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 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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Dollar near three-week high as central banks eyed

LONDON (Reuters) – The dollar held near a three-week high on Wednesday after the Bank of Japan left monetary policy unchanged, boosting risk appetite and sending the yen lower. With Tokyo sounding a cautious note on the outlook for global growth, attention shifted to the European Central Bank, which meets on Thursday. Markets expect it to acknowledge growing threats to […]

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Dollar set for biggest weekly drop in 7 months

LONDON (Reuters) – The dollar weakened against most of its rivals on Friday, barring the British currency, as stronger equity markets and rising bond yields fueled a rush to buy riskier assets. With trade war concerns receding in the background and emerging market central banks led by Turkey taking measures to stabilize their currencies, investors pushed the euro to the […]

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Dollar stuck near seven-week low as trade war worries fade

LONDON (Reuters) – The dollar hovered near a seven-week low against a basket of major currencies on Thursday, its safe-haven appeal lessened by fading fears about a trade row between China and the United States. After a knee-jerk reaction to new tariffs announced by Washington and Beijing on Tuesday, currency markets are settling down and expecting the fallout will take […]

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Dollar stands tall as trade war concerns hit rivals

LONDON (Reuters) – The dollar advanced across the board on Tuesday, rising more than a quarter of a percent against its rivals, as concerns about a likely escalation in trade conflict between the United States and China prompted investors to buy the greenback. A U.S. Dollar note is seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration The public […]

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Dollar near one-week highs with risk appetite fragile

LONDON (Reuters) – The dollar held near a one-week high on Monday amid concern about global trade after U.S.-Canada trade negotiations reached an impasse. FILE PHOTO: A woman counts U.S. dollar bills at her home in Buenos Aires, Argentina August 28, 2018. REUTERS/Marcos Brindicci/File PhotoTraders aggressively bought the dollar against the British pound GBP=D3 and the Canadian dollar CAD=D3. The […]

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