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
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
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
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
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
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
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
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
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
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
