Category Archives: News

As G20 Meets, U.S. Dollar Gains Some Support

The U.S. Dollar held stead in Asian trading today, even as the meeting of the Group of 20 finance ministers sits for their first policy session in South Korea. Continue reading

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As G20 Meets, U.S. Dollar Gains Some Support

The U.S. Dollar held stead in Asian trading today, even as the meeting of the Group of 20 finance ministers sits for their first policy session in South Korea. Continue reading

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Ahead of G20, Dollar Gets Help from Geithner Comments

Ahead of this weekends’ Group of 20 meeting in South Korea, the U.S. Secretary of the Treasury, Timothy Geithner, commented that he plans to use the meeting as a forum to focus attention on the need to rebalance global economies, and move closer … Continue reading

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China Rate Hike Brings the Greenback Lower

The U.S. Dollar Index slipped in Asian trading today, falling after yesterday’s surprise rate hike by the People’s Bank of China. Continue reading

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Euro and Yen Slip Against a Firming Greenback in Asia

At 3:11 p.m. (JST) in Tokyo, the Euro traded at $1.3900, a decline of .2% and well off last Friday’s 8-month peak Continue reading

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In Asian Trading Greenback Gains on Euro, Aussie as Short Positions are Trimmed

The U.S. Dollar continues to extend last Friday’s late rebound in Asian trading today, with the Dollar Index rising and pulling farther from the 10-month trough struck last week. As reported at 12:40 p.m. (JST) in Tokyo, the Dollar Index traded a… Continue reading

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U.S. Dollar Gets Temporary Respite in Asian Trading

Investors cutting their short U.S. Dollar positions helped to give the greenback some respite from the weeks’ lows. Continue reading

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U.S. Dollar Gets Temporary Respite in Asian Trading

Investors cutting their short U.S. Dollar positions helped to give the greenback some respite from the weeks’ lows. Continue reading

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Singapore Policy Tightening Precipitates Greenback’s Broad Tumble

The U.S. Dollar Index struck a new 10-month low in Tokyo trading, continuing to be put under selling pressure, this time pushed lower by the policy tightening actions of the Monetary Authority of Singapore. Continue reading

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QE Speculation Rises as U.S. Dollar Dips against Euro in Asia

Yesterday’s release of the minutes from last month’s Federal Open Market Committee policy meeting spurred on investor speculation that the Fed will soon increase their QE measures. Continue reading

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