the US dollar on Monday as positive domestic actions and the accommodating outlook from the US Federal Reserve supported local unity. In the interbank forex market, the domestic unit opened at 74.25 against the greenback and posted an …
Read More »The dollar hits its highest level in over a year, but retreats
[ad_1] The US dollar surged to its highest level in more than a year on Friday, after data showed better-than-expected job growth in the US last month, but fell slightly late in the day then that risk appetite improved and stocks rose. Non-farm payrolls increased by 531,000 jobs last month, …
Read More »Dollar explodes higher on strong labor market data
[ad_1] – The United States is moving closer to “full employment”– paves the way for rate hikes in the United States– Dollar hits new 15-month highs– GBP / USD and EUR / USD near the lower end of the range Image © Adobe Images The dollar was on the verge …
Read More »America rally: dollar companies ahead of Fed policy meeting, Wall Street ends higher, gold prices fall, oil mixed with choppy trading ahead of US stocks, OPEC + meeting of November 3, 2021
[ad_1] Market overview ⢠Building permit Canada Sep (MoM) 4.3%, 3.1% forecast, -2.1% previous ⢠US Red Book (YoY) 16.9%, 15.6% previous ⢠French 12 month BTF auctions -0.651%, previous -0.636% ⢠French auctions BTF 3 months -0.772%, previous -0.736% ⢠French auctions BTF 6 months -0.684%, previous -0.685% ⢠…
Read More »Focus on RBA: AUD / USD holds 0.7500
[ad_1] USD / DXY eases, euro rebounds, Asian / EMFX close is mixed Summary: The Australian dollar held above the 0.7500 (0.7517) mark ahead of the RBA’s monetary policy meeting and rate announcement today (Sydney, 2:30 p.m.). Australia’s central bank is the first of two other major central banks (Federal …
Read More »Weekly Technical Market Snapshot: November 1-5, 2021
[ad_1] US dollar index (daily period): (Italics: previous analysis) Against a basket of six international currencies, the US dollar posted gains last week. After a two-week bearish phase, the index has sailed a stone’s throw from 2021 highs at 94.56. For those who have read the previous weekly preview, you …
Read More »Dollar bounces after improving jobs and housing data
[ad_1] NEW YORK (Reuters) – The dollar gained against a basket of currencies on Thursday, erasing earlier losses, boosted by better jobs and housing data, and as US Treasury yields rose. FILE PHOTO: A Japanese yen note can be seen in this illustrative photo taken June 1, 2017. REUTERS / …
Read More »Dollar drops as risk sentiment improves, bitcoin hits record high – Shore News Network
[ad_1] By Karen Brettell NEW YORK (Reuters) – The dollar fell on Wednesday as risk sentiment improved and investors focused on rising commodity prices and when global central banks are expected to start raising interest rates for to deal with still high inflation. The greenback hit a one-year high against …
Read More »Dollar retreats after weak US factory production data
[ad_1] By Karen Brettell NEW YORK (Reuters) – The dollar plunged on Monday after data showed production at U.S. factories fell the most in seven months in September, erasing earlier gains on expectations the Federal Reserve could be closer to raise interest rates than expected. US manufacturing production has been …
Read More »Dollar close to its 14 month high against the euro, focus on inflation
[ad_1] LONDON (Reuters) – The dollar held close to a 14-month high against the euro on Thursday, as surging energy prices increased the risk of the US Federal Reserve taking action earlier to normalize its policy. FILE PHOTO: One hundred US dollar bills can be seen in this photo taken …
Read More »America’s Roundup: Dollar Gains As Soaring Energy Prices Raise Inflation Concerns, Wall Street Rises, Gold Companies, Oil Pulls Back From Multi-Year Highs After U.S. Stocks Build Up on 7 October 2021
[ad_1] Market overview ⢠Non-farm employment change in US in September ADP 568K, forecast 428K, previous 374K ⢠2:30 pm US gasoline inventories 3.256M, -0.279M forecast, previous 0.193M ⢠2:30 PM US crude oil stocks 2.346M, forecast -0.418M, previous 4.578M Future Outlook Economic Data (GMT) ⢠23:50 Japan Seven Foreign …
Read More »Oil Prices Impact USDINR Movement: Myth or Reality?
