The data contributed to the sentiment that inflation is picking up and higher interest rates are on the horizon, said Jeff Kravetz, regional investment director at U.S.
moreOil prices fell on Friday as the stock market slumped on concerns about rising interest rates and as the U.S. dollar firmed up following a strong U.S.
more| 27 Nov 2017 14:37 | South China Morning Post |
Gold futures climbed above US$1,300 an ounce for the first time in six weeks as the dollar wavered and investors braced for an onslaught of economic data and political news.
more| 19 Nov 2017 21:56 | Economic Times |
The rupee on Monday opened 3 paise up at 64.98 against dollar on account of selling of American currency by banks and exporters. The local currency on Friday settled at 65.01 against the US dollar after Moody's upgraded the country's sovereign rating.
more| 19 Nov 2017 21:56 | Kitco News |
The biggest problem in case of the U.S. dollar for Eliseo is the store of value. “The USD, and indeed all fiat currencies, does a horrible job, with the USD having lost the better part of 95% of its purchasing power in the last 100 years, according to ...
more| 19 Nov 2017 21:53 | Livemint |
Mumbai: The Indian rupee on Monday opened higher, but soon erased all of its gains and was trading marginally lower against the US dollar. At 11.14am, the home currency was trading at 65.09, down 0.12% from its previous close of 65.02. It opened at ...
more| 07 Nov 2017 07:52 | Business Insider |
Later on Tuesday, we will hear from two Federal Reserve policy makers: outgoing Chair Janet Yellen and Randal Quarles, who recently joined the Board of Governors.
moreThe dollar rose half a percent to 94.145 against a broad trade-weighted basket of its peers, holding a touch below a 3-1/2 month high of 95.150 hit last week.
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