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 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.
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.
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.
After years of trading near decade
lows, the greenback rocketed 25 %
against major world
currencies.
U.S. Dollar Falls to 15 Month
Low against Basket of Major Currencies The U.S. Dollar fell to a 15 month low against a basket of currencies on Tuesday as concerns about debt issues in Dubai subsided, leading to increased demand for higher yielding currenci
Low against Basket of
Major Currencies The U.S. Dollar fell to a 15 month low against a basket of currencies on Tuesday as concerns about debt issues in Dubai subsided, leading to increased demand for higher yielding c
Currencies The U.S. Dollar fell to a 15 month
low against a basket of currencies on Tuesday as concerns about debt issues in Dubai subsided, leading to increased demand for higher yielding currenci
low against a basket of
currencies on Tuesday as concerns about debt issues in Dubai subsided, leading to increased demand for higher yielding c
currencies on Tuesday as concerns about debt issues in Dubai subsided, leading to increased demand for higher yielding
currenciescurrencies.
The Australian dollar has fallen to a new four month
low as the US dollar rallies
against most
major currencies after US Treasury bonds broke the three per cent mark.
The PowerShares DB US Dollar Index Bullish Fund (UUP), which tracks the U.S. dollar
against six
major world
currencies, has declined nearly 10 % since Jan. 1 to reach its
lowest point since 2014.
Sure enough, the Greenback surged higher
against its
major peers, but the
currency is still just slightly off its 2 - yesr
lows against the Euro, so there is ample room for a correction without endangering the underlying trend.