NEW YORK, Jan 2 - European stocks closed lower on Tuesday, the first trading day of 2018, while Wall Street advanced and the U.S. dollar fell to its weakest in over three months
against key currencies.
NEW YORK, Jan 3 - The U.S. dollar extended gains
against key currencies on Wednesday after the release of minutes from last month's Federal Reserve meeting, while world shares smashed records on investor optimism in the new year.
NEW YORK, Jan 2 - The S&P 500 and the Nasdaq Composite notched record closing highs on Tuesday, the first trading day of 2018, while European equities finished lower and the U.S. dollar fell to its weakest level in over three months
against key currencies.
Not exact matches
The U.S. dollar surged into positive territory for 2018 and broke past
key levels
against several
currencies as a divergence between growth and the interest rate outlook versus other countries spurred investors to chase the
currency higher.
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.
NEW YORK, May 1 - The U.S. dollar surged into positive territory for 2018 on Tuesday and broke past
key levels
against several
currencies as a divergence between growth and the interest rate outlook versus other countries spurred investors to chase the
currency higher.
The U.S. dollar surged on Tuesday into positive territory for 2018 and broke past
key levels
against several
currencies.
One of the
key drivers has been the dollar, which has lost 3.2 %
against a basket of major
currencies so far this year, a decline that was exacerbated last week when U.S. Treasury Secretary Steven Mnuchin suggested President Donald Trump's administration favored a weaker
currency.
On the positive side, we benefitted from a healthy recovery in the global air cargo industry, as well as the relative strengthening of
key currencies against the US dollar.
Also the USD declined
against higher - yielding
currencies on prospects the lack of U.S. job growth will keep Federal Reserve Chairman Ben S. Bernanke from raising the
key interest rate.
It's been done before; but I would urge
against it because it gives up a
key advantage that all of our debt is denominated in a
currency that we think we control.