Currency markets drifted sideways in Asia Pacific trade. RBA Governor Philip Lowe testified in Parliament, but his remarks went seemingly unnoticed by markets busy digesting earlier volatility.
more| 08 Feb 2018 20:03 | The Sun Daily |
KUALA LUMPUR: The ringgit opened lower against the US dollar today on the back of stronger greenback, as well as declining oil prices, dealers said.
more“Could (Monday's performance) change the trend?” Christopher said. “I doubt it.” Traders are favouring riskier, non-U.S. assets even as U.S. yields remain the highest among developed markets, which has supported the dollar until recently. “Yet the ...
moreWhat is the #1 mistake that traders make, and how can you fix it? Find out here! The US Dollar might've enjoyed amid reports that Senate Republicans have enough votes to pass tax cut legislation Friday.
more| 15 Nov 2017 12:22 | Fox Business |
Early Wednesday, the dollar hit its lowest level in more than three weeks as U.S. stocks fell, with major indexes on track for their fourth day of declines in the past five sessions.
moreNEW YORK (Reuters) - The dollar trimmed losses against a basket of major currencies on Wednesday, after data showed an uptick in underlying inflation as well as a surprise rise in retail sales last month, cementing expectations for an interest rate ...
moreThe US Dollar's losses are extending into a second day of sharp declines on Wednesday, with all of the gains from the October 26 ECB meeting officially wiped out per the DXY Index (and EUR/USD).
more| 14 Oct 2017 06:05 | TheStreet.com |
Here's a rule of thumb: When the dollar is weak, look outward and invest in companies that do a significant amount of business outside the U.S. Think of some of this year's big winners, like Alphabet (GOOGL) , 3M (MMM) and McDonald's (MCD) .
more