Australia dollar underwhelmed by wage data, awaits Fed

Australia dollar underwhelmed by wage data, awaits Fed

By Wayne Cole SYDNEY, Feb 21 (Reuters) – The Australian dollar inched lower on Wednesday after a muted reading on wages underlined the negligible chance of a rate rise anytime soon, just hours before the Federal Reserve was expected to talk up the prospect of more U.S hikes. The Aussie eased 0.25 percent to $0.7861, […]

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The ringgit retreats in adverse risk sentiments in the currency market. — AFP pic

Ringgit lower against US dollar at opening

The ringgit retreats in adverse risk sentiments in the currency market. — AFP picKUALA LUMPUR, Feb 21 — The ringgit opened lower against the US dollar today as investors turned risk averse to riskier currency and amid negative global equity sentiment. At 9am, the ringgit stood at 3.9060/9090 against the greenback from yesterday’s close of […]

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Asian stocks led higher by Japan a dollar extends recovery

Asian stocks led higher by Japan a dollar extends recovery

TOKYO (Reuters) – Asian stocks gained on Wednesday, while the dollar advanced as traders near-term focus shifted to the minutes of the Federal Reserve’s last policy meeting for hints on the future pace of U.S. monetary tightening. But spreadbetters expected European stocks to follow Wall Street’s lead and open lower, with Britain’s FTSE slipping 0.3 […]

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Dollar steadies after bounce, focus on Fed minutes

Dollar steadies after bounce, focus on Fed minutes

SINGAPORE (Reuters) – The dollar inched higher on Wednesday as the near-term focus shifted to the minutes of the Federal Reserve’s last policy meeting for hints on the future pace of U.S. monetary tightening. The dollar index =USD rose 0.1 percent to 89.805, which was up about 1.8 percent from Friday’s three-year low of 88.251. […]

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SpaceX rocket launches Luxembourg satellite for NATO

GLOBAL MARKETS-Asian stocks led higher by Japan a dollar extends recovery

(Fixes typo in headline) * MSCI Asia-Pacific index up 0.5 pct, Nikkei rises 0.65 pct * Dollar recovery continues, currency hits 1-week high * Crude oil slips on stronger dollar By Shinichi Saoshiro TOKYO, Feb 21 (Reuters) – Japanese shares led Asian markets higher after a weak start on Wednesday, with Japanese export focused companies […]

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The Kiwi Dollar Stumbles with FED Talk to Drive the USD Today

US yields rise in auctions as stocks sink; dollar recovers

Reuters By Hilary Russ NEW YORK, Feb 20 (Reuters) – U.S. yields rose in government debt auctions on Tuesday and yields on short-term bills hit their highest levels since September 2008, bolstering the U.S. dollar but helping end a six-session rebound in world stocks. Wall Street stocks were also hurt as Walmart, the world’s biggest […]

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Asia AM Digest: US Dollar Up, British Pound Gains on Brexit News

Asia AM Digest: US Dollar Up, British Pound Gains on Brexit News

To get the Asia AM Digest every day, SIGN UP HERE On Tuesday, the US Dollar continued inversely following Wall Street. Indexes such as the S&P 500 and Dow Jones declined for the first time in six trading days, falling more than 0.5% and 1.0% respectfully. Meanwhile, yields on local 2-year government bonds rose to […]

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Asian stocks gain, dollar extends recovery

Asian stocks gain, dollar extends recovery

TOKYO (Reuters) – Asian stocks gained on Wednesday, while the dollar advanced as traders near-term focus shifted to the minutes of the Federal Reserve’s last policy meeting for hints on the future pace of U.S. monetary tightening. But spreadbetters expected European stocks to follow Wall Street’s lead and open lower, with Britain’s FTSE slipping 0.3 […]

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Dollar extends recovery from three-year lows as yields rise

Dollar extends recovery from three-year lows as yields rise

Get instant alerts when news breaks on your stocks. Claim your 2-week free trial to StreetInsider Premium here. By Saqib Iqbal Ahmed NEW YORK (Reuters) – The dollar rose to a six-day high against a basket of major currencies on Tuesday, extending a rebound from a three-year low last week, helped by rising U.S. Treasury […]

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Yield on 10-year government bond was at 7.668% compared to its Tuesday’s close of 7.673%. Photo: Reuters

