The dollar is little changed overall against its major competitors at the start of the new trading week. With U.S. equity and bond markets closed today for the Martin Luther King Jr. holiday, there has been little news to drive trading. Investors will be watching for a batch of U.S. housing data later this week.
The dollar is up against all of its major competitors on Friday, after consumer prices for December turned in their biggest drop in six years. The U.S. currency rallied after the report, but began to gave back some of those gains after consumer sentiment jumped to an 11-year high. Reflecting another sharp drop in energy
The Japanese yen continued to advance against the other major currencies in the Asian session on Tuesday, as investors were worried about the continuing slide in crude oil prices, which increased the demand for the safe haven currency. The benchmark Nikkei 225 index is currently down 323.01 points or 1.88 percent at 16,874. Crude oil
The Australian dollar extended strength against its most major counterparts in late Asian deals on Monday, as mixed U.S. jobs data for December raised hopes that the Federal Reserve is likely to remain patient about raising short-term interest rates. While the U.S. economy added 252,000 jobs in December, marking the strongest year of job growth
The Canadian dollar fell against its most major rivals in European deals on Friday, as oil prices slipped after weak PMI reports from Eurozone and China, and as concerns over supply glut weighed. Crude for February delivery fell $0.81 to $52.46 per barrel. Eurozone’s manufacturing activity grew at a slower-than-estimated rate in December, final figures
