The dollar was content to consolidate in Asia on Thursday after recovering from ...
SYDNEY - The dollar was content to consolidate in Asia on Thursday after recovering from a brief spill overnight when markets were whipsawed by mixed messages on policy from the Federal Reserve.
The dollar had taken an initial knock from a surprisingly sharp retreat in the ISM index of manufacturing to 52.8, which overshadowed a strong ADP report on hiring. The net result was a rebound in a dollar index against a basket of currencies, leaving it last at 97.606 compared to a low of 97.149 on Wednesday.
As the dust settled, the market had scaled back a little of its wagers for Fed rate cuts this year with 2.25 percent implied for December.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Dollar underpinned in Asia as Fed clips doves' wingsThe dollar took a breather in Asia on Thursday after recovering from a brief spi...
Leer más »
New Zealand dollar hit by jobs data; investors eye Fed meetingThe New Zealand dollar fell on Wednesday after weak jobs data heightened expecta...
Leer más »
Australian dollar slips as China data hits riskThe Australian dollar led risk assets lower in Asia on Tuesday after a survey on...
Leer más »
Australian dollar slips as China data hits riskThe Australian dollar led risk assets lower in Asia on Tuesday after a survey on...
Leer más »
Asia shares subdued, dollar pins hopes on U.S. GDPAsian shares got off to a subdued start on Friday, while the dollar held near tw...
Leer más »
Asia shares doze off, dollar perky on GDP hopesAsian shares drifted off in sleepy trade on Friday, while the dollar held around...
Leer más »
Asia shares set for weekly loss, dollar perky on GDP hopesAsian shares were headed for their biggest weekly loss in more than a month on F...
Leer más »
Euro hovers near 23-month lows as dollar bulls eye U.S. GDP dataThe euro hovered near its weakest level since May 2017 on Friday as traders wait...
Leer más »
This is the biggest threat to soaring tech stocks, says Bank of AmericaOur call of the day, from Bank of America Merrill Lynch seeks to cool those feverish brows, worried that seemingly unstoppable tech stocks could be nearing a...
Leer más »
White House economic advisor Larry Kudlow says Fed should still cut rates despite 3.2% GDP growthThe U.S. economy is off to its best start to a year since 2015 and White House economic adviser Larry Kudlow believes it means the Federal Reserve should cut interest rates.
Leer más »
Dollar hovers near two-year high, U.S. GDP awaitedThe dollar hovered near a two-year high against its peers on Friday, supported b...
Leer más »