Dollar bounces higher as traders brace for inflation data

© Reuters. U.S. one dollar banknotes are seen in this illustration By Tommy Wilkes LONDON (Reuters) – The dollar gained ground on Monday after last week’s drop as traders assessed the outlook for Treasury yields, while awaiting crucial U.S. inflation and retail sales data in coming days. Elsewhere it was a quiet start to a […]

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Dollar Bounces Off Lows; Fed Remains Accommodative

© Reuters. By Peter Nurse Investing.com – The dollar edged higher in early European trading Friday, but remains anchored near two-week lows following disappointing jobless figures and with the Federal Reserve showing no signs for changing its ultra easy monetary policy stance. At 2:55 AM ET (0755 GMT), the Dollar Index, which tracks the greenback […]

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Dollar Set for Short-Term Gain, but Long-Term Pain as Inflation Bets Normalize

© Reuters. By Yasin Ebrahim Investing.com – The dollar looks set to snap a three-week win streak Friday, and while analysts are expecting short-term gains to resume, the longer-term outlook for the greenback is less convincing. The , which measures the greenback’s strength against a trade-weighted basket of six major currencies, rose 0.10% to 92.17. […]

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Gold up 1% on Week after Fencing With U.S. Yields, Dollar

By Barani Krishnan Investing.com – Gold prices slid on Friday but still ended the week up 1% as the yellow metal emerged partially victorious from its fencing duels with U.S. bond yields and the dollar, which were sluggish most of the week from mixed readings on inflation. on New York’s Comex settled down $ 13.60, […]

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Dollar in Doldrums as Traders Rethink Reflation Trade Amid Yield Struggles

© Reuters. By Yasin Ebrahim Investing.com – The dollar fell against its rivals Thursday, and remains set to snap a three-week winning streak as the reflation trade that had pushed bond yields appear to be running out of steam. The , which measures the greenback’s strength against a trade-weighted basket of six major currencies, fell […]

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Dollar trades near two-week low as U.S. yields fall

© Reuters. FILE PHOTO: U.S. one dollar banknotes are seen in front of displayed stock graph By Ritvik Carvalho LONDON (Reuters) – The U.S. dollar traded near its lowest in more than two weeks versus major peers on Thursday, tracking Treasury yields lower, after minutes of the Federal Reserve’s March policy meeting offered no new […]

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Dollar on back foot as U.S. yields drop despite strengthening U.S. recovery

© Reuters. A man counts U.S. dollar banknotes at a currency exchange shop in Beirut By Kevin Buckland TOKYO (Reuters) – The dollar stabilised near an almost two-week low versus a basket of its peers on Tuesday, moving in tandem with a retreat in Treasury yields from recent peaks despite signs of a robust U.S. […]

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Dollar Edges Higher; U.S. Growth Profile Looks Impressive

© Reuters. By Peter Nurse Investing.com – The dollar edged higher in early European trading Tuesday,  with traders retaining a largely positive tone on the back of signs of strong U.S. economic growth and an impressive vaccine rollout.  At 2:55 AM ET (0755 GMT), the Dollar Index, which tracks the greenback against a basket of […]

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Dollar Falls as U.S. Yields Slip, but Bearish Bets Easing Amid Recovery

© Reuters. By Yasin Ebrahim Investing.com – The dollar fell sharply against its rivals Monday, paced by declining U.S. bond yields, but the pullback could be short-lived as the expected rise in rates has forced some on Wall Street to ease their bearish bets on the greenback. The , which measures the greenback against a […]

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Dollar looks for next catalyst as economic data keep bulls in control

© Reuters. Saudi riyal, yuan, Turkish lira, pound, U.S. dollar, euro and Jordanian dinar banknotes are seen in this illustration By Stanley White TOKYO (Reuters) – The dollar was largely steady on Monday as investors soaked up last week’s strong U.S. employment report and looked ahead to data on the U.S. services sector for affirmation […]

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