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Euro lifted from lows on trade talk optimism

Monday,   18-Feb-2019   02:17 (IST)

The euro clawed itself back over the $1.13 mark and riskier currencies like the Australian dollar rose on Monday as optimism over a breakthrough in U.S.-China trade war talks boosted investor sentiment at the start of the week. The euro has been stuck in a tight trading range since November as broadening weakness in the euro zone economy has offset a sharp dialing back in expectations for interest rate rises by the United States Federal Reserve this year. But after hitting a three-month low on Friday, the euro has bounced back slightly - helped by the positive mood around risk assets as invest...

Dollar Edges Back as Hopes for Trade Deal Rise

Monday,   18-Feb-2019   02:13 (IST)

Foreign exchange markets got off to a slow start Monday, with trading set to remain subdued due to a sparse data calendar in Europe and public holidays in North America. The dollar has retreated sligh...

Yuan Gains, U.S. Dollar Slips on Trade Deal Prospects

Monday,   18-Feb-2019   12:01 (IST)

The Chinese yuan gained against the U.S. dollar while the greenback traded slightly lower on Monday in Asia, as the prospects of a Sino-U.S. trade deal improved investors’ appetite for riskier a...

Dollar eases as trade deal prospects bolster risk, sterling gains

Monday,   18-Feb-2019   08:49 (IST)

The dollar was marginally weaker on Monday, as increasing expectations of a U.S.-Sino trade deal led investors to shift away from the safety of the greenback into riskier assets. Both the United State...

Dollar Pushes Higher Again on Sagging Growth, Rising Uncertainty

Friday,   15-Feb-2019   02:09 (IST)

The dollar was edging higher against major European currencies early Friday in Europe after weak Chinese inflation data overnight reinforced concerns about global growth. Fears about the growth outloo...

Weak U.S. retail sales pressure dollar/yen; euro weakens

Friday,   15-Feb-2019   01:43 (IST)

The dollar edged lower versus the yen on Friday as dismal U.S. retail sales data reinforced expectations the Federal Reserve will not raise rates this year, while the market awaited developments in tr...

Dollar lower versus yen after U.S. weak retail sales

Friday,   15-Feb-2019   08:57 (IST)

The dollar weakened against the yen on Friday as dismal U.S. retail sales data reinforced expectations Federal Reserve rates will not rise this year, while investor focus shifted to trade talks betwee...

China trade data props euro above three-month lows

Thursday,   14-Feb-2019   04:17 (IST)

The euro held above a three-month low on Thursday as improved Chinese trade data and hopes of progress in China-U.S. trade talks lifted risk sentiment, with the Australian dollar leading gains by more...

Euro, Pound hit Multi-Week Lows as Dollar Remains Firm

Thursday,   14-Feb-2019   04:00 (IST)

The euro and the British pound fell to multi-week lows against the firmer U.S. dollar on Thursday as weak economic data out of the euro zone and concerns over Brexit weighed. EUR/USD dipped 0.1% to 1....

Euro struggles on weak data, dollar holds firm

Thursday,   14-Feb-2019   08:54 (IST)

The dollar held near 3-month highs against the euro on Thursday, benefiting from sustained strength in core U.S. inflation and weak data out of Europe. Although headline U.S. inflation growth logged i...