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| Friday 10th February 2012 News: | |||||||
| Dollar stable as dealers eye Fed minutes LONDON (AFP) - The dollar steadied against the yen and the euro before publication of minutes from the US Federal Reserves's latest interest rate meeting. Dollar higher against euro, yen after a slew of economic data NEW YORK The dollar rose against the euro and yen Thursday after Washington released generally upbeat data and the European Central Bank hinted at an upcoming interest rate hike. The euro b... Dollar firms as Fed set to begin rate meeting (AFP) LONDON (AFP) - The dollar climbed against the euro and yen on Tuesday before the start of the Federal Reserve's two-day meeting on US interest rates. The dollar ended the week up against the yen and the franc The dollar ended the week up against the yen and the franc, flat versus the euro and down against the pound. Given that the G7 meeting had no choice but to drop the reference to stronger yen and yuan, which had intended to pursue, and called instead for greater exchange rate flexibility, the dollar rose early on Monday. The lack of direction will persist this week as well, so perhaps the crosses should prove more profitable, but the bias is bullish for the dollar. Past Week's Data and Events Dollar buoyed by fading US rate cut fears The dollar firmed against the euro and the yen yesterday, supported by receding concerns of an impending reduction in US interest rates, dealers said. Dollar buoyed by fading US rate cut fears (AFP) LONDON (AFP) - The dollar firmed against the euro and the yen on Friday, supported by receding concerns of an impending reduction in US interest rates, dealers said. U.S. dollar climbs against euro, yen NEW YORK -- The dollar rose against the euro and yen Thursday after Washington released generally upbeat data and the European Central Bank hinted at an upcoming interest rate hike. | |||||||
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