[ad_1] The USDINR remained volatile throughout the week as it continued to track the US dollar index under low risk market conditions. After opening at 73.68, the pair traded between 73.61 and 74.36 before ending the week at 74.12. The dollar index has moved closer to a one-year high amid …
Read More »America’s Roundup: US Dollar Falls for Day 2, Wall Street Rises, Gold Companies, Oil Settles Near 3-Year High Ahead of OPEC + Meeting on October 2, 2021
[ad_1] Market overview ⢠US August Personal Income (MoM) 0.2%, forecast 0.3%, previous 1.1% ⢠August real personal consumption in the United States (MoM) 0.4%, previous -0.1% ⢠US August PCE Price Index (MoM) 0.4%, previous 0.4% ⢠US PCE Price Index (YoY) 4.3, 4.2 previous ⢠US personal expenditure …
Read More »The rupee registers its gains for the first time in six days; up 11 paise to 74.12 against the dollar
[ad_1] The Indian rupee broke its five-game losing streak on Friday to settle at 11 paise at 74.12 against the US dollar, following the strength of global currencies against the greenback. On the interbank foreign exchange market, the local unit experienced high volatility. It opened on a negative note at …
Read More »New Zealand stock jumped 20% today
[ad_1] New Zealand’s main stock index broke a three-day drop after US markets posted modest gains overnight and software company Gentrack jumped 20%. Thursday September 30, 2021, 6:50 p.m. by BusinessDesk The S & P / NZX 50 Index gained 154 points, or 1.2%, to 13,275.76. Turnover was $ 220.9 …
Read More »Rupee drops 13 paise to 74.19 against US dollar at start of trade
[ad_1] On September 28, the rupee had stood at 74.06 against the US dollar The Indian rupee lost 13 paise to 74.19 against the US dollar when trade opened on September 29, following a moderate trend in domestic stocks. In the interbank forex market, the rupee opened at 74.18 against …
Read More »Stock futures drop as bond yields hit three-month high
[ad_1] Yields on US government bonds hit their highest level in three months, and stock futures sagged as investors shied away from interest-sensitive tech stocks. S&P 500-linked futures fell 0.8%, a day after weakness in tech stocks pushed the broad index down and ended a three-day winning streak. Tech-rich Nasdaq-100 …
Read More »Dollar climbs as Evergrande uncertainty creeps in
[ad_1] NEW YORK, Sept. 24 (Reuters) – The dollar appreciated on Friday and set to post its third straight week of gains against a basket of major currencies, as uncertainty surrounding embattled Chinese real estate developer Evergrande helped the greenback to rebound after a sharp drop from the previous session. …
Read More »Dollar moves away from one month high; Traders Digest Fed Statement
[ad_1] By Peter Nurse Investing.com – The dollar eased at the start of European trading on Thursday, retreating from a one-month high as traders digest the previous session’s Federal Reserve meeting and what it means for future policy monetary. At 02:55 ET (0755 GMT), the Dollar Index, which tracks the …
Read More »Rupee drops 26 paise to close at 73.87 against the US dollar
[ad_1] The rupee fell 26 paise to close at 73.87 (provisional) against the US dollar on Wednesday, following a strong US currency in overseas markets ahead of the outcome of the US Fed meeting. In the interbank forex market, the local currency opened at 73.70 and experienced an intraday high …
Read More »Sudden glow of gold in a falling market
[ad_1] The Dow Jones index experienced its worst drop in 10 months on Monday, dropping 600 points or 1.8%. The S & P500 index lost about the same amount, 1.7%. The dollar index hit monthly highs, trading above 93.0. Intraday, the S & P500 had fallen more than 5% from …
Read More »USD / CAD Daily Forecasts – The Canadian Dollar Is Under Pressure As The Week Begins
[ad_1] The US dollar gains ground against the Canadian dollar USD / CAD attempted to move above resistance at 1.2900 but lost momentum and moved lower towards 1.2830 as US dollar lost momentum against a large basket of currencies . The US dollar index faced strong resistance at 93.40 and …
