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Dollar gains on rising US yields, British inflation lifts pound

Illustration shows U.S. dollar banknotes

The dollar strengthened on Wednesday, lifted by rising Treasury yields, though the pound gained against the greenback after British inflation stayed above 10% in March and put more pressure on the Bank of England to keep raising rates.

Dollar rebounds on higher expectations for Fed hike in May

Against a basket of currencies, the U.S. dollar index rose 0.15% to 101.82, standing some distance away from Friday's one-year low of 100.78.

A U.S. one dollar banknote is seen in this illustration

Dollar struggles near 2-month low on weak data; focus on RBNZ

The U.S. dollar was stuck near two-month lows on Wednesday as weak economic data bolstered views that the Federal Reserve is near the end of its monetary tightening cycle.

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Dollar steady as banking crisis fears keep investors jittery

The dollar was firm on Monday, while the yen hovered near its seven-week peak as investors assessed moves made by authorities and regulators to rein in worries over the global banking system.

Dollar subdued as traders eye Powell testimony, jobs report

The U.S. dollar made a tentative start to the week on Monday as investors awaited testimony from Federal Reserve Chair Jerome Powell and looked towards for a February jobs report that will likely influence how hawkish the U.S.

U.S. dollar and euro banknotes are seen in this picture illustration

Dollar's renewed strength temporary, weakness ahead, FX analysts say: Reuters poll

Unfazed by the dollar's recent strength, analysts polled by Reuters predict a weaker greenback in a year amid an improving global economy and expectations the U.S.

Photo illustration of one hundred dollar notes in Seoul

Dollar rally loses steam as traders wait on Fed, data

The dollar was parked below recent peaks on Tuesday, as a three-week rally faded and traders waited on economic data to figure on whether it's warranted to push the dollar up any further.

German inflation surprise hits brakes on dollar's slide

The euro nursed losses on Wednesday and has helped the dollar to make a strong start to 2023, after a surprise slowdown in German inflation rallied bunds and sent the common currency sliding.

U.S. one hundred dollar notes are seen in this picture illustration

Dollar creeps up in subdued start to new year

The dollar edged up on Monday, pulling away from recent six-month lows against a basket of major currencies.

Dollar retreats as risk appetite improves; Australia, NZ currencies rise

The dollar moved broadly lower on Tuesday while Australia and New Zealand's currencies jumped as risk appetite grew after China said it will scrap its COVID quarantine rule for inbound travellers - a major step towards easing curbs on its borders.

Dollar falters as investors challenge Fed's hawkishness

The dollar was on the back foot on Thursday, even as the Federal Reserve kept to its hawkish rhetoric after raising rates by half a percentage point, as investors were doubtful over how much the central bank would commit to putting the brakes on growth to curb inflation.

Dollar rises as inflation pressures persist; FOMC meeting in focus

The dollar firmed on Monday after data showed producer prices in the United States rose more than expected last month, pointing to persistent inflationary pressures and stoking fears the Federal Reserve would need to keep rates higher for longer.

Illustration shows U.S. Dollar and Euro banknotes

Dollar slips on recession fears, central bank meetings loom

The dollar eased on Friday as worries over a slowdown in the United States mounted, with traders on guard ahead of a slew of central bank meetings next week, where the Federal Reserve takes centre stage.

Dollar edges up as darkening growth outlook hurts sentiment

The dollar crept higher on Wednesday as top executives from the biggest U.S. banks warned of an impending recession, which dampened risk appetite and kept the greenback supported.

File photograph shows an employee walking over a mosaic depicting pound sterling symbols on the floor of the front hall of the Bank of England in London

Defiant pound sees biggest monthly rise since 2020 - but still trails most peers

The pound has pulled off its biggest monthly increase against the U.S.

Chinese Yuan and U.S. dollar banknotes are seen behind illuminated stock graph in this illustration

The Yuan's the new dollar as Russia rides to the redback

Chinese entrepreneur Wang Min is delighted about Russia's embrace of the yuan.

Dollar rises broadly, Yuan slumps as China's COVID unrest rattles sentiment

The dollar gained broadly on Monday as protests against COVID restrictions in China stoked uncertainty and dented sentiment, sending the yuan sliding and pushing nervous investors toward the safe-haven greenback.

Pound Sterling notes and change are seen inside a cash resgister in a coffee shop in Manchester

COVID in China sets sterling for biggest daily fall in two weeks

Sterling slipped against a strengthening U.S. dollar on Monday as global risk sentiment was dented by rising COVID-19 cases in China, which led to new restrictions in the world's second largest economy.

Tokyo Stock Exchange temporarily suspended all trading due to system problems

Marketmind: Don't doubt the dollar

A look at the day ahead in Asian markets from Jamie McGeever.

Dollar on track for weekly gain as Fed pushes back on pivot

The dollar was headed for its best week in a month on Friday, as hawkish remarks from Federal Reserve officials and stronger-than-expected retail sales data have put the brakes on a pullback that was triggered by signs of softening inflation.