Currencies

Share SHARE

The dollar weakened against most major rivals but surged to new highs against the Russia's beleaguered ruble. The Russian central bank's hiked interest rates to 17 percent, but the ruble continued to fall as the move was seen as a desperate attempt to thwart a financial crisis. The plunged by about...

The dollar inched higher versus European rivals but continued to pull back against the yen after Japanese voters decided to carry on with economic stimulus. Over the weekend, Japanese Prime Minister Shinzo Abe received a fresh mandate in the general elections to continue policies aimed at reviving...

The dollar continued to waver versus the euro Friday, pulling back from 2-year highs reached earlier this month. Traders may be thinking the euro's rapid decline has been overdone given the European Central Bank's reluctance to offer full-scale quantitative easing. Calls for further stimulus from...

The dollar came back to life versus major rivals Thursday, rebounding near recent 7-year highs after strong U.S. retail sales data. In a report that will likely lift economic growth forecasts for the fourth quarter, U.S. retail sales in November expanded at the fastest pace in eight months, rising...

The dollar continued to pull back Wednesday, easing further from seven-year highs amid speculation the Federal Reserve will delay rate hikes due the wobbly global economy. Analysts say the Fed may next week remove its pledge to keep rates ultra-low for a "considerable time," but that the first rate...

The dollar weakened Tuesday, easing from seven-year highs on speculation that recent gains were overdone. Although the Federal Reserve is widely expected to raise interest rates ahead of schedule in the first half of 2015, policy makers may go slow with subsequent rate hikes given the fragility of...

The dollar eased from multi-year highs against a basket of major rivals Monday, trimming strong gains in the aftermath of Friday's stellar U.S. report. A downbeat assessment of the euro zone economy from a top European Central Bank official failed to give the dollar fresh momentum this morning. Ewald...

The dollar continued to strengthen Friday, rising to its highest in seven years as measures against a basket of major rivals. Official data showing robust U.S. jobs growth in November pushed the dollar index to its highest since 2006. Non-farm payroll employment surged up by 321,000 jobs in November...

The dollar weakened Tuesday, easing from 4-year highs versus a basket of major rivals as upbeat global economic news fueled appetite for riskier currencies. An upward revision to U.S. GDP reflected solid growth for the nation's economy in the third quarter, but failed to help the dollar extend its...

The dollar was mixed Monday, holding near recent 4-year highs as measured against a basket of major rivals. Upbeat economic news from Germany weighed on the dollar versus the euro, but the greenback edged toward fresh 7-year highs against the slumping yen. German business confidence improved unexpectedly...

The dollar rallied versus European rival Friday after European Central Bank President Mario Draghi said policy makers are ready with unprecedented measures if inflation does not pick up. It is feared that the euro zone will enter a dangerous deflationary spiral unless the ECB embarks on full-scale...

The dollar paused after surging to another 7-year peak against the yen Thursday, as traders weighed a flurry of economic news, including a closely-watched reading on U.S. inflation. Lower energy costs keeping are keeping inflation in check, possibly giving the Federal Reserve more room to keep interest...

The dollar surged to yet another 7-year peak versus the yen Wednesday as the Bank of Japan maintained its massive monetary stimulus. The pace of the yen's recent declines quickened yesterday when Prime Minister Shinzo Abe called for an early election and put off a proposed sales tax hike. The...

The dollar climbed to another 7-year high versus the yen and sustained its strong recent gains versus European counterparts on a busy day of economic news from around the world Tuesday. The yen was in focus throughout as Japanese Prime Minister Shinzo Abe announced a delay in the implementation of...