Dollar set to end five-week win streak as risk sentiment rebounds

NEW YORK/LONDON (Reuters) -The dollar edged lower against a basket of major currencies on Friday, on track to break its five-week winning streak, as global risk appetite rebounded, reducing demand for the safe-haven currency.FILE PHOTO: An employee counts U.S. dollar bills at a money exchange in central Cairo, Egypt, March

Dollar trades near one-year high ahead of Fed meeting minutes

LONDON (Reuters) – The dollar held close to a one-year high against a basket of peer currencies on Wednesday amid rising expectations the Federal Reserve will announce a tapering of stimulus next month, potentially following with interest rate hikes by mid-2022.FILE PHOTO: A picture illustration shows U.S. 100 dollar bank

Dollar edges higher as jobs data eyed for Fed policy clues

TOKYO (Reuters) – The dollar edged higher versus major peers on Friday but within a narrow range as traders awaited clues on the pace of Federal Reserve policy normalization from a monthly payrolls report.FILE PHOTO: Euro, Hong Kong dollar, U.S. dollar, Japanese yen, pound and Chinese 100 yuan banknotes are

Dollar climbs as Evergrande uncertainty percolates

NEW YORK (Reuters) – The dollar rose on Friday and was poised for its third straight week of gains against a basket of major currencies, as uncertainty over beleaguered Chinese property developer Evergrande helped the greenback bounce back from a sharp decline in the prior session.FILE PHOTO: U.S. dollar banknotes

Dollar firms as Fed members talk of tightening

SYDNEY (Reuters) – The dollar was poised to push higher on Thursday as hawkish comments from the U.S. Federal Reserve led markets to bring forward the likely timing of a policy tightening there, while action in Europe and Japan remain distant prospects.FILE PHOTO: Stacks of former U.S. President Abraham Lincoln

Dollar recovers ground as jobless claims data helps

NEW YORK (Reuters) – The U.S. dollar edged higher on Thursday, recovering some of the ground lost in the prior session after the head of the Federal Reserve told Congress he saw no need to rush the shift towards tighter post-pandemic monetary policy.Slideshow ( 2 images )The dollar index, which

Dollar declines as Fed's Powell maintains dovish message

NEW YORK (Reuters) -The dollar pared recent gains on Wednesday after Federal Reserve Chair Jerome Powell told Congress the U.S. economy was “still a ways off” from levels the central bank wanted to see before tapering its monetary support.FILE PHOTO: Rolled Euro banknotes are placed on U.S. Dollar banknotes in

Yen set for biggest weekly rise since November

LONDON (Reuters) – The Japanese yen weakened on Friday as a downward spiral in U.S. Treasury yields ran out of steam, but it was heading for its biggest weekly gain since November amid concerns about the global economic recovery.FILE PHOTO: Euro, Hong Kong dollar, U.S. dollar, Japanese yen, pound and

Dollar edges up, recovering from jobs miss

LONDON (Reuters) – The dollar edged up as European markets opened on Monday, recovering from Friday’s drop on U.S. jobs data which was below expectations.FILE PHOTO: An employee of the Korea Exchange Bank counts one hundred U.S. dollar notes during a photo opportunity at the bank’s headquarters in Seoul April

Dollar heads for second weekly loss on Fed's lower-for-longer stance

LONDON (Reuters) – The dollar headed for its worst back-to-back weekly drop this year amid an extended retreat in Treasury yields as investors increasingly bought into the Federal Reserve’s insistence of keeping an accommodative policy stance for a while longer.FILE PHOTO: U.S. dollar notes are seen in this November 7,