(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 ...
Even though the Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) remains 0.01 percent lower from the open, we're seeing the greenback continue to consolidate above the 10,760 figure, and the reserve currency may track higher ahead of the holiday ...
US dollar opens steady at 5.27 pesos. In a week of a buoyant black market dollar, the official rate opened stable at 5.27 pesos compared to yesterday's closing.
The intervention showed that Taiwan's central bank wants to keep the U.S. dollar above the NT$30.00 mark in the short term to boost Taiwan's exports at a time when global demand remains sluggish, they said.
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.
There are fundamental and cyclical reasons for the dollar to strengthen. The Fed policy could also change the outlook for the U.S. currency. Yet, the channel through which the tapering would come along with a stronger currency may not be in the long ...
FXstreet.com (Barcelona) - The greenback, tracked by the US Dollar Index, is closing the week in red after posting multi-month highs above 84.50, currently orbiting around 83.70/75.
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