dollar index – Ardud http://ardud.ro/ Sat, 19 Mar 2022 01:33:48 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://ardud.ro/wp-content/uploads/2021/05/default1-150x150.png dollar index – Ardud http://ardud.ro/ 32 32 Caution remains in Forex market after rate hike https://ardud.ro/caution-remains-in-forex-market-after-rate-hike/ Sat, 19 Mar 2022 01:33:48 +0000 https://ardud.ro/caution-remains-in-forex-market-after-rate-hike/ The dollar is getting strong again Fed and BOE rate hikes Stocks rally to end week high The U.S. dollar today regained some of the strength it had lost in the previous 48 hours as the foreign exchange market assessed the impact of rate hikes alongside ongoing problems between Russia and Ukraine. . Both issues […]]]>

The U.S. dollar today regained some of the strength it had lost in the previous 48 hours as the foreign exchange market assessed the impact of rate hikes alongside ongoing problems between Russia and Ukraine. . Both issues will weigh heavily on the direction of the market heading into the weekend, although other major currencies have managed to break out of a previously very weak position against the dollar. Meanwhile, Wall Street relied on gains from previous days of bullish trading to take a positive stance for the weekend.

A stronger dollar repels

More optimism from those trading the forex in recent days has seen the dollar lose some of the resolute strength it had built up in recent weeks. The US dollar index, which measures the strength of the currency against a basket of other major currencies, is trading around 98.00 and down more than 1% on the week, but it remains a high level for the index and still indicates an extremely strong dollar.

Part of the reason for the return to the safe haven dollar is likely the lack of any concrete breakthrough in the negotiations between Russia and Ukraine. Indications and tone on both sides have become more positive but this has not yet led to a ceasefire or any other step towards ending the invasion. The forex market reacted cautiously and remained focused on this news throughout the day with little hard-hitting data released.

Rate hikes digested by traders

This week, the Federal Reserve and Jerome Powell finally signed into law the long-awaited first interest rate hike. This 25 basis point increase appears to be the first of several to come this year, although the tone of policymakers has been decidedly more dovish than many had expected.

In the United Kingdom, the Bank of England followed suit in the United States with a rate hike of 25 basis points. However, this increase was accompanied by a more cautious outlook for the future of the economy. Acknowledging this, the pound struggled to find buyers and fell back near 1.31.

Largely positive week on Wall Street

Wall Street traders are moved to Friday in view of their best week on several streets. It comes as they capitalized on the positivity of the week which had seen gains of almost 5% for the S&P 500. It turned out to be the best week since the end of 2020 for the index as it added new gains of more than 1%.

The other two major US indices also ended very positive weeks. The Dow Jones was up almost 5% for the week before the start of the day, while the tech-heavy NASDAQ, which has suffered more than others lately, had posted gains of almost 6%. over the week. The two rallied to add to their positive momentum.

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Support for FOREX-Euro tests as Ukraine crisis threatens growth https://ardud.ro/support-for-forex-euro-tests-as-ukraine-crisis-threatens-growth/ Wed, 02 Mar 2022 00:37:24 +0000 https://ardud.ro/support-for-forex-euro-tests-as-ukraine-crisis-threatens-growth/ Band Tom Westbrook SINGAPORE, March 2 (Reuters) – The euro was under pressure on Wednesday as intensified Russian bombardment of Ukrainian cities and soaring oil prices raised fears among investors of a hit to Europe’s economy and growth. The common currency EUR=EBS briefly fell below support to hit a 21-month low at $1.1090 overnight, before […]]]>

Band Tom Westbrook

SINGAPORE, March 2 (Reuters)The euro was under pressure on Wednesday as intensified Russian bombardment of Ukrainian cities and soaring oil prices raised fears among investors of a hit to Europe’s economy and growth.

The common currency EUR=EBS briefly fell below support to hit a 21-month low at $1.1090 overnight, before recovering a bit to trade at $1.1131 at the start of the Asian session.

“The risk is a sustained move below $1.1106 if market participants downgrade the eurozone economic outlook,” said Commonwealth Bank of Australia analyst Kim Mundy. Sterling GBP=which fell 0.7% overnight, was also compressed to $1.3327.

Russia bombed a television tower in the Ukrainian capital on Tuesday and rained rockets on the city of Kharkiv. Ordnance experts said cluster bombs were also used on Kharkiv.

The safe haven yen JPY=EBS was firm, following a risk-averse mood in other markets and was just above its 50-day moving average at 114.85 to the dollar.

The Russian Ruble RUB=hammered to a record low of 117 to the dollar on Tuesday as Western sanctions hit, remained on the cheaper side of 100.

Commodity-linked currencies, such as the Australian dollar, fell slightly against a stronger dollar overnight, but held up against soaring oil, gas, coal and grain prices. MKTS/GLOB

The New Zealand dollar USD=D3 hovered at $0.6760 in morning trade and the Australian dollar AUD=D3 rose slightly to $0.7263. The US dollar index =USD held at 97.324.

