US Dollar

The US dollar edged up versus the Japanese Yen in Asian trading today, after Philadelphia Federal Reserve Bank President Charles Plosser stressed that the Fed may not wait till employment reaches an “acceptable” level before raising the key interest rates. These comments raised hopes of hedge fund...

After days of weakness, the US dollar inched up today following the prediction by an official from a Chinese sovereign wealth fund that the US currency may not head further south. Peng Junming, an official at China International Corp, said that while the US dollar had hit its bottom and may not...

The US dollar continued to move lower, adding to the losses suffered on Friday, after the release of weak non-farm payrolls data. The fall in the value of the dollar was worsened by comments made by a Federal Reserve official on the possibility of US interest rates continuing to remain low for some...

Expectations for robust US payroll figures supported the US dollar through the day. Good US payroll data would be indicative of a recovering economy and may give rise to speculations related to a tightening of the US interest rate. Comments made by the Kansas City Federal Reserve Bank President,...

If the Fed must raise rates due to very strong employment numbers this Friday you will see: Dollar UP due to the fact that investors will move into the dollar as rates rise. Bonds DOWN due to the fact that bond values move opposite to rates and rising Fed rates will raise all rates at least...

The US dollar rose higher after the yen, pound and euro got a pounding today. The yen fell after Japan's recently-appointed finance minister indicated his preference for a weaker yen. This caused rumors that the government may be inclined to stem any sharp rise in the currency. Additionally, the...

The yen has risen against the US dollar the most in the past four weeks on speculations of Japanese exporters buying their own currency in an attempt to repatriate overseas earnings. Technical charts indicating that the yen has suffered a sharp decline have also boosted the Japanese currency. The...

The euro has been falling steadily against the US dollar and currently stands at 1.4394. Although the euro is very close to the three-month target set by UBS, there are several reasons cited by the investment bank supporting the continued sale of the euro by investors. The Federal Reserve seems set...

A day before the end of the year, the US dollar hit a two-month high of 92.26 yen. The movement of the greenback reflected the recent strength it had developed after market sentiments surrounding the outlook of US interest rates changed. The forex market now seems to be on the lookout for a...

A little over a year after the economic crash, even those at Wells Fargo view the economy as if its on the upswing, expressing delight that things are becoming closer to "normal." Although there may not be noticeable differences of economic recovery until the end of 2010, a variety of factors are...