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Sterling

Dollar Index declines after weak services data

Dollar Index declines after weak services data

Tue, Jun 06, 2023

The dollar index fell to 104.00, down 0.13% on the day, after climbing as high as 104.40. It is holding just below a 11-week high of 104.70 reached on May 31.

US dollar hits a 10-week high amid choppy currency market; Japan's yen strengthens

US dollar hits a 10-week high amid choppy currency market; Japan...

Wed, May 31, 2023

The US dollar oscillated in trading after U.S. President Joe Biden and Republican House Speaker Kevin McCarthy on Sunday signed off on an agreement to temporarily suspend the U.S. debt ceiling and cap some federal spending in order to prevent a debt default.

Dollar index nudges lower as US debt ceiling deal dents safe-haven appeal

Dollar index nudges lower as US debt ceiling deal dents safe-have...

Tue, May 30, 2023

The dollar index, which measures the US unit's value against a basket of other major currencies, was also a touch softer around 104.23 but not far from last week's two-month peaks.

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Dollar index set for third week of gains as US debt talks loom large

Dollar index set for third week of gains as US debt talks loom la...

Sat, May 27, 2023

The U.S. dollar index , which tracks the currency against six major counterparts, was last down 0.038% on the day at 104.170%.

Dollar index near 2-month high as US data point to resilient economy

Dollar index near 2-month high as US data point to resilient econ...

Fri, May 26, 2023

The dollar index rose 0.433% at 104.280 after hitting 104.31, its highest since March 17. The four-day streak of gains would mark the longest since late February.

US Dollar index hits 2-month high on resilient US economy, unease over debt ceiling talks

US Dollar index hits 2-month high on resilient US economy, unease...

Thu, May 25, 2023

The dollar index, which tracks the U.S. currency against six major peers, earlier hit 103.91, its highest since March 20. The index last rose 0.319% at 103.86.

Dollar index higher as US debt ceiling concerns keep traders nervous

Dollar index higher as US debt ceiling concerns keep traders nerv...

Wed, May 24, 2023

The dollar index, which measures the U.S. currency against a basket of major peers, reached 103.65, the highest since March 20, and was last at 103.55.

US dollar skids as Fed's Powell hints at June pause, debt ceiling talks stall

US dollar skids as Fed's Powell hints at June pause, debt ce...

Sat, May 20, 2023

The dollar index fell 0.4% to 103.08, after hitting seven-week peaks the previous session. On the week, the dollar posted a 0.6% gain. The euro rose 0.3% to $1.0806, posting a weekly fall of 0.8%.

US dollar index scales seven-week peak after solid data, debt ceiling optimism

US dollar index scales seven-week peak after solid data, debt cei...

Thu, May 18, 2023

The dollar index, a measure of the greenback's value against six major currencies, climbed as high as 103.12 , its strongest level since late March. It was last up 0.3% at 102.85.

US dollar index drifts higher as US debt ceiling in spotlight

US dollar index drifts higher as US debt ceiling in spotlight

Wed, May 17, 2023

The dollar index, a measure of the greenback's value against six major currencies, was up 0.2% on the day at 102.61 . Against the yen, the greenback rose 0.2% to 136.315 yen

US dollar retreats from five-week high as debt ceiling stalemate weighs

US dollar retreats from five-week high as debt ceiling stalemate...

Tue, May 16, 2023

The dollar index, which measures the greenback's value against six major currencies, fell 0.3% to 102.40. Earlier in the session, the dollar touched a five-week high of 102.75.

US dollar index strengthens as market rethinks monetary policy outlook

US dollar index strengthens as market rethinks monetary policy ou...

Fri, May 12, 2023

The dollar index, which tracks the U.S. currency against six major peers, rose 0.7% to 102.06, its highest showing in more than a week.

US dollar index edges up as markets await debt-ceiling talks, inflation data

US dollar index edges up as markets await debt-ceiling talks, inf...

Wed, May 10, 2023

The dollar index, which measures the currency against six rivals, pared gains that took it to a nearly one-week high earlier in the session, and was last seen at 101.63 or up 0.2% in afternoon trading.

US dollar slides as rate cuts priced in; Japan's yen falls ahead of BOJ meeting

US dollar slides as rate cuts priced in; Japan's yen falls a...

Tue, Apr 25, 2023

US Fed policymakers are widely expected to raise rates by another 25 bps at next week's meeting, but they are seen pausing in June. The rate futures market has also factored in roughly 50 bps of rate cuts by the end of the year.

US dollar flat to modestly higher as upbeat data backs rate hike in May

US dollar flat to modestly higher as upbeat data backs rate hike...

Sat, Apr 22, 2023

The US dollar was little changed to slightly higher against major currencies on Friday, as business activity data suggested that the world's largest economy remained resilient, supporting expectati

US dollar index slips after upbeat China GDP data; euro, pound rise

US dollar index slips after upbeat China GDP data; euro, pound ri...

Wed, Apr 19, 2023

China's gross domestic product (GDP) grew 4.5 per cent year on year in the first three months of the year, data showed after the end of COVID-19 restrictions lifted the world's second-largest economy.

Gold hits three-week high as dollar slides to lowest since 2014

Gold hits three-week high as dollar slides to lowest since 2014

Fri, Feb 16, 2018

Data this week showed US producer prices accelerated in January, while initial claims for state unemployment benefits increased in the week ended February 10.

Oil languishes after OPEC fails to deepen supply cuts, Asia stocks retreat

Oil languishes after OPEC fails to deepen supply cuts, Asia stock...

Fri, May 26, 2017

The Organization of Petroleum Exporting Countries and some non-OPEC producers agreed at a meeting in Vienna on Thursday to extend supply cuts of 1.8 million barrels per day until the end of the first quarter of 2018.While OPEC`s move had been expected, some oil market investors had hoped producers would agree to longer or deeper cuts to drain a global glut of oil.

Sterling retreats after Manchester blast, stocks steady

Sterling retreats after Manchester blast, stocks steady

Tue, May 23, 2017

Sterling remained under pressure after police said at least 19 people were killed and about 50 injured in an explosion at a concert in Manchester where U.S. singer Arianna Grande had been performing.

Asia shares creep up to near 2-year peak, dollar firms

Asia shares creep up to near 2-year peak, dollar firms

Thu, Mar 30, 2017

Japan`s Nikkei stock index was down 0.2%, while Australian shares firmed, helped by gains in oil prices. Strong energy shares had helped the U.S. S&P 500 end higher overnight.

Asia stocks set to end week higher, dollar slides after Fed

Asia stocks set to end week higher, dollar slides after Fed

Fri, Mar 17, 2017

"The story in global markets over the past 24 hours has centred on a broad-based tightening of monetary policy conditions (and the perception of future tightening)," Chris Weston, chief market strategist at IG in Melbourne, wrote in a note.

Pound soars as court demands parliament vote on Brexit

Pound soars as court demands parliament vote on Brexit

Thu, Nov 03, 2016

The pound soared against the dollar and euro Thursday after the High Court in London ruled that parliament must approve the start of Britain`s withdrawal from the European Union.

'Fat-finger' error seen as sterling slumps; Asian shares dip

'Fat-finger' error seen as sterling slumps; Asian share...

Fri, Oct 07, 2016

Sterling plunged to a three-decade low in thin early Asian trade on Friday as a break of key technical support levels triggered a wave of stop-loss orders.

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