The dollar edged up on Monday, hovering close to a near three-month high as inve...
TOKYO - The dollar edged up on Monday, hovering close to a near three-month high as investors continued to favor the greenback amid global growth concerns, while sterling kept declining on uncertainty over Britain’s exit from the European Union.
The index was 0.3 percent shy of its recent peak of 97.710 hit last Thursday, its highest since Dec. 14. It is up 1.3 percent this year. “That’s pushing down the euro and other currencies,” he said. “The U.S. is not particularly strong, but other areas are weak. That’s why the dollar is relatively strong.”
On Monday, most currencies stayed within well-trodden trading ranges before U.S. retail sales figures for January due at 1230 GMT and U.S. February inflation figures expected on Tuesday. His remarks followed a warning from two major eurosceptic factions in parliament that Prime Minister Theresa May was likely to face heavy defeat in a parliamentary vote on Tuesday on whether to approve her EU exit plan.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Growth worries bolster dollar as sterling dips before Brexit voteThe dollar edged up on Monday, hovering close to a near three-month high as inve...
Consulte Mais informação »
Pound rises on signs pro-Brexit lawmakers softening demands of MaySterling gained on Monday on signs some pro-Brexit lawmakers were increasingly w...
Consulte Mais informação »
Speedier growth in service side of economy might be sign of spring thaw, ISM indicatesCompanies on the service side of the economy that employ the vast majority of American workers grew in February at the fastest pace in three months, the first sign that U.S. growth might be picking up after an early-year lull.
Consulte Mais informação »
Target just posted its strongest full-year sales growth in 13 yearsTarget's comparable sales grew at the strongest rate since 2005, the company said Tuesday. Shares rose more than 5% ahead of Tuesday's opening bell.
Consulte Mais informação »
China lowers growth target and cuts taxes as economy slowsChina lowered its goal for economic growth and announced a major tax cut, as policymakers seek to pull off a gradual deceleration while grappling with a debt legacy and the trade standoff with the U.S.
Consulte Mais informação »
China sets robust growth target to shore up cooling economyThe two-week gathering of the congress's 3,000-plus delegates in the Great Hall of the People is a grand political spectacle. But it does little law making, serving as a platform to highlight the government's plans for the year and earn endorsement.
Consulte Mais informação »
Global travel industry seen 'resilient' despite slowing growthThe global travel industry is likely to expand by 4 percent in 2019 despite slow...
Consulte Mais informação »
Dollar hovers near two-week high, Aussie skids as economic growth disappointsThe dollar held gains against its peers early on Wednesday, thanks to higher U.S...
Consulte Mais informação »
Economists warn that China's growth could plummet to 2 percent in the next decadeGrowth in China could plummet to 2 percent over the next decade — from the expected 6.0 to 6.5 percent target this year, predicts Capital Economics.
Consulte Mais informação »