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Dollar nears 16-month high, sterling hit by Brexit uncertainty

Nov 12 • 17 Views • No Comments

(Reuters) – The dollar built on last week’s gains and rose toward a 16-month high on Monday as traders expect the U.S. Federal Reserve to keep tightening monetary policy, but sterling remained under heavy pressure amid uncertainty over a Brexit...
Dollar trades in narrow range as investors await Fed rate decision

Nov 8 • 32 Views • No Comments

(Reuters) – The dollar traded in a narrow range versus major peers on Thursday as investors took in the U.S. midterm election results, and turned their focus to the Federal Reserve’s monetary tightening path. The election results were as the...
Dollar keeps to tight ranges as investors brace for U.S. elections

Nov 6 • 37 Views • No Comments

(Reuters) – The dollar stuck to tight ranges against its major rivals on Tuesday as investors favoured caution ahead of U.S. midterm elections later in the day. The U.S. congressional election is widely expected to boost the Democratic Party, which has...
FOREX-Dollar firm, sterling gives up gains after touching 2-week high

Nov 5 • 48 Views • No Comments

(Reuters) – The dollar held steady against most of its major peers on Monday, supported by expectations of tighter U.S. monetary policy, while sterling gave up nearly all its recent gains as investors sought clarity around Brexit. A Sunday Times report...

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