SYDNEY (Reuters) - The U.S. dollar held below a 10-month peak against a basket of major currencies early on Thursday, having soared at first on upbeat growth data only to have a dovish Federal Reserve take some steam out of the rally.
NEW YORK (Reuters) - The U.S. dollar hit an eight-month high against the euro on Friday after weak data on German business sentiment heightened concerns that geopolitical tensions were weighing on the euro zone economy.
In light of the U.S. dollar hitting 10-month highs this week, Bespoke Investment Group's Paul Hickey told CNBC's "Fast Money" to avoid companies with international exposure and focus on companies with domestic exposure.
Can't access the Dow Jones FXCM US Dollar Index? Try the USD basket on Mirror Trader. **. US DOLLAR TECHNICAL ANALYSIS - Prices continue to advance as expected after putting in a Bullish Engulfing candle pattern at support set from October 2013.
NEW YORK (Reuters) - The U.S. dollar edged higher against a basket of major currencies on Thursday after U.S. labor market data bolstered expectations for a more hawkish Federal Reserve and reinforced optimism for a strong U.S.
The dollar weakened against the yen and the euro Wednesday after minutes from the Federal Open Market Committee's latest meeting revealed little new information on when the central bank would raise interest rates.
The Australian dollar is slightly lower amid more signs the US economy is improving. At 7am in Sydney on Wednesday, the local unit was trading at 93.85 US cents, down from 93.96 US cents on Tuesday. US consumer confidence has risen for the third month ...