The dollar was pinned near a
one-month low to major peers on Monday, with Treasury yields
hovering near the lowest in five weeks, after the U.S. Federal
Reserve reiterated its view that any spike in ...
The dollar slumped to a six-week low against other major currencies on Monday as markets sorted out the plunge in U.S. Treasury yields last week after the Federal Reserve reiterated that any spike in inflation is likely to be temporary. Improved risk sentiment shown by the recent rally in global stocks to record highs also weighed on the greenback.
The dollar was pinned near a
one-month low to major peers on Monday, with Treasury yields
hovering near the lowest in five weeks, after the U.S. Federal
Reserve reiterated its view that any spike in ...
Taiwan has never sought to use foreign exchange rates to gain an unfair trade advantage, the central bank said on Sunday, after the U.S. Treasury said Taiwan tripped thresholds for possible currency manipulation under a 2015 U.S. trade law.
Taiwan has never sought to use foreign exchange rates to gain an unfair trade advantage, the central bank said on Sunday, after the U.S. Treasury said Taiwan tripped thresholds for possible currency manipulation under a 2015 U.S. trade law.
Vietnam's foreign ministry said on Saturday it welcomed the U.S. Treasury's move on Friday to refrain from formally branding the country a currency manipulator. "Vietnam will maintain dialogues and consultancy with the U.S. over this issue," the ministry said in a statement.
The U.S. Treasury Department on Friday said Vietnam, Switzerland and Taiwan tripped its thresholds for possible currency manipulation under a 2015 U.S. trade law, but refrained from formally branding them as manipulators.
* MSCI's all-country world index up 0.4% * MSCI, Dow, S&P 500, STOXX 600 hit records. * China Q1 GDP grows record 18.3% * Global asset performance http://tmsnrt.rs/2yaDPgn. * World FX rates http://tmsnrt.rs/2egbfVh. By Herbert Lash and Simon Jessop.
The Canadian dollar
strengthened against its U.S. counterpart on Friday as investors
embraced risk and awaited both a federal budget and a Bank of
Canada interest rate decision next week.
U.S. dollar net short positioning fell in the latest week to the lowest level since June 2018, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday. The value of the net short dollar position dropped to $6.088 billion in the week ended April 13, from $6.103 billion the previous week.
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