Rupee weakens against US dollar ahead of RBI minutes

Yield on 10-year government bond was at 7.668% compared to its Tuesday’s close of 7.673%. Photo: Reuters Mumbai: The Indian rupee weakened further against the US dollar ahead of the Reserve Bank of India’s (RBI) minutes for the latest policy meeting due after 5pm on Wednesday. At 9.15am, the home currency was trading at 64.87, […]

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AP

Asian stocks dip, dollar gains momentum as yields rise

Japanese shares led Asian markets higher after a weak start on Wednesday, with Japanese export focused companies attracting investors as the dollar gained against the yen thanks to U.S. Treasury debt yields hovering near highs not seen in four years. MSCI’s broadest index of Asia-Pacific shares outside Japan took early cues from overnight losses on […]

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Indian rupee opens 11 paise lower at 64.90 per dollar

Indian rupee opens 11 paise lower at 64.90 per dollar

The Indian rupee opened lower by 11 paise at 64.90 per dollar on Wednesday versus previous close 64.79. Pramit Brahmbhatt of Veracity said, “Rupee will trade with a negative bias on back of stronger dollar as well as weakness in the domestic equity market. 64.80 is the immediate support for the rupee and more weakness can […]

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The Kiwi Dollar Stumbles with FED Talk to Drive the USD Today

Australian Dollar Gains As Still-Subdued Wages Edge Past Forecasts

DailyFX.com – Talking Points: Australian wage settlements edged past forecasts in 2017’s final three months However, they remain quite depressed Australian Dollar bulls liked the numbers nevertheless What makes some traders stand out from the crowd? Take a look at the DailyFX deep dive into the Traits of Successful Traders The Australian Dollar spiked up […]

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USD/CAD - Dollar Steady But Nervous on Eve of Federal Budget

USD/CAD – Dollar Steady But Nervous on Eve of Federal Budget

There’s been lots to consider in the last few weeks for the Canadian dollar, not least because the world’s second and fourth largest countries by area are facing huge uncertainty over the future of the Free Trade Agreement which has been in place for almost 30 years. With the U.S. dollar on a weaker trajectory […]

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Mkt wrap: US dollar outperforms all major currencies - Westpac

Mkt wrap: US dollar outperforms all major currencies – Westpac

Analysts at Westpac offered a breakdown of recent sessions, noting that all major currencies underperformed the USD.  Key Quotes: “EUR/USD fell steadily from the Sydney afternoon to late NY, from near 1.24 to 1.2320/30, with perhaps some weight from a slightly disappointing Feb ZEW German investor sentiment survey. GBP recovered from early London weakness, rising […]

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Dollar catches a bid on rising US Treasury yields

Dollar catches a bid on rising US Treasury yields

Market Review – 20/02/2018   23:52GMT   Dollar catches a bid on rising U.S. Treasury yields The greenback extended last week’s gains and climbed higher against majority of its peers on Tuesday due to rising U.S. yields as investors focus on large U.S. government debt auctions this week. However, dollar briefly retreated in New York morning due […]

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SpaceX rocket launches Luxembourg satellite for NATO

EMERGING MARKETS-LatAm currencies weaken as dollar rebounds globally

By Bruno Federowski SAO PAULO, Feb 20 (Reuters) – Latin American currencies weakened on Tuesday as the U.S. dollar strengthened worldwide after hitting a three-year low last week. Currencies from Brazil, Mexico and Colombia weakened between 0.3 percent and 0.9 percent. The Chilean peso was barely changed as profit-taking partially offset the global upswing in […]

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Lahore Weather

Dollar closes flat versus rupee

KARACHI: The dollar closed flat in the interbank and lost strength in open market against rupee. The dollar remained unchanged to close at Rs 110.30 for buying and Rs 110.50 for selling in interbank compared to previous closing. The gap of the greenback rates between interbank and kerb markets remained Rs 93 on day’s average. […]

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Asian stocks led higher by Japan as dollar extends recovery

Asian stocks led higher by Japan as dollar extends recovery

Tuesday, February 20, 2018 6:33 p.m. CST By Shinichi Saoshiro TOKYO (Reuters) – Japanese shares led Asian markets higher after a weak start on Wednesday, with Japanese export focused companies attracting investors as the dollar gained against the yen thanks to U.S. Treasury debt yields hovering near highs not seen in four years. MSCI’s broadest […]

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