Dollar Edges Higher as Short Bets on Greenback Fall to 6-Week Low

Investing.com – The dollar traded higher against a basket of major currencies as investors eyed a raft of upcoming US debt auctions this week to gauge investor appetite for US assets ahead of the release of the minutes from the Fed's January policy meeting. The U.S. dollar index, whic ...

Dollar Extends Recovery but Outlook Remains Clouded

Investing.com - The dollar extended early gains against a currency basket on Tuesday, continuing its recovery from last week’s three year lows, but the outlook remained clouded by concerns over the outlook for the U.S. fiscal deficit. The U.S. dollar index, which measures the greenback’s strength ag ...

As Yen Rises, So Does Chance of Bank of Japan Intervention

Investing.com - With the weakening U.S. dollar within striking distance of the 100-yen level, Japan's central bank seems poised to intervene in the currency markets to stem the rise of the yen.Earlier this month, Japan's finance minister said the yen's recent gains were not abrupt enough t ...

Sterling Strengthens amid Fresh Brexit Optimism

Investing.com - The pound reversed earlier losses on Tuesday amid fresh optimism over Brexit, following a report that the European Parliament is drawing up a plan to give Britain “privileged” access to the single market. GBP/USD was trading at 1.4002 by 05:12 AM ET (10:12 AM GMT), up from an ea ...

Dollar Holds Onto Gains Vs. Other Majors

Investing.com - The U.S. dollar held onto gains against other major currencies on Tuesday, although the greenback's upward trend was expected to be limited by ongoing concerns over the U.S. deficit. Sentiment on the greenback remained fragile as the U.S. deficit is projected to climb near $ ...

Dollar Extends Gains but Outlook Remains Clouded

Investing.com - The dollar moved higher against a currency basket on Tuesday, continuing its rebound from last week’s three year lows, but the outlook remained clouded by concerns over the outlook for the U.S. fiscal deficit. The U.S. dollar index, which measures the greenback’s strength against a b ...

Dollar Edges Higher As Investors Await Fed Minutes

Investing.com – Without much going on, Asia morning remained quiet as the US and Chinese markets are both closed due to holidays. The US dollar index that tracks the dollar against a currency basket was quoted at 89.28 at 10p.m. ET, up 0.22%. The US dollar steadied on Tuesday as the marke ...

Dollar Little Changed Vs. Rivals in Quiet Trade

Investing.com - The U.S. dollar was little changed against other major currencies on Monday, as Friday's upbeat U.S. housing sector data continued to support despite fresh U.S. political concerns. Trading volumes were expected to remain thin with U.S. markets closed on Monday in observance o ...

Dollar Steady, Remains Supported Above 3-Year Lows

Investing.com - The dollar was steady against a basket of the other major currencies on Monday, remaining supported above last week’s three year lows after a modest bounce higher on Friday. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was u ...

Dollar Gains On Yen In Asia After Trade Data

Investing.com - The dollar gained on the yen in Asia on Monday after trade data from Japan that surprised on exports. USD/JPY rose 0.07% to 106.27, while AUD/USD traded at 0.7912, up 0.09%. EUR/USD traded at 1.2412, up 0.06%. Japan reported trade data for January with a deficit of ¥943 billion ...

Weekly Outlook: February 19 – 23

Investing.com - The dollar rebounded from three-year lows against a currency basket on Friday but still ended the week lower as a combination of fears over the perceived erosion of its yield advantage and the outlook for the U.S. fiscal deficit weighed. The U.S. dollar index, which measures th ...

Dollar Fails To Avoid Weekly Loss Despite Rise From 3-Year Low

Investing.com – The dollar rose against a basket of major currencies but is set to end the week sharply lower after suffering heavy losses against both yen and euro throughout the week. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major ...

Dollar Turns Higher on Strong U.S. Housing Sector Data

Investing.com - The U.S. dollar turned higher against other major currencies on Friday, bouncing off a three-year low after the release of strong U.S. housing sector data offset concerns over the rising U.S. deficit. The dollar rebounded after data showed that U.S. homebuilding increased to mor ...

Dollar Hovers Near 3-Year Lows, U.S. Housing Sector Data on Tap

Investing.com - The U.S. dollar was hovering near three-year lows against other major currencies on Friday, as fresh concerns over the U.S. deficit weighed on the greenback and as investors eyed the release of U.S. housing sector data due later in the day. The greenback turned broadly lower due t ...