The dollar languished near a one-month low on Friday and was poised for its worst weekly performance since May as dovish remarks by the U.S. Federal Reserve together with underwhelming economic data took the steam out of a month-long rally.
The dollar languished near a one-month low on Friday and was poised for its worst weekly performance since May as dovish remarks by the U.S. Federal Reserve together with underwhelming economic data took the steam out of a month-long rally.
* Dow Jones Index, S&P 500 hit record highs. * Dollar sluggish at 1-month low on bets of a dovish Fed. * Pan-European STOXX 600 index also at all-time high. * China shares bounce, still down sharply on week. By Koh Gui Qing.
The Canadian dollar rose to a
two-week high against its broadly weaker U.S. counterpart on
Thursday, as the Federal Reserve remained patient about reducing
stimulus and the Bank of Canada reassured ...
Most Latin American stocks and
currencies rallied on Thursday, with Brazil's real extending
gains for a fourth straight session against a dollar dented by
Federal Reserve Chair Jerome ...
* Dow Jones Index, S&P 500 hit record highs. * Dollar sluggish at 1-month low on bets of a dovish Fed. * Pan-European STOXX 600 index also at all-time high. * China shares bounce, still down sharply on week. By Koh Gui Qing.
* Dow Jones Index, S&P 500 hit record highs. * Dollar sluggish at 1-month low on bets of a dovish Fed. * Pan-European STOXX 600 index also at all-time high. * China shares bounce, still down sharply on week. By Koh Gui Qing.
Most Latin American stocks and
currencies rallied on Thursday, with Brazil's real jumping 1% to
extend gains to a fourth straight session against a dollar
dented by Federal Reserve Chair Jerome ...
* Dollar index down 0.3% * U.S. economy grows solidly in Q2 but misses forecasts. By Saqib Iqbal Ahmed and Sujata Rao. The dollar slipped to a one-month low on Thursday, a day after the U.S. Federal Reserve's reassurance that interest rate hikes remain distant helped put the brakes on the U.S. currency, which has been rallying for a month now.
The Canadian dollar touched a
two-week high against its broadly weaker U.S. counterpart on
Thursday, as the Federal Reserve remained patient about reducing
stimulus and the Bank of Canada reassured ...
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