Category: All Category

21 Feb

Dollar steadies after bounce, focus on Fed minutes

By Masayuki Kitano SINGAPORE (Reuters) – The dollar steadied against a basket of currencies on Wednesday, having pulled up from three-year lows set last week as traders shaved off some of the bearish bets against the U.S. currency. The dollar index (=USD) last stood at 89.686, up 1.6 percent from Friday’s three-year low of 88.251. Against the […]

20 Feb

Dollar steadies but dogged by worries over deficits, inflation

By Hideyuki Sano TOKYO (Reuters) – The dollar inched higher versus a basket of major currencies on Tuesday, clinging above a three-year low set last week, but its outlook was clouded by concerns that the ballooning U.S. fiscal deficit could disrupt the economy. The dollar’s index (DXY) versus six major peers stood at 89.347, about […]

19 Feb

Dollar edges higher after hitting three-year low

By Tommy Wilkes LONDON (Reuters) – The dollar enjoyed a small rebound on Monday as investors bought back the greenback following its plunge to three-year lows. The U.S. currency has been hurt by a variety of factors this year, including concerns that Washington might pursue a weak dollar strategy and the perceived erosion of its […]