Dollar in Doldrums as Euro Eyes Weekly Gain

Investing.com - The dollar fell against its rivals Friday, pressured by weak U.S. economic data and a bounce in the euro and yen. The U.S. dollar index, which measures the greenback against a trade-weighted basket of six major currencies, fell by 0.31% to 96.158. The University of Michigan said it ...

Stocks – U.S. Futures Drop as Turkish Lira Tumbles on Threat of Sanctions

Investing.com - U.S. futures pointed to a lower open on Friday as investors were spooked by a renewed decline in the Turkish lira spurred by the U.S. threat of more sanctions. The blue-chip Dow futures fell 13 points, or 0.05%, by 7:13 AM ET (11:13 GMT), the S&P 500 futures lost 2 points, o ...

Dollar Little Changed, Yuan Slips as U.S. Prepares Talks with China Next W

Investing.com - The U.S dollar was little changed on Friday, while the Chinese yuan slipped after posting its biggest daily gain since January 2017 in offshore trade on Thursday following news that China and the U.S. will resume trade talks later in August. The U.S. Dollar Index, which tracks th ...

Dollar Hovers at 13-Month Highs; Euro Edges Lower

Investing.com - The dollar was flat against its rivals Thursday, pressured by a bout of mixed U.S. economic data and improving risk sentiment after the U.S. confirmed trade talks with China would resume. The U.S. dollar index, which measures the greenback against a trade-weighted basket of si ...

Dollar Eases, Still Supported Near 14-Month Highs

Investing.com - The dollar eased against a basket of the other major currencies on Thursday, but was supported near 14-month highs amid ongoing concerns over Turkey's currency crisis and fears of an economic slowdown in China. The U.S. dollar index, which measures the greenback’s strength against a ...

Dollar Falls as Turkish Lira Recovers

Investing.com - The U.S. dollar retreated on Thursday as the lira recovered after slumping to a record low of 7.24 earlier this week. The U.S. Dollar Index, which tracks the greenback against a basket of currencies, slipped 0.21% to 96.4 by 11:20AM ET (03:20 GMT). The dollar jumped to near ...

Forex – Dollar Steadies at 13-Month Highs on Upbeat U.S. Data, Turkey Troubles

Investing.com - The dollar steadied against its rivals at 13-month highs Wednesday, but gains were limited by rising demand for safe-haven yen on fears turmoil in Turkey could spill over into other markets. The U.S. dollar index, which measures the greenback against a trade-weighted basket of si ...

Turkish Lira Hits Fresh Record Low Against Dollar, Annual Decline Tops 50%

Investing.com - The Turkish lira continued its decline on Thursday, bringing year-to-date losses against the dollar to more than 50%, as meetings between Turkish and U.S. officials produced few results. USD/TRY was up 2.50% at 5.4122 by 4:42 AM ET (8:42 GMT), hovering just below an earlier recor ...

Dollar Gains; Rouble, New Zealand Dollar Tumble

Investing.com - The dollar gained ground against a currency basket on Thursday, while Russia’s rouble tumbled on sanctions fears and the New Zealand dollar hit two year lows on a dovish sounding central bank statement. The U.S. dollar index, which measures the greenback’s strength against a basket o ...

New Zealand Dollar Falls After RBNZ Keeps Interest Rates at Record Low

Investing.com – The New Zealand Dollar fell on Thursday after the Reserve Bank of New Zealand said it expected to keep rates at record low of 1.75% for another two years, as the outlook for the country’s economy remained weak. The NZD/USD pair fell 0.82% to 0.6679 by 1:13AM ET (05:13 GMT). ...

Dollar Flat as Trade-War Concerns Resurface to Lift Yen

Investing.com - The dollar was flat against its rivals Wednesday, pressured by a stronger yen as trade-war fears resurfaced after China vowed to slap further tariffs on a raft of U.S. goods. The U.S. dollar index, which measures the greenback against a trade-weighted basket of six major currencies ...

Sterling Falls to 2018 Lows as Brexit Selloff Intensifies

Investing.com - The pound fell to the lowest levels of the year on Wednesday as the currency was pressured lower by growing fears over the prospect of Britain exiting the European Union without a trade deal in place. Against the dollar, the pound fell below the $1.29 level for the first time in ...

Pound Falls Below $1.29 for First Time in a Year

Investing.com - The pound fell below $1.29 for the first time since August 2017 on Tuesday, amid worries that the UK would not be able to reach a deal with the European Union before exiting the bloc in March of next year. At 6:05 AM ET (10:06 GMT), GBP/USD fell 0.27% to 1.2903, recovering the 1.2 ...

Dollar Slips, Sterling Wallows at 1-Year Lows

Investing.com - The dollar edged lower against a currency basket on Wednesday, sliding for a second day as trade tensions faded, while sterling wallowed near one-year lows, pressured lower by Brexit uncertainty. The U.S. dollar index, which measures the greenback’s strength against a basket of six ...

Forex – Yuan Advances as PBOC Urges Banks to Cut Momentum-chasing Behavior

Investing.com – China’s yuan strengthened for a second day after the People’s Bank of China (PBOC) reportedly urged the banks to prevent any “herd behavior” and momentum-chasing moves in the forex markets. The USD/CNY pair was down 0.17% to 6.8217 at 1:00AM ET (05:00 GMT). The offshore yuan, o ...