NEW YORK (MarketWatch) - The U.S. dollar rose against the Australian dollar after weaker-than-expected inflation data made investors adjust expectations for an Australian rate hike, while the euro strengthened after positive manufacturing data.
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Taipei, April 23 (CNA) The U.S. dollar rose against the Taiwan dollar Wednesday, gaining NT$0.023 to close at the day's high of NT$30.326 after moving in a narrow range ahead of the release of manufacturing activity data in the United States, dealers said.
Center for Research on Globalization - Apr 10, 2014
Two pressures are building on the US dollar. One pressure comes from the Federal Reserve's declining ability to rig the price of gold as Western gold supplies shrivel and market knowledge of the Fed's illegal price rigging spreads.
Yesterday we examined some of the causes behind the US Dollar's weak start to 2014, which has largely bucked consensus expectations given the widespread belief that US Treasury yields would rise amid the Federal Reserve's tapering of QE3.
Sell stop orders were triggered on Tuesday's downdraft that accelerated just after the Comex futures market opened. This week's firmer U.S. dollar index can be explained as one factor putting downside price pressure on gold Tuesday, along with profit ...