By Rae WeeThe dollar got a boost from a sharp rise in Treasury yields and pushed the yen to a 40-year trough on Wednesday, as traders braced for a crucial U.S. jobs report and ramped up bets on an imminent Federal Reserve rate hike.The dollar rose to a fresh top of 162.77 yen FX_IDC:USDJPY in the e…
WASHINGTON (dpa-AFX) - The U.S. Dollar value ended roughly flat as expectations of a near-term interest hike by the U.S. Federal Reserve increase while data on job openings indicated a two-year-high indicating resilience in the economy. The increase in shipping traffic across the Strait of Hormuz l…
By Karen Brettell and Alun JohnThe dollar gained on Tuesday, pushing the yen to its lowest levels since 1986 and raising expectations that Tokyo may be close to direct intervention.The U.S. dollar climbed to as high as 162.66 yen and was last up 0.4% at 162.59. Japanese Finance Minister Satsuki Kat…
Treasury yields and the dollar keep rising after a batch of somewhat reassuring U.S. indicators. The Conference Board consumer confidence index ticks higher to 91.2, although below WSJ consensus of 94.2. May job openings were unchanged at 7.6 million. Fed funds futures price in 83% odds of at least…
The dollar index was at 101.1 on Tuesday, holding the pullback from the 15-month high of 101.6 on June 24th as lower risks of rampant inflation eased the magnitude of rate hikes expected by the Federal Reserve.Satellite data indicated that the traffic of tankers leaving the Persian Gulf with cargoe…
The dollar could ease if Thursday's U.S. nonfarm payrolls report is weaker than expected, TD Securities strategists say in a note. "We think dollar strength is nearing a peak, absent reacceleration in U.S. data beyond our baseline of stability." A payrolls print that trails expectations would confi…
CLEVE FED'S HAMMACK Q&A/CNBC ENDED
CLEVE FED'S HAMMACK Q&A/CNBC: SEE MORE BROAD-BASED INFLATION PRESSURE BEYOND ENERGY; SEE INSURANCE, ELECTRICITY, DATA CENTER BUILDUP, HOUSING
CLEVE FED'S HAMMACK (VOTER) Q&A/CNBC: INFLATION TOO HIGH; MAY NEED HIGHER INTEREST RATES; TO MAKE DECISION BASED ON DATA
By Karen Brettell and Alun JohnThe dollar gained on Tuesday and pushed the yen to its lowest levels since 1986, heightening expectations that direct intervention from Tokyo may be near and also putting the euro under pressure.The U.S. dollar climbed to as high as 162.50 yen and was last at 162.42…
CANBERA (dpa-AFX) - Markets welcomed the final trading session of the June quarter on a mixed note amidst a strength in technology stocks and anxiety ahead of economic data releases from the U.S. Market spotlight is also on the JOLTs data release due on Tuesday morning, comments from Federal Reserv…
MORE U.S. MAY JOLTS: TOTAL PRIVATE HIRES -77K, FINANCE & INSURANCE +2K, MANUFACTURING -1K, CONSTRUCTION -24K
MORE U.S. MAY JOLTS: MANUFACTURING OPENINGS +33KM, CONSTRUCTION +32K
MORE U.S. MAY JOLTS: FINANCE & INSURANCE OPENINGS -69K, INFORMATION -6K
US CONFERENCE BOARD: CONSUMERS PLANNING MORE SPENDING ON SERVICES OVER THE NEXT SIX MONTHS SHIFTED FROM “NO” TO “MAYBE” IN JUNE
MORE U.S. MAY JOLTS: HEALTH CARE & SOCIAL ASSISTANCE OPENINGS -115K, FEDERAL GOV'T -14K
US CONFERENCE BOARD: PLANS TO BUY BIG-TICKET ITEMS OVER THE NEXT SIX MONTHS IMPROVED SLIGHTLY FROM “NO” TO “MAYBE”
MORE U.S. MAY JOLTS: LAYOFFS +41K M/M TO 1.708 MILLION, RATE UP TO 1.1% FROM 1.0% IN APRIL
US CONSUMER AVG. 1-YEAR INFLATION EXPECTATION 6.0% IN JUNE VS. 6.2% IN MAY
MORE U.S. MAY JOLTS: QUITS +22K M/M TO 3.065 MILLION, RATE UNCHANGED AT 1.9%
