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By Joseph Ciolli, Bloomberg |
February 12, 2014
The 18-nation currency slid vs. most of its peers after ECB Executive Board member Benoit Coeure said the central bank is “very seriously” considering negative deposit rates.
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By Joseph Ciolli, Bloomberg |
January 21, 2014
The dollar declined from a four-month high amid Treasury yields at an almost six-week low before the Federal Reserve meets next week to determine whether to continue scaling back stimulus.
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By Joseph Ciolli, Bloomberg |
January 3, 2014
The yen and Australian dollar, the two worst-performing major currencies last year, headed for the biggest weekly increases in at least two months on speculation their recent declines were too rapid.
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By Joseph Ciolli, Bloomberg |
December 13, 2013
The yen rose from a five-year low versus the dollar amid speculation on the timing of a cut in the Federal Reserve’s $85 billion of monthly bond purchases.
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By Joseph Ciolli, Bloomberg |
December 12, 2013
The dollar rose for a second day after retail sales gained more than forecast last month, adding to speculation the Federal Reserve will move to trim its $85 billion of monthly asset purchases at a meeting next week.
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By Joseph Ciolli, Bloomberg |
December 11, 2013
The yen strengthened from almost a six-month low against the dollar as a decline in global equities spurred demand for the currency as a haven amid speculation its recent drop has been too rapid.
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By Joseph Ciolli, Bloomberg |
November 20, 2013
The dollar extended gains after Federal Reserve officials said they might reduce their $85 billion in monthly bond purchases “in coming months” as the economy improves, minutes of their last meeting show.
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By Joseph Ciolli, Bloomberg |
October 21, 2013
The euro is staking its claim as an alternative to the dollar on concern the world’s largest economy is destined to suffer fiscal upheavals every few months.
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By Joseph Ciolli, Bloomberg |
September 18, 2013
The dollar declined to almost a three-month low as the Federal Reserve announced it will refrain from reducing its $85 billion in monthly bond purchases and keep pumping money into the U.S. economy in an attempt to boost growth.
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By Joseph Ciolli, Bloomberg |
August 8, 2013
The Dollar Index is setting the stage for a rally after falling to its lowest level since mid-June as traders position themselves for a stronger currency.
