Investors raised short bets on most Asian emerging currencies, a fortnightly Reuters poll found, as a slew of factors including U.S. rate-hike expectations, rising inflation, and signs of slowing global economic growth boosted the dollar. Long positions on the Singapore dollar, Taiwan’s dollar, and the Indian rupee were reversed, while bearish views on the South…
Dollar Strength Holds Back Asian FX; Rupee Bears Re-emerge: Poll
October 7, 2021
admin
Asia & PacificasianBusiness & EconomyChinaChina Business & EconomyDollarEconomieseconomyFXIndiaInternationalpollstrengthUSWorld
0 Comment
Dollar Near 14-Month High to Euro, Focus on Inflation
October 7, 2021
admin
Asia & PacificBusiness & EconomyCompaniescongressDemocratsDollarEconomieseconomyeuroEuropeinflationInternationalMarketsPoliticsRepublicansUKUSUS NewsWorld
0 Comment
LONDON—The dollar held close to a 14-month high against the euro on Thursday, as a surge in energy prices raised the risk for the U.S. Federal Reserve to act sooner to normalise policy. The U.S. currency was slightly lower at $1.1563 per euro after strengthening to $1.1529 on Wednesday for the first time since July…
Dollar Edges Up as Energy Surge Drives Inflation Worries
October 6, 2021
admin
Asia & PacificAustraliaBusiness & EconomyCanadaChinaChina Business & EconomyDollarEconomieseconomyenergyEuropeinflationInternationalInvestmentMarketsUKUSUS NewsWorld
0 Comment
LONDON—The dollar rose on Wednesday amid nervousness that surging energy prices could spur inflation and interest rate hikes, and as traders awaited U.S. jobs data for clues on the timing of Federal Reserve policy tightening. The Reserve Bank of New Zealand lifted its official cash rate for the first time in seven years, but its…
Dollar Inches Toward One-Year High as Payrolls Test Looms
LONDON—The U.S. dollar edged back toward a one-year high versus major peers on Tuesday ahead of a key payrolls report at the end of the week that could boost the case for the Federal Reserve to start tapering stimulus as soon as next month. The safe-haven greenback was also supported by an equity sell-off that…
Dollar Sturdy After 4 Consecutive Weeks of Advances
October 4, 2021
admin
AdvancesAsia & PacificBusiness & EconomyCompaniesDollarEconomieseconomyEuropeMarketsSturdyUKUSUS NewsWorld
0 Comment
The dollar consolidated gains against its rivals on Monday after four consecutive weeks of increases as widening concerns about the Chinese property sector and firm U.S. Treasury yields have encouraged hedge funds to ramp up their long positions. After spending the second quarter of 2021 on the back foot the dollar has received a fresh…
Dollar Set for Best Week Since June on Expected Fed Tightening
October 1, 2021
admin
Asia & PacificAustraliaBusiness & EconomyChinaChina Business & EconomyCompaniesDollarEconomieseconomyEuropeFedInternationalMarketsRegional-Local NewsUKUSUS NewsWorld
0 Comment
LONDON—The dollar began the last quarter of 2021 near its highest levels of the year, and was headed for its best week since June as investors expected a hawkish-sounding Federal Reserve to lift U.S. interest rates sooner than its major peers. Cautious market sentiment due to COVID-19 concerns, wobbles in China’s growth, and a Washington…
Stocks Head Into Stormy October, Dollar Defies Ugly Mood
October 1, 2021
admin
Asia & PacificBusiness & EconomyCompaniesDollarEconomieseconomyEuropeInternationalMarketsoctoberstocksStormyUKUSUS NewsWorld
0 Comment
LONDON—European stocks sank to two-month lows on Friday after slides in Asia and on Wall Street, with euro zone inflation data expected to hit a 13-year high to compound investor fears over surging prices combining with stuttering growth. On the first day of October, the month for some of history’s most infamous market routs, the…
Dollar Hovers Near 1-year High as Fed Tightening in Focus, Iron Ore Prices Boost Aussie
September 30, 2021
admin
Asia & PacificAussieAustraliaBusiness & EconomyCompaniesDollarEconomieseconomyEuropeFedInternationalMarketsUSUS NewsWorld
0 Comment
LONDON—The dollar hovered near its highest levels in a year against a basket of peers on Thursday on rising expectations the Federal Reserve will taper stimulus from November, while a bounce in iron ore prices boosted the commodity-linked Australian dollar. The safe haven greenback has made sharp gains over the last two sessions on concern…
Oil Shrugs Off Higher US Crude Stocks, Strong Dollar
September 30, 2021
admin
Asia & PacificBusiness & EconomyChinaChina Business & EconomyCompaniesDollarEconomieseconomyhigherInternationalLocal NewsMarketsMiddle EastOilRegional-Local NewsstrongTexasUKUSUS NewsWorld
0 Comment
LONDON—Oil prices held steady on Thursday after rising above $80 a barrel this week, shrugging off bearish factors such as rising U.S. crude oil inventories and a strong dollar amid consensus that a supply deficit will stay for coming months. Brent crude for November delivery was up 21 cents at $78.85 a barrel by 0856…
Dollar Rises to Strongest Levels in 2021 Despite Growing Concerns Over Government Shutdown
The dollar rose to its strongest levels of the year against rival currencies on Wednesday, in spite of growing concerns that the Federal Reserve will start to withdraw policy support and as Republicans continue to block Democratic efforts to raise the debt limit, threatening to plunge the government into shutdown. The dollar index—which measures the U.S. currency…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`