Category: Dollar

Dollar Drops as Rate-Hike Bets Profilerate Elsewhere, Yuan Hits 4-Month Peak

October 19, 2021
Asia & PacificAustraliaBusiness & EconomyCanadaChinaChina Business & EconomyCompaniesDollardropEconomieseconomyEuropehikeInternationalInvestmentMarket WatchMarketsrateUKUSUS NewsWorldyuan
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LONDON—The dollar retreated on Tuesday to a three-week low, hit by a proliferation in rate-hike bets in other markets, while the yuan surged to its highest in four months, benefiting from greenback weakness and a slight easing in property market concerns. A robust start to the U.S. earnings season and hopes that China will be…

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Dollar Looks Set to End Week Down, Yen Nears a 3-Year Low

October 15, 2021
Asia & PacificAustraliaBusiness & EconomyCompaniesDollardownEconomieseconomyEuropeInternationalInvestmentLocal NewsMarket WatchMarketsNew YorkRegional-Local NewsUKUSUS NewsWorldyen
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LONDON—The dollar headed for its first weekly decline versus major peers since the start of last month on Friday as global risk appetite rebounded, while the Japanese yen headed for a three-year low and the price of bitcoin hit nearly $60,000. The dollar index slipped 0.1 percent to 93.9 and was down 0.2 percent for…

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Dollar Falls to 10-Day Low as Rally Pauses; Riskier Currencies Rebound

October 14, 2021
Asia & PacificAustraliaBusiness & EconomyCurrenciesDollarEconomieseconomyEuropeFallInternationalMarketsRiskierUKUSUS NewsWorld
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LONDON—The dollar edged down against major peers on Thursday, reaching its lowest level in 10 days in a pullback from its recent rally, while the Australian and New Zealand dollars rose. Expectations that the U.S. Federal Reserve would tighten monetary policy more quickly than previously expected have helped the dollar rise since early September. But…

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Inflation Angst Lifts Stocks but Reins Back Dollar

October 14, 2021
Asia & PacificAustraliaBusiness & EconomyChinaChina Business & EconomyCompaniesDollarEconomieseconomyEuropeinflationInternationalInvestmentLocal NewsMarket WatchMarketsMiddle EastNew YorkRegional-Local NewsstocksTexasUKUSUS NewsWorld
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LONDON—World markets stayed focused on rising inflation on Thursday as tech stocks rebooted global equities, oil and gas prices fired up again but the dollar and benchmark government bond yields both stalled. Record high Chinese factory gate inflation data overnight following stronger-than-expected U.S. CPI figures on Wednesday meant the price pressure theme was very much…

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Dollar Near One-Year High Ahead of Fed Meeting Minutes

October 13, 2021
Asia & PacificAustraliaBusiness & EconomyChinaChina Business & EconomyDollarEconomieseconomyEuropeFedHighInternationalMarketsmeetingMinutesUKUSUS NewsWorld
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LONDON—The dollar held near a one-year high versus major peers on Wednesday, amid rising expectations the Federal Reserve will announce a tapering of stimulus next month, potentially following with interest rate hikes by mid-2022. Three Fed policymakers said on Tuesday that the U.S. economy has healed enough to begin to scale back the central bank’s…

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Dollar Hits Highest Vs Yen in Nearly 3 Years as Markets Retain Fed Taper Bets

October 11, 2021
Asia & PacificAustraliaBusiness & EconomyCanadaChinaChina Business & EconomyCompaniesDollarEconomieseconomyEuropeFedHK BusinessHong KongInternationalInvestmentMarketstaperUKUSUS NewsWorldyen
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LONDON—The dollar rose to its highest in nearly three years versus the yen on Monday as investors remained confident the U.S. Federal Reserve will announce a tapering of its massive bond-buying next month despite softer U.S. payrolls figures. The jobs data released on Friday pushed U.S. bond yields higher, and so the yen, which is…

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Rising Yields Lift Dollar as Oil Surges

October 11, 2021
Asia & PacificBusiness & EconomyChinaChina Business & EconomyCompaniesDollarEconomieseconomyEuropeInternationalInvestmentLocal NewsMarket WatchMarketsMiddle EastNew YorkNY NewsOilRegional-Local NewsSurgesUKUSUS NewsWorldyields
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LONDON/SYDNEY—World shares edged higher on Monday courtesy of gains in China, while rising Treasury yields lifted the dollar to a near three-year peak against the Japanese yen. Brent oil prices extended their bull run to reach ground last visited in late 2018, with gains across the energy complex stoking inflation concerns. “Higher energy prices, shortages…

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Stagflation Fears Stalk Shares, Rising Yields Lift Dollar

October 11, 2021
Asia & PacificBusiness & EconomyChinaChina Business & EconomyCompaniesDollarEconomieseconomyEuropeInternationalInvestmentLocal NewsMarket WatchMarketsMiddle EastNew YorkNY NewsOilRegional-Local NewsSharesstagflationSurgesUKUSUS NewsWorldyields
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LONDON—Stagflation jitters stunted growth in global shares on Monday, while bets that major central banks will tighten monetary policy pushed up bond yields and lifted the dollar to a near three-year peak against the Japanese yen. Brent oil prices extended their bull run to reach ground last visited in late 2018, with gains across the…

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US Dollar Net Long Bets Jump to Largest Since Mid-June 2019: CFTC

October 9, 2021
AmericasAsia & PacificAustraliaBusiness & EconomyCanadacftcChinaChina Business & EconomyDollarEconomieseconomyEuropeInternationalJumplargestMarketsUKUSUS NewsWorld
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NEW YORK—U.S. dollar net longs in the latest week surged to their highest level in more than two years, according to Reuters calculations and Commodity Futures Trading Commission data released on Friday. The value of the net long dollar position was $22.89 billion in the week ended Oct. 5, compared with $16.37 billion in the…

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Dollar Trades Flat as US Jobs Report Awaited

October 8, 2021
Asia & PacificAustraliaBusiness & EconomyCanadaDollarEconomieseconomyEuropeExecutive BranchflatInternationalInvestmentjobsMarketsPoliticsreportUKUSUS NewsWorld
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LONDON—The dollar traded flat against major currencies on Friday ahead of a U.S. non-farm payrolls report expected to provide traders with further clues on the pace of the Federal Reserve’s policy normalisation. The U.S. Dollar Currency Index, which measures the dollar against a basket of six peers, rose 0.1 percent to 94.338, last trading unchanged…

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