Daniel's Feed
Jan 21, 2014

Dollar rally fades but view on Fed taper intact

NEW YORK, Jan 21 (Reuters) – The dollar’s early rally on
Tuesday, which was sparked by a rise in U.S. Treasury yields on
speculation the Federal Reserve would further reduce its
bond-buying stimulus, ran out of steam for lack of
follow-through buying, analysts said.

However, the overall trend for a stronger dollar is backed
by improving economic fundamentals and generally higher interest
rates.

Jan 21, 2014

Forex-Dollar up on Fed taper view, Canadian dollar sinks to 4-year low

NEW YORK (Reuters) – The dollar strengthened on Tuesday in tandem with U.S. Treasury yields, which rose on speculation the Federal Reserve would soon reduce its bond-buying stimulus further.

Developed market currencies were given a boost after the International Monetary Fund raised its global economic growth forecast to 3.7 percent in 2014 from 3.6 percent in October, its first increase in estimates in near two years.

Jan 21, 2014

Dollar up on Fed taper view, Canadian dollar sinks to four-year low

NEW YORK (Reuters) – The dollar strengthened on Tuesday in tandem with U.S. Treasury yields, which rose on speculation the Federal Reserve would soon reduce its bond-buying stimulus further.

Developed market currencies were given a boost after the International Monetary Fund raised its global economic growth forecast to 3.7 percent in 2014 from 3.6 percent in October, its first increase in estimates in near two years.

Jan 21, 2014
Jan 21, 2014
Jan 21, 2014
Jan 21, 2014
Jan 18, 2014
Jan 18, 2014
Jan 18, 2014
    • About Daniel

      "I'm a New York-based global investment correspondent with over 20 years of experience covering financial markets, business and foreign policy. My current post lets me roam across all asset classes and geography, from the developed to the emerging markets. I've reported and taught business and economic journalism from Asia, Europe, Latin America and the United States. Prior to joining Reuters I was a producer at CNN Business News in New York."
      Joined Reuters:
      1997
    • More from Daniel

    • Contact Daniel

    • Follow Daniel