TOKYO - The dollar was stuck near a one-week low against a basket of currencies early on Friday, after upbeat U.S. economic data failed to lift Treasury yields.
The dollar index against a group of major currencies stood at 100.570 after hitting 100.410, its lowest since Feb. 9 plumbed overnight when it slid 0.7 percent.
18/02/2017 10:41:46 AM
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NEW YORK - The dollar weakened against a basket of major currencies on Thursday, posting its steepest one-day drop in over two weeks, due to lower U.S. bond yields and uncertainty over the timing of the Federal Reserve's next interest rate increase. The greenback posted losses for a second day, retreating further from a one-month high set during a winning streak where
By John O'Donnell and Maya Nikolaeva
FRANKFURT/PARIS - Rock-bottom interest rates hurt more big European banks in 2016 than in the previous year, but the worst could soon be over with the prospect of rising borrowing costs rippling from the United States to Europe.
Low rates, money printing and a penalty charge for hoarding cash have been at the hea
* Dollar index stuck near 1-week low
* Dollar sags after US yields brush off upbeat data and declines
* Uncertainty over Trump's policies seen capping the dollar
By Shinichi Saoshiro
TOKYO - The dollar was stuck near a one-week low against a basket of currencies early on Friday, after upbeat U.S. economic data failed to lift Trea
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 173 basis points to 6.8456 against the US dollar on Friday, according to the China Foreign Exchange Trade System.
In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 per cent from the central parity rate each trading day, Xinhua news agency reported.