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    Jun, 19
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Currency News

US dollar supported as US yields rise to 1-month highs

18 Apr 2018 21:14The Business Times
[TOKYO] The US dollar was steady against a basket of its peers on Thursday, supported by higher long-term US Treasury yields on improving investor appetite for risk assets, though lingering concerns over US-China trade tensions checked the greenback ... more

HKMA says has confidence in local currency's peg to US dollar

18 Apr 2018 20:52Reuters
The Hong Kong dollar is pegged at 7.8 to the U.S. dollar but can trade between 7.75 and 7.85. Under the currency peg, the HKMA is obliged to intervene when the Hong Kong dollar hits 7.75 or 7.85 to keep the band intact. more

Silver Price Hits 11-week High on Weaker US Dollar and Technical Buying

18 Apr 2018 18:37Investing News Network
The silver price rose over 2 percent on Wednesday (April 18) afternoon, reaching a 2.5-month high thanks to technical trading. A weaker US dollar also supported prices. Kitco analyst Jim Wyckoff said gold and silver are ‚Äútilted in favor of the bulls ... more

Iran to replace US dollar with euro in financial reports

18 Apr 2018 14:18Aljazeera.com
Tehran, Iran - The government of Iran has announced plans to replace the US dollar with the euro in official financial reporting, according to state-run media. more

Pound v US dollar: GBP exchange rate drops sharply after UK inflation rate falls

18 Apr 2018 05:18Express.co.uk
Pound traders have responded negatively to the news, with Sterling dropping to an exchange rate of $1.418 against the US dollar. This is a marked deterioration from Tuesday's pairing high of $1.437, when UK economic data suggested that a May Bank of ... more

US Dollar Rises On Strong Economic Data

17 Apr 2018 11:15Wall Street Journal
The dollar's advance happened against a backdrop of low volatility, which is surprising given the continued turmoil surrounding global trade, said Brad Bechtel, head of currency strategy at Jefferies Group LLC. more

US Dollar Weakness Masks Growing Risks

17 Apr 2018 09:48Seeking Alpha
In our previous take on the US dollar in early February, we wrote that the currency was set to remain weak. At the time, ex-US growth was accelerating, while speculator sentiment was only mildly bearish. more

Dollar gains on the week, but drops 2.1% in first quarter

30 Mar 2018 09:44MarketWatch
The WSJ U.S. Dollar Index BUXX, -0.14% a broader measure of the buck, fell 0.2% to 83.69, putting it on track for a 0.6% decline on the month, and a 2.7% drop on the quarter. more
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