LONDON (Reuters) – The Japanese yen weakened against the dollar on Tuesday after the central bank pledged to keep interest rates low and adopted a forward guidance model to strengthen its commitment for its massive policy stimulus. The yen slipped 0.2 percent against the dollar at 111.25 yen in a volatile session and rebounding off […]
LONDON (Reuters) – Major currencies stuck to familiar ranges on Monday as investors shied away from taking out big positions ahead of a flurry of crucial economic data and central bank monetary policy meetings this week. With the Bank of Japan ending a two-day meeting on Tuesday, the Federal Reserve concluding its meeting on Wednesday […]
The dollar was steady against a currency basket on Thursday as the U.S. and the European Union stepped back from a trade war, while the euro was little changed ahead of the European Central Bank’s latest policy announcement later in the day. The U.S. dollar index, which measures the greenback’s strength against a basket of […]
The dollar was broadly lower on Monday following comments by U.S. President Donald Trump on interest rates and the currency’s strength, while the yen gained after reports that Japan’s central bank is debating moves to scale back its massive stimulus program. The U.S. dollar index, which measures the greenback’s strength against a basket of six […]
The dollar was trading at three week lows against a currency basket on Monday after the latest U.S. jobs report pointed to sluggish wage growth, while the pound shrugged off the shock resignation of UK Brexit secretary David Davis. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, […]
The dollar slipped lower against a basket of the other major currencies on Wednesday, as concerns over heightened trade tensions continued to weigh on market sentiment. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, slipped 0.11% to 94.26 by 03:19 AM ET (07:19 AM GMT), after gaining […]
The dollar edged higher against a currency basket on Wednesday in subdued trade amid a lull in an escalating trade dispute between the U.S. and China. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was up 0.13% to 94.78 by 02:47 AM ET (06:47 AM GMT), holding […]
The euro pushed higher on Thursday as investors awaited the conclusion of the European Central Bank’s policy meeting, while the dollar slipped, giving up gains made after a more hawkish sounding Federal Reserve raised interest rates. EUR/USD was up 0.20% to 1.1814 by 03:46 AM ET (07:46 AM GMT), as investors awaited details on the […]
The dollar and the euro were little changed in rangebound trade on Wednesday as traders awaited a Federal Reserve policy announcement later in the day and looked ahead to Thursday’s European Central Bank meeting. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was trading at 93.88 by […]
The euro climbed on Monday, eyeing a move towards last week’s three week highs ahead of the upcoming European Central Bank meeting this week, while the dollar erased early losses against the yen as investors shrugged off geopolitical woes. EUR/USD was up 0.34% to 1.1810 by 03:56 AM ET, having gained 0.92% last week. Demand […]
