HONG KONG (Reuters) – The dollar strengthened through key resistance levels on Wednesday, propelled by better-than-expected U.S. retail data, although the upbeat news was not enough to lift Asian shares, which were dragged by worries
Read moreHome »
Dollar eases, yuan at 5-month high as Biden-Xi talks sound friendly
SYDNEY (Reuters) – The dollar eased broadly against riskier currencies and the yuan scaled a five-month high on Tuesday, as talks between U.S. and Chinese leaders seemed to have an amicable start, while traders awaited
Read moreDollar hits 16-month high as inflation fears set it up for best week since June
TOKYO (Reuters) – The U.S. dollar headed for its best week in almost five months against major peers on Friday, amid bets for earlier Federal Reserve interest rate hikes after data this week showed the
Read moreDollar climbs as U.S. inflation surge fuels rate hike speculation
LONDON/NEW YORK (Reuters) – The dollar index jumped sharply on Wednesday, with the euro hitting a 16-month low against the greenback, after U.S. consumer prices surged to their highest rate since 1990, fueling speculation that
Read moreU.S. stock futures down, dollar up after inflation data
LONDON (Reuters) – U.S. stock index futures extended losses on Wednesday and the dollar built on earlier gains as higher-than-expected U.S. inflation data raised bets of monetary tightening.Slideshow ( 3 images )The U.S. consumer price
Read moreAsia stocks relieved by payrolls, inflation test looms
SYDNEY (Reuters) – Asian shares edged up on Monday as risk assets basked in the glow of the upbeat October payrolls report, though caution was warranted ahead of a reading on U.S. inflation that could
Read moreChina holds back Asian shares, dollar stands tall
HONG KONG (Reuters) – Chinese markets dragged on Asian shares on Friday as they failed to latch on to a global record-setting rally after a week in which central banks around the world refrained from
Read moreGlobal shares linger at peaks ahead of Fed move
HONG KONG (Reuters) – Global shares hovered at record highs while currency markets and U.S. Treasuries were steady on Wednesday, as investors looked to the expected winding down of pandemic-era monetary stimulus in the world’s
Read moreEuropean shares stumble as investors focus on earnings and Fed
LONDON (Reuters) – World shares held just under record highs while European indexes edged lower on Tuesday, as investors focused on earnings and the Federal Reserve’s two-day meeting which ends on Wednesday.FILE PHOTO: The German
Read moreAsian shares mixed as investors await crucial Fed decision
SYDNEY (Reuters) – Global shares idled just below record highs on Tuesday and currencies held tight ranges as nervous investors awaited the Federal Reserve’s policy meeting, one of several central bank decisions this week that
Read more