The US Dollar probed four-month highs last week but ultimately settled little-changed against an average of its major counterparts.
more(Adds table, bitcoin futures, analyst comment, byline) By Gertrude Chavez-Dreyfuss NEW YORK, May 11 (Reuters) - Speculators' net short dollar position in the latest week fell to its lowest level in nearly three months, according to calculations by ...
moreA few key developments took place this week in markets that supported the US Dollar and its recent 3-week rally that traders should be made aware.
moreThe US Dollar produced a bearish evening star pattern yesterday around the release of April inflation figures, and while inflation remains above the Fed's target and primes the bank for a hike in June, the fact that the data printed in-line with ...
more| 11 May 2018 07:56 | Seeking Alpha |
Some of the high-yield emerging market currencies most under pressure recorded sizable gains on Thursday after the core US CPI figure rose a benign 0.1% month-on-month in April.
more| 11 May 2018 07:11 | Kitco News |
(Kitco News) - Gold and silver prices are modestly higher in early U.S. trading Friday. The precious metals markets are benefiting from a downside correction in the U.S. dollar index late this week, after the index had scored a 4.5-month high a few ...
more| 11 May 2018 03:48 | Express.co.uk |
The pound US dollar exchange rate is currently at around $1.353. It is holding close to the morning's opening levels but down around 0.5 per cent from Thursday's best levels.
more“The dollar's rally is likely to have ended for now. But of course U.S. dollar strength could hardly go on as quickly and smoothly as it had done for the past weeks,” said Commerzbank analysts, predicting that the inflation numbers would only cause a ...
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