Welcome Guest! | World Time






New York


Dollar wallows near one-week low as Fed's policy signal awaited

Wednesday,   19-Dec-2018   09:06 (IST)

The dollar languished close to one-week lows on Wednesday as investors wagered the Federal Reserve would slow the pace of U.S. monetary tightening after its keenly-watched policy meeting later in the day.The safe-haven yen and the Swiss franc held a firm tone in early Asian trade as an overnight plunge in oil prices provided yet another reminder of the deteriorating global growth prospects, and underscored why traders expect the Fed will likely be done after an expected rate hike this week.The yen and the Swiss franc were well bid at 112.37 and 0.9916 respectively, after posting three consecut...

Euro rises as dollar wilts before expected Fed caution

Tuesday,   18-Dec-2018   03:27 (IST)

The euro rose on Tuesday as the dollar weakened, with investors betting that growth concerns will prompt the Federal Reserve to slow its pace of interest rate hikes at this week's meeting.A rout o...

Dollar on back foot before Fed, markets eye policy outlook

Tuesday,   18-Dec-2018   09:03 (IST)

The dollar remained under pressure on Tuesday as markets counted down to a crucial Federal Reserve meeting amid speculation it will soon hit the pause button to its monetary tightening cycle in the fa...

Dollar index near 18-month high on safe-haven bid amid global growth worries

Monday,   17-Dec-2018   04:03 (IST)

The dollar held near a 18-month high on Monday, bolstered by safe-haven buying as heightened concerns of a global economic slowdown reduced appetites for riskier assets such as stocks and Asian curren...

Safe haven support keeps dollar near 19-month high on growth risks

Monday,   17-Dec-2018   08:53 (IST)

The dollar held near a 19-month high on Monday, bolstered by safe-haven buying as heightened concerns of a global economic slowdown reduced appetite for riskier assets such as stocks and Asian currenc...

Dollar firmer as investor focus shifts to Fed

Friday,   14-Dec-2018   08:52 (IST)

The dollar firmed against most major counterparts on Friday as investor focus shifted to an expected U.S. interest rate hike next week, although gains are likely to be capped on greater uncertainty ab...

Swiss National Bank keep expansive policy, cuts inflation view

Thursday,   13-Dec-2018   04:02 (IST)

The Swiss National Bank kept its ultra-loose monetary policy in place on Thursday, citing the "fragile" exchange rate situation as a reason to maintain its expansive course into its fourth y...

Pound, Euro Climb with Brexit, ECB Meeting in Focus

Thursday,   13-Dec-2018   03:55 (IST)

The British pound and euro both edged higher on Thursday, as investors kept their focus on Brexit developments and the European Central Bank's final policy meeting of the year.The pound was on the...

Pound holds most gains after PM May survives vote but Brexit still in peril

Thursday,   13-Dec-2018   09:00 (IST)

The pound largely held onto overnight gains on Thursday after British Prime Minister Theresa May pulled through a no-confidence vote on her leadership that bought her more time to try to sell her unpo...

Pound Traders Are Betting on May to Survive

Wednesday,   12-Dec-2018   05:01 (IST)

The pound rallied as the market judged U.K. Prime Minister Theresa May may survive a threat to her leadership launched Wednesday.Sterling recovered from a 20-month low and gilts fell after May said sh...