Currencies

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The dollar was little changed Wednesday, holding near its highest in four years versus a basket of major currencies. Traders moved to the sidelines ahead of Friday's pivotal non-farm payrolls report. In a key prelude to the official jobs report, payroll processor ADP today said employment in the...

The dollar continued to hammer the euro on Tuesday, adding to its highest levels since 2012 amid expectations of further easing from the European Central Bank. The ECB's efforts to generate inflation have fallen flat, according to official data released this morning. Euro zone inflation came in...

The dollar was mixed Monday, staying near its highest in six years versus a basket of major rivals despite dovish talk from a top official at the Federal Reserve. "I think there will be quite some time before it becomes appropriate to raise rates," Charles Evans, the president of the Chicago Fed...

The dollar continued its assault on the euro Friday, surging to its highest since November 2012 amid expectations that monetary policy in the U.S. and Europe will diverge. Today's economic data from the U.S. raised expectations the Federal Reserve will raise interest rates ahead of schedule next Spring. A...

The dollar surged to its highest in nearly two years versus the euro Thursday amid mounting speculation that the Federal Reserve will hike interest rates ahead of schedule. Policy makers are talking about tightening despite some discouraging U.S. economic data. Figures from the Commerce Department...

EURUSD-092514.jpg The euro continued Wednesday's slide against the other major currencies on Thursday's European deals, after the European Central Bank President Mario Draghi reaffirmed his pledge to use additional unconventional policy measures, should it become necessary to address risks of prolonged period of low inflation. In...

The dollar strengthened against major rivals Wednesday as encouraging news on the U.S. housing sector raised speculation the Federal Reserve will hike interest rates ahead of schedule. New home sales in the U.S. saw a substantial increase in the month of August, according to a report released by the...

The dollar pulled back Tuesday after record-breaking run of gains took the U.S. currency to its highest in two years versus a basket of major rivals. The dollar index, which was higher for a ten weeks in a row, paused on Monday and was down sharply today as traders snapped up the slumping euro. Mixed...

The dollar was steady Monday following its longest weekly winning streak in decades. The dollar index, which measures the U.S. currency's performance against a basket of major rivals, was holding near its highest in two years, having risen ten weeks in a row. A furious rally versus yen lost a bit...

Another day of gains took the dollar to its highest in more than a year versus the euro, with traders betting that the Federal Reserve is about to lay the ground work for rate hates sooner than expected. The central bank kept its monetary policy unchanged on Wednesday, but there were hints in the...

The dollar remained mixed Thursday, surging to a fresh 6-year peak versus the yen but coming under heavy pressure against the sterling. The sterling was the day's strongest currency amid indications that Scottish voters will vote to stay with the United Kingdom. The latest Ipsos MORI survey reveals...

The dollar was mixed Wednesday as the Federal Reserve repeated its pledge to keep interest rates near zero for a "considerable time." The Fed refrained from offering clarity on when it may raise rates, but reduced its monthly asset purchases to $15 billion, and said the program will likely end in...

The dollar wavered Tuesday, giving back some of its strong recent gains against European rivals ahead of a crucial monetary policy announcement from the Federal Reserve. The Fed is expected to end a two-day meeting tomorrow with a vote to further trim its quantitative easing program while keeping...

The dollar was little changed for a third day in a row Monday, as traders looked ahead to the Federal Reserve's monetary policy announcement later in the week. On Wednesday, the Fed is widely expected to announce a further reduction in the pace of its asset purchases, although traders are likely to...

The dollar held most of its strong recent gains on Friday amid rising speculation the Federal Reserve will hike interest rates ahead of schedule. Bank of America Merrill Lynch changed its dovish outlook and is now forecasting the first rate increase to occur in June 2015, three months ahead of its...