Tag Archives: U.S. Dollar

Dollar stands tall as risk appetite improves

The dollar firmed on Wednesday in line with higher U.S. Treasury yields, as a regional rally in equities whetted investors’ appetite for risk. The dollar index .DXY, which tracks the U.S. currency against a basket of six major rivals, last stood at 97.342, up about 0.2 percent, adding to its 0.3 percent gain the previous session and moving back toward ...

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FOREX-Dollar dips as worries over China weigh on appetite for risk

The U.S. dollar fell on Monday, as appetite for risk waned amid downbeat Chinese factory surveys, which also lent support to the low-yielding euro and the safe-haven yen. Demand for both currencies has risen in recent times when worry about a sharp Chinese slowdown led to economic uncertainty and financial market stress. The same concern forced the Federal Reserve to ...

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Dollar slips as China worries vanquish investor risk appetite

The U.S. dollar edged down in Asian trading on Monday, as investors’ appetite for risk evaporated against a background of downbeat Chinese factory surveys. The Australian dollar, a proxy for China plays because of that country’s massive trade exposure to China, touched its session high of $0.7148 AUD=D4 immediately after the release of the Caixin/Markit China Manufacturing Purchasing Managers’ Index ...

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FOREX-Dollar dips after rally, but improved risk appetite curbs losses

The dollar dipped on Monday as the currency took a breather after scaling a 2-1/2-month high versus a basket of peers, although an improvement in risk appetite after China’s monetary easing limited the losses. Stock markets gained worldwide after China on Friday cut rates for the fifth time this year, just a day after the European Central Bank signalled that ...

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Asian shares, dollar, euro steady as markets await ECB meeting

Asian shares were mixed on Thursday after a sharp fall in mainland Chinese shares rekindled worries about the health of China’s economy, while investors awaited word from the European Central Bank on its plans regarding additional stimulus. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS, and Japan’s Nikkei .N225 pared earlier losses, to hold steady at 0247 GMT. Wall ...

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Dollar firm on Fed hike prospects, Aussie inches up after China GDP

The dollar was steady against the yen and euro on Friday after stronger-than-expected U.S. data kept alive prospects of the Federal Reserve raising interest rates before year-end. The Australian dollar inched up after Chinese data on Monday showed growth in the world’s second biggest economy easing in the third quarter, adding pressure on policymakers to roll out more support measures. ...

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Dollar nurses sharp losses after weak U.S. sales figures

The dollar wallowed around seven-week lows against a basket of currencies in Asian trading on Thursday, after weak U.S. sales data prompted investors to scale back bets that the U.S. Federal Reserve would hike interest rates by the end of 2015. The dollar index .DXY was last nearly flat from late U.S. levels at 93.970, after tumbling as low as ...

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