The Australian dollar has fallen to 33-month-low after the US Federal Reserve tipped an end to its stimulus program, which had been pumping $US85 billion into the US economy each month. The Australian currency plunged as low as 92.62 US cents, down ...
The day we've been waiting for has finally arrived. Ever since May 22, when Fed Chairman Ben Bernanke said that the Fed could wind down QE3 over the course of the �next few meetings,� US economic data has been under the microscope as market ...
The New Zealand dollar fell to a week low as the Federal Reserve signalled an end to its quantitative easing programme which has debased the greenback.
Indian rupee slips against US dollar on hopes of inflows related to debt limit auction, say dealers. The pair is at 58.70/71 after rising to 58.92, versus its record closing high of 58.77/78 on Tuesday and remains within touch of an all-time high of 58 ...
KINGSTON, Jamaica - The Jamaican dollar continued its slide today trading at $101.61 to US$1, 45 cents higher than yesterday, according to the Bank of Jamaica's daily trading summary.
KINGSTON, Jamaica - The Jamaican dollar continued its slide today trading at $101.61 to US$1, 45 cents higher than yesterday, according to the Bank of Jamaica's daily trading summary.
The dive came as investors flocked to the US dollar as the Federal Reserve chairman Ben Bernanke indicated that the central bank may soon slow the rate of money printing in response to an improving economy.
THE Australian dollar has fallen to a two-and-a-half-year low after the US central bank said it could soon start scaling back its economic stimulus and following weak Chinese manufacturing data.
NEW YORK (MarketWatch) - The U.S. dollar rose on Tuesday against the Japanese yen, as the Federal Open Market Committee begun a two-day meeting to decide on monetary policy.
Against the backdrop of other major central banks easing monetary policy, or at least holding steady, the Fed's stance was seen as more hawkish, and thereby more supportive of the U.S. dollar as it raises the likelihood of U.S. yields rising higher ...
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