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Investors Snap up Dollar on Hawkish Fed Views; Yen Slumps Past 126

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Dollar Rebounds as Brainard Assures Markets Fed Will Stay the Course

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Sterling Strengthens Slightly, Holding Around $1.30

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Euro Boosted by French Election, Dollar Near Two-Year Highs

Using an Economic Calendar – How Can It Help When Trading?
Date: April 11, 2022
Participants in the financial markets are constantly monitoring the release of economic indicators, that is natural. How the economy evolves has the potential to influence asset prices. At the same, because activity in the market tends to spike when figures are released, it can provide opportunities to take advantage of short-term momentum bursts. However, although...

U.S. Dollar Surges as Index Hits 100 for First Time in Nearly Two Years
Date: April 8, 2022
By Iain Withers and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) – The U.S. dollar index on Friday advanced to 100 for the first time in nearly two years, boosted by the prospect of a more aggressive pace of Federal Reserve tightening to curb soaring inflation. The greenback has gained ground against a basket of six currencies...

Dollar Slides From Near Two-Year High Amid Hawkish Signals From Fed
Date: April 7, 2022
By Gertrude Chavez-Dreyfuss and Tommy Wilkes NEW YORK/LONDON (Reuters) – The dollar slipped from a near two-year high on Thursday, as investors digested hawkish signals from the Federal Reserve and wondered whether expected tightening moves in the future have already been priced in. The dollar index hit 99.823 on Thursday, the highest since late May...

Dollar Heads Towards 2-year High After Fed Aids Greenback Bulls
Date: April 7, 2022
LONDON (Reuters) – The dollar was heading towards a two-year high against a basket of major currencies on Thursday after meeting minutes showed the Federal Reserve preparing to move aggressively to fight inflation, while commodity-linked currencies fell further. The euro remained near a one-month low below $1.09 as investors await European Central Bank minutes due...

U.S. Dollar Little Changed Ahead of Fed Minutes
Date: April 6, 2022
By Gertrude Chavez-Dreyfuss and Joice Alves NEW YORK/LONDON (Reuters) – The dollar was flat to slightly higher on Wednesday, retreating from sharp gains the previous session following hawkish comments from one of the Federal Reserve’s top officials, as investors looked to the release of the U.S. central bank’s minutes of its last monetary policy meeting....

French Election, Russia Sanctions Keep Pressure on Euro
Date: April 6, 2022
By Joice Alves LONDON (Reuters) – The euro steadied on Wednesday after falling to its lowest level in a month against a strengthening dollar as the prospect of new Western sanctions on Russia and the upcoming French presidential election added to pressure on the European currency. The euro had edged up 0.06% to $1.09130 versus...
