Dollar on back foot after weak ISM; Aussie awaits RBA
TOKYO, June 6 (Reuters) - The dollar languished well below last week's 2-1/2-month highs on Tuesday after unexpectedly soft U.S....
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S&P 500 ends lower as traders eye potential pause in rate hikes
Palo Alto Networks gains on S&P 500 index inclusionApple hits record high but ends lower after debuting headsetIndexes close: S&P...
Dollar sags as Fed bets ebb, debt bill passes; Aussie soars
TOKYO, June 2 (Reuters) - The U.S. dollar wallowed near a one-week low versus major peers on Friday, on course...
Dollar stumbles as signs point to Fed skipping June rate hike
June 1 (Reuters) - The dollar was on track for its worst daily loss in nearly a month on Thursday as U.S. manufacturing data and comments by Federal Reserve officials reinforced expectations the Federal Reserve will likely skip an interest rate hike at its upcoming meeting.The euro recovered from a two-month low on Thursday after European Central Bank (ECB) President Christine Lagarde said further policy tightening was necessary.The dollar index , which measures the currency against a basket of six peers, fell 0.547% at 103.580, off a two-month high of...
US labor market still tight as weekly jobless claims edge up
Weekly jobless claims increase 2,000 to 232,000Continuing claims up 6,000 to 1.795 millionPrivate payrolls rise by 278,000 in MayWASHINGTON, June...
Morning Bid: Plotting policy paths for Europe and the US
A look at the day ahead in European and global markets from Kevin BucklandIt's a volatile time for central bank...
Sterling firmest vs euro since December on signs European inflation cooling
LONDON, May 31 (Reuters) - Sterling hit a 5-1/2 month high against the euro on Wednesday after data showing lower...
Dollar eases as deal over US debt ceiling lifts risk appetite
SINGAPORE, May 30 (Reuters) - The U.S. dollar fell on Tuesday against a basket of major currencies but did not...
Morning Bid: Relief rally eyed on US debt ceiling deal
May 29 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever.Optimism and relief are likely to be the dominant emotions for investors on Monday, giving markets in Asia a lift as lawmakers in Washington reached a tentative agreement on the U.S. debt ceiling, thus removing the risk of a catastrophic default.Trading and market liquidity in Asia will be lighter than usual, however, with U.S. and UK markets closed for holidays, opening up the potential for outsized market moves.If so, they are likely to be outsized...
Dollar set for third week of gains as US debt talks loom large
WASHINGTON, May 26 (Reuters) - The dollar was set for a third straight weekly gain on Friday, as markets raised bets on higher-for-longer interest rates and amid closely watched last-ditch talks on the U.S. debt ceiling.Apparent progress in the talks between President Joe Biden and top congressional Republican Kevin McCarthy helped ease investor jitters, but doubts remained about when both sides would reach agreement.Biden and McCarthy are closing in on a deal that would raise the government's $31.4 trillion debt ceiling for two years while capping spending on most items,...