Dollar rises close to three-month highs after weak Chinese data By Investing.com

[ad_1] © Reuters. Investing.com – The U.S. dollar gained in early European trade Tuesday, as traders turned to this safe haven after disappointing Chinese services activity hit risk-taking sentiment.  At 03:00 ET (07:00 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.3% higher at 104.382, close to

Argentina, in dollar love affair, agonizes over divorcing the peso By Reuters

[ad_1] 3/3 © Reuters. FILE PHOTO: A one hundred Argentine peso bill sits on top of several one hundred U.S. dollar bills in this illustration picture taken October 17, 2022. REUTERS/Agustin Marcarian/Illustration/File Photo 2/3 By Marc Jones, Eliana Raszewski and Rodrigo Campos LONDON/BUENOS AIRES/NEW YORK (Reuters) – María Barro, a 65-year-old domestic worker in Buenos

USD/JPY Blasts Off as Broader US Dollar Breaks Out

[ad_1] USD/JPY KEY POINTS The U.S. dollar, as measured by the DXY index, gains on soaring yields, boosting USD/JPY to its higher level since November 2022 The fundamental picture remains negative for the Japanese yen against the U.S. currency This article discusses the main technical levels of the USD/JPY pair that Forex traders should be

Chinese PMI disappoints the market, US dollar grabs a strong bid

[ad_1] STOP! From December 19th, 2022, this website is no longer intended for residents of the United States. Content on this site is not a solicitation to trade or open an account with any US-based brokerage or trading firm By selecting the box below, you are confirming that you are not a resident of the

Weak global activity data sends US dollar to six-month high, Aussie skids By Reuters

[ad_1] © Reuters. U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/file photo By Alun John and Brigid Riley TOKYO/LONDON (Reuters) – Jitters about global growth, particularly in China, caused the safe-haven U.S. dollar to hit multi-month highs on the Japanese yen, euro and pound on Tuesday and sent the

Dollar edges lower; Fed meeting looms large By Investing.com

[ad_1] © Reuters. Investing.com – The U.S. dollar edged lower in early European trade Monday, in thin holiday-affected volumes as traders continued to digest last week’s mixed U.S. jobs report and the possible impact on thinking at the Federal Reserve ahead of this month’s policy-setting meeting.  At 02:55 ET (06:55 GMT), the Dollar Index, which

Dollar slips in thin holiday trading on bets Fed is done with rate rises By Reuters

[ad_1] © Reuters. FILE PHOTO: U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo/ By Ankur Banerjee and Joice Alves SINGAPORE/LONDON (Reuters) – The dollar edged lower on Monday, with U.S. markets closed for a holiday, as investors weighed U.S. jobs data that showed some signs of cooling, boosting

Dollar loses a bit of ground to start the session

[ad_1] And that is weighing on the dollar slightly, but nothing too significant. Of note, it is the euro and pound which are advancing just a touch more against the dollar after having previously stuck in narrow ranges in Asia. EUR/USD was holding in a 13 pips range earlier but is now extending that to