If the dollar gets much lower
against the major currencies of our world, I would expect to see some currency intervention to try to raise the value of the US dollar.
Not exact matches
The dollar, traded
against a basket
of major currencies, rose as high as 92.566, the highest since Jan. 10, before retracing to 92.454.
It was up more than 2 %
against a basket
of other
major currencies.
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 dollar index, which tracks the U.S.
currency against a basket
of six
major peers, was little changed at 95.693, holding above Friday's 95.384, its lowest since July 5.
NEW YORK, May 2 (Reuters)- The U.S. dollar rose to four - month highs
against a basket
of major currencies and world stock indexes mostly edged lower on Wednesday as investors awaited the outcome
of a Federal Reserve meeting and possible indications on the interest rate outlook.
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.
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.
The dollar's index
against a basket
of six
major currencies stood at 91.561, steady on the day but down from Friday's high
of 91.986, its...
In the
currency markets, the differing messages
of the world's
major central banks on inflation and monetary policy prodded the dollar higher
against the yen ahead
of a series
of appearances by U.S. Federal Reserve officials this week.
Elsewhere in forex markets, it's a relatively calm day, with a slight correction in the risk - off trade that we have been monitoring for weeks, as the yen is a tad lower today
against all
of its
major peers, while the Dollar couldn't gain on risk - on
currencies, despite the equity weakness.
The CEER index is a weighted average
of bilateral exchange rates for the Canadian dollar
against the
currencies of Canada's
major trading partners.
The Canadian dollar has appreciated
against the U.S. dollar by an amount similar to that
of the
currencies of two
major commodity importers, Japan and the euro area (Chart 8).
Currency strategists gave weaker exchange rate forecasts for
major emerging countries such as China, Brazil, South Africa and Turkey in the monthly survey, pointing to a sixth straight year
of dollar gains
against most high - yielding
currencies.
The externals have been mixed so far this week with the global equity markets in a light round
of profit taking selling while the U.S. dollar is correcting to the downside after hitting new highs
against most
major currency pairs.
Although the US
currency typically weakens at the start
of a tightening cycle, Morgan Stanley is forecasting a stronger greenback
against all
major currencies through 2017.
As
of today, the unemployment level maintains to the lowest levels since 2009, but any increase in unemployment may weaken the European
currency against major pairs, including Yen.
The dollar has also appreciated
against a number
of the other
major currencies, including the pound and Canadian dollar.
Between late 1998 and the middle
of 1999, the Australian dollar appreciated by around 6 per cent, both in import - weighted terms and
against the
major currencies, retracing around half
of the earlier depreciation.
U.S. DOLLAR VERUS OTHER
MAJOR CURRENCIES The United States Dollar Index or DXY measures the performance of the dollar against a basket of other currencies including EUR, JPY, GBP, CAD, CH
CURRENCIES The United States Dollar Index or DXY measures the performance
of the dollar
against a basket
of other
currencies including EUR, JPY, GBP, CAD, CH
currencies including EUR, JPY, GBP, CAD, CHF and SEK.
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.
Against a basket
of major currencies, the United States dollar rose.
Gold recovered as the U.S. dollar index, which measures the greenback's strength
against a basket
of six
major currencies, slid 0.21 % to 92.09, pulling back from Tuesday's four - month highs
of 92.37.
The dollar came under heavy selling pressure
against most
major currencies in the wake
of the Fed's announcement, which triggered a round
of complaints from emerging markets worried about controlling inflation and maintaining their global competitiveness.
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 --
The US Dollar Index that tracks the greenback
against a basket
of six
major currencies last stood at 92.39, down 0.22 %.
The U.S. dollar rose slightly
against a basket
of major currencies helped by optimism about progress on tax reform legislation and lawmakers» efforts to avert a U.S. government shutdown on Saturday.
Nonetheless, the exchange rate movement
against the
major currencies must overstate the net impact
of the recent
currency movements because it does not take account
of Asian producers» ability to reduce their prices.
The U.S. dollar index, which measures the greenback's strength
against a basket
of six
major currencies, was up 0.67 % to 92.24 by 10:21 AM ET (14:21 GMT), the highest level since January 11.
«
Currency gains accounted for the bulk
of the return this quarter, as the Canadian dollar continued to slide
against most
major currencies,» added MacDonald.
The US dollar has continued to depreciate
against most
of the
major currencies that freely float
against it.
In this environment the Australian dollar has appreciated strongly
against the US dollar and
against currencies of the non-Japan Asian region over the past year, though it has been relatively stable
against other
major floating
currencies.
Events in global foreign exchange markets have been dominated by the depreciation
of the US dollar
against all the
major currencies that freely float
against it.
The US dollar's weakness extended into another month, making the US
currency's performance
against other
major currencies over the first seven months
of 2017 its worst start to a year for more than three decades.
With improving employment figures, higher domestic production
of commodities and a rise in levels
of consumer confidence, the dollar rose in value
against major currencies around the world, climbing to $ 1.49
against the pound in the first half
of 2015.
CORPORATE FINANCING NEWS: FOREIGN EXCHANGE By Gordon Platt The euro was the star
of the
major currencies in January, as it soared to a 14 - month high
against the dollar and a 33 - month high
against the Japanese yen.
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.
King Dollar has appreciated
against a basket
of major currencies ahead
of this afternoon's estimate
of first - quarter GDP growth.
The Cedi which experienced sharp decline
against major international
currencies towards the end
of 2015 and the beginning
of 2016, saw massive stability months into the remaining
of 2016.
He submitted that this singular act will «reduce pressure on naira and eventually increase value
of naira
against other world
major currencies.»
Section
of Ghanaians are beginning to question government's assurance to address these age long challenges in the short to medium term after the cedi, which was relatively stable
against major currencies the whole
of last year; has depreciated by 6 percent in the last two months with dumsor also rearing its ugly head.
The 2017 budget was to ensure confidence in the economy — Ken Ofori - Atta 10:52 The cedi remains relatively stable
against he
major currencies — Ken Ofori - Atta 10:51 Interest rate in 2017 continue to decline — Ken Ofori - Atta 10:50 Inflation continue to decline in 2017 — Ken Ofori - Atta 10:48 We have returned to a robust growth after 2016 recorded the worst growth in three decades — Ken Ofori - Atta 10:47 The call to relieve our country and people from a wretched existence is urgent — Ken Ofori - Atta 10:45 The should not simply be a statement to share the national cake between different groups but it should capture how a nation comes together to meet the challenges
of our time — Ken Ofori - Atta 10:45 We plan on providing opportunities as many Ghanaians as possible.
They are also worried that despite the huge crash in value
of the Naira
against world's
major currencies, CBN maintained its official rate at N197 / USD1 thereby creating wider parallel market margin
of about 50 per cent, the highest so far in the history
of Nigeria's
currency market.
This was largely due the stabilized depreciation
of the Ghana Cedi
against major trading
currencies and the relative increase in power supply.
A Deputy Minister
of Finance with the Mahama administration, Kweku Ricketts - Hagan, has blamed the Akufo - Addo government for the fast depreciation
of the cedi
against some
major trading
currencies.
The weakening
of the rand
against major world
currencies in 2015 seems to not only have affected our country's lending ability.