Australian Dollar Rises Against Major Currencies
The Australian dollar strengthened in European trading, reaching nearly two-year highs against the euro and multiweek highs against the U.S. dollar and another major currency.
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Australian Dollar Rises on RBA Rate Hike Speculation
The Australian dollar strengthened against other major currencies in Asian trading on Tuesday, as traders are now betting the Reserve Bank of Australia (RBA) will likely raise rates at its November policy meeting.
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in Asian trade on Tuesday, reaching a six-day high against the U.S. dollar.
US dollar retreats after softer-than-expected US inflation data
The dollar retreated against major currencies on Wednesday following data showing a smaller-than-expected increase in US inflation, which reduced market bets on an interest rate hike from the Federal Reserve. The euro rose 0.15% to $1.135725.
Dollar flat as US-Iran stand-off lifts oil, yields
The dollar was flat against major currencies as US-Iran tensions pushed oil higher and Treasury yields rose. Markets are watching upcoming US data and the Reserve Bank of Australia meeting for further policy clues.
Asian shares fall as oil rises and Treasury yields climb
Major Asian, US and European stock indexes were lower, while bonds and the dollar were mixed. The report also showed Brent crude higher and gold at a more than seven-week low.
Global stocks fall as oil rises, Treasury yields extend gains
Major stock indexes fell, with the MSCI world gauge down 0.83%, as oil prices resumed their rise and Treasury yields extended gains. Spot gold dropped 3.5% to a more than seven-week low.
Dollar flat as US-Iran standoff lifts oil, yields
Brent crude rose more than 3% above $107 a barrel as US-Iran tensions heightened supply risks and Treasury yields stayed above 5%. The Australian dollar weakened ahead of an expected Reserve Bank of Australia rate hike Tuesday.
Australian Dollar Falls As Unemployment Rate Rises
CANBERA (dpa-AFX) - The Australian dollar weakened against other major currencies in the Asian session on Thursday, after the release of the most recent domestic labor market data.Data from the Australian Bureau of Statistics (ABS) showed that the Australia's unemployment rate increased from 4.5% i…
MNI EUROPEAN MARKETS ANALYSIS: USD Supported Despite Lower Oil
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but