(Kitco News) - The U.S. dollar is in a long-term uptrend and the consequences of that mean commodities and countries whose economies depend heavily on commodity production will suffer, said a director of market strategy at a financial services group.
Indian rupee today weakened further by 10 paise to 55.69 against the US dollar in early trade on the Interbank Foreign Exchange due to appreciation of the US currency overseas.
NEW YORK, May 22 (Reuters) - The dollar rose to a 4-1/2-year high against the yen and a near three-year peak against a currency basket on Wednesday after Federal Reserve Chairman Ben Bernanke stoked speculation the U.S. central bank could slow its ...
KINGSTON, Jamaica - The Jamaican dollar lost against both its North American counterparts at the end of trading today. The US dollar traded for an average J$99.11, up seven cents from yesterday while the Canadian dollar went for J$97.37, a 30-cent gain.
THE Australian dollar is back on a downward spiral, reversing solid gains made overnight, as markets continue to react to recent statements from US Federal Reserve Chairman Ben Bernanke. The currency rose as high 97.50 US cents early today, up sharply ...
THE TAKEAWAY: The US Dollar and the S&P 500 have taken preliminary steps toward bearish reversals but confirmation of concrete downward follow-through remains elusive.
FXstreet.com (Barcelona) - The greenback, in terms of the US Dollar index, is prolonging its intraday decline on Thursday, falling to the current 83.75/80 region after overnight highs around 84.60.
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