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02:35
02/15/18
02/15
02:35
02/15/18
02:35

FX Update: The dollar has declined for a fourth-straight session

FX Update: The dollar has declined for a fourth-straight session versus the euro and other currencies. The narrow trade-weighted USD index (DXY) is presently at a two-week low of 88.80, showing a 0.3% decline on the day and now racking up a 1.8% loss on the week so far. EUR-USD lifted to a two-week peak of 1.2487, and AUD-USD also posted a two-week high, while Cable logged a one-week high. USD-JPY continued to lead the dollar lower, with the pair showing over a 0.6% loss on the day as the London interbank community take to their desks. This is despite the 10-year U.S. Treasury yield rising to four-year highs during the Asia session, extending the move seen since yesterday's hotter than expected U.S. CPI data. The revived risk appetite evident in global markets has been putting U.S. held assets out of favour as investors seek out higher yields, which is weighing on the greenback. With regard to USD-JPY specifically, also in the mix were remarks by Japan's finance minister, Aso, who said that recent yen strength was not sufficient to "require intervention."

TODAY'S FREE FLY STORIES

WEI

Weidai

$10.00

-0.14 (-1.38%)

06:52
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TFX

Teleflex

$256.24

-2.055 (-0.80%)

06:51
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NeoTract: 12-month results from study of UroLift System published »

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LLY

Eli Lilly

$114.87

0.51 (0.45%)

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Eli Lilly expands collaboration with Evidation Health for Andromeda platform »

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  • 19

    Dec

SBUX

Starbucks

$66.90

0.8 (1.21%)

06:50
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  • 14

    Dec

DEA

Easterly Government Properties

$17.41

0.03 (0.17%)

06:50
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MRK

Merck

$78.44

0.95 (1.23%)

06:47
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Merck to acquire Antelliq Group for approximately EUR2.1B »

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SBUX

Starbucks

$66.90

0.8 (1.21%)

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  • 14

    Dec

MRK

Merck

$78.44

0.95 (1.23%)

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Breaking Hot Stocks news story on Merck »

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  • 11

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LSCC

Lattice Semiconductor

$6.63

-0.05 (-0.75%)

06:45
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FTI

TechnipFMC

$21.35

0.11 (0.52%)

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ADBE

Adobe

$247.71

2.27 (0.92%)

06:43
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CCL

Carnival

$56.60

0.09 (0.16%)

06:41
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  • 14

    Dec

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DLTR

Dollar Tree

$85.04

0.45 (0.53%)

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ADBE

Adobe

$247.71

2.27 (0.92%)

06:37
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FTI

TechnipFMC

$21.35

0.11 (0.52%)

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ARE

Alexandria Real Estate

$123.00

1.88 (1.55%)

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  • 05

    Feb

SU

Suncor

$30.67

-0.31 (-1.00%)

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Suncor announces 2019 capital program of $4.9B-$5.6B »

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BECN

Beacon Roofing

$31.84

-0.22 (-0.69%)

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ADSK

Autodesk

$135.56

-2.25 (-1.63%)

, WDC

Western Digital

$39.95

-1.01 (-2.47%)

06:34
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Autodesk adds Western Digital CEO Stephen Milligan to board »

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Autodesk

$135.56

-2.25 (-1.63%)

WDC

Western Digital

$39.95

-1.01 (-2.47%)

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CIEN

Ciena

$34.90

2.765 (8.60%)

06:34
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CODX

Co-Diagnostics

$2.20

(0.00%)

06:32
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Co-Diagnostics awarded UK patent for RapidProbe probe technology »

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CSCO

Cisco

$47.46

0.03 (0.06%)

06:31
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  • 17

    Dec

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    Mar

DB

Deutsche Bank

$8.87

-0.16 (-1.77%)

06:31
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U.S. lawmakers call for additional 'scrutiny' of Deutsche Bank, WSJ says »

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GWR

Genesee & Wyoming

$77.80

-3.01 (-3.72%)

06:31
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Genesee & Wyoming reports November traffic of 259,000 carloads, down 4.4% y/y »

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GIS

General Mills

$38.12

-0.44 (-1.14%)

06:29
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  • 19

    Dec

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