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Dollar eases as trade deal prospects bolster risk, sterling gains

Monday,   18-Feb-2019   08:49 (IST)

The dollar was marginally weaker on Monday, as increasing expectations of a U.S.-Sino trade deal led investors to shift away from the safety of the greenback into riskier assets. Both the United States and China reported progress in five days of negotiations in Beijing last week, although the White House said much work remains to be done to force changes in Chinese trade behavior. Negotiations will continue next week in Washington as investors hope for an end to the trade war between the world's two largest economies. In Asia, the yen was marginally higher versus the greenback at 110.53. T...

Dollar Pushes Higher Again on Sagging Growth, Rising Uncertainty

Friday,   15-Feb-2019   02:09 (IST)

The dollar was edging higher against major European currencies early Friday in Europe after weak Chinese inflation data overnight reinforced concerns about global growth. Fears about the growth outloo...

Weak U.S. retail sales pressure dollar/yen; euro weakens

Friday,   15-Feb-2019   01:43 (IST)

The dollar edged lower versus the yen on Friday as dismal U.S. retail sales data reinforced expectations the Federal Reserve will not raise rates this year, while the market awaited developments in tr...

Dollar lower versus yen after U.S. weak retail sales

Friday,   15-Feb-2019   08:57 (IST)

The dollar weakened against the yen on Friday as dismal U.S. retail sales data reinforced expectations Federal Reserve rates will not rise this year, while investor focus shifted to trade talks betwee...

China trade data props euro above three-month lows

Thursday,   14-Feb-2019   04:17 (IST)

The euro held above a three-month low on Thursday as improved Chinese trade data and hopes of progress in China-U.S. trade talks lifted risk sentiment, with the Australian dollar leading gains by more...

Euro, Pound hit Multi-Week Lows as Dollar Remains Firm

Thursday,   14-Feb-2019   04:00 (IST)

The euro and the British pound fell to multi-week lows against the firmer U.S. dollar on Thursday as weak economic data out of the euro zone and concerns over Brexit weighed. EUR/USD dipped 0.1% to 1....

Euro struggles on weak data, dollar holds firm

Thursday,   14-Feb-2019   08:54 (IST)

The dollar held near 3-month highs against the euro on Thursday, benefiting from sustained strength in core U.S. inflation and weak data out of Europe. Although headline U.S. inflation growth logged i...

Swedish crown, New Zealand dollar up as central banks disappoint doves

Wednesday,   13-Feb-2019   04:41 (IST)

The New Zealand dollar and Sweden’s crown rose after their central banks broke with the growing caution of the world’s major monetary-policy makers, surprising traders who expected more do...

Dollar slips as trade progress boosts risk assets

Wednesday,   13-Feb-2019   08:53 (IST)

The dollar edged lower versus its peers on Wednesday, as rising hopes of a breakthrough in U.S.-China trade talks led investors to put money into the euro and Asian currencies. The euro gained 0.1 per...

Sterling falls to new three-week low as Brexit nerves build

Tuesday,   12-Feb-2019   03:40 (IST)

The British currency fell against the dollar on Tuesday to a new three-week low, as doubts grow about whether Prime Minister Theresa May can convince the European Union to accept changes to her Brexit...