3 Min Read
TOKYO (Reuters) - The dollar nursed losses on Thursday, holding near a three-week low against a basket of currencies as U.S. bond yields pulled back from last month’s surge with investors buying the Federal Reserve’s arguments that interest rates can stay low.
The dollar index dipped to a four-week low of 91.571 overnight and last stood at 91.601.
The euro traded at $1.19845, near its highest level in four weeks and having gained 2.2% so far this month.
The dollar changed hands at 108.93, after hitting a three-week low of 108.755 on Wednesday.
“The dollar has been losing steam a bit in line with falls in U.S. bond yields as the Fed has maintained it dovish stance,” said Yujiro Goto, chief currency strategist at Nomura Securities.
Thursday, 15 Apr 2021 09:41 AM MYT
The dollar changed hands at 108.93, after hitting a three-week low of 108.755 yesterday. Reuters pic
Subscribe to our Telegram channel for the latest updates on news you need to know.
TOKYO, April 15 The dollar nursed losses today, holding near a three-week low against a basket of currencies as US bond yields pulled back from last month’s surge with investors buying the Federal Reserve’s arguments that interest rates can stay low.
The dollar index dipped to a four-week low of 91.571 overnight and last stood at 91.601.
The euro traded at US$1.19845, near its highest level in four weeks and having gained 2.2 per cent so far this month.
4 Min Read
TOKYO (Reuters) - The U.S. dollar sank to a new four-week low versus major peers on Thursday as Treasury yields pulled back from last month’s surge, with investors increasingly convinced by the Federal Reserve’s arguments that interest rates will stay low for some time.
FILE PHOTO: A U.S. Dollar banknote is seen in this illustration taken May 26, 2020. REUTERS/Dado Ruvic/Illustration
The Russian rouble sank more than 1% to 76.65 per dollar on reports the U.S. will announce sanctions on Russia as soon as Thursday for alleged election interference and malicious cyber activity.
The dollar index, which tracks the greenback against six rival currencies, dipped to the lowest since March 18 at 91.559 in the Asian session before recovering to be basically flat at 91.666.
4 Min Read
TOKYO (Reuters) - The U.S. dollar sank to a new four-week low versus major peers on Thursday as Treasury yields pulled back from last month’s surge, with investors increasingly convinced by the Federal Reserve’s arguments that interest rates will stay low for some time.
FILE PHOTO: A U.S. Dollar banknote is seen in this illustration taken May 26, 2020. REUTERS/Dado Ruvic/Illustration
The Russian rouble sank more than 1% to 76.65 per dollar on reports the U.S. will announce sanctions on Russia as soon as Thursday for alleged election interference and malicious cyber activity.
The dollar index, which tracks the greenback against six rival currencies, dipped to the lowest since March 18 at 91.559 in the Asian session before recovering to be basically flat at 91.666.
Dollar dips to four-week low as yields pull back; rouble sinks | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.