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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.
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By Joseph Ciolli, Bloomberg |
August 6, 2013
The euro traded at almost a seven-week high against the dollar after a report showed Germany’s factory orders rebounded in June more than economists forecast, adding to signs the region is recovering.
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By Joseph Ciolli, Bloomberg |
July 18, 2013
The dollar gained vs. most major peers amid speculation Federal Reserve Chairman Ben S. Bernanke will reduce the central bank’s monetary stimulus program as the economy gains.
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By Joseph Ciolli, Bloomberg |
June 25, 2013
The dollar rose against the euro for a fifth day after the U.S. reported stronger-than-forecast economic data, spurring speculation the Federal Reserve will reduce bond purchases.
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By Joseph Ciolli, Bloomberg |
April 5, 2013
The dollar declined to the lowest level in more than a week against the euro after U.S. employers added fewer jobs in March than forecast, fueling speculation growth in the world’s biggest economy is slowing.
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By Joseph Ciolli, Bloomberg |
April 2, 2013
The euro fell versus the majority of its 16 most-traded peers as a report showed unemployment in the 17-nation currency bloc climbed to a record in February, adding to concern the economy will struggle to emerge from recession.
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By Joseph Ciolli, Bloomberg |
March 18, 2013
The euro slid the most in 14 months against the dollar after a proposed levy on bank deposits in Cyprus threatened to worsen the European debt crisis.
