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U.S. Dollar Inches Up Ahead of Fed; Tariff News in Focus

Wednesday,   11-Dec-2019   10:45 (IST)

The U.S. dollar inched up on Wednesday in Asia as traders awaited news on the Federal Reserve meetings and Sino-U.S. trade news. The U.S. Dollar Index last traded at 97.485 by 11:46 PM ET (03:46 GMT), up 0.1%. The Federal Reserve decides on interest rates on Wednesday, followed by a press briefing from Chairman Jerome Powell. The Fed’s Open Market Committee is expected to keep interest rates on hold later in the day. Sino-U.S. trade news returned to focus today, as the Wall Street Journal and Bloomberg cited sources and said the U.S. might delay a planned tariff on Chinese goods. However...

Pound slips on UK poll projections, dollar eyes Fed

Wednesday,   11-Dec-2019   09:18 (IST)

The British pound slipped early on Wednesday after a poll showed a narrowing lead for Prime Minister Boris Johnson’s Conservative Party in an election later in the week, while U.S. dollar moveme...

Euro steady ahead of Fed, ECB meetings and expected U.S. tariffs

Tuesday,   10-Dec-2019   02:43 (IST)

The euro was little changed versus the dollar on Tuesday as investors were wary of a looming deadline for U.S. tariffs on China, the British election and upcoming Federal Reserve and European Central ...

U.S. Dollar Unmoved Ahead of Fed Meetings, Looming Tariff Deadline

Tuesday,   10-Dec-2019   11:50 (IST)

The U.S. dollar was unmoved on Tuesday in Asia ahead of central bank meetings and a looming tariff deadline later this week. The U.S. dollar index that tracks a basket of other currencies was unchange...

Dollar steadies as investors brace for key risk events

Tuesday,   10-Dec-2019   08:55 (IST)

The dollar and yen held the safe-haven high ground on Tuesday, with investors on edge ahead of a looming tariff deadline, the UK election and upcoming central bank meetings in Europe and the United St...

Dollar holds ground as central bank meetings loom, pound jumps

Monday,   09-Dec-2019   03:46 (IST)

The dollar held its ground on Monday thanks to last week’s stronger-than-expected jobs data, although worries about U.S./China trade talks kept gains in check, while Britain’s pound jumped...

Sterling Hits 31-Month Highs, Dollar Dips

Monday,   09-Dec-2019   03:36 (IST)

The British pound hit 31-month highs against the euro on Monday and hit seven-month highs against the U.S. dollar amid growing confidence about a Conservative Party victory in Thursday’s U.K. el...

Most Asian currencies range-bound, focus on new U.S. tariff deadline

Monday,   09-Dec-2019   12:38 (IST)

Most Asian currencies remained range-bound on Monday, as investors awaited trade talk developments ahead of the scheduled implementation of new tariffs by the United States on Chinese imports. The Uni...

Dollar bolstered by U.S. jobs data, markets look to trade talks

Monday,   09-Dec-2019   09:03 (IST)

The dollar held firm on Monday after data showed surprise strength in the U.S. jobs market, but the currency was restrained from moving higher by worries about an escalation in the U.S.-China trade wa...

Euro steady as U.S. dollar set for worst week since October

Friday,   06-Dec-2019   04:22 (IST)

The euro was steady against the dollar on Friday, though the greenback was headed for its worst week since mid-October, dragged down by nervousness around U.S.-China trade relations and hints of weakn...