foreign-exchange
TradingSterling Firms After 3-day Slide Against Sagging Dollar
TradingDollar Climbs, Euro Weakens to Two-Year Low After PMI Data
InvestingDollar Climbs to 13-month Peak, Bitcoin Eyes $100,000
InvestingGold Surges and Euro Sags as Broader War Risks Rise
Dollar Hugs 13-month Peak as Market Awaits Next Fed Cue
Date: November 22, 2024
By Brigid Riley TOKYO (Reuters) – The U.S. dollar stuck close to a 13-month high on Friday as investors assessed the outlook for the Federal Reserve’s interest rate path and uncertainty in Europe kept the euro on the back foot, while bitcoin eyed the $100,000 level. The yen, meanwhile, held its ground against the greenback...
Dollar Rises After Claims Data, Bitcoin Continues Rally
Date: November 22, 2024
By Chuck Mikolajczak NEW YORK (Reuters) -The dollar rose to a 13-month high in choppy trading on Thursday as investors assessed the latest labor market data and comments from Federal Reserve officials for the path of interest rates, while bitcoin continued its march toward the $100,000 level. Weekly initial jobless claims dropped 6,000 to a...
Sterling Sags as ‘Trump Bump’ Lifts Dollar
Date: November 21, 2024
By Amanda Cooper LONDON (Reuters) – The pound eased modestly against the dollar, which held firm on Thursday, as investors remained laser-focused on who President-elect Donald Trump’s Treasury Secretary pick might be and what that might mean for his policies on growth, trade and taxes. With the dollar in the ascendant, sterling wilted, last down...
Dollar Pulls Ahead as Markets Focus on Trump Policies, Fed Outlook
Date: November 21, 2024
By Brigid Riley TOKYO (Reuters) – The U.S. dollar stood broadly firm on Thursday as traders awaited more clarity on U.S. President-elect Donald Trump’s proposed policies and sought to second-guess the prospects of less aggressive interest rate cuts from the Federal Reserve. After stalling for three sessions, the greenback was back on the march higher,...
Investors Lift US Dollar, Focus on Federal Reserve Outlook
Date: November 21, 2024
By Chuck Mikolajczak NEW YORK (Reuters) -The U.S. dollar rose on Wednesday, renewing its post-election rally after a three-session decline as investors looked for more insight on the Federal Reserve’s interest rate plans and U.S. President-elect Donald Trump’s proposed policies. Safe-haven currencies such as the Japanese yen, Swiss franc and the greenback saw a brief...
Dollar Resumes Climb After Three-Day Fall as Investors Eye Fed
Date: November 20, 2024
By Chuck Mikolajczak NEW YORK (Reuters) -The U.S. dollar rose on Wednesday, restarting its post-election rally after a three-session decline as investors looked for more insight on the Federal Reserve’s plans for interest rates and U.S. President-elect Donald Trump’s proposed policies. Safe-haven currencies such as the Japanese yen, Swiss franc and the greenback saw a...