The dollar rose on Friday and was poised for its third straight week of
gains against a basket of major currencies, as uncertainty over beleaguered Chinese property developer
Evergrande helped the ...
Speculators increased their net long U.S. dollar positions in the latest week, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Friday. The value of the net long dollar position rose to $14.28 billion in the week ended Sept. 21, compared with a net long of $9.99 billion the previous week.
The dollar was on track for its biggest daily percentage gain against a
basket of major currencies in a week on Friday, as uncertainty over beleaguered Chinese property developer
Evergrande helped ...
The dollar hovered above a one-week low versus major peers on Friday, taking a breather after its biggest drop in almost a month overnight, as questions lingered about the fate of property developer China Evergrande
Group (EGRNF). The yen fell to its weakest since mid-August as Treasury yields pushed to the highest since the start of July.
Sterling dipped against the dollar on Friday, losing some of its gains from a rally which followed the Bank of England taking a hawkish tone on interest rates and its pandemic-era government bond buying scheme.
The dollar hovered above a one-week low versus major peers on Friday, taking a breather after its biggest drop in almost a month overnight, as questions lingered about the fate of property developer China Evergrande
Group (EGRNF). The yen fell to its weakest since mid-August as Treasury yields pushed to the highest since the start of July.
The dollar hovered above a one-week low versus major peers on Friday, taking a breather after its biggest drop in almost a month overnight, as questions lingered about the fate of embattled property giant China
Evergrande Group (EGRNF). The yen fell to its weakest since mid-August as Treasury yields pushed to the highest since the start of July.
The dollar rose on Friday and was poised for its third straight week of gains against a basket of major currencies, as uncertainty over beleaguered Chinese property developer Evergrande helped the greenback bounce back from a sharp decline in the prior session.
* Risk sentiment improves as Evergrande contagion seen contained. * Yen sinks to two-week low, while Aussie climbs to one-week high. * Sterling, Norway crown boosted by hawkish tilt at central banks. By Kevin Buckland.
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