(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.
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 ...
A SHOCK contraction in Chinese manufacturing and the prospect that the US Federal Reserve could soon unwind its quantitative easing measures rocked local markets yesterday, pushing the Australian dollar close to an annual low and wiping more than ...
TAIPEI--Taiwan's central bank Thursday lowered the daily ceiling for onshore banks in unwinding their outstanding long U.S. dollar positions, a move aimed at reducing the volatility in the local currency. An official from the central bank's foreign ...
The first down payments on a US dollar bull market have been made but the emerging markets are set to suffer in its wake, according to George Magnus, former senior economic adviser at UBS, the Swiss bank.
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.
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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