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After the release of U.S. personal income and spending report for July at 8:30 am ET Monday, the greenback climbed further against its major rivals. The greenback was trading at 1.1165 against the euro, 102.28 against the yen, 0.9797 against the franc and 1.3062 against the pound around 8:34 am ET.

The Commerce Department is scheduled to release its personal income and spending report for July at 8:30 am ET Monday. Economists expect a 0.4 percent month-over-month increase in personal income and a 0.3 percent increase in personal spending. Ahead of the data, the greenback traded mixed against...

The pound declined against its key counterparts in European deals on Monday amid risk aversion, as hawkish comments from Fed Chair Janet Yellen and her deputy Stanley Fischer coupled with a pullback in oil prices on signs of rising Iraq output sapped investors' appetite for risk. While Yellen hinted...

Reversing direction, the pound fell against its major counterparts in European trading on Monday. The pound slid to a weekly low of 1.3081 against the greenback, following a high of 1.3139 at 7:15 pm ET. The pound retreated to 1.2791 against the franc, 0.8549 against the euro and 133.59 against...

The U.S. dollar strengthened against the other major currencies in the early European session on Monday, extending its gains from last Friday after Federal Reserve Chair Janet Yellen and Fed Vice Chair Stanley Fischer signaled the world's largest economy looks healthy enough to take on another increase...

The U.S. dollar strengthened against the other major currencies in the early European session on Monday. The U.S. dollar rose to a 2-week high of 1.1172 against the euro and a 1-week high of 1.3088 against the pound, from early lows of 1.1208 and 1.3138, respectively. Against the yen and the...

The Japanese yen continued to be weak against the other major currencies in the Asian session on Monday after U.S. Federal Reserve Chair Janet Yellen said in her speech last Friday that the case for another interest rate hike has strengthened. The Federal Open Market Committee "continues to anticipate...

The Japanese weakened against the other major currencies in the Asian session on Monday. The yen fell to near 4-week lows of 114.48 against the euro and 134.16 against the pound, from Friday's closing quotes of 113.89 and 133.55, respectively. Against the U.S. and the Canadian dollar, the yen...

The dollar dropped initially after Federal Reserve Chair Janet Yellen made some hawkish comments during her speech late this morning, but quickly reversed and has turned sharply higher. Yellen stated that the case for another interest-rate hike has strengthened recently. Her comments propelled the U.S....

The U.S. dollar reversed from its recent highs and fell back against its major counterparts in New York trading on Friday, despite hawkish remarks from Federal Reserve Chairman Janet Yellen hinting at the chances for another interest rate hike in coming months. "In light of the continued solid performance...

Following the release of the University of Michigan's final estimate of its U.S. consumer sentiment for August at 10 am ET Friday, the greenback climbed against its major rivals. The greenback was trading at 1.1246 against the euro, 100.64 against the yen, 0.9708 against the franc and 1.3182 against...

The University of Michigan is set to release the final estimate of its U.S. consumer sentiment for August at 10 am ET Friday. Economists expect the index to be upwardly revised to 90.7 from 90.4 in July. Ahead of the data, the greenback traded mixed against its major rivals. While the greenback held...

The New Zealand dollar gained ground against the other major currencies in New York morning trading on Friday. The kiwi climbed to 0.7368 against the greenback, highest since May 2015, from a low of 0.7290 hit at 5:00 pm ET. The kiwi strengthened to new 2-week highs of 1.5343 against euro and 73.82...

Erasing early losses, the Australian dollar traded higher against most major rivals in early New York trading on Friday. The aussie climbed to a 3-day high of 0.9874 against the loonie and an 8-day high of 1.4731 against the euro, off its early lows of 0.9834 and 1.4816, respectively. The aussie...

The Commerce Department has released its preliminary second quarter GDP data at 8:30 am ET Friday. The greenback traded mixed against its major counterparts after the data. While the greenback rose against the euro and the franc, it changed little against the yen and the pound. The greenback was...

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