The Russian ruble has hit a record low against the US dollar on Friday, dropping to 37.10. The sharp devaluation comes amid rising concerns over the situation in Ukraine and investor fears that the West will unleash fresh sanctions against Russia.
The Aus Dollar (AUD) has surged higher on global forex markets breaking through key technical levels. The result has been a shift in near-term forecasts to favour the Aussie against the euro, pound sterling and US dollar. That said, in the longer-term ...
On the dollar side of the equation, the Federal Reserve is likely to raise interest rates in 2015, pushing up yields on Treasurys and widening the existing gap between 10-year debt in Germany and Spain, which yield 0.894% and 2.227%, respectively.
The dollar jumped against the euro and yen Wednesday after minutes from the most recent meeting of the Federal Open Market Committee showed the central bank was gradually shifting its stance in a more hawkish direction.
Oil is pumped into an oil tanker at the Ust-Luga oil products terminal in Russia. State-owned energy giants are now accepting payments in Russian rubles and Chinese yuan -- as opposed to U.S. dollars -- amid Western sanctions against Moscow.
Investors are closely watching for signs of when the U.S. central bank will hike rates from rock-bottom lows, which traders say will boost the dollar by driving investment flows into the United States. The Labor Department said Tuesday that its ...
(Reuters) - Speculators raised their bullish bets on the U.S. dollar for a second week to their highest in more than two years, according to data from the Commodity Futures Trading Commission released on Friday.
Data showing U.S. home builder sentiment rose in August to its highest since January supported the dollar. The NAHB/Wells Fargo Housing Market index rose to 55 in August from 53 in July, the group said.
WARSAW, Aug 19 (Reuters) - The New Zealand dollar slid almost half a percent on Tuesday after the government trimmed its forecast for growth and future budget surpluses, while progress for its U.S. counterpart halted near the top of a recent range.