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Apr 24, 2015

Dollar falls on business spending, euro eases on Greece

NEW YORK, April 24 (Reuters) – Data showing a seventh
straight monthly decline in U.S. business spending plans knocked
the dollar lower on Friday and gave Federal Reserve policymakers
even less reason to raise near-zero interest rates any time
soon.

The euro backed away from a two-week high against the dollar
after euro zone finance ministers told Greece it will get no
more aid until it strikes a full economic reform plan.

Apr 24, 2015

Dollar slips after weak business spending figures

NEW YORK (Reuters) – Data showing a seventh straight monthly decline in U.S. business spending plans knocked the dollar lower on Friday and gave Federal Reserve policymakers even less reason to raise near-zero interest rates any time soon.

The euro backed away from a two-week high against the dollar, however, after euro zone finance ministers told Greece it will get no more aid until it strikes a full economic reform plan.

Apr 23, 2015

Dollar falls on housing dip, euro rises on fading Greek fears

NEW YORK, April 23 (Reuters) – The dollar was knocked lower
on Thursday by a decline in U.S. new-home sales fanning worries
about U.S. economic growth, while the euro rose more than 1
percent on waning fears of a Greek default.

New home sales declined 11.4 percent in March to a
seasonally adjusted annual rate of 481,000 units, according to
U.S. government data. The drop was the biggest since July 2013
and came after three straight months of hefty gains.

Apr 23, 2015

Dollar dips, euro rises, as Greek fears fade

NEW YORK (Reuters) – The dollar fell against most other major currencies on Thursday, while the euro rose on waning fears of a Greek default.

The euro, which has been sliding for months on a massive bond-buying program and anxieties about Greece possibly defaulting, rose against the dollar on Thursday despite weaker-than-forecast euro zone private sector business growth.

Apr 22, 2015

Dollar mixed after jump in U.S. home resales

NEW YORK, April 22 (Reuters) – The dollar stood mixed
against other major currencies on Wednesday after a 6.1 percent
jump in U.S. home sales data lifted expectations that Federal
Reserve policymakers may soon hike interest rates.

A National Association of Realtors report showing an
increase in March of existing home sales to an annual rate of
5.19 million units, the highest level since September 2013,
suggested the U.S. economy may be shrugging off sluggishness.
The percentage increase was the largest since December 2010.

Apr 22, 2015

Dollar firms slightly on jump in U.S. home sales

NEW YORK (Reuters) – The dollar edged upward on Wednesday after a 6.1 percent jump in U.S. home sales data lifted expectations Federal Reserve policymakers may soon hike interest rates.

The increase in March of existing home sales to an annual rate of 5.19 million units reported by the National Association of Realtors was the highest level since September 2013. The percentage increase was the largest since December 2010.

Apr 21, 2015

Dollar turns mixed as euro inches up

NEW YORK, April 21 (Reuters) – The dollar was mixed against
major currencies on Tuesday, with the euro pivoting to modest
gains against the greenback after euro zone finance ministers
moved away from fixing a deadline for Greece to come up with
fiscal reforms.

Greece, which is quickly running out of cash, pledged to its
euro zone partners in February that by the end of April it would
agree with creditors on a comprehensive list of reforms to get
7.2 billion euros remaining from its bailout.

Apr 21, 2015

Euro turns up as dollar trims gains

NEW YORK (Reuters) – The euro inched up against the dollar on Tuesday, pivoting from early losses following a European Central Bank proposal to increase the insurance it would demand in return for emergency funding to Greek banks.

ECB staff have prepared a proposal to increase the haircut on the security that Greek banks offer in return for emergency liquidity, according to a Bloomberg report, citing people with knowledge of the discussions.

Apr 20, 2015

Dollar rises as Greece anxieties sting the euro

NEW YORK, April 20 (Reuters) – The dollar rose broadly on
Monday, with the euro sliding more than half a percent against
the U.S currency, on growing concern that Greece may default on
debts.

The euro was last off 0.70 percent against the dollar
at $1.0730, weighed down by the European Central Bank’s
bond-buying program and the risk Greece could leave the single
currency within months.

Apr 20, 2015

Dollar rises as euro slips on Greece anxieties

NEW YORK (Reuters) – The dollar rose on Monday as the euro slid half a percent against the U.S currency amid gathering concerns that Greece may default on debts.

Coming off its worst weekly performance in a month, the dollar also gained against the Japanese yen and the British pound. Treasury yields were down, and Wall Street equities were ahead after a sell-off on Friday.