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Sep 12, 2014

Dollar index gains for 9th week, dollar hits six-year high vs yen

NEW YORK, Sept 12 (Reuters) – The dollar index posted its
ninth consecutive week of gains on Friday and the U.S. currency
rose to six-year highs against the yen on speculation that the
Federal Reserve may strike a more hawkish tone when it meets
next week.

A recent string of improving economic data has raised
expectations that the Fed may act sooner to raise interest
rates, a move most investors expect will begin next year.

Sep 12, 2014

Dollar index on track for best run in 17 years

NEW YORK, Sept 12 (Reuters) – The dollar was steady on
Friday at six-year highs against the yen, and the dollar index
was headed for a ninth consecutive week of gains after strong
retail sales data added to expectations that U.S. growth is
gaining steam.

U.S. retail sales rose broadly in August, which should ease
some concerns about consumer spending and support expectations
for sturdy growth in the third quarter.

Sep 12, 2014

Dollar steady after data, near six-year highs against yen

NEW YORK (Reuters) – The dollar was steady on Friday and traded near six-year highs against the yen after data showed improving U.S. retail sales in August but a drop in import prices.

The dollar index was headed for a ninth consecutive week of gains on growing expectations the U.S. Federal Reserve may act sooner to raise interest rates after a run of strong data.

Sep 11, 2014

Dollar slips, but on track for ninth week of gains

NEW YORK, Sept 11 (Reuters) – The U.S. dollar dipped from
six-year highs against the yen on Thursday, and the dollar index
fell slightly but remained on track to post its ninth
consecutive week of gains.

The greenback was slightly weaker as Treasuries yields fell
after President Barack Obama authorized airstrikes for the first
time in Syria and more strikes in Iraq.

Sep 11, 2014

Dollar weakens after jobless claims, still stronger on week

NEW YORK (Reuters) – The U.S. dollar retreated from six-year highs against the yen after data showed that more Americans filed for unemployment benefits last week, though the dollar index remained on track to post its ninth consecutive week of gains.

Initial claims for state unemployment benefits unexpectedly increased 11,000 to a seasonally adjusted 315,000 for the week ended Sept. 6, the highest level since late June, the Labor Department said on Thursday.

Sep 10, 2014

Dollar gains vs yen, euro on hawkish Fed expectations

NEW YORK, Sept 10 (Reuters) – The dollar strengthened to a
six-year high against the yen on Wednesday as U.S. Treasury
yields ground higher, while the Australian dollar sank to
six-month lows as investors unwound carry trades that have
benefited the commodity currency.

The greenback has gained on expectations that the ongoing
improvement in the U.S. economy will lead the Federal Reserve to
begin raising rates again next year, while the euro and the yen
are being weighed down by flagging economies and slow inflation
in Japan and the euro zone.

Sep 10, 2014

Dollar rallies on hawkish Fed expectations

NEW YORK (Reuters) – The dollar rose to a six-year high against the yen on Wednesday as U.S. Treasury yields ground higher, while the Australian dollar sank to six-month lows as investors unwound carry trades that have benefited the currency.

The greenback has gained on expectations that continuing improvement in the U.S. economy will lead the Federal Reserve to begin raising rates next year, while the euro and the yen are being weighed down by flagging economies and low inflation in Japan and the euro zone.

Sep 9, 2014

Dollar gains on rate rise view, euro stable after selloff

NEW YORK, Sept 9 (Reuters) – The dollar hit a 14-month peak
against a basket of currencies on Tuesday as investors bet that
the U.S. economy is growing at a pace that is likely to lead the
Federal Reserve to begin raising interest rates next year.

The U.S. currency made broad gains on Monday, boosted by
research from economists at the San Francisco Fed indicating
investors may be underestimating when the Fed is likely to hike
rates.

Sep 9, 2014

Dollar gains, euro weakens on diverging economic outlooks

NEW YORK (Reuters) – The dollar hit a 14-month peak against the euro on Tuesday, on optimism the U.S. economy is growing in line with expectations that the Federal Reserve may begin raising interest rates next year.

The U.S. currency consolidated broad gains made on Monday, when the greenback was boosted by research from economists at the San Francisco Fed indicating that investors may be underestimating when the Fed is likely to hike rates.

Sep 8, 2014

Dollar gains broadly, hits six-year high against the yen

NEW YORK, Sept 8 (Reuters) – The U.S. dollar hit a six-year
high against the yen and a more than one-year high against the
euro on Monday, posting broad gains on a day lacking any
significant data or new central bank information.

Volatility began in the afternoon with the dollar
accelerating gains against the Australian dollar and Brazilian
real before the rally extended to knock the euro and the yen out
of recent ranges.