AUD/USD is trading down 0.06% at 0.6932 The Australian dollar and the Chinese yuan came under pressure from weak Chinese economic data on Monday, while the U.S. dollar consolidated gains near a 20-year peak. Comments by ECB policymaker Francois Villeroy de Galhau that the euro’s weakness could threaten the...
Dollar Index is trading up 0.40% at 104.30 The dollar rose to fresh two-decade highs on Thursday as concerns that tighter monetary policies to tame surging inflation will hurt the global economy dampened risk sentiment and drove investors into safe-haven currencies. Data on Wednesday showed U.S. consumer price growth...
Dollar Index is trading down 0.09% at 103.54 The U.S. dollar stabilized in early European trade Tuesday after earlier falling back from a two-decade high as traders reappraise the likelihood of aggressive Federal Reserve rate increases. At 3:05 AM ET (0705 GMT), the Dollar Index, which tracks the greenback...
EUR/USD is trading down 0.57% at 1.0558 The last inflation dove in the European Central Bank’s top management appeared to give up the fight against a first-rate hike in a decade, acknowledging in a newspaper interview that neither negative interest rates nor quantitative easing is appropriate right now. “Under...
AUD/USD is trading up 0.78% at 0.7102 The U.S. dollar edged lower in early European trade Tuesday ahead of the start of the latest Federal Reserve policy-setting meeting, while the Australian dollar soared after the Reserve Bank raised interest rates and signalled more to come. At 2:55 AM ET...
DOLLAR INDEX is trading down 0.56% at 103.084 The dollar edged down from its recent 20-year high on Friday but was still on track for its best month since 2015, having been boosted by a combination of expectations for U.S. rate hikes and growth concerns in China and Europe....
EURUSD is trading below 0.46% at 1.0588 The euro fell below $1.06 for the first time in five years against a broadly strong U.S. dollar on Wednesday amid rising concerns around energy safety and growth slowdown in China and Europe. The euro slipped to a five-year low of $1.05860...
Dollar Index is trading up 0.38% at 101.50 The U.S. dollar climbed higher in early European trade Monday, gaining ground even against the euro despite Emmanuel Macron’s win in the French presidential election as traders sought out this safe haven. At 3:05 AM ET (0705 GMT), the Dollar Index,...
USDJPY is trading up 0.30% at 128.182 The U.S. dollar edged lower in early European trade Thursday as the world’s key finance ministers meet, but remains elevated amid expectations for aggressive Federal Reserve monetary tightening. At 3:15 AM ET (0715 GMT), the Dollar Index, which tracks the greenback against...
Dollar Index is trading up 0.08% at 100.789 The dollar rose on Tuesday to a fresh 20-year high against the Japanese yen and tested a two-year peak against the euro, supported by high U.S. Treasury yields. The dollar index, which measures the greenback against six other currencies, climbed past...