For instance, if you are buying a television from the U.S. and the Canadian
dollar moves higher relative to the U.S. dollar, it will take fewer Canadian dollars to buy that television.
If I were a betting man — which I'm not — I'd wager the Canadian dollar could move lower as the U.S.
dollar moves higher in the coming year.
Not exact matches
NEW YORK, May 2 - U.S. stocks edged
higher while the
dollar and Treasury yields fell on Wednesday after the Federal Reserve held interest rates steady and said inflation had «
moved close» to its target.
Gold, meanwhile, hit a six - week low of $ 1,307.40 an ounce, as the
dollar strength and bets on
higher interest rates kept it on the slide having already gone dropped through its 100 - day
moving average.
The
move «still left the Canadian
dollar, in our view, at historically
high levels — as
high as what we've been seeing,» said Paul Ferley, assistant chief economist at RBC.
The U.S.
dollar just hit its
highest levels since late December, a
move that's planted it in overbought territory.
The pound
moved higher against the
dollar following the news and was trading at $ 1.2365 shortly after Thursday's close.
Stocks were under pressure as rates rose, and the
dollar also
moved higher.
The
dollar hit a 10 - day
high against the yen in overnight trading, but reversed that
move, touching its session low after Dudley's remarks.
For example, content requirements could be tailored to capture billions of
dollars in research and development investments primarily made in the United States, protecting
high - paying engineering jobs from
moving offshore, he said.
NEW YORK, May 2 (Reuters)- U.S. stocks edged
higher while the
dollar and Treasury yields fell on Wednesday after the Federal Reserve held interest rates steady and said inflation had «
moved close» to its target.
LONDON, May 2 - The
dollar consolidated gains on Friday after hitting a 3 - 1 / 2 month
high in the previous session as investors waited for the outcome of a U.S. «Despite the
moves we have seen in the
dollar in recent days, financial conditions haven't really tightened noticeably but that may change if the rally continues,» said Manuel Oliveri, an FX strategist at Credit...
NEW YORK / LONDON, Jan 18 - Gold was flat in a narrow range on Thursday, first dipping as the
dollar rose and then rising as the
dollar moved lower, but bullion's gains were limited by
higher U.S. $ 12, or 0.9 percent, at $ 1,327.20 per ounce.
The velocity of the
move will be based on the movement of the
dollar in conjunction with other major global currencies; A fast
move higher in the U.S.
dollar will force the price of crude lower quickly (crude is denominated in
dollars globally) and force selling by those who need capital.
By late - morning in London, the
dollar was 3.7 %
higher against it at 63.12, although the
move was exaggerated by the fact that neither the Russian central bank nor big Russian corporates, which have been instructed to provide
dollar liquidity to the local market were in the market due to the Orthodox Christmas holiday.
On the eve of the U.K. government beginning the official process of leaving the European Union, sterling
moved slightly
higher against the
dollar to trade at $ 1.2557 — mainly driven by a weaker
dollar.
Comments from the Fed were «possibly disappointing for
dollar bulls,» but the main reason for the euro's resilience on Thursday was profit - taking after the
dollar's rapid
move higher, said Jane Foley, currencies strategist at Rabobank.
TORONTO — Canada's main stock index closed
higher Monday as the loonie
moved up against the U.S.
dollar on a mixed day for the markets.
As the
dollar closes in on four - month
highs and WTI pauses, here are some
moves trader Jim Iurio is watching for.
As the
dollar closes in on four - month
highs and West Texas Intermediate crude takes a pause, here are some
moves I'm watching for Tuesday.
«In my judgment, and theory tells us also, reflation trades perform and in Japan that means
dollar / yen
moving higher and stocks
moving higher too,» he said.
The Australian
dollar moved as low as $ 0.69 and as
high as $ 0.73.
Traders will now also watch for the
dollar / yen behavior with a
move higher towards $ 1.08.
For industry specifics, the analysts said technology, healthcare and industrial stocks will
move higher on a weaker
dollar.
