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Jul 23, 2014

U.S. dollar edges higher against euro; Aussie dollar gains

NEW YORK, July 23 (Reuters) – The U.S. dollar rose to
eight-month highs against the euro on Wednesday as worries over
tougher sanctions on Russia and their potential impact on
fragile euro zone growth weighed on the single currency.

The dollar could only post modest gains, however, as
attempts to push the euro below a key technical level at
$1.3450 failed.

Jul 23, 2014

U.S. dollar holds near eight-month highs against euro

NEW YORK (Reuters) – The U.S. dollar held near eight–month highs against the euro on Wednesday as worries over tougher sanctions on Russia and their potential impact on fragile euro zone growth weighed on the single currency.

The dollar broke above technical resistance against the euro on Tuesday after U.S. inflation data showed that prices were increasing, but that inflation was not fast enough to make the Federal Reserve more likely to increase interest rates at a faster pace.

Jul 23, 2014

US dollar holds near 8-month highs against euro

NEW YORK, July 23 (Reuters) – The U.S. dollar held near
eight-month highs against the euro on Wednesday as worries over
tougher sanctions on Russia and their potential impact on
fragile euro zone growth weighed on the single currency.

The dollar broke above technical resistance against the euro
on Tuesday after U.S. inflation data showed that prices were
increasing, but that inflation was not fast enough to make the
Federal Reserve more likely to increase interest rates at a
faster pace.

Jul 9, 2014

Dollar weakens against euro, yen as Fed remains dovish

NEW YORK, July 9 (Reuters) – The U.S. dollar weakened
against the euro and the yen on Wednesday after the Federal
Reserve’s June meeting minutes kept a dovish tone in a statement
that was devoid of any large surprises.

The Fed has begun detailing how it plans to ease the U.S.
economy out of an era of loose monetary policy, indicating it
will end its asset purchases in October and appearing near
agreement on a plan to manage interest rates, according to the
minutes.

Jul 9, 2014

Dollar dips as Treasuries pare losses, before Fed minutes

NEW YORK (Reuters) – The U.S. dollar fell against the euro on Wednesday as investors awaited the release of minutes from the Federal Reserve’s June meeting for any indications of how soon the U.S. central bank will raise interest rates.

The dollar has struggled to break above relatively tight ranges against the euro and the Japanese yen as investors look for stronger signals that the economy is gaining enough momentum for the Fed to begin increasing interest rates.

Jul 9, 2014

Dollar gains ahead of release of Fed meeting minutes

NEW YORK, July 9 (Reuters) – The U.S. dollar rose slightly
against most major currencies on Wednesday as investors awaited
the release of minutes from the Federal Reserve’s June meeting
for any indications of how soon the U.S. central bank will
increase interest rates.

The dollar has struggled to break above relatively tight
ranges against the euro and the Japanese yen as Treasuries
yields fall, as investors look for stronger signals that the
economy is gaining enough momentum for the Fed to begin raising
interest rates.

Jul 8, 2014

Falling U.S. Treasury yields send dollar lower against yen

NEW YORK, July 8 (Reuters) – The U.S. dollar fell against
the Japanese yen on Tuesday as yields on long-dated Treasuries
dropped for a second day, with investors wary of stocks heading
into the U.S. corporate earnings season.

The dollar has erased the gains it made against the yen on a
U.S. employment report last Thursday that showed the U.S.
economy continuing to gain strength. It has stabilized at
two-week highs against the euro.

Jul 8, 2014

Dollar drops against yen on U.S. earnings-season jitters

NEW YORK, July 8 (Reuters) – The U.S. dollar fell against
the Japanese yen on Tuesday as long-dated Treasuries yields
dropped for a second day, with investors wary about stocks
heading into the U.S. corporate earnings season.

The dollar has erased the gains it made against the yen on a
strong U.S. employment report last Thursday that showed the U.S.
economy continuing to gain strength. It has stabilized at
two-week highs against the euro.

Jul 8, 2014

Dollar slips against yen on earnings-season jitters

NEW YORK, July 8 (Reuters) – The U.S. dollar fell against
the Japanese yen on Tuesday as long-dated Treasuries yields
dropped for a second day, with investors wary about riskier
assets, including stocks, heading into the U.S. earnings season.

The dollar has erased the gains it made against the yen on a
strong employment report last Thursday that showed the U.S.
economy is continuing to gain strength. It has stabilized at
two-week highs against the euro.

Jul 7, 2014

Dollar falls as Treasuries gain, Fed minutes in focus

NEW YORK, July 7 (Reuters) – The dollar weakened against the
yen and the euro on Monday, in line with strengthening
Treasuries, as investors continued to digest last week’s strong
U.S. employment report and speculated about when the Federal
Reserve is likely to begin raising U.S. interest rates.

U.S. bonds recovered from a selloff heading into last week’s
employment report, which showed nonfarm payrolls increased by
288,000 jobs last month and the unemployment rate fell to 6.1
percent from 6.3 percent in May.