Read More »The Fed’s taper timeline is approaching; US yields, dollar extends gains
[ad_1] Risk-Off in Asia on Evergrande China, low resources Summary: The Dollar Index (USD / DXY), a popular indicator of the value of the greenback against a basket of 6 major currencies, extended its gains, climbing 0.39% to close at 93.20 (92.85) . Yields on US Treasury bonds rose on …
Read More »Bitcoin surges towards $ 49,000 amid fears that inflation of 5% and above is here to stay
[ad_1] Bitcoin (BTC) edged up on September 18 as attention shifted to the Federal Open Market Committee (FOMC) policy meeting following the decline in inflation figures last Tuesday. The BTC / USD exchange rate approached $ 49,000 on the Coinbase exchange, reaching $ 48,825 before declining due to sentiment of …
Read More »Rupee settles 4 paise higher at 73.48 against US dollar, Auto News, ET Auto
[ad_1] On a weekly basis, the rupee gained 2 paise against the US currency. Mumbai: The rupee closed up 4 paise at 73.48 against the US dollar on Friday, reflecting broad weakness in the US currency abroad. In the interbank forex market, the local unit opened at 73.49 against the …
Read More »This is the advantage of the dollar, because currencies oscillate at the rate of central bank policies
[ad_1] Currency fluctuations, especially in the second half of 2021, are driven by various positions of global central banks. A weak August non-farm payroll report and a conciliatory speech by Fed Chairman Jerome Powell in Jackson Hole dampened some of the dollar’s spike to the upside. As a result, the …
Read More »The weak dollar is likely to support
[ad_1] The Indian rupee is expected to remain cautious against the dollar when opening transactions on Tuesday, September 14, 2021, with investors hanging on their backs to crucial US inflation data. However, the weakness of the dollar abroad should limit the significant losses of the national currency. On Monday, the …
Read More »Risk, rally in emerging currencies, rise in bond yields
[ad_1] Stable stocks, mixed data ahead of crucial US jobs report Summary: The Dollar index (USD / DXY), popular gauge of US currency value against one basket of 6 major currencies dived to 92.65 (92.70). End of month adjustments, mixed economic data before Friday crucial U.S. Payroll Report seen more …
Read More »GBP / USD Daily Forecast – Support at 1.3710 in sight
[ad_1] British pound retreats against US dollar GBP / USD is currently attempting to move back below the support level at 1.3710 as the US Dollar advances against a large basket of currencies. The US dollar index has received support near the 20 EMA at 92.85 and is testing the …
Read More »Dollar mixed in lackluster trade, Aussie decline extends
[ad_1] Summary: The Dollar Index (USD / DXY) a popular gauge of the greenback value against one basket of 6 major currencies moved slightly lower, at 93.45 (93.53 Friday). Against the Antipode, Asian and Emerging market currencies however, the Dollar remained up for auction. The Australian dollar underperformed compared to …
Read More »Rupee ends 5-day winning streak, loses 11 paise against USD: The Tribune India
[ad_1] Bombay, August 9 Halting its five-session winning streak, the rupee fell 11 paise on Monday to close at 74.26 (tentative) against the US dollar, following the firm US dollar. In the interbank forex market, the national currency opened at 74.21 against the US dollar and slipped further to close …
Read More »US bond yields stable, dollar retains gains on strong services PMI
[ad_1] Summary: Exchange rate volatility picked up in North American trade after Fed Vice President Richard Clarida suggested that the we central bank could reduce support for the purchase of bonds. Earlier in the session, a US private employment report (ADP) weaker than expected drive it Dollar inferior. US ADP …
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