The
dollar reached 63.14 cents after his speech, continuing a
move higher in overseas markets early in the trading day.
The former because it allows for a case in which a modest increase in demand leads to a large increase in price, and the latter because it would lead investors to hedge by
moving themselves into Canadian
dollars (more than they would otherwise) to protect against
high oil prices.
Spelling out the next steps on carbon pricing (p. 127): A good illustration of movement without
dollars: while the budget doesn't allocate any funding for carbon pricing specifically, it does map out the way Ottawa plans to
move ahead on its
highest - profile climate commitment.
After surging more than 10 % to a multiyear
high, the
dollar has retraced nearly half of the
move and is back to mid-November levels.
Key Highlights Ripple price is slowly
moving higher and is currently trading above $ 0.8400 against the US
dollar.
Despite the
move, the Aussie, and the also rallying Canadian
Dollar are still well below the pre-crash
highs, and as they have led the market during the correction, we still remain defensive towards risk assets here.
This is lower volatility than many other stocks in percentage terms, but because of the
high stock price (absolute, not a reflection of value) the
moves are large in absolute
dollar terms.
Gold prices
moved higher today along with stocks and the
dollar index as investors await Friday's non-farm payrolls data for November.
Third, the US
dollar has
moved higher against most other currencies.
Key Highlights ETH price is surging
higher and it recently
moved above the $ 900 level against the US
Dollar.
The 200 - day
moving average has been in focus and also the 61.8 % retracement in eurodollar: «That was the exact low yesterday and we're waiting for the next key US figure to see if this
dollar rally can continue to drive
higher».
The overall trend is bullish for Ethereum and it is likely to continue
moving higher versus the US
Dollar as well towards $ 395 - 400.
Nonetheless, 1) the rates
move lower on positioning excess being unwound due to YTD performance pain and reversing technicals, along with 2) the potential «watering down» of the tax policy's USD - drivers need be monitored going - forward for all portfolios due to the
high likelihood of causing a similar turn lower in the US
Dollar.
Key Highlights ETH price jumped
higher sharply and
moved above the $ 780 resistance level against the US
Dollar.
Bitcoin price is slowly
moving higher towards $ 11,000 against the US
Dollar.
The US
Dollar index looks poised for a sharp
move higher, given the minor consolidation following the previous week's BREXIT Breakout.
As the multi-decade chart shows, the
dollar has broken out of its declining secular trendline, earlier this year, and is about to confirm its breakout by
moving higher from these price levels.
Foreign equities
moved higher for a seventh successive quarter, advancing 5.3 per cent in Canadian
dollar terms against 5.2 per cent for the MSCI World Index.
The
dollar rocketed
higher in 2014 - 2015 on the back of monetary policy divergence, however I'd view the
dollar's weakening in 2016 - 2017 as a correction of this
move back towards PPP levels.
Price action
moved sharply
higher on the European open at 2:00 am CT and saw further gains as the U.S.
dollar weakened on frothy data and a tweet from President Trump.
With the increase in risks and the choppiness of the
dollar, the oil prices have favorable conditions to
move higher and into the $ 70 region.
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 pe
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 pe
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 pe
dollar was pressured against a basket of currencies after the initial reading on first - quarter gross domestic product came in at 2.3 percent.
«It seems reasonable to assume that another year of extreme
moves in US
dollar (
higher) and oil / commodity prices (lower) would likely continue to drive this negative feedback loop and make it very difficult for policy makers in emerging markets and developing markets to fight disinflationary forces and intercept downside risks,» the analysts add.
Michael Hasenstab: If the Fed
moves first and interest rates in the United States start to normalize, then
higher US rates combined with stable rates in Japan or Europe should lead to a stronger US
dollar, at least temporarily.
Gold continues to track the U.S.
dollar index, which
moved higher Tuesday on some upbeat U.S. economic data.
More than a decade after the state's
highest court ordered New York lawmakers to spend billions of
dollars more a year on schools, Governor Cuomo and his top aides are
moving further away from ever fulfilling the order, say critics.