A few dollar - denominated commodities moved higher on Friday in response to a weaker U.S. Dollar, a drop in U.S. Treasury yields and softer - than - expected U.S. economic data.The dollar was pressured
against a basket of currencies after the initial reading on first - quarter gross domestic product came in at 2.3 percent.
The dollar recently retreated
against a basket of currencies after it was revealed that lacklustre US inflation data is a reality in the US economy.
Prices for U.S. Treasuries bonds slipped while the U.S. dollar rose slightly
against a basket of currencies after the data was published.
Not exact matches
Elsewhere, the dollar held at a three - month high
against a
basket of currencies,
after having received a boost from U.S. 10 - year Treasury yields holding near the key 3 percent level.
SINGAPORE, May 3 - The dollar traded below a four - month high
against a
basket of currencies on Thursday, with the focus shifting to economic data
after the Federal Reserve did little to alter market expectations for further interest rate rises this year.
NEW YORK, Feb 5 - The dollar rose
against a
basket of currencies on Monday as the U.S. bond market selloff levelled off
after the 10 - year yield hit a four - year peak on worries that the Federal Reserve might raise interest rates faster to counter signs
of wage pressure.
Prices for U.S. Treasuries extended losses
after the data while the dollar rose
against a
basket of currencies.
SYDNEY (Reuters)- The dollar rose to its highest in over four years
against a
basket of currencies on Thursday
after the Federal Reserve's guidance on interest rates highlighted the diverging pathways between the United States and other rich nations.
The U.S. dollar posted rare gains
against a
basket of rival
currencies after New York Fed President William Dudley said interest rates are on track to rise gradually.
Against a
basket of currencies, the dollar index was trading at 92.450,
after reaching the highest since late December at 92.834.
The U.S. dollar pared gains
against a
basket of major
currencies on Friday
after data showed the U.S. economy created fewer jobs than expected in December.
After the election
of Donald Trump, the dollar hit multi-decade highs
against a
basket of international
currencies.
Today we are going to report about the USD
after it dropped
against a
basket of currencies.