Sentences with phrase «rate against the currencies»

Not exact matches

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.

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.

NEW YORK, May 2 - U.S. stocks fell on Wednesday as investors digested a statement from the Federal Reserve, which left interest rates steady and said inflation had «moved close» to its target, while the dollar climbed late against a basket of currencies.

One is the exchange rate of the dollar against various currencies.

For this week's Trader Poll, tell us which of these currencies would hit a one - to - one exchange rate against the dollar.

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.

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.

Russia's sovereign credit rating was recently downgraded by ratings agency Moody's, while its currency slumped to record lows against the greenback amid ongoing incursions in Ukraine and the risk of harsher sanctions from the West.

And the dollar is also up against currencies from South Africa (another commodity proxy) to Indonesia (which cut interest rates earlier and suffered a terror attack), Turkey (more terror attacks and political instability) and the U.K. (fears over it exiting the European Union).

Iran's government has fixed the exchange rate of the national currency, after it lost 20 % against the dollar in two weeks.

The dollar has also made fresh advances against the offshore Chinese yuan (the rate that isn't as tightly controlled by the People's Bank of China), indicating a fresh wave of speculation against the Chinese currency.

NEW YORK, Feb 5 - The dollar rose against a basket of currencies on Monday as the U.S. bond market selloff levelled off after the 10 - year yield hit a four - year peak on worries that the Federal Reserve might raise interest rates faster to counter signs of wage pressure.

Thanks to their country's managed currency rates, Venezuelans are now pulling off epic scams as the value of the dollar spikes against the bolivar on the black market, Reuters» Girish Gupta and Andrew Cawthorne report.

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.

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.

In April however the single currency has fallen rapidly to a four - month low against the dollar, with the greenback buoyed by the U.S. Treasury yields topping three percent and expectations the Federal Reserve will further raise interest rates.

Because most wealthy Chinese seem to think about RMB in terms of USD or Hong Kong dollars, it is the fear that any depreciation of the RMB against those two currencies (the Hong Kong dollar is pegged to the USD through a modified currency board) greater than the couple of percentage points interest rate differential would yield less than equivalent USD or Hong Kong dollar bonds.

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 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.

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.

The US dollar has declined more than 10 % against major currencies this year — despite two rate hikes and the Fed's announcement that it plans to reduce its massive balance sheet.

The effect was to depress the value of foreign currencies against the dollar, supporting its exchange rate and hence the U.S. terms of trade.

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.

This kind of money has been made by speculating on Brazilian, Indian and Chinese securities and those of other countries whose exchange rates have been forced up by credit - flight out of the dollar, which has fallen by 7 % against a basket of currencies since early September when the Federal Reserve floated the prospect of quantitative easing.

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 if China manages to maintain the RMB / $ rate, the currency of the new reserve provider will appreciate against the $.

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.

The U.S. dollar appreciated significantly in anticipation of steady economic growth and rising interest rates in 2014 and 2015, returning 12.8 % and 9.3 % (respectively) against a trade - weighted basket of international currencies.

Accordingly, fluctuations in foreign currency exchange rates, most notably the strengthening of the U.S. dollar against the

These opposing moves unsettled exchange rates, with the dollar appreciating 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 dollar fell a cent against the U.S. currency as traders realized the odds of another interest - rate increase this year had become remote.

The policy framework of the MAS is focused on managing the Singapore dollar's nominal effective exchange rate (NEER), or the trade - weighted exchange rate, against an undisclosed basket of currencies, rather than interest rates.

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.

Current account deficits of many Asian countries are also in surplus and currencies are broadly stable, providing a solid buffer against increases in US rates.

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.

Using the European Currency Unit (the precursor to the euro) as a proxy, the bilateral exchange rate against the euro area was the lowest since 1992, when it reached the equivalent of 1.45.

Most of the Asian economies with freely floating currencies have experienced some exchange rate falls against the US dollar in recent months.

In particular, the Australian dollar fell to around US63 cents by late August as investors moved out of the currency into the rapidly appreciating yen; the bilateral rate against the yen fell from 82 to 70 yen over the same period.

As such, the fall in the Australian dollar's rate against the latter currency again became more pronounced than the fall in the trade - weighted index.

As a direct consequence of the rate hike, national financial markets saw an immediate boost, leaving the Mexican currency as the best - performing currency against the US dollar in 2017.

In China, the People's Bank of China set the set the reference rate for the yuan against the dollar, the mid-point from which the currency is allowed to trade, at 6.3732 versus the previous day's 6.3670.

But the amount going out in the past several weeks was obviously large enough to depress the value of the local currency against the US dollar to which it is pegged under the linked exchange rate system.

In some ways, Bitcoin is just another currency: it has an exchange rate against other currencies, it can be bought, sold and it can be used to pay for things online.

NEW YORK U.S. stocks fell on Wednesday as investors digested a statement from the Federal Reserve, which left interest rates steady and said inflation had «moved close» to its target, while the dollar climbed late against a basket of currencies.

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 --

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.

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.

Our exchange rate against the US dollar and the currencies of most of our trading partners has shown little net change over the past year, and the rise in the trade - weighted index in recent months has been due mainly to the weakness being experienced by the Japanese yen.

More generally, the exchange rate has been steady, or has fallen, against the currencies of countries accounting for two - thirds of Australia's trade.