Chinese traders are cutting imports of Russian coal as they struggle to secure funding from state banks worried about potential sanctions, pushing up prices from Australia and other exporters such as Indonesia and Africa from South.

“The strength in commodity prices combined with Australia’s much improved current account position suggests that there is good reason to expect the AUD/USD to break away from its traditional role as a global currency. G10 “highest risk,” said Rabobank strategist Jane Foley, expecting it. may climb to $0.74 by the end of 2022.

Later in the session, US President Joe Biden delivers his State of the Union address. He will say the West was ready for Russia’s invasion of Ukraine and that his administration has a plan to fight inflation, according to speech excerpts.

European inflation data is due at 10:00 GMT. A speech at 4:00 p.m. GMT by the European Central Bank’s chief economist, Philip Lane, will also be closely watched for insight from policymakers reflecting on the economic damage of the Ukraine crisis.

Bank of England policymaker Silvana Tenreyro will speak on the UK economic outlook at 18:00 GMT.

The Chinese Yuan CNH=D3 was steady in offshore trade at 6.3166 to the dollar, after weakening slightly on Tuesday.

In emerging markets, Eastern European currencies suffered steep losses overnight. EMRG/FRX

Bitcoin BTC=BTSPmeanwhile, has rebounded from last month’s lows and last held around $44,500, its lead somewhat blunted by dollar strength.

================================================= =====

Bid rates for currencies at 0027 GMT

The description

RIC

Last

Closing of the previous session

Percentage change

Percentage change since the beginning of the year

High bid

Low bid

euro dollar

EUR=EBS

$1.1129

$1.1124

+0.05%

-2.10%

+1.1133

+1.1117

dollar/yen

JPY=EBS

114.8550

114.8350

-0.03%

-0.19%

+114.8900

+114.8050

Euro/Yen

EURJPY=EBS

127.83

127.83

+0.00%

-1.91%

+127.8700

+127.6900

Dollar/Swiss

CHF=EBS

0.9187

0.9188

+0.00%

+0.73%

+0.9189

+0.9188

British pound/dollar

GBP=D3

1.3330

1.3328

+0.03%

-1.42%

+1.3335

+1.3326

Canadian dollar

CAD=D3

1.2728

1.2748

-0.12%

+0.70%

+1.2743

+1.2725

Australian/Dollar

AUD=D3

0.7264

0.7253

+0.16%

-0.07%

+0.7267

+0.7248

New Zealand Dollar/Dollar

USD=D3

0.6768

0.6763

+0.09%

-1.10%

+0.6770

+0.6753

All spots FX=

Tokyo spots AFX=

Spots of Europe EFX=

Volatilities FXVOL=

BOJ Tokyo Forex Market Information TKYFX

World exchange rateshttps://tmsnrt.rs/2RBWI5E

(Reporting by Tom Westbrook; Editing by Lincoln Feast.)

((tom.westbrook@tr.com; +65 6973 8284;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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FOREX-Euro holds gains after hopes of easing tensions in Ukraine https://ardud.ro/forex-euro-holds-gains-after-hopes-of-easing-tensions-in-ukraine/ Wed, 16 Feb 2022 01:30:17 +0000 https://ardud.ro/forex-euro-holds-gains-after-hopes-of-easing-tensions-in-ukraine/ By contrast, the safe haven yen JPY= softened slightly and last settled at 115.65 to the dollar, after briefly touching 114.99 on Monday when tensions were higher. Overall, the dollar index =USD which measures the greenback against six major peers, lost ground on Tuesday and stood at 96.008. However, analysts said the dollar is unlikely […]]]>

By contrast, the safe haven yen JPY= softened slightly and last settled at 115.65 to the dollar, after briefly touching 114.99 on Monday when tensions were higher.

Overall, the dollar index =USD which measures the greenback against six major peers, lost ground on Tuesday and stood at 96.008.

However, analysts said the dollar is unlikely to fall too far.

The greenback ‘lost ground overnight as Ukraine’s geopolitical risk premium exited markets, but expectations of an aggressive Fed bull run should keep a base for (the dollar index) in place,” Westpac analysts said in a morning note to clients.

The Fed is set to raise interest rates at its March meeting, likely launching a fairly rapid hike program.

Higher PPI data also helped push up US benchmark bond yields.

The return on 10-year treasury bills US10YT=RR was last at 2.0329, back near its two-year high after plunging below 2% this week as tensions mounted.

The dollar and US rates could move later in the day after the minutes from the Fed’s monetary policy meeting in February. Investors are looking to see if the possibility of a 50 basis point rate hike has been raised.

This week, Fed officials publicly sparred over how aggressively to start raising rates at their March meeting, with St. Louis Fed President James Bullard reiterating calls for an acceleration on Monday. the pace of Fed rate hikes.

Other Fed officials were less willing to commit to a half-point hike, or even feared it would cause problems.

Rate hikes are also supporting the British pound, which was at $1.3543 GBP=D3.

Almost two-thirds of respondents to a Reuters poll of economists expect the Bank of England to hike rates another 25 basis points at its March meeting. It would be the first time the Bank has raised rates in three consecutive meetings since 1997.

World exchange rateshttps://tmsnrt.rs/2RBWI5E

(Reporting by Alun John; Editing by Lincoln Feast.)

((alun.john@thomsonreuters.com;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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FOREX-Euro stabilizes after ECB pushback, dollar waits ahead of US CPI https://ardud.ro/forex-euro-stabilizes-after-ecb-pushback-dollar-waits-ahead-of-us-cpi/ Wed, 09 Feb 2022 09:00:39 +0000 https://ardud.ro/forex-euro-stabilizes-after-ecb-pushback-dollar-waits-ahead-of-us-cpi/ Band Joice Alves LONDON, February 9 (Reuters) – The euro stabilized on Wednesday from a three-week high after European Central Bank President Christine Lagarde cut bets for aggressive interest rate hikes. The dollar was flat, a day before the release of consumer price data in the United States that could offer new clues on the […]]]>

Band Joice Alves

LONDON, February 9 (Reuters)The euro stabilized on Wednesday from a three-week high after European Central Bank President Christine Lagarde cut bets for aggressive interest rate hikes.

The dollar was flat, a day before the release of consumer price data in the United States that could offer new clues on the pace of monetary tightening by the Federal Reserve.

A more hawkish tone from the ECB and the Fed last week caught markets off guard and sent Eurozone and US debt yields higher as higher betting rates could rise further. quickly and higher than expected.

But Lagarde said on Monday that a major tightening was unnecessary, trying to temper rising expectations for aggressive action after first signaling last week that a rate hike this year was a possibility.

The euro edged up 0.1% to $1.1425 by 0850 GMT, following its gradual pullback from a high of $1.1483 on Friday when it hit its highest level since January 14.

The dollar index =USD, which measures the greenback against six major peers, was also little changed, down 0.1% to 95.504, after bouncing off a 2.5-week low of 95.136 hit on Friday. It hit the highest since July 2020 at 97.441 late last month.

“We view these types of moves as short-term volatility, although profitable if played well,” said Jens Nærvig Pedersen, chief FX and rates strategy analyst at Danske Bank, recalling the highs and lows of the market. dollar and euro over the past. two weeks.

“We expect the data (on US inflation) to support expectations of Fed hawkishness,” he said, adding that rate hike expectations will support the strengthening US dollar in the coming months. over the next few quarters.

Markets are pricing in more than a 70% chance of a 25 basis point hike from the Fed and nearly a 30% chance of a 50 basis point hike when policymakers meet in March, the tool says. CME’s FedWatch.

“Tomorrow’s release of the US CPI will help determine whether the Fed starts with a 25 basis point or 50 basis point move in March,” ING strategists told clients.

Economists polled by Reuters predicted U.S. data on Thursday would show consumer prices rose 7.3% year-on-year in January.

World exchange rateshttps://tmsnrt.rs/2RBWI5E

(Reporting by Joice Alves Additional reporting by Kevin Buckland Editing by Peter Graff)

((joice.alves@thomsonreuters.com; twitter @joiceal))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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FOREX-Dollar up, Euro down as pair clash in fight against rate hike https://ardud.ro/forex-dollar-up-euro-down-as-pair-clash-in-fight-against-rate-hike/ Mon, 07 Feb 2022 18:09:43 +0000 https://ardud.ro/forex-dollar-up-euro-down-as-pair-clash-in-fight-against-rate-hike/ Band Herbert Lash NEW YORK, February 7 (Reuters) – The dollar rose slightly and the euro eased on Monday after European Central Bank President Christine Lagarde calmed market expectations of a rapid rise in interest rates that pushed bond yields higher. regions in Europe at multi-annual summits. There is no need to sharply tighten monetary […]]]>

Band Herbert Lash

NEW YORK, February 7 (Reuters)The dollar rose slightly and the euro eased on Monday after European Central Bank President Christine Lagarde calmed market expectations of a rapid rise in interest rates that pushed bond yields higher. regions in Europe at multi-annual summits.

There is no need to sharply tighten monetary policy in the eurozone as inflation is expected to come down and could stabilize around the ECB’s 2% target, Lagarde told a European Parliament hearing.

The ECB last week opened the door to a rate hike later in 2022 as inflation risks grew, while data showing an unexpected jump in US jobs created in January also sparked speculation of a longer timeline. fast for Federal Reserve rate hikes.

New expectations for both the Fed and the ECB pitted the dollar against the euro as to which one will take the upper hand. US consumer price data to be released on Thursday is poised to be a key determinant of the data points.

“The euro-dollar will be in a bit of a tussle between these two forces, but ultimately with the CPI in the US, we’re probably due for a bit more recovery in the dollar,” Kathy said. Lien, Managing Director of BK Asset Management.

A Reuters poll of economists showed they expected the year-on-year CPI to have climbed to 7.3% in January.

The dollar index = USD rose 0.138%, the euro USD= down 0.24% at $1.1418.

Last week the ECB moved the ball in a positive direction for the euro, said Joe Manimbo, senior market analyst at Western Union Business Solutions.

“Now the focus has shifted to US inflation, which the market will use to determine whether the Fed will hike 25 basis points or 50 basis points next month,” Manimbo added.

Markets 0#FF: have now assessed a one-in-three chance that the Fed could hike 50 basis points in March, and a reasonable chance that rates will hit 1.5% by the end of the year. FEDWATCH

The European common currency EUR=EBS hit its highest since mid-January on Friday, pushed by the ECB’s hawkish turn.

Not everyone is convinced of the ECB’s hawkish leanings.

“We don’t think the ECB is bracing for a sudden acceleration in tightening. We still think the Fed is on track to be well ahead of the ECB, supporting the dollar,” said Mark Haefele, chief investment officer at UBS. . Global Wealth Management.

Haefele said he expects the euro to fall to $1.10 by the end of the year and the dollar to gain against the Swiss franc to end the year at 0.98 francs. per dollar, against 0.92 currently. CHF=EBS.

The two years US2YT=RR The yield on US Treasuries, which generally moves in line with interest rate expectations, fell 2.4 basis points to 1.298%.

The Japanese yen strengthened 0.06% against the greenback to 115.14 to the dollar, while the British pound GBP= last traded at $1.3514, down 0.11% on the day.

Bitcoin BTC= rose 8.64% to $44,155.82, after surging 11% on Friday night.

================================================= =====

Currency rates at 12:58 p.m. (5:58 p.m. GMT)

The description

RIC

Last

Closing of the previous session

Percentage change

Percentage change since the beginning of the year

High bid

Low bid

dollar index

= USD

95.5550

95.4410

+0.14%

-0.113%

+95.6350

+95.3530

euro dollar

EUR=EBS

$1.1419

$1.1451

-0.28%

+0.45%

+$1.1474

+$1.1415

dollar/yen

JPY=EBS

115.1550

115.2100

-0.03%

+0.05%

+115.3750

+114.9150

Euro/Yen

EURJPY=

131.49

131.90

-0.31%

+0.90%

+132.1300

+131.2700

Dollar/Swiss

CHF=EBS

0.9246

0.9254

-0.06%

+1.39%

+0.9262

+0.9223

British pound/dollar

GBP=D3

$1.3515

$1.3525

-0.07%

-0.06%

+$1.3550

+$1.3492

Canadian dollar

CAD=D3

1.2687

1.2769

-0.64%

+0.35%

+1.2756

+1.2672

Australian/Dollar

AUD=D3

$0.7106

$0.7078

+0.42%

-2.23%

+$0.7122

+$0.7066

Euro/Switzerland

EURCHF=

1.0557

1.0592

-0.33%

+1.81%

+1.0604

+1.0551

Euro/pound sterling

EURGBP=

0.8448

0.8464

-0.19%

+0.57%

+0.8478

+0.8439

New Zealand Dollar/Dollar

USD=D3

$0.6617

$0.6615

+0.04%

-3.32%

+$0.6638

+$0.6602

Dollar/Norway

NOK=D3

8.8060

8.7805

+0.21%

-0.12%

+8.8555

+8.7800

Euro/Norway

EURNOK=

10.0576

10.0676

-0.10%

+0.45%

+10.1168

+10.0300

Dollar/Sweden

SEK=

9.1463

9.1532

-0.32%

+1.42%

+9.1736

+9.1168

Euro/Sweden

EUREK=

10.4454

10.4785

-0.32%

+2.07%

+10.4887

+10.4360

World exchange rateshttps://tmsnrt.rs/2RBWI5E

(Reporting by Herbert Lash; Additional reporting by Tommy Wilkes in London; Editing by Will Dunham, Frank Jack Daniel, Mark Heinrich and Andrea Ricci)

((herb.lash@thomsonreuters.com; 1-646-223-6019))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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FOREX-Euro expects best week since COVID-19 hit after ECB’s hawkish turn https://ardud.ro/forex-euro-expects-best-week-since-covid-19-hit-after-ecbs-hawkish-turn/ Fri, 04 Feb 2022 05:43:47 +0000 https://ardud.ro/forex-euro-expects-best-week-since-covid-19-hit-after-ecbs-hawkish-turn/ Band Alun John HONG KONG, February 4 (Reuters) – The euro was heading for its best week since March 2020 and testing a nearly three-month high after Thursday’s hawkish shift in the European Central Bank fueled speculation over the pace and timing of rate hikes. Although the ECB kept rates unchanged as widely expected, the […]]]>

Band Alun John

HONG KONG, February 4 (Reuters)The euro was heading for its best week since March 2020 and testing a nearly three-month high after Thursday’s hawkish shift in the European Central Bank fueled speculation over the pace and timing of rate hikes.

Although the ECB kept rates unchanged as widely expected, the euro climbed 0.26%, hitting as high as $1.468 in Asian trading on Friday in reaction to ECB President Christine Lagarde acknowledging the risks rising inflation rates and refusing to repeat previous forecasts that an interest rate hike this year was extremely unlikely.

Europe’s single currency rose 2.86% on the week, its best weekly gain since March 2020, when the pandemic began. A break above $1.1482, a level last seen on Jan. 14, would be the euro’s strongest since mid-November.

“Lagarde has opened the door to a new round of tightening starting with the ECB this year. The market has pushed in that direction a bit, but the fact that the president has acknowledged that is a big deal,” Rodrigo Catrill said. , senior FX strategist at National. Bank of Australia.

The ECB had been considered one of the most accommodating of the world’s major central banks.

Sterling GBP=D3 was at $1.361 after hitting a two-week high of $1.3626 on Thursday after the BoE raised rates by 25 basis points and nearly half of its policymakers wanted a bigger hike to contain runaway inflation .

As a result, the dollar index =USDmeasuring the greenback against six major peers, was at 95.169 after falling 2% this week – its biggest weekly decline since March 2020.

This is a sharp reversal after the index gained 1.65% a week earlier, when traders shifted positions as they braced for faster-than-expected rate hikes from the Federal Reserve. Markets are now pricing in five US rate hikes this year.

U.S. nonfarm payrolls data is due later Friday, though it is expected to show a sharp slowdown in job growth due to the spread of the Omicron strain of COVID-19 in January , the data will not be as crucial for the Fed as in the past, as the focus is more on inflation.

“We have told our clients that they should be prepared for more volatility in the currency markets and in the markets in general when the major central banks begin to enter a new price cycle, and that is what we we’ve seen dramatically in the dollar in recent weeks,” Catrill added.

“Markets are starting to wonder not only when (central banks) will go up, but more importantly how fast and how far they will go up. This is not just a Fed story now, it is also a Bank of England, a history of the ECB and even a history of the RBA.”

The governor of the Reserve Bank of Australia said Wednesday that a rate hike this year was possible, while saying there was a rare opportunity to achieve full employment that warranted patience.

Friday’s RBA monetary policy statement did little to change that picture, leaving the Australian dollar AUD=D3 at $0.7151.

The yen was at 114.88 to the dollar as yields on benchmark Japanese 10- and 5-year government bonds hit six-year highs at the start of trading in Tokyo, with analysts beginning to speculate that even the Bank of Japan may have to follow its peers and tighten monetary policy.

World exchange rateshttps://tmsnrt.rs/2RBWI5E

(Reporting by Alun John; Editing by Edwina Gibbs and Simon Cameron-Moore)

((alun.john@thomsonreuters.com;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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FOREX – Safe haven yen drops to month low as Omicron worries about ebb https://ardud.ro/forex-safe-haven-yen-drops-to-month-low-as-omicron-worries-about-ebb/ Tue, 28 Dec 2021 01:41:32 +0000 https://ardud.ro/forex-safe-haven-yen-drops-to-month-low-as-omicron-worries-about-ebb/ Band Kevin Buckland TOKYO, December 28 (Reuters) – The yen traded near a one-month low against the dollar on Tuesday as safe-haven stocks fell out of favor following the Wall Street rally to an all-time high overnight, with the uncertainty of ‘Omicron relegated to the background. Japanese currency weakened to 114.935 yen per dollar JPY […]]]>


Band Kevin Buckland

TOKYO, December 28 (Reuters)The yen traded near a one-month low against the dollar on Tuesday as safe-haven stocks fell out of favor following the Wall Street rally to an all-time high overnight, with the uncertainty of ‘Omicron relegated to the background.

Japanese currency weakened to 114.935 yen per dollar JPY = EBS for the first time since November 26, approaching the low of the year at 115.525 reached on November 24.

The S&P 500 .SPX closed at a record low on Monday after strong US retail sales data allayed concerns over the highly infectious variant of the Omicron coronavirus, which forced thousands of cancellations and flight delays during the holidays and stranded cruise ships.

The US dollar, also seen as a safe haven, continued to languish towards the bottom of its recent trading range against a peer basket, even after a hawkish tilt by the Federal Reserve that prompted policymakers to signal a three-quarter point interest rate. increases next year.

The dollar index = USD, which measures the currency against six major rivals, was little changed from the previous session at 96.076.

“Markets around the world are bullish” that Omicron will not derail an economic recovery, reducing demand for safe-haven currencies, primarily the yen, said Osamu Takashima, head of G10 FX strategy at Citigroup Global Markets Japan .

The rally in US stocks “implies that investor risk appetite must be very, very strong right now” despite expectations of a faster Fed tightening, he said.

The yen is expected to test its 2021 low in the near term, he predicted.

Sterling GBP = D3, which often rises as risk sentiment improves, held near the overnight high of $ 1.3445.

Australian dollar AUD = D3, often seen as a liquid indicator of risk appetite, climbed back to a three-week high of $ 0.6850 reached on Friday.

The euro EUR = EBS Consolidated near the top of its range against the dollar this month, little changed from Monday at $ 1.13255.

=================================================== ======

Price of currency offers at 0123 GMT

The description

RIC

Last

US Close previous session

PCT change

Percentage change for the current year

High offer

Low offer

Euro dollar

EUR = EBS

$ 1.1324

$ 1.1327

-0.02%

-7.31%

+1.1332

+1.1325

Dollar / Yen

JPY = EBS

114.8600

114.9100

+ 0.00%

+ 11.26%

+114.9450

+114.7800

Euro / yen

EURJPY = EBS

130.08

130.13

-0.04%

+ 2.49%

+130.2200

+130.0300

Dollar / Switzerland

CHF = EBS

0.9173

0.9178

-0.08%

+ 3.65%

+0.9176

+0.9165

Pound sterling / dollar

GBP = D3

1.3433

1.3442

-0.04%

-1.65%

+1.3442

+1.3434

Canadian dollar

CAD = D3

1.2794

1.2786

+ 0.05%

+ 0.46%

+1.2794

+1.2788

Australia / Dollar

AUD = D3

0.7233

0.7240

-0.08%

-5.95%

+0.7240

+0.7234

New Zealand dollar / Dollar

NZD = D3

0.6810

0.6815

+ 0.12%

-4.99%

+0.6817

+0.6823

All spots FX =

Tokyo spots AFX =

Points of Europe EFF =

Volatilities VOLFX =

BOJ Tokyo Forex Market Information TKYFX

Global exchange rateshttps://tmsnrt.rs/2RBWI5E

(Reporting by Kevin Buckland; Editing by Sam Holmes)

((Kevin.B Auckland@thomsonreuters.com;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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FOREX-Dollar Near Weekly Low As Omicron Fears Loose; read prolongs the rally https://ardud.ro/forex-dollar-near-weekly-low-as-omicron-fears-loose-read-prolongs-the-rally/ Thu, 23 Dec 2021 12:20:32 +0000 https://ardud.ro/forex-dollar-near-weekly-low-as-omicron-fears-loose-read-prolongs-the-rally/ Ddollar near weeklows, euro above $ 1.13 Risk appetite boosts the Aussie and the British pound Turkish lira extends massive rebound Chart: Global exchange rates https://tmsnrt.rs/2RBWI5E Updates throughout the additions chart LONDON, December 23 (Reuters) – the dollar indexflat near a weeklong low Thursday, as fears of the Omicron COVID variant fallout abated, increasing the […]]]>


Ddollar near weeklows, euro above $ 1.13

Risk appetite boosts the Aussie and the British pound

Turkish lira extends massive rebound

Chart: Global exchange rates https://tmsnrt.rs/2RBWI5E

Updates throughout the additions chart

LONDON, December 23 (Reuters)the dollar indexflat near a weeklong low Thursday, as fears of the Omicron COVID variant fallout abated, increasing the risk currencies such as Australian dollar and British pound.

Tthe dollar index, at 96.159 = USD, was unchanged during the day but close to its weakest since last Friday. The US dollar appreciated against the Japanese yen JPY = EBS – another safe haven currency – and was up 0.2% to 114.3, near Wednesday’s one-month high of 114.37.

Risk appetite has improved since Monday, when markets were rocked by government restrictions related to the spread of Omicron.

However, Wednesday’s data showed US consumer confidence improving more than expected in December, suggesting the economy will continue to grow in 2022 despite a resurgence in COVID-19 infections and a reduction in stimulus spending. .

A South African study during this time suggested reduced risk of hospitalization at Omicron the patients .

Australian dollar AUD = D3 rose 0.3% to $ 0.7238 after Wednesday’s 0.86% rise. The Norwegian krone strengthened to one-month highs against the dollar and euro NOK = D3, EURNOK = D3, also stimulated by soaring oil and gas prices.

The euro was stable around $ 1.1327 EUR = EBS but sterling GBP = D3 rose half a percent as inflation-adjusted gilt yields were boosted by markets pegging 100bp in UK rate hikes next year.

US real rates have stagnated since the Fed’s meeting in mid-December.

MUFG strategist Lee Hardman predicts that the correction in the US dollar will be short-lived.

“Wacky comments from Fed officials over the past week, including Fed Governor Waller and San Francisco Fed Chairman Daly, signaled that they were considering raising rates as soon as the FOMC meets. of March, “he added. said Hardman.

A turnaround could occur as early as this afternoon if the US PCE deflator hits new decades-long highs, confirming a faster Fed rate hike.

“Rampant core inflation will be the catalyst for a further significant upward adjustment in federal funds futures in favor of a stronger dollar,” ABC analysts told clients, while warning that the dollar could be further reduced if data suggests inflation is leveling off.

Elsewhere, the Turkish lira extended its surprising rebound this week, rising another one 12% at 10.6 per dollarTRY = D3>, having traded as low as 18.4 on Monday.

The big gains came after President Tayyip Erdogan said the government and the central bank would guarantee some local currency deposits against losses from currency depreciation.

Global exchange rateshttps://tmsnrt.rs/2RBWI5E

Real returnshttps://tmsnrt.rs/3qjNP3p

(Reporting by Tommy Wilkes and Sujata Rao; Additional reporting by Kevin Buckland in Tokyo; Editing by Andrew Heavens and Jane Merriman)

((saikat.chatterjee@thomsonreuters.com; + 44-20-7542-1713; Reuters messaging: saikat.chatterjee.reuters.com@reuters.net))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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FOREX-Euro gains on more positive global outlook; The Turkish lira holds its gains https://ardud.ro/forex-euro-gains-on-more-positive-global-outlook-the-turkish-lira-holds-its-gains/ Wed, 22 Dec 2021 11:41:04 +0000 https://ardud.ro/forex-euro-gains-on-more-positive-global-outlook-the-turkish-lira-holds-its-gains/ EPissing, the Aussie recovers, the dollar goes down again Turkish lira stabilizes in volatile week The market is evolving slowly as the volumes become scarce before the holidays Chart: Global exchange rates https://tmsnrt.rs/2RBWI5E Add details, latest prices LONDON, December 22 (Reuters) – The euro, Australian dollar and other currencies rallied against the US dollar as […]]]>


EPissing, the Aussie recovers, the dollar goes down again

Turkish lira stabilizes in volatile week

The market is evolving slowly as the volumes become scarce before the holidays

Chart: Global exchange rates https://tmsnrt.rs/2RBWI5E

Add details, latest prices

LONDON, December 22 (Reuters)The euro, Australian dollar and other currencies rallied against the US dollar as traders turned more positive about the economic outlook on Wednesday, even as Omicron business soared and investors braced for more. volatility.

The Turkish lira has stabilized and maintained its recent gains after a roller coaster ride in which it fell to a record low due to new measures by President Tayyip Erdogan to shield Turks’ economies from volatility.

Currency movements were largely limited, with lower trading volumes leading up to the holiday season.

After weakening earlier in the session, the euro was last up 0.1% to $ 1.13. EUR = EBS.

Australian dollar AUD = D3 lost up to 0.4% to $ 0.7121 and the New Zealand dollar NZD = D3 up to $ 0.6742, but both edged up at 11:15 a.m. GMT, supported by improving risk sentiment as oil and global equities advanced. MKTS / GLOB

The British pound gained 0.3% to $ 1.3316 GBP = D3, despite data showing that the UK economy grew more slowly than previously thought during the July-September period.

The dollar index = USD edged down 0.1% to 96.317, although it was still well within its recent ranges.

The weeks on either side of Christmas are generally low volatility for currencies and other asset classes, ING analysts said, although “this year some seasonal trends will be mixed with the Omicron variant threatening to impose new ones. restrictions and the markets are still dealing with a full week of key central bank decisions. “

Omicron continues to keep merchants on the lookout and infections are on the rise in Europe, the United States and Asia, forcing countries around the world to consider new travel restrictions and reimpose quarantine periods for inbound visitors .

But markets are increasingly confident that Omicron’s economic benefits will be limited.

In emerging markets, the Turkish lira TRY = D3 stabilized after closing 6% higher on Tuesday, after falling 8.6% and rising 18.5%. It was last down around 1.4% to 12.57 per dollar, but held onto most of its gains after the government decided to protect deposits.

“The political action has been described as raising rates for retail deposits. However, it will shift currency risks onto the government’s balance sheet,” said Lee Hardman, analyst at MUFG.

He added that the plans were unlikely to “give the government much time before the pound resumes its decline, unless there is a fundamental shift to tighter political parameters to restore stability. “.

Global exchange rateshttps://tmsnrt.rs/2RBWI5E

(Reporting by Tommy Wilkes; Editing by Frank Jack Daniel and Alexander Smith)

((saikat.chatterjee@thomsonreuters.com; + 44-20-7542-1713; Reuters messaging: saikat.chatterjee.reuters.com@reuters.net))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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FOREX-Dollar Rises As Markets Digest News From Central Bank, Look To Year End https://ardud.ro/forex-dollar-rises-as-markets-digest-news-from-central-bank-look-to-year-end/ Fri, 17 Dec 2021 15:12:47 +0000 https://ardud.ro/forex-dollar-rises-as-markets-digest-news-from-central-bank-look-to-year-end/ By David Henry and Iain Withers NEW YORK / LONDON, December 17 (Reuters) – The dollar rose on Friday as markets approached the end of a busy week in which major central banks presented plans to lift the pandemic-era stimulus measures. The greenback got a boost in morning trading in New York after a Federal […]]]>


By David Henry and Iain Withers

NEW YORK / LONDON, December 17 (Reuters)The dollar rose on Friday as markets approached the end of a busy week in which major central banks presented plans to lift the pandemic-era stimulus measures.

The greenback got a boost in morning trading in New York after a Federal Reserve official said in a TV interview that the Fed would gain “optionality” to raise interest rates in 2022 by putting end of bond purchases by March.

Central banks are moving at different speeds to adjust their monetary policies, highlighting deep uncertainties about how the rapidly spreading variant of the Omicron coronavirus will hit the global economy and how high and persistent inflation will be.

The dollar index = USD was up 0.2% on the day to 96.1970. The Euro and British Pound fell around 0.3% after the previous two days’ gains to settle at $ 1.1299 EUR = EBS and $ 1.3284, GBP = D3 respectively, at 1454 GMT.

Fed official John Williams, chairman of the Federal Reserve Bank of New York, appeared on CNBC in one of the few events scheduled for Friday on market interest after two intense days of central bank meetings and comments on monetary policies and economies.

With the meetings over, “we believe there will be little informative value in price action in the coming days,” TD Securities strategists said in a note to clients.

“The USD may consolidate until the end of the year as the forex markets remove some residual excess positioning / value,” they added.

While the dollar index on Friday was down about 0.7% from November’s high, it is still up 7% since May.

The Bank of England on Thursday became the first G7 economy to hike rates since the pandemic while the European Central Bank announced the end of its emergency pandemic asset purchase program next March, while promising plentiful support for as long as needed via its long-running asset purchase program.

Their measures came after the Fed decided on Wednesday to end its bond purchases earlier than expected, paving the way for three quarter-percentage point interest rate hikes next year.

“It looks like the Fed forecasting three hikes for 2022 and (seemingly) optimistic about economic prosperity – even in the face of Omicron – has allowed other central banks to take a more belligerent turn,” Chris Weston, head of research at Pepperstone brokerage, wrote in a report.

Yen JPY = EBS appreciated against the dollar to 113.345. The Bank of Japan on Friday canceled its emergency pandemic funding, but maintained an ultra-accommodative policy, cementing expectations that it will remain among the more accommodating central banks.

Cryptocurrency bitcoin BTC = BTSP slipped 4% to $ 45,904.

=================================================== ======

Currency bid price at 9:54 am (1454 GMT)

The description

RIC

Last

US Close previous session

PCT change

Percentage change for the current year

High offer

Low offer

Dollar index

= USD

96.1970

95.9770

+ 0.25%

6.908%

+96.2630

+95.8750

Euro dollar

EUR = EBS

$ 1.1299

$ 1.1331

-0.28%

-7.52%

+1.1349 $

+1,1293 $

Dollar / Yen

JPY = EBS

113.3450

113.7100

-0.32%

+ 9.70%

+113.8550

+113.1450

Euro / yen

EURJPY =

128.07

128.82

-0.58%

+ 0.91%

+128.9700

+128.0300

Dollar / Switzerland

CHF = EBS

0.9210

0.9194

+ 0.18%

+ 4.11%

+0.9213

+0.9175

Pound sterling / dollar

GBP = D3

$ 1.3284

$ 1.3323

-0.29%

-2.77%

+1.3339 $

+1.3273 $

Canadian dollar

CAD = D3

1.2833

1.2772

+ 0.49%

+ 0.79%

+1.2841

+1.2773

Australia / Dollar

AUD = D3

$ 0.7159

$ 0.7183

-0.33%

-6.94%

+ $ 0.7183

+ $ 0.7149

Euro / Switzerland

EURCHF =

1.0405

1.0413

-0.08%

-3.72%

+1.0420

+1.0398

Euro / Pound

EURGBP =

0.8505

0.8501

+ 0.05%

-4.86%

+0.8528

+0.8494

New Zealand dollar / Dollar

NZD = D3

$ 0.6763

$ 0.6802

-0.61%

-5.86%

+ $ 0.6801

+ $ 0.6755

Dollar / Norway

NOK = D3

9.0010

9.0045

-0.02%

+ 4.84%

+9.0195

+8.9700

Euro / Norway

EURNOK =

10.1715

10.1801

-0.08%

-2.82%

+10.2108

+10.1590

Dollar / Sweden

SEK =

9.0968

9.0371

+ 0.42%

+ 10.99%

+9.1052

+9.0182

Euro / Sweden

EURSEK =

10.2788

10.2363

+ 0.42%

+ 2.01%

+10.2870

+10.2256

Global exchange rateshttps://tmsnrt.rs/2RBWI5E

(Reporting by David Henry in New York and Iain Withers in London Additional reporting by Kevin Buckland in Tokyo Editing by Kirsten Donovan, Andrew Heavens and Frances Kerry)

((David.Henry@thomsonreuters.com; + 1-332-219-1974;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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