Forex News
The dollar held losses against most of its 16 major peers from yesterday on prospects Federal Reserve Chair Janet Yellen will underscore expectations that the central bank will maintain stimulatory policies.
Brazil’s real rose to a one-month high as Finance Minister Guido Mantega said the currency is back to normal after recovering losses.
Colombia’s treasury has ample ammunition to continue buying dollars alongside the central bank to weaken the peso, Finance Minister Mauricio Cardenas said.
Prices paid to American factories and service producers rose in April by the most in more than a year, indicating a diminishing risk of deflation as demand improves.
The pound fell from the strongest in 16 months against the euro as traders pushed back forecasts for when the Bank of England will raise interest rates after Governor Mark Carney said there remains slack in the economy.
South Korea’s government notes advanced, sending the 10-year yield to the lowest level in more than six months, as bets Europe will ease monetary policy drove global bonds higher.
Pound bulls still have reason to be optimistic following the Bank of England’s attempts to temper interest-rate expectations, according to banks from Bank of New York Mellon to Mizuho Bank Ltd.
The dollar fell against a basket of major peers for the first time in four days as Treasury yields declined on speculation the European Central Bank will introduce easing measures to boost the region’s economy.
Palladium futures jumped to the highest since August 2011 on concern that supplies will be disrupted in South Africa, the world’s second-largest producer. Platinum also gained.
The dollar held losses against most of its 16 major peers from yesterday on prospects Federal Reserve Chair Janet Yellen will underscore expectations that the central bank will maintain stimulatory policies.
Brazil’s real rose to a one-month high as Finance Minister Guido Mantega said the currency is back to normal after recovering losses.
Colombia’s treasury has ample ammunition to continue buying dollars alongside the central bank to weaken the peso, Finance Minister Mauricio Cardenas said.
Prices paid to American factories and service producers rose in April by the most in more than a year, indicating a diminishing risk of deflation as demand improves.
The pound fell from the strongest in 16 months against the euro as traders pushed back forecasts for when the Bank of England will raise interest rates after Governor Mark Carney said there remains slack in the economy.
South Korea’s government notes advanced, sending the 10-year yield to the lowest level in more than six months, as bets Europe will ease monetary policy drove global bonds higher.
Pound bulls still have reason to be optimistic following the Bank of England’s attempts to temper interest-rate expectations, according to banks from Bank of New York Mellon to Mizuho Bank Ltd.
The dollar fell against a basket of major peers for the first time in four days as Treasury yields declined on speculation the European Central Bank will introduce easing measures to boost the region’s economy.
Palladium futures jumped to the highest since August 2011 on concern that supplies will be disrupted in South Africa, the world’s second-largest producer. Platinum also gained.
