EghtesadOnline: The dollar on Friday posted its best weekly performance in more than seven months after strong U.S. retail sales and producer prices data for September reinforced expectations the Federal Reserve would raise interest rates in December.
EghtesadOnline: Chicago Federal Reserve Bank President Charles Evans said he would be "fine" with raising U.S. interest rates by year end if U.S. economic data continued to come in firm, though any further moves would need to see inflation accelerating.
EghtesadOnline: Asian shares shrugged off a sluggish start and pushed higher on Tuesday, with Japanese markets leading the way after an upbeat U.S. manufacturing survey bolstered the dollar.
EghtesadOnline: The dollar traded near a two-week high against a basket of major currencies on Monday after U.S. consumer prices rose more than expected in August, bolstering expectations that the Federal Reserve would raise interest rates this year.
EghtesadOnline: The dollar strengthened and government bonds fell as investors awaited a batch of U.S. economic data for clues on the strength of the world’s biggest economy and the trajectory of interest rates before next week’s Federal Reserve meeting.
EghtesadOnline: Emerging-market stocks and currencies rallied after a slew of weak U.S. economic data quelled speculation the Federal Reserve will raise interest rates this month. European equities held near an eight-month high.
EghtesadOnline: Wall Street will fixate on a wave of U.S. economic data next week, crested by payrolls data on Friday that could sway expectations about the timing of future interest rate hikes and spark volatility in record-high stock prices.
EghtesadOnline: The dollar hit a one-month low against the yen on Tuesday, staying on the defensive after recent U.S. economic data were seen likely to limit the prospects of a near-term Fed interest rate hike.
EghtesadOnline: Soft U.S. economic data weighed on the dollar and Treasury yields on Friday and pressured stock prices, but Wall Street's losses were mitigated by continued gains in oil prices and the Nasdaq inched up for a second straight record high.
EghtesadOnline: The dollar is set to fall 5 percent in the next few months, the Federal Reserve isn’t raising interest rates anytime soon and U.S. economic data is only going to get worse.