Tag Archives: dollar index

Dow records fifth straight week of losses as Biden says allies are trying to avert World War III

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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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) …

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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 …

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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 …

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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 …

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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 …

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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 ​​1.3000. Any setbacks should be well taken …

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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 …

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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 …

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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, …

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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 $ …

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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% • …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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. …

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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 …

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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 …

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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 …

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