By Saikat Chatterjee LONDON, Sep 24 : The dollar edged higher on Monday, snapping a two-week losing streak, as investors bought the greenback before a widely expected interest rate hike by the U.S. central bank this week while trade war concerns checked investor appetite for risk. The dollar had struggled as trade war concerns faded […]
Category: Dollar
U.S. may aid Liberia in search for missing millions
By Alphonso Toweh and James Giahyue MONROVIA, Sept 21 : The U.S. government is considering helping Liberia track down more than $100 million in missing cash, an embassy spokesman said, in a case that has triggered a political crisis in the impoverished country. Several shipments of freshly printed Liberian dollars ordered from abroad by the […]
Recovery grows strong, Hong Kong dollar goes wild
By Marc Jones LONDON, Sept 21 : Emerging markets extended their recovery on Friday, as what looked set to be a marquee week for South Africa’s rand and the best day for Chinese stocks in over two years helped sweep away some of the recent gloom. The day’s surprise came from the closely-controlled Hong Kong […]
Dollar slides to seven-week low as trade war fears ebb
By Tom Finn LONDON, Sep 20 : The dollar fell to a seven-week low against a basket of major currencies on Thursday as concerns about the impact of a trade row between China and the United States ebbed. Currency markets have become more settled since reacting strongly to new tariffs announced by Washington and Beijing […]
Gold steady as easing trade concerns hurt dollar
By Maytaal Angel LONDON, Sep 20 : Gold steadied on Thursday as the dollar slumped, its safe-haven appeal lessened by fading fears over Sino-U.S. trade tensions and as investors opted for assets perceived as more risky, like stocks. The dollar hit a fresh seven-week low against a basket of major currencies, while world stocks inched […]
Dollar stuck near seven-week low as trade war worries fade
By Tom Finn LONDON, Sep 20 : The dollar hovered near a seven-week low against a basket of major currencies on Thursday, its safe-haven appeal lessened by fading fears about a trade row between China and the United States. After a knee-jerk reaction to new tariffs announced by Washington and Beijing on Tuesday, currency markets […]