(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 ...
The Australian dollar fell 0.6 percent to 96.92 U.S. cents as of 9:52 a.m. in Sydney after yesterday touching 95.94, the least since June 1. It fell 0.2 percent to 99.23 yen.
U.S. shares recover, but growth outlook still uncertain. * Japan, Europe tumble after weak data from China, euro zone. * Dollar index lower, yen gains against dollar. By Ryan Vlastelica. NEW YORK, May 23 (Reuters) - U.S. stocks and bonds were little ...
THE TAKEAWAY: The US Dollar and the S&P 500 have taken preliminary steps toward bearish reversals but confirmation of concrete downward follow-through remains elusive.
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 ...
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 ...
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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