Dollar rises on bleak outlook for U.S.-China trade talks

LONDON (Reuters) – The dollar rose on Monday as concerns grew that U.S.-China talks this week would not heal a rift over trade between the world’s largest economies. The greenback is being lifted by its safe-haven appeal as investors, worried about a sharp global economic slowdown, pile into the world’s most liquid currency. It is headed for an eighth consecutive […]

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Dollar hovers near six-week highs on fresh trade, global growth worries

SINGAPORE (Reuters) – The dollar stayed near a six-week high against a basket of currencies as fresh worries over U.S.-Sino trade tensions and global growth pushed investors toward the safety of the greenback. “U.S.-China talks are the big focus for the week and the dollar strength is indicative of the cautious market sentiment right now owing to its safe-haven status,” […]

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Dollar near six-week highs as trade, growth worries ramp up

SINGAPORE (Reuters) – The dollar rose against most other currencies on Monday, holding near a six-week high as fresh worries about U.S.-Sino trade tensions and global growth drove appetite for safe-haven assets. “U.S.-China talks are the big focus for the week and the dollar strength is indicative of the cautious market sentiment right now owing to its safe-haven status,” said […]

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Dollar gains as growth worry sparks flight to safety; Aussie weakens

SINGAPORE (Reuters) – The dollar held near a two-week high on Friday, as demand for safe-haven assets rose on uncertainties about the path of U.S.-China trade negotiations and broader worries about slowing global growth. Such concerns were brought to the fore on Thursday after the European Commission sharply cut its forecasts for euro zone economic growth this year and next […]

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FOREX-Dollar steady, unfazed by Trump address; Aussie hit by rate view shift

* Graphic: World FX rates in 2019 tmsnrt.rs/2egbfVh * Trump speech fails to produce surprises, markets little affected * Aussie tumbles after RBA chief puts rate cut back on table (Updates throughout) By Shinichi Saoshiro TOKYO, Feb 6 (Reuters) – The dollar held steady against its peers on Wednesday, showing little reaction to U.S. President Donald Trump’s State of the […]

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Dollar firm as traders eye Trump's State of the Union address

NEW YORK (Reuters) – The U.S. dollar rose against a basket of major currencies on Tuesday, as investors awaited President Donald Trump’s State of the Union address for a possible update on the U.S.-China trade war. Continued recovery in investors’ appetite for risk taking exerted pressure on safe-haven currencies, dragging the Swiss franc lower, while the Australian dollar climbed after […]

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RPT-UPDATE 1-Speculators boost net long dollar bets to largest since Dec 2015 -CFTC, Reuters

(Adds UPDATE 1 to headline) By Gertrude Chavez-Dreyfuss Feb 1 (Reuters) – Speculators lifted their net long bets on the U.S. dollar to their highest since December 2015, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday. The value of the net long dollar position was $32.48 billion in the week ended Dec. 24, 2018, […]

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Dollar drops to 2-week low vs yen on change in Fed outlook

NEW YORK (Reuters) – The dollar fell against most major currencies on Thursday, dropping to a two-week low versus the yen, pressured by the Federal Reserve’s cautious U.S. economic outlook suggesting the central bank is near the end of its tightening cycle. The Fed’s dovish stance in Wednesday’s policy statement took the market by surprise even though it has preached […]

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Rupee rises 14 paise against dollar in early trade

The rupee strengthened 14 paise to 71.19 against the dollar at the interbank forex market Thursday on increased selling of the American currency by exporters and banks. Dealers said dollar’s weakness against other currencies overseas amid fears of a slowing global economy and US government’s record-long shutdown and early gains in domestic equity markets supported the rupee. On Wednesday, the […]

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