Even though the dollar has raced to 14 - year highs
against a basket of currencies in the wake of the Fed meeting, only a slim majority - 52 percent of poll participants who expressed a view - thought the euro / dollar exchange rate would break below parity in 2017.
Not exact matches
MARKETS: The dollar held near a four - month high
against a
basket of major
currencies, buoyed by the outlook for a strong U.S. economy and rising yields amid signs
of slowdown elsewhere, especially
in Europe.
NEW YORK, April 13 - The dollar was little changed
against a
basket of major
currencies on Friday as traders waited for more clarity on a possible Western military intervention
in Syria.
The U.S. dollar rose to a two - week high
against a
basket of currencies on Friday on rising U.S. yields, while sterling extended a decline
in the wake
of dovish comments from the head
of the Bank
of England.
NEW YORK, Dec 29 - The dollar fell to its lowest
in over three months
against a
basket of major
currencies on Friday, on track for its biggest annual drop since 2003, on doubts over durability
of a pickup
in U.S. economic growth
in wake
of last week's tax overhaul.
NEW YORK, Dec 29 - The dollar fell to its lowest
in over three months
against a
basket of major
currencies on Friday, marking its steepest annual drop since 2003, on doubts over durability
of a pickup
in U.S. economic growth
in wake
of last week's tax overhaul.
* The dollar index, which measures the greenback
against a
basket of currencies, was little changed at 90.800, lower than 91.076 hit
in the previous session, its strongest level since Jan. 12.
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.
Excerpt below: The dollar fell some 10 %
against a
basket of currencies last year, the first annual decline
in five years.
The U.S. dollar appreciated significantly
in anticipation
of steady economic growth and rising interest rates
in 2014 and 2015, returning 12.8 % and 9.3 % (respectively)
against a trade - weighted
basket of international
currencies.
As the USD is the largest component
in the
basket of global
currencies against which other
currencies» purchasing power are measured, and the ruble lost 58 %
in valuation versus the USD just from June 2014 to January 2016, I would dare claim that a 58 % devaluation qualifies as a crash.
Typically whenever a
currency has been an outlier
against a broad
basket of currencies, it has been a poorly performing one because
of problems
in that country (though there are exceptions to this rule
of thumb).
Measured
against a
basket of currencies, it has gained about 17.5 percent
in value since the inauguration, more than any other major
currency.
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.
In the last week, the upcoming Japanese election has caused the yen to fall
against a
basket of other
currencies.
On the hints
of a rise
in rates and with the employment report on the horizon — the USD is rising
against major
currency basket — just crossed above the 50 day moving average --
In inflation - adjusted terms, the value
of the Australian dollar is at a record level
against a trade - weighted
basket of east Asian
currencies, with a number
of these
currencies having depreciated markedly at the time
of the Asian crisis, and again more recently (Graph 69).
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.
In February 2007, Invesco Ltd introduced a PowerShares UUP ETF for tracking the performance
of the US Dollar
against a
basket of six major
currencies.
The dollar rose
against a
basket of major
currencies on Monday, supported by an ongoing slump
in both GBP / USD and EUR / USD.
In foreign exchange markets, the U.S. dollar hit its lowest level since December, 2014
against a
basket of other leading
currencies.
IMO — It makes sense to hedge
against the U.S,
currency but makes very little sense to hedge
against a
basket of int» l securities offered
in 1 product like VWO.
CWO invests
in stocks that are denominated
in a
basket of overseas
currencies, but adds hedging
against the US dollar.
Alex:
In my opinion, you don't need a hedge for VEA because though it is denominated in USD, it holds stocks denominated in euros, yen and pound, so it is really only affected by the gyrations of the C$ against this basket of currencie
In my opinion, you don't need a hedge for VEA because though it is denominated
in USD, it holds stocks denominated in euros, yen and pound, so it is really only affected by the gyrations of the C$ against this basket of currencie
in USD, it holds stocks denominated
in euros, yen and pound, so it is really only affected by the gyrations of the C$ against this basket of currencie
in euros, yen and pound, so it is really only affected by the gyrations
of the C$
against this
basket of currencies.
You are right
of course that VEA and VWO are * not * influenced by the CAD / USD fluctuations but by the fluctuation
of the CAD
against the
basket of currencies those assets are denominated
in.
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.
Volatility
in currency markets could cause problems because Beijing sets the value
of the yuan
against a
basket of the
currencies of its major trading partners.
I found out even though these funds are
in US dollars there is no US
currency risk, the
currency risk should be less volatile because it is actually Canada
against a
basket of currencies.
U.S. Dollar Falls to 15 Month Low
against Basket of Major
Currencies The U.S. Dollar fell to a 15 month low against a basket of currencies on Tuesday as concerns about debt issues in Dubai subsided, leading to increased demand for higher yielding c
Currencies The U.S. Dollar fell to a 15 month low
against a
basket of currencies on Tuesday as concerns about debt issues in Dubai subsided, leading to increased demand for higher yielding c
currencies on Tuesday as concerns about debt issues
in Dubai subsided, leading to increased demand for higher yielding
currenciescurrencies.
For US Dynamic Hedging clients during the quarter, hedging returns
in the programmes were negative, as the US dollar weakened
against the weighted
basket of hedged
currencies.
Today, the People's Bank
of China,
in a speech given by central bank governor Zhou Xiaochuan, announced the
currencies that are
in the
basket against which it sets the value
of the yuan.
Asian stocks edged up on Thursday as robust corporate earnings helped Wall Street quell concerns over a surge
in U.S. bond yields, while the dollar hovered near three - month highs
against a
basket of currencies.
Given that VEA is denominated
in US dollars, but actually reflects a
basket of other
currencies does that mean that if the US dollar went up by 10 %
against the weighted
basket of foreign
currencies in VEA then the ETF share price should drop by 10 % (assuming no change
in the underlying value
of the foreign holdings)?
If I understand your response then my response is correct that
in the hypothetical scenario that all things stayed fixed (NAV
of foreign holdings
in native
currencies) and the US dollar jumped 5 %
against all
of the foreign
currencies then the foreign ETF should drop 5 % because it would take 5 % fewer US dollars to buy the same
basket of foreign stocks.
In the case
of Emerging Markets, positive returns were generated over the period as emerging market
currencies generally appreciated
against a
basket of developed market
currencies.
Overall, the USD have risen
against a
basket of global
currencies which have weakend
in value.