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Posts Tagged: 'week'

12Mar
 
Politics to centre stage yet again, this time in Japan. Weekend news that the finance ministry forged documents relating to a 2016 school land sale was confirmed in the Diet Monday,. The yen strengthened in the very, very early trade (NZ time), only to lose the gains into early Tokyo...
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27Feb
 
The dollars index against a basket of six major currencies fell 0.1 percent to 89.728 (DXY). The greenback, however, is still 1.7 percent above a three-year trough near 88.25 set on Feb. The focus this week is Powells first congressional testimony, at a time when investors are nervous over the pace...
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22Feb
 
The dollar inched up to a 10-day high on Thursday, after minutes from the U.S. Federal Reserves January meeting showed policymakers confident in rising inflation and the need for interest rates to keep increasing. What was widely interpreted as a slightly more upbeat tone in the minutes of the Jan 30-31...
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20Feb
 
Oil markets were split on Tuesday, with U.S. crude still carrying momentum from Fridays gains due to a holiday on Monday while international Brent prices eased. U.S. West Texas Intermediate (WTI) crude futures were at $62.31 a barrel at 0740 GMT, up 63 cents, or 1 percent, from their last settlement. A...
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19Feb
 
The dollar enjoyed a small rebound on Monday as investors bought back the greenback following its plunge to three-year lows. The U.S. currency has been hurt by a variety of factors this year, including concerns that Washington might pursue a weak dollar strategy and the perceived erosion of its yield advantage...
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08Feb
 
The Australian and New Zealand dollars were both hovering at one-month lows against their U.S. counterpart on Thursday, after the Reserve Bank of New Zealand left interest rates unchanged and as demand for the greenback remained broadly supported. AUD/USD was little changed at 0.7818, the lowest since January 10. The greenback was...
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05Feb
 
The dollar steadied on Monday after rallying on upbeat U.S. jobs data, which sent bond yields surging on the prospects of increasing inflation and hammered equities. The dollar index against a basket of six major currencies stood little changed at 89.127 after gaining 0.6 percent on Friday, when the U.S. payrolls...
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02Feb
 
Bitcoin fell 9 percent on Friday, leaving the best-known cryptocurrency down more than 30 percent this week and headed for its worst weekly performance since April 2013. The cryptocurrency dropped to as low as $8,155 at 0915 GMT on the Luxembourg-based bitstamp exchange amid a broader rout in the market. Other...
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30Jan
 
The dollar held above a recent three-year low against a basket of major currencies on Tuesday, with traders turning their attention to U.S. President Donald Trumps State of the Union speech and a Federal Reserve policy meeting for catalysts. The dollar rose 0.1 percent against a basket of six major currencies...
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23Jan
 
The US government shutdown has come to an end after a temporary funding bill was passed by lawmakers and signed by Donald Trump late last night. The bill guarantees federal government funding until 8 February, in the hope that Congress can reach a longer-term budget agreement in the meantime the BBC...
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