Dollar retreats from near three-year peak vs basket of currencies. By Wanfeng Zhou. NEW YORK, May 20 (Reuters) - The U.S. dollar fell against the euro and yen on Monday as traders pared back expectations Federal Reserve Chairman Ben Bernanke would ...
KINGSTON, Jamaica - The Jamaican dollar today strengthened marginally against its US counterpart to trade at an average $98.96, three cents lower than it closed on Friday.
USD/CAD remains at high levels, as the pair continues to flirt with the 1.03 line. In early North American trading, USD/CAD was trading in the high-1.02 range.
Gold Silver GLD IAU SLV After seven straight session losses, Gold reversed course on Monday posting a strong gain. The precious metal's fortunes improved as equities slipped and the U.S. dollar declined against other currencies. Gold futures for June ...
A set of better-than-expected Q1 earnings reports, a marginally improving jobs picture, falling demand for raw materials globally and an increase in central bank interest rate cuts have helped the U.S. Dollar Index (DXY) resume its upward path.
The rupee today strengthened by 16 paise to trade at 54.95 against the dollar at the Interbank Foreign Exchange on selling of the US currency by exporters. The local currency had lost 23 paise to close at five-month low of 55.11 a dollar yesterday due ...
Article Summary: The US Dollar surge seems like the beginning of a much larger move, and our volatility-friendly and trend-following trading strategies look attractive in the week ahead.
During overnight trade, the US dollar ended its recent rally, falling against all the major currencies. But this morning investors were in a mood to sell the Australian dollar and shares.
BK Asset Management managing director Kathy Lien said the Australian and New Zealand dollars bounced back after suffering the biggest losses against the US dollar's recent rally. She said Tuesday's release of the Reserve Bank of Australia's May board ...
Center for Research on Globalization - May 19, 2013
Quantitative Easing is the term given to the Federal Reserve's policy of printing 1,000 billion new dollars annually in order to finance the US budget deficit by purchasing US Treasury bonds and to keep the prices high of debt-related derivatives on ...
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