«The bigger picture is still going to favor dollar
gains against these currencies,» Simon Smith, chief economist at FxPro, told CNBC on Friday.
Not exact matches
For foreigners investing in Japanese stocks, the yen also poses a challenge, analysts said, with the rapid depreciation in the
currency — which has fallen 14 percent
against the U.S. dollar in the past three months - mitigating
gains in the market.
The dollar, measured
against a basket of
currencies, has now given up more than half of the
gains it notched up this month when investors rushed into the greenback as equity markets suffered a violent sell - off.
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.
U.S. stock index futures pared
gains on the data, while the dollar slipped
against a basket of
currencies.
The
gains came despite a higher dollar, which is at its strongest since Jan. 11
against a basket of
currencies.
In 2015, the dollar enjoyed its fastest rise in 40 years, and it continues to
gain steam
against the world's other major
currencies.
Uncertainty about the U.S. presidential race in the near term may produce periods of volatility for the U.S. dollar, yet RBC maintains that the U.S.
currency will post modest
gains against the Euro, Canadian dollar and sterling as markets look for a U.S. Federal Reserve policy rate increase in the first half of 2017.
After a two - day rally, the offshore renminbi rose as much as 2.5 percent, to 6.7853
against the dollar on Thursday, an exceptional
gain for a
currency that is usually subject to staid trading.
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.
But should those
currencies appreciate
against the dollar, you'll reap a
gain.
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.
The
gain or loss is calculated
against the market value of the
currency when you acquired it (known as your basis).
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 dollar may be nearing its peak, and poll forecasts point to a slower pace of
gains against most
currencies in 2016.
Sterling rose on Wednesday, extending
gains from earlier in the day as better - than - expected construction PMI data calmed investors after a selloff that took the
currency five percent lower
against the dollar in two weeks.
Although the dollar
gained ground
against higher - yielding
currencies and assets then, bitcoin was also able to advance.
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.
It is hard to post US dollar revenue growth when half of your revenues comes from offshore and your
currency gained 12 %
against other
currencies during the same year.
«
Currency gains accounted for the bulk of the return this quarter, as the Canadian dollar continued to slide
against most major
currencies,» added MacDonald.
Gains against most other floating
currencies have also been limited, though those
against most Asian
currencies have been similar to that
against the US dollar.
From mainland China, more than $ 1 trillion dollars has left that country in the past 12 months and I am told we have a few more years of this coming (plus their
currency has
gained a lot
against the Canadian dollar).
As a result, the single
currency continued to make
gains, and by the end of July had reached a two - and - a-half year high
against the US dollar.
As of December 19, the Chinese
currency had
gained less than 1.5 %
against the US dollar.
It is hard to post US dollar revenue growth when half of your revenues comes from offshore and your
currency gained 12 %
against other
currencies during the same year.
U.S. Dollar
Gaining Strength against Most Majors The U.S. Dollar is gaining strength against most major currencies at the midsession with the exception of the Pacific Rim cou
Gaining Strength
against Most Majors The U.S. Dollar is
gaining strength against most major currencies at the midsession with the exception of the Pacific Rim cou
gaining strength
against most major
currencies at the midsession with the exception of the Pacific Rim countries.
U.S. Dollar Posts Strong
Gains on Renewed Greece Concerns The U.S. Dollar posted strong gains against all major currencies as concerns about Greeceâ $ ™ s ability to stick to its new strict budget flared up once a
Gains on Renewed Greece Concerns The U.S. Dollar posted strong
gains against all major currencies as concerns about Greeceâ $ ™ s ability to stick to its new strict budget flared up once a
gains against all major
currencies as concerns about Greeceâ $ ™ s ability to stick to its new strict budget flared up once again.
World stock markets were listless Monday with
gains coming mostly in Japan and China as the dollar's strength
against local
currencies lifted the export outlook.
Mr. Jain said he believes the U.S. dollar will rise
against our Canadian dollar, which raises the possibility of
currency - related
gains from buying a U.S. - market bond ETF.
But last year, the Chinese
currency rose nearly 7 %
against the dollar, and it
gained an additional 4 % in the first quarter.
Third, we warn
against a non-normative approach to «reasonable expectations» that is also
gaining currency in several provincial courts across Canada.
The digital
currency rose 11.5 %
against the dollar on Friday and has
gained more than 15 % since Monday's low near $ 292.
In total, the cryptocurrency surged close to 20 % on digital
currency exchange Poloniex
against both USDT and BTC during today's session, rising to as much as $ 13.40 for a
gain of 18.7 % from the opening price.
«Cooling Down The Market» In legislatory warnings Tuesday, the regulator went
against the trend
gaining speed in the US and Japan and banned futures trading, along with suggesting a tax on virtual
currency transactions.
From mainland China, more than $ 1 trillion dollars has left that country in the past 12 months and I am told we have a few more years of this coming (plus their
currency has
gained a lot
against the Canadian dollar).
The trade - weighted U.S. dollar has appreciated 15 %
against foreign
currencies since last summer, including a 20 % singular
gain against the euro, which has made American - made goods more expensive for foreign buyers.