The dollar maintained its momentum, continuing to rally against major currencies in morning trade in Asia Wednesday even as both the Japanese yen and Korean won also gained ground. The U.S. dollar index climbed to a fresh high of 94.93 overnight. The index that tracks the greenback against a basket of six Read more…
The euro fell to its lowest level since November against the dollar on Tuesday as political turmoil in Italy and Spain weighed, while the safe haven yen posted broad gains amid widespread risk aversion. EUR/USD was down 0.29% to 1.1591 by 03:33 AM ET (07:33 AM GMT), the weakest level since Read more…
The dollar edged higher versus a basket of currencies on Wednesday, with investors awaiting the minutes of the Federal Reserve’s last policy meeting for hints on the pace of further U.S. monetary tightening. The dollar index .DXY , which measures the currency against a basket of six major peers, rose Read more…
The dollar hovered near five-month highs well above the 93 level in Asia on Friday morning, after climbing to this year’s fresh high at 93.46 overnight. Japan reported CPI data that missed expectation and failed to meet its 2% inflation target again, sending the yen lower. The U.S. dollar index that tracks Read more…
The dollar firmed on Thursday after the euro retreated to a five-month low on concerns political developments in Italy could cause wider disruptions in the euro bloc, while rising U.S. Treasury yields knocked emerging market currencies lower. The euro was last at $1.1827 EUR= , up 0.15 percent on the day, after Read more…
The dollar hovered near a five-month high against a group of major currencies on Wednesday, as a surge in the benchmark 10-year Treasury yield above 3 percent reignited a rally that had lost steam last week. The dollar index versus a basket of six major peers stood at 93.270 (DXY) after rallying Read more…
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