By Peter Nurse Investing.com - The dollar traded higher in early European trade Wednesday, helped by a jump in U.S. yields ahead of a massive bond auction and amid hopes that the coronavirus outbreak is coming under control. At 3:10 AM ET (0710 GMT), the Dollar Index, which tracks the greenback...
By Saqib Iqbal Ahmed NEW YORK (Reuters) - Some investors are worried the U.S. response to the coronavirus pandemic is dealing a body blow to the dollar, potentially accelerating what has so far been a slow erosion in the greenback's status as the world's dominant reserve currency. Investors and analysts, including...
(Bloomberg) -- Several international banks failed to close their lira positions with Turkish counterparts on Tuesday, an outcome of policies that are keeping a lid on local-currency liquidity offshore, according to people familiar with the matter. Foreign lenders were unable to meet lira obligations as the cost of borrowing in the currency jumped...
By Peter Nurse Investing.com - The euro has been in demand in early European trade Wednesday, hitting a four-month high after Federal Reserve Governor Lael Brainard hinted at a need for an even easier monetary policy in the U.S. The dollar also suffered more broadly from a rise in risk appetite...
By Hideyuki Sano TOKYO (Reuters) - The euro rose to a four-month high against the dollar on Wednesday on hopes European Union leaders may agree on stimulus and deepening fiscal integration to shield the economy from the pandemic. The dollar was on the defensive, particularly against other growth-leveraged currencies such as...
By Peter Nurse Investing.com - The euro posted gains in early European trade Monday, helped by signs of a German economic recovery and well as hopes of more stimulus for the region in the near future.  At 3 AM ET (0700 GMT), EUR/USD gained 0.4% to 1.1294, while EUR/GBP climbed 0.3% to 0.9032. German factory orders rose 10.4%...

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