The dollar index (DXY00 ... allows time for patience from the Fed. In addition, war jitters in the Middle East have hammered stocks today and increased liquidity demand for the dollar.
The dollar's upside momentum was broken, though follow-through dollar selling today has been limited. It is narrowly mixed, with the Swiss franc and euro leading the G10 with 0.15-0.20% gains.
That, Chandler says, triggered a selloff "before profit-taking emerged," as markets digest the Fed's communication. The WSJ Dollar Index rises 0.3%. The greenback strengthens 0.7% versus the pound ...
The dollar index (DXY00) on Friday rose by +0.72% and posted a 5-1/4 month high. The divergence between the Fed and ECB is boosting ... Friday and increased liquidity demand for the dollar.
The dollar is headed for its biggest rally in over a year on expectations US interest rates will stay high for longer and as investors pile into the haven currency amid escalating tensions in the ...
The only way to weaken the dollar at the moment, would be a rate cut or more QE. Since the Fed says QE is off the ... If he is right, dollar depreciation boosts growth in four ways.
"Yesterday's Fed message was more dovish than investors expected," analysts at Peak Trading Research said. Commodity markets are getting a boost from a softer dollar and better growth prospects in ...
The U.S. dollar hovered near a 4-1/2-month peak against ... The U.S. rate futures market now factors in 61.3% odds of a Fed rate cut in June, down from about 70.1% probability a week ago ...
The euro and sterling were among major currencies that notched one-week highs against the dollar on Thursday, rising to $1.09375 and $1.2798 respectively. "The Fed really, really wants its soft ...
In the trade-war years China has found ways to sidestep all kinds of US-imposed constraints on its economy — from curbs on the latest mobile-phone chips to Iran oil sanctions. But even Beijing ...