#forexdollar

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FOREX-Dollar stuck near 3-month lows, bitcoin struggles

FOREX-Dollar stuck near 3-month lows, bitcoin struggles

Bloomberg Inside the Race to Avert Disaster at China’s Biggest ‘Bad Bank’ (Bloomberg) — It was past 9 p.m. on Financial Street in Beijing by the time the figure inside Huarong Tower there picked up an inkbrush and, with practiced strokes, began to set characters to paper.Another trying workday was ending for Wang Zhanfeng, corporate chairman, Chinese Communist Party functionary—and, less happily,…

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FOREX-Dollar stuck near 3-month lows, bitcoin struggles

FOREX-Dollar stuck near 3-month lows, bitcoin struggles

The dollar was pinned near three-month lows against a basket of major currencies on Monday, as bets on a robust global economic recovery continued to support currencies seen as riskier. Currency analysts were already looking ahead to key U.S. personal consumption and inflation figures due Friday for any warning signs that U.S. inflation could be gathering pace and putting pressure on the Federal…

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FOREX-Dollar strengthens on U.S. economic outlook; euro dips below $1.20

FOREX-Dollar strengthens on U.S. economic outlook; euro dips below $1.20

* Dollar hits two-month highs vs euro, yen * BoE in focus for sterling * Euro briefly falls below $1.20 * Graphic: World FX rates https://tmsnrt.rs/2RBWI5E LONDON, Feb 4 (Reuters) – The dollar strengthened to two-month highs against the euro and yen, after data pointed to an improvement in the U.S. economic outlook, while risk appetite in global stock markets eased off. U.S. Treasury yields…

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FOREX-Dollar index on track for biggest weekly gain since November

FOREX-Dollar index on track for biggest weekly gain since November

* Dollar index up 0.2% as Biden offers $1.9 trillion stimulus * COVID-19 infections rise in China * Graphic: World FX rates https://tmsnrt.rs/2RBWI5E (Updates prices, adds commentary, adds detail about dollar) By Elizabeth Howcroft LONDON, Jan 15 (Reuters) – Currency markets turned risk-averse on Friday, with the dollar on track for its biggest weekly gain since November 2020 and analysts…

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FOREX-Dollar holds gains as markets await Biden's stimulus plan

FOREX-Dollar holds gains as markets await Biden’s stimulus plan

(Adds comment, context, updates prices) * Biden to give details of “trillions” in spending Thursday * Many analysts still expect dollar to resume declines * Graphic: World FX rates https://tmsnrt.rs/2RBWI5E By Julien Ponthus LONDON, Jan 14 (Reuters) – The dollar held above three-year lows versus major peers on Thursday as expectations for President-elect Joe Biden’s fiscal stimulus pushed yields…

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FOREX-Dollar up from 2018 lows on economic hopes, euro profit-taking

FOREX-Dollar up from 2018 lows on economic hopes, euro profit-taking

* Control of both Houses gives Biden latitude to push agenda * edges lower against the dollar * Dollar outlook mixed * Graphic: World FX rates in 2021 https://tmsnrt.rs/2RBWI5E (Adds economic data, updates prices) By Chuck Mikolajczak NEW YORK, Jan 7 (Reuters) – The dollar bounced on Thursday from levels not touched since March 2018 to its highest in a week as investors looked at the potential…

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FOREX-Dollar wavers, pound swung by Brexit gyrations

FOREX-Dollar wavers, pound swung by Brexit gyrations

* FX markets shrug off Trump threat not to sign aid bill * Dollar has slumped this year on pandemic recovery hopes * Graphic: World FX rates in 2020 https://tmsnrt.rs/2RBWI5E By Kevin Buckland TOKYO, Dec 23 (Reuters) – The dollar wavered against major peers in choppy trade on Wednesday as uncertainty about U.S. fiscal stimulus, Brexit and the pandemic recovery pushed investors into and out of…

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FOREX-Dollar drops as progress on U.S. stimulus, Brexit deals sour safety bid

FOREX-Dollar drops as progress on U.S. stimulus, Brexit deals sour safety bid

* Pound hits 2 1/2-year high as EU chief says agreement closer * rises to all-time high above $22,000 * Graphic: World FX rates in 2020 https://tmsnrt.rs/2RBWI5E By Kevin Buckland TOKYO, Dec 17 (Reuters) – The dollar set fresh 2-1/2-year lows against major peers including the British pound and euro on Thursday as progress toward agreeing a U.S. stimulus package and a Brexit deal boosted risk…

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