Australian Dollar Gains Momentum Amidst RBA’s Hawkish Stance
The Australian Dollar strengthens the RBA’s hawkish stance amid robust economic indicators, contrasting with mixed signals from the US Dollar
Dollar rises as China COVID worries spur safe-haven buying
The U.S. dollar was firmly higher against major currencies on Monday, as rising COVID-19 cases in China led to new restrictions there and weighed on global investor sentiment.
European stocks hit six-week high, investors focus on Fed
European stocks rose in early trading on Tuesday, supported by speculation among investors that central banks could come to the end of their rate-hiking cycles.
Countdown to central bank meetings caps stocks’ advance
Shares rose in Europe on Wednesday as investor sentiment continued to steady after a rout last month, but the advance was capped by concerns over how fast central banks will raise interest rates to quell soaring inflation.
After volatile January, world stocks start February on firm note
World stocks began the new month on firmer ground, after a volatile January, as reassuring comments from Federal Reserve officials helped to calm rate-hike jitters.
Euro on defensive as Ukraine tension, hawkish Fed buoy dollar, yen
The euro hovered near 1-month lows versus the dollar and yen on Wednesday, hurt by concerns about the potential for military conflict in Ukraine and ahead of the Federal Reserve wrapping a meeting that could herald accelerated monetary tightening.
Dollar rides high on rate hike bets ahead of payrolls report
The dollar is set to notch broad weekly gains and could extend its rally if U.S. labour data due on Friday reinforces the case for early Federal Reserve interest rate hikes.
Dollar hits five-year high vs yen as Fed rate bets lift U.S. yields
The U.S. dollar reached its strongest level in nearly five years against the Japanese yen on Tuesday, lifted by a jump in Treasury yields as traders bet on an early Federal Reserve interest rate hike despite surging COVID-19 cases.
Dollar inches up in thin holiday trading
The dollar firmed slightly in early Asian trade on Wednesday as a recent rally in shares showed signs of petering out, but holiday-thinned trading meant markets were showing little real direction.
Dollar shines, euro droops as Omicron spreads while Fed hawks circle
The U.S. dollar hovered near the highest since July of last year against major peers on Monday after a Federal Reserve official signaled a first pandemic-era interest rate hike could come as early as March.
