The dollar held above three-year
lows versus major peers on Thursday as expectations for
President-elect Joe Biden's fiscal stimulus pushed yields of
U.S. government bonds higher.
Oil prices edged higher on Thursday, boosted by a weak dollar and bullish signals from Chinese import data but pressured by renewed worries about global oil demand due to surging coronavirus cases in Europe and new lockdowns in China. Brent crude oil futures rose 36 cents, or 0.6%, to settle at $56.42 a barrel.
The dollar extended its rebound
from near three-year lows versus major peers on Thursday,
supported by higher U.S. yields, as President-elect Joe Biden
prepared to outline his plans for massive ...
* Dollar index trades higher. * Sterling gains against euro. By Saqib Iqbal Ahmed. The U.S. dollar on Wednesday resumed its rebound from near three-week lows, rising broadly on hopes of higher government spending by President-elect Joe Biden's incoming administration and an ongoing economic recovery from the coronavirus crisis.
* U.S. 10-year yield down after seven sessions higher. * Oil falls on demand concern despite U.S. inventory dip. * Global asset performance http://tmsnrt.rs/2yaDPgn. * World FX rates http://tmsnrt.rs/2egbfVh. By Rodrigo Campos.
* Dollar index trades higher. * Sterling gains on euro. By Saqib Iqbal Ahmed. The U.S. dollar advanced across the board on Wednesday, shaking off the weakness of the previous session, as it continued its recent rebound from last week's near three-year low.
The zloty eased on
Wednesday after the Polish central bank expectedly left interest
rates unchanged at 0.1% and said it could intervene in the FX
market to strengthen the impact of monetary easing.
The Canadian dollar weakened
against its U.S. counterpart on Wednesday as oil, one of
Canada's major exports, pulled back from an earlier 11-month
high and the greenback broadly climbed.
Latin American currencies were mostly
muted on Wednesday, with Chile's peso tumbling for the third
straight session as steadying U.S. Treasury yields helped
support the dollar.
The peso ...
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