Sentences with phrase «higher against all currencies»

Following the release of National Accounts data, however, which were a good deal stronger than expected and prompted many analysts to conclude that their earlier assessments of a slowing in the economy had been overstated, the exchange rate moved higher against all currencies.

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.

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 common currency rose to a two - and - half year high against the dollar on doubts over the U.S. currency but also after European Central Bank President Mario Draghi gave two speeches last week with no indications about the bank's next steps for monetary policy.

In currencies, the dollar index, which tracks the U.S. currency against six major peers, traded at 92.478 at 2:56 p.m. HK / SIN, below the 92.8 handle touched on Wednesday and under a four - month high hit in the last session.

The euro, which in the aftermath of January's meeting rose to a new three - year high, started the year surging against other currencies, including the U.S. dollar, as the region's economy improved and political risks dissipated.

Their declining currencies against the dollar (8 - 9 percent over the past 12 months), falling stock market values since the beginning of the year and high (India) and rising (Brazil) bond yields are reflecting their funding difficulties.

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.

The dollar rallied as much as 2.5 % against South Africa's rand to 13.613, its highest since early February, after President Jacob Zuma fired finance minister Pravin Gordhan in a cabinet reshuffle following days of speculation that has rocked the country's markets and currency.

SINGAPORE, May 3 - The dollar traded below a four - month high against a basket of currencies on Thursday, with the focus shifting to economic data after the Federal Reserve did little to alter market expectations for further interest rate rises this year.

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, 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, 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.

That means that if the Federal Reserve feels the need to respond to President Donald Trump's new economic policies with higher interest rates, as Chairwoman Janet Yellen again hinted yesterday, there'll be little to stop the dollar rising further against Europe's single 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...

The gains came despite a higher dollar, which is at its strongest since Jan. 11 against a basket of currencies.

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.

The dollar was mixed Friday, higher against the euro and many other currencies but lower against the yen.

The dollar index against the world's major currencies is at a four month high with the interest rate gap set to widen between the dollar and euro - zone as the US Federal Reserve plans several more rate hikes this year.

Against this environment, our strategists remain bullish on equities and continue to favor emerging market currencies and, in the fixed income space, prefer local markets over external debt and maintain their higher - yielding yet better - quality bias.

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.

Canada's currency reversed declines after the release, trading 0.3 percent higher at C$ 1.3192 against its U.S. counterpart at 8:46 a.m. Toronto time.

Europe's common currency rose to two - and - half year highs against the greenback Monday.

WisdomTree's yuan ETF is heating up as investors start making bets China's currency is heading higher against the dollar for all kinds of reasons, the latest a couple of reports suggesting the Chinese government is ready to let its currency start rising again.

The dollar retreated some after posting fresh highs against the yen, sterling and some other currencies.

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.

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.

Against a basket of currencies, the dollar index was trading at 92.450, after reaching the highest since late December at 92.834.

Third, the US dollar has moved higher against most other currencies.

Because the Canadian dollar has held its own against the US dollar in this context, largely due to higher oil prices, it has also been rising against most other currencies.

The confidence in Bitcoin may break as a result of unexpected changes such as: unfavorable legal regulations, banning electronic legal tenders, introducing the prohibition on trading in virtual currency in specific areas, imposing high taxes, creating competitive alternative currencies, deflation, and other factors which may significantly affect the shaping of the exchange rate of Bitcoin against other 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.

The dollar rose to the highs of the year against a currency basket on Tuesday as investors awaited a FED meeting expected to point to another possible rate hikes this year.

Although the dollar gained ground against higher - yielding currencies and assets then, bitcoin was also able to advance.

Now if Fed decides to exit or even taper its QE policy, it will give rise to a highly bullish trend in US Dollar Index which has already gone higher against its major rival currencies.

By the end of the session, it was trading 0.4 percent higher against Japan's currency at 106.65 yen.

The British currency is currently up by 0.0015, against the US dollar trading at 1.5644 — its highest point of the day so far.

The German index is still stuck in a clear downtrend as the European common currency it a new two and a half year high against the Dollar.

Litecoin (CURRENCY: LTC) traded 3.8 % higher against the U.S. dollar during the one day period ending at 1:00 AM ET on March 11th.

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.

According to this theory, if, for example, the U.S. inflation rate is higher than the Canadian inflation rate, then the purchasing power of Americans will erode compared to that of Canadians, and the value of the U.S. dollar against the Canadian dollar will be adjusted in the markets to balance the purchasing power of the two currencies.

Hence, as a result first of large depreciations of a number of Asian currencies during the Asian crisis of 1997 and 1998, and then their more recent decline with the US dollar, the Australian dollar is now some 60 per cent higher than its post-float average against a group of Asian currencies (Graph 23).

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.

While there may or may not be an eventual tariff placed on importers, one thing I know for sure is that the dollar is higher since the election, especially against the yuan, and the president is no longer committed to calling China a currency manipulator.

This has been one reason why the Australian dollar has risen substantially against the US dollar while being only modestly higher against most other G10 currencies and little changed against the Japanese yen.

The data buoyed U.S. stocks and helped lift the dollar to a 5-1/2 - year high against a basket of currencies as traders brought forward bets on the timing of the first rate hike.

The dollar slipped against the other major Asian currencies on Thursday morning after it jumped to this year's new high while the Federal Reserve kept the interest rate unchanged.

This sentiment was most noticeable in currency markets, where the euro continued to move higher against many other major currencies.