Posts Tagged ‘dollar’

Euro Declines as Investors Weigh Prospects for More ECB Easing

by Forex Rooton October 22, 2014 12:18 pm BST
The euro slid for a second day against the dollar as investors weighed the prospects of additional easing policies from the European Central Bank. The shared currency also fell against the yen. A report yesterday by Reuters that the ECB was considering buying corporate debt helped send the euro tumbling by the most in a […]

Euro Slides on Periphery Bonds’ Slump; Dollar Climbed

by Forex Rooton October 16, 2014 5:06 pm BST
The euro fell as a rout in bonds from the region’s periphery bolstered speculation the European Central Bank will expand stimulus that tends to depress exchange rates in order to quell the turmoil. The dollar climbed versus most of its peers with growth in the U.S. forecast to outpace Europe and Japan, and on speculation […]

Dollar Strengthens on U.S. Data; Sterling Overvalued

by Forex Rooton October 10, 2014 12:42 pm BST
Dollar rose against 14 of its 16 major peers and advanced for a second day, retracing its decline since minutes of the Federal Reserve’s most recent meeting showed policy makers are concerned the U.S. may be at risk from a worldwide slowdown. The dollar lost 0.1 percent to 107.75 yen, extending its weekly decline to […]

Gold Advanced As Traders Are Looking For Alternative Investment To Dollar

by Forex Rooton October 7, 2014 3:40 pm BST
Gold futures rose for the second straight day as the dollar’s decline boosted the metal’s appeal as an alternative investment. Gold futures for December delivery gained 0.3 percent to $1,210.60 an ounce at 10:13 a.m. on the Comex in New York. Earlier, the price fell as much as 0.4 percent. Yesterday, the metal touched $1,183.30, […]