Yen Gains as Escalating U.S.-China Trade Spat Causes Worries

Investing.com - The yen strengthened against the dollar in morning trade in Asia Tuesday after U.S. president Donald Trump raised the possibility of imposing new tariffs on US$200 billion worth of Chinese goods. Investors are entering risk-off-mode as worries mount over a U.S.-China trade war an ...

Dollar Sluggish as Traders Pile Into Safe Havens on Trade-War Fears

Investing.com – The U.S. dollar was roughly unchanged against its rivals Monday as trade-war angst fuelled demand for safe-haven currencies, keeping a lid on upside momentum in the greenback. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six ...

Dollar Hits Day’s Lows vs. Yen amid Trade Tensions

Investing.com - The dollar fell to the day’s lows against the yen on Monday as heightened trade tensions between the U.S. and China hit market sentiment, bolstering safe haven demand for the Japanese currency. USD/JPY was down 0.23% to 110.40 by 10:31 AM ET (14:31 GMT), pulling away from Friday’s th ...

Dollar Pushes Higher, Trade Jitters Support Yen

Investing.com - The dollar pushed higher against a currency basket on Monday, boosted by the diverging monetary policy outlook between the U.S. and Europe, while the yen remained supported as trade tensions underpinned safe haven demand. The U.S. dollar index, which measures the greenback’s ...

Weekly Outlook: June 18 – 22

Investing.com - The diverging monetary policy outlook between the Federal Reserve and the European Central Bank is likely to boost the dollar and weigh on the euro in the coming week, by making the dollar more attractive to yield-seeking investors. Meanwhile, the Bank of England is expected to kee ...

Dollar Retreats as Tariff Tantrums Weigh, Euro Rebounds

Investing.com – The U.S. dollar retreated Friday as the U.S. said it would move ahead with hefty tariffs on Chinese goods, raising fears of a trade war between the world's two largest economies. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of ...

Forex- Euro Steady, as Dollar Falls on Trade War Concerns

Investing.com - The euro was steady on Friday, as the U.S. dollar fell amid trade war concerns. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was down 0.22% to 94.72 as of 11:00 AM ET (15:00 GMT). U.S. President Donald Trump announced a 25% ...

Forex- Euro Rallies as Dollar Falls Amid Trade Worries

Investing.com - The euro attempted to rally from its worst week in 19 months, as the U.S. dollar fell amid trade concerns. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was down 0.19% to 94.75 as of 5:53 AM ET (9:53 GMT). U.S. President ...

Forex – BOJ Keeps Rate Unchanged, US-China Trade Tensions In Focus  

Investing.com – The yen slid against the dollar on Friday morning trade in Asia after the Bank of Japan kept interest rates unchanged, in line with market expectation, even as the U.S. is set to release an updated list of Chinese products to target with tariffs. The Bank of Japan released ...

Dollar Rides Strong U.S. Retail Sales, Euro Slump to 2-Week High

Investing.com – The U.S. dollar rallied to a two-week high against its rivals Thursday as a rout of the euro prompted traders to buy the greenback after the European Central Bank said it would leave interest rates unchanged until the summer of 2019. The U.S. dollar index, which measures th ...

Euro Drops as ECB to End QE But Keep Interest Rates on Hold

Investing.com - The euro dropped on Thursday after the European Central Bank signaled plans to wind up its bond purchasing program stimulus program by the end of the year but reiterated that it expects to keep interest rates on hold until the middle of 2019. The euro initially spiked to the day ...

Sterling Hits Day’s Highs on Upbeat UK Retail Sales Data

Investing.com - The pound rose to the day’s highs on Thursday after data showing that UK retail sales outstripped forecasts in May as good weather and the Royal Wedding boosted consumer spending. GBP/USD was up 0.49% to 1.3442 by 05:03 AM ET (09:03 AM GMT), from around 1.3396 ahead of the report. ...

Euro Rises Before ECB, Dollar Slips as Fed Boost Fades

Investing.com - The euro pushed higher on Thursday as investors awaited the conclusion of the European Central Bank’s policy meeting, while the dollar slipped, giving up gains made after a more hawkish sounding Federal Reserve raised interest rates. EUR/USD was up 0.20% to 1.1814 by 03:46 AM ET ...

Forex – Dollar Rises On Fed’s Second Rate Hike

Investing.com – The Japanese yen and Korean won gained a little ground against the dollar in morning trade in Asia while the Aussie dollar come under pressure after a weaker-than-expected jobs report. Nevertheless, the dollar was supported by the U.S. Federal Reserve’s decision to raise ...

Dollar Edges Lower as Fed Outcome Looms

Investing.com – The U.S. dollar fell against its rivals despite upbeat economic data pointing to signs of faster inflation as traders awaited the Federal Reserve's interest rate decision due 2PM ET. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket ...