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Markets 1 year ago
Euro wobbles as political turmoil dents sentiment; bitcoin scales $100,000
The euro was subdued on Thursday after the widely expected collapse of the French government, stoking worries about the region's second-biggest economic power, while bitcoin galloped past US$100,000 for the first time.
Markets 1 year ago
Dollar soars with bitcoin as Trump trade ramps up; euro, yuan battered
The US dollar traded close to a four-month peak versus major peers on Tuesday, while bitcoin extended its record rally as investors continued to pile into trades seen as benefiting from the incoming Donald Trump administration.
Markets 1 year ago
Dollar slips ahead of US election and as Fed rate cut looms
The dollar slipped in Asia on Monday as investors braced for a potential pivot this week for the global economy as the United States chooses a new leader, and as it likely cuts interest rates again with major implications for bond yields.
Markets 1 year ago
Dollar on a roll after US jobs data and Middle East flare-up
Japan's yen fell to its lowest in nearly two months and other major currencies too were grappling with losses early on Monday as the dollar extended a rally sparked by Friday's strong US jobs data and an escalation in the Middle East conflict.
Markets 1 year ago
Dollar droops, gold at record high as bets for big Fed cut ramp up
The dollar on Friday slumped against the yen while gold hit an all-time peak as investors ratcheted up bets for a super-sized Federal Reserve interest rate cut next week after media reports suggested the decision was a tough one for officials.
