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Dollar index passes 101 for first time in two years as yen slide continues

Dollar index passes 101 for first time in two years as yen slide continues

Tue, Apr 19, 2022

The dollar index rose past 101 for the first time since March 2020 on Tuesday, as the greenback set its latest 20-year high on the yen and tested a two-year peak on the euro, supported by high U.S. Treasury yields and expectations of good economic data.

Dollar wavers with inflation looming as next test for rates

Dollar wavers with inflation looming as next test for rates

Tue, Nov 09, 2021

The dollar hovered a little below the year’s peaks on Tuesday, while cryptocurrencies scaled records, as inflation numbers loom as the next test of traders’ thinking on the outlook for interest rates.

Dollar in driver's seat as payrolls loom; sterling battered

Dollar in driver's seat as payrolls loom; sterling battered

Fri, Nov 05, 2021

The dollar was on course for a second straight week of gains against major peers on Friday, ahead of a key U.S. jobs report that could sway the timing of Federal Reserve interest rate increases.

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Gold prices ease, surrender gains on dollar strength

Gold prices ease, surrender gains on dollar strength

Mon, Dec 05, 2016

Gold prices dipped on Monday, giving up early gains as the U.S. dollar rose on expectations that the U.S. Federal Reserve will raise interest rates at its policymaking meeting next week.

Gold set for second weekly loss as dollar soars

Gold set for second weekly loss as dollar soars

Fri, Nov 18, 2016

Gold dropped to a 5-1/2-month low on Friday and was set for a second week of declines, as the dollar soared after comments from the Federal Reserve bolstered expectations that U.S. interest rates would rise next month.

Rupee cracks 68-level, tumbles 32 paise

Rupee cracks 68-level, tumbles 32 paise

Fri, Nov 18, 2016

The rupee took a sharp plunge of 32 paise to crash below the 68-mark against the US dollar in early trade today on higher dollar demand from importers after the American currency strengthened overseas coupled with lower opening in the domestic stock market.

Asian shares firm in countdown to China data

Asian shares firm in countdown to China data

Wed, Oct 19, 2016

Asian shares inched ahead on Wednesday after Wall Street got a lift from encouraging corporate earnings and investors wagered an imminent barrage of Chinese data would confirm the economy had at least stabilised.

'Fat-finger' error seen as sterling slumps; Asian shares dip

'Fat-finger' error seen as sterling slumps; Asian shares dip

Fri, Oct 07, 2016

Sterling plunged to a three-decade low in thin early Asian trade on Friday as a break of key technical support levels triggered a wave of stop-loss orders.

Asian shares firm after U.S. service sector rebounds

Asian shares firm after U.S. service sector rebounds

Thu, Oct 06, 2016

Asian shares firmed on Thursday, encouraged by stronger U.S. economic data and a rise in oil prices, while growing prospects of a U.S. rate hike hit gold and the boosted the dollar to one-month highs versus the yen.

Asian stocks, gold slips on stimulus end prospects

Asian stocks, gold slips on stimulus end prospects

Wed, Oct 05, 2016

Asian shares and gold retreated on Wednesday and bond yields were near two-week highs after markets were rattled by a report flagging the possible withdrawal of global stimulus measures.

Oil prices dip on stronger dollar; rise in U.S. crude stocks data

Oil prices dip on stronger dollar; rise in U.S. crude stocks data

Wed, Aug 31, 2016

Crude oil futures fell in early trade on Wednesday as the U.S. dollar held around three-week highs and industry stocks data indicated a build in U.S. crude inventories.

Oil prices fall over 1%, on strong dollar, Iraq output

Oil prices fall over 1%, on strong dollar, Iraq output

Tue, Aug 30, 2016

Oil prices settled down more than 1 percent on Monday, snapping two consecutive days of gains, on renewed concerns about an oil glut, a stronger dollar and expectations that Nigerian rebels will stop hampering that country`s crude output.

Yellen's case for rate hike boosts dollar, stocks surrender gains

Yellen's case for rate hike boosts dollar, stocks surrender gains

Fri, Aug 26, 2016

U.S. equities gave up early gains on Friday, hurt by a surging U.S. dollar after Federal Reserve Chair Janet Yellen said that the case for raising U.S. interest rates has strengthened in recent months.

Oil prices fall over 1% on surge in dollar

Oil prices fall over 1% on surge in dollar

Fri, Aug 05, 2016

Oil prices fell 1 percent on Friday as the dollar surged on robust U.S. jobs data, reasserting its influence over commodities as two days of short-covering and bargain-hunting in crude fizzled, bringing attention back to oversupplies.

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