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By Andrea Wong, Bloomberg |
February 26, 2014
The U.S. currency strengthened vs. most of its 16 major peers as the housing reports comes at a time when a harsh winter has weighed on economic-growth early this year.
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By Andrea Wong, Bloomberg |
January 16, 2014
The dollar fell against the yen after government data showed U.S. consumer prices remained below the Federal Reserve’s 2% target, reaffirming the central bank’s pledge to keep rates record low.
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By John Detrixhe and Andrea Wong, Bloomberg |
December 18, 2013
The dollar rose to a five-year high versus the yen after the Federal Reserve officials voted to reduce monthly asset purchases that are seen as debasing the U.S. currency amid signs that economic growth is strengthening.
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By John Detrixhe, Bloomberg |
November 13, 2013
The dollar fell the most in three weeks as Federal Reserve chairman nominee Janet Yellen said the economy must improve before monetary stimulus can be trimmed.
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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 and Lucy Meakin, Bloomberg |
July 19, 2013
The dollar weakened against most of its major peers after Federal Reserve Chairman Ben S. Bernanke damped speculation that a reduction of U.S. monetary stimulus was imminent.
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By Joseph Ciolli and John Detrixhe, Bloomberg |
March 8, 2013
The dollar gained versus the yen to the highest level since 2009 as U.S. employers added more jobs than forecast last month, boosting optimism the economy is withstanding higher taxes and lower government spending.
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By Joseph Ciolli and David Goodman, Bloomberg |
September 13, 2012
The dollar fell to the weakest in seven months versus the yen amid speculation the Federal Reserve will announce bond buying to bolster the economy in a program of quantitative easing that tends to debase the currency.
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By John Detrixhe and Joseph Ciolli, Bloomberg |
August 16, 2012
The euro strengthened against all of but one of its most-traded counterparts as German Chancellor Angela Merkel reiterated her commitment to working with the European Central Bank to resolve the region’s financial turmoil.
