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Dollar gains broadly on growing view of Dec Fed rate rise NEW YORK: The dollar rose on Monday against major currencies as markets grow more convinced the Federal Reserve will raise interest rates next month and investor worries faded over Friday night's attacks in Paris.The euro euro was off 0.6 percent versus the greenback at $1.0710, having pared losses from a near 6-1/2-month low overnight."I'd say market's taking relatively in stride what happened in Paris. The euro has been hit for sure, but it's well off the lows," said Marc Chandler, global head of currency strategy at Brown Brothers Harriman & Co. in New York.Even before the attacks in Paris, the euro had been under pressure from expectations the European Central Bank will step up monetary easing next month, possibly cutting interest rates deeper into negative levels and buying more assets under its quantitative easing program."There is some caution ruling markets as we have seen with the reaction to stock markets. ...

Dollar slips again, but traders expect gains before long NEW YORK: The US dollar dropped for a second day on Thursday as investors booked profits from its precipitous rise in November, sending other major currencies higher.The dollar fell against the euro, yen and Swiss franc, but analysts remained bullish on the longer-term view of the greenback."It's just a bit of profit-taking," said Juan Perez, foreign currency trader at Tempus Consulting. "The one thing that's inevitable is for the dollar to rise."The U.S. dollar has ...
Dollar falls, but investors still bullish on greenback long-term NEW YORK: The dollar fell against major currencies on Thursday as investors booked profits on its recent gains, but the longer-term view on the greenback remained bullish.Investors' paring short positions in the euro put pressure on the dollar, analysts said."I just think what we're in the midst of here is a classic short squeeze," said Richard Franulovich, senior currency strategist at Westpac Banking Corp. in New York."The euro has fallen dramatically in the last month ...
Dollar edges lower, retreating from multi-month highs NEW YORK: The dollar retreated on Wednesday from the previous day's multi-month highs against the euro and other major currencies in a lightly traded session due to the U.S. Veterans Day holiday.The greenback has been strong of late in anticipation of a Federal Reserve interest rate increase in December, a belief fortified by last week's unexpectedly strong data on U.S. employment. Strategists said the modest decline was related more to technical factors in light trading."The ...
Dollar rises to multi-month highs vs euro, Swiss franc NEW YORK: The dollar climbed on Tuesday to touch a 6-1/2-month high against the euro and a seven-month peak against the Swiss franc, propelled by expectations of divergent interest rate moves from the Federal Reserve and European Central Bank.A surprise increase in U.S. wholesale inventories in September and revised upward numbers for August suggested the government's third-quarter economic growth estimate could be increased.Bullish bets on the dollar have grown as an improving economy have bolstered ...
Dollar hits new 7-month high, soars vs euro NEW YORK: The dollar touched fresh seven-month highs on Tuesday, bolstered by widening rate differentials in favor of U.S. Treasuries on expectations the Federal Reserve will raise interest rates next month.The dollar index hit its highest since April, rising 0.5 percent to 99.469, outpacing Friday's post-jobs report highs.Friday saw the dollar up sharply after the government's U.S. non-farm payroll report showed a rise of 271,000 last month, far exceeding the 180,000 new jobs for October ...
C$ edges lower on weaker oil, global growth concerns TORONTO: The Canadian dollar was slightly weaker against the US dollar on Tuesday, as crude oil prices slipped and weak Chinese inflation data fed concern about the global growth outlook.At 8:49 a.m. ET (1349 GMT), the Canadian dollar was trading at C$1.3286 to the greenback, or 75.27 US cents, slightly weaker than the Bank of Canada's official close of C$1.3275, or 75.33 US cents on Monday.The currency's strongest level of the session was C$1.3250, while ...


Index Closing Chg%
Arrow DJIA 17,813.39 0.01
Arrow Nasdaq 5,116.15 0.26
Arrow S&P 2,088.87 0.01
Arrow FTSE 6,337.64 0.96
Arrow DAX 11,169.54 2.15
Arrow CAC-40 4,892.99 1.51
Arrow Nikkei 19,847.58 0.39
Arrow H.Seng 22,498.00 0.40
Arrow Sensex 25,775.74 0.17

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WeeklyNovember 23, 2015
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