The Sinking Dollar Has Not Reached Its Bottom Seeking Alpha The dollar is the reserve currency of the world, which makes it the benchmark pricing mechanism for raw materials. The United States' long reputation as the richest and most stable nation on earth is the reason that central banks all over the world h...
Appetite To Sell The Dollar Seeking Alpha By Stephen Innes | There remains real appetite to sell the USD even after the brash dollar sell off post-FOMC as it's becoming evident to all the greenback has problems, and the can of worms is barely open. | The Dovish FOMC combined with the US poli...
Rupee slides 11 paise against dollar in early trade The Siasat Daily Mumbai: The rupee fell by 11 paise to 64.22 against the US dollar at the Interbank Foreign Exchange on July 28 on month-end dollar demand from importers and banks. | Dealers said early losses in domestic equity markets also weighed on the rupee. Yest...
Speculators Continue To Pour Into Australian And Canadian Dollar Futures Seeking Alpha Speculators were active in the currency futures in the CFTC reporting week ending July 25. In particular, speculative sentiment continues to be drawn to the Canadian and Australian dollars. | Almost 10.5k contracts were added to the gross long Canadi...
Dollar Trims Gains With Fed Decision In Focus Seeking Alpha The dollar trimmed gains against the other major currencies on Wednesday, as investors became more cautious ahead of the Federal Reserve's policy decision due later in the day. | Investors were hoping that the Fed's rate statement, due later Wednesda...
Sentiment Speaks: The U.S. Dollar - Looking For A Bounce Seeking Alpha Recent Price Action | The US Dollar Index (DXY) continued to move lower this week having lost another 1.4% from the previous weeks close. This continued move lower came after the DXY had already lost over 8% from the highs that were struck in January...
Pound comes off highs against dollar ahead of UK GDP data The Daily Telegraph Pound comes off highs against the dollar ahead of UK GDP data Preliminary data expected to show that the UK economy grew by 0.3pc in the second quarter Latest rate decision from US Federal Reserve also due today ITV the top gainer on the FTSE 100 de...
PBOC Sets Yuan Parity Rate At 6.7485 Against The Dollar Seeking Alpha The People's Bank of China set the yuan mid-point at 6.7485 against the dollar on Tuesday, compared with the previous close of 6.7502. | The China Foreign Exchange Trade System sets the weighted average of prices given by market makers. The highest a...
Tokyo stocks close lower as tech shares, political issues weigh Xinhua TOKYO, July 28 (Xinhua) -- Tokyo stocks closed lower Friday as a poor showing by the tech-heavy Nasdaq overnight saw domestic technology shares retreat. | Market sentiment was also dented by concerns for the future course of the administration of Prime Minister Shinzo Abe after the resignation earlier in the day of the defense chief in relation to ...
