�As it is, the stronger U.S dollar has already started to punish U.S. companies with a strong export bias, and if we start to see a weakening of the jobs numbers in the coming days as a result of layoffs in the U.S.
The dollar held pole position in Asia on Friday as bulls wagered a looming U.S. jobs report would add to the chance of rate hikes there, even as the European Central Bank embarks on a trillion euro campaign of bond-buying.
Parity between the dollar and euro is likely �a matter of when not if,� a strategist told CNBC on Thursday. Sameer Samana of Wells Fargo said on �Squawk on the Street� that it would depend on quantitative easing in Europe and economic data in the U.S..
Brent crude oil fell almost 2 percent toward $61 a barrel on Monday after Iran said a deal on its nuclear program could be agreed this week if the West lifted sanctions, which could boost the country's oil exports.
An important caveat is that an upcoming US Nonfarm Payrolls data release may produce important US Dollar volatility; last month we saw the USD reverse sharply higher as NFPs data surprised to the topside.
NEW YORK: The euro slumped on Thursday to record lows just above $1.10 and the US dollar added to gains against an index of currencies after the European Central Bank said it will launch a massive bond-buying program next week meant to boost ...
The dollar touched an 11-year high against a composite of major currencies on Tuesday but gave up those gains ahead of major U.S. economic reports and the coming European Central Bank meeting later this week. The dollar index has gained 5.7 percent ...
Starting the day from 2.5628, Turkish lira sank to 2.6277, scoring a new record low against the dollar as the U.S. dollar index, which measures the dollar against a trade-weighted basket of six major currencies, is at 96, a height last seen in 2003.