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Sep 26, 2014

U.S. growth drives dollar to 11th winning week

NEW YORK, Sept 26 (Reuters) – The dollar posted an 11th
straight week of gains against a basket of major currencies on
Friday, extending the longest winning streak since its 1971 free
float under President Richard Nixon.

The dollar index got extra lift from upwardly revised
U.S. gross domestic product data, adding 0.5 percent and hitting
a fresh four-year peak of 85.655 even as strategists and traders
predicted a pullback in the dollar rally.

Sep 26, 2014

U.S. GDP data drives dollar toward 11th weekly gain

NEW YORK (Reuters) – The dollar rose on Friday and was tracking toward an 11th straight week of gains against a basket of currencies, which would extend the longest winning streak for the greenback since its 1971 free float under President Richard Nixon.

The dollar index .DXY got extra lift from upwardly revised U.S. gross domestic product data, adding 0.4 percent and hitting a fresh four-year peak of 85.521 even as strategists and traders predicted a pullback in the dollar rally.

Sep 25, 2014

Dollar gains as euro slips on record rate gaps

NEW YORK, Sept 25 (Reuters) – The dollar jumped to new highs
on Thursday as investors betting European and American monetary
policies are parting ways knocked the euro to an almost two-year
low against the U.S. currency.

The euro fell as far as $1.26955 on trading platform
EBS, its lowest since November 2012. This helped push the dollar
index, which measures the greenback against a basket of
major currencies, to a four-year high of 85.485.

Sep 25, 2014

Euro plumbs 22-month low as rate outlook powers dollar

NEW YORK, Sept 25 (Reuters) – The dollar jumped on Thursday to fresh highs against other major currencies as investors betting European and American monetary policies are parting ways knocked the euro to an almost two-year low against the U.S. currency.

The euro fell as far as $1.26955 EUR= on trading platform EBS, its lowest since November 2012. This helped push the dollar index .DXY, which measures the greenback against a basket of major currencies, to a four-year high of 85.485.

Sep 25, 2014

Dollar rises and euro sags as rate gaps widen

NEW YORK (Reuters) – The dollar jumped on Thursday to fresh highs against other major currencies as investors betting European and American monetary policies are parting ways knocked the euro to an almost two-year low against the U.S. currency.

The euro fell as far as $1.26955 EUR= on trading platform EBS, its lowest since November 2012. This helped push the dollar index .DXY, which measures the greenback against a basket of major currencies, to a four-year high of 85.485.

Sep 24, 2014

Dollar extends gains as euro falls under $1.28

NEW YORK, Sept 24 (Reuters) – The dollar rose on Wednesday,
climbing to a four-year high on an index that tracks the
greenback against other major currencies, as the euro slumped
beneath $1.28 on fresh signs of European economic weakness.

After 10 straight weeks of gains through last Friday, the
dollar index was last up 0.43 percent after touching a
high of 85.09 last seen during July 2010.

Sep 24, 2014

Dollar resumes climb after short-lived yen rally

NEW YORK (Reuters) – The dollar rose again on Wednesday, wiping out early gains in the yen against the greenback coming after Japanese Prime Minister Shinzo Abe voiced concern about the economic impact of the Japanese currency’s fall to a six-year low.

The dollar index gained .DXY 0.40 percent and touched highs last seen in July 2010, while the euro EUR= sank 0.4 percent to a new 14-month low under $1.28 and was last at $1.2788.

Sep 23, 2014

Dollar steady after profit-taking

NEW YORK, Sept 23 (Reuters) – The dollar held steady against
other major currencies on Tuesday after a flurry of
profit-taking that also helped lift the battered euro.

The euro, which traded near $1.40 in May, was up 0.06
percent in late New York dealings at $1.286 after trading as
high as $1.29, in part on data suggesting improved economic
growth in Germany.

Sep 23, 2014

Euro gets lift from German prospects; dollar dips

NEW YORK (Reuters) – The battered euro rose on Tuesday, pulling away from a 14-month trough against the dollar, as the greenback eased against other major currencies on profit-taking after a 10-week streak of gains.

Bruised by worries about economic growth and loosening European Central Bank monetary policies, the euro on Tuesday got some relief from a business survey showing Germany’s economy probably expanded in the third quarter.

Sep 22, 2014

Dollar jumps vs Aussie but flat against major currencies

NEW YORK, Sept 22 (Reuters) – The dollar rose smartly on
Monday against the Australian dollar and emerging market
currencies hurt by weaker commodity prices, but was little
changed against other major currencies after 10 weeks of gains
by the dollar index.

The dollar index, a basket of six leading currencies
traded against the dollar, wobbled around unchanged. It was last
up 0.01 percent after briefly touching a high last seen during
July 2010.