Dollar Rises to Highest in Month as U.S. Outperforms

Posted by Forexsq 5 days ago (http://www.bloomberg.com)
img A gauge of the dollar rose to the highest level in a more than month amid signs the U.S. economy, beset by years of sluggish growth, is outperforming its major peers.

The Bloomberg Dollar Spot Index extended a second weekly gain before reports next week that analysts said will show the world’s biggest economy expanded in the second quarter and employers boosted payrolls. The euro fell to the l

Dollar Tree to buy Family Dollar for $8.5 billion

Posted by Forexsq 2 days ago (http://www.reuters.com)
img Discount store chain Dollar Tree Inc (DLTR.O) offered to buy rival Family Dollar Stores Inc (FDO.N) for about $8.5 billion, in a deal the companies said would create North America's leading discount retailer.

Dollar Tree's offer of $74.50 per share in cash and stock represents a premium of about 23 percent over Family Dollar's close of $60.66 on Friday. Family Dollar had about 114 million shar

Euro crisis is sleeping not dead | Top Forex Brokers

Posted by Forexsq 2 days ago (http://www.topforexbrokers.com)
img Euro zone policymakers may feel they can afford to relax this summer. That would be a terrible error. The euro crisis is sleeping, not dead. The region is suffering from... moreShare it now!

U.S. stocks: Futures edge up; Family Dollar soars on bid

Posted by Forexsq 2 days ago (http://www.marketwatch.com)
img U.S. stock futures turned higher Monday as deal news sent shares of Family Dollar Stores Inc. and Dollar Tree Inc. soaring in premarket.

Home-sales data will kick off a busy few days for economic updates, the biggest of which will be payrolls on Friday. Investors will also get a Federal Open Market Committee decision mid-week.

Dollar Holds Gains Versus Euro; Longs at Most Since 2012

Posted by Forexsq 2 days ago (http://www.bloomberg.com)
img The dollar traded at almost the strongest level in eight months against the euro as investor bets that it would climb versus the single currency increased to the most since November 2012.

The U.S. currency held its biggest weekly advance since March against its major peers before reports forecast to show growth in services remained near the fastest pace in at least three years, employers added

Foreigners complain about the dollar but keep buying it

Posted by Forexsq 1 day 12 hours ago (http://www.marketwatch.com)
img Talk and even actions keep multiplying that indicate America’s foreign creditors are genuinely fed up with the world’s dollar-dominated international payments system and are determined to replace it as the global reserve currency.

Dollar Reaches 7-Week High on U.S. Rebound; Kiwi Slips

Posted by Forexsq 1 day 12 hours ago (http://www.bloomberg.com)
img The dollar rose to the highest level in seven weeks against major peers amid optimism the U.S. recovery is gathering pace as the Federal Reserve convenes to debate the pace of raising interest rates.

New Zealand’s dollar dropped to the weakest since June 10 on prospects of lower earnings for the nation’s dairy farmers. The Bloomberg Dollar Spot Index climbed past the 200-day moving average and

Dollar Tree Agrees to Acquire Family Dollar for $8.5 Billion

Posted by Forexsq 1 day 12 hours ago (http://www.bloomberg.com)
img Dollar Tree Inc. (DLTR) agreed to buy Family Dollar Stores Inc. (FDO) for about $8.5 billion, creating a sprawling discount chain with $18 billion in sales and more locations than any other retailer in the U.S.

Dollar Tree will pay $74.50 a share in cash and stock, 23 percent above Family Dollar’s closing price at the end of last week, according to a statement from the companies today. Includi

Dollar Rises to 4-Month High as U.S. GDP Tops Forecasts

Posted by Forexsq 12 hours ago (http://www.bloomberg.com)
img The dollar rose to a four-month high after the U.S. economy grew more than forecast in the second quarter as the Federal Reserve meets to decide the pace of rate increases.

The U.S. currency strengthened for a ninth day versus the yen as a private report showed companies in the U.S. added 218,000 workers to their payrolls in July, the second most this year. The euro reached an eight-month low

Focus on sterling Currency | Top Forex Brokers

Posted by Forexsq 5 days ago (http://www.topforexbrokers.com)
img The break back below the 1.70 level on cable yesterday reflected the extent of the dollar recovery seen during July, but also the more balanced view being taken towards the... moreShare it now!

Pound falls as U.K. retail-sales data disappoint

Posted by Forexsq 6 days ago (http://www.marketwatch.com)
img The pound sterling fell against the dollar, euro and yen Thursday, pressured by weaker-than-expected U.K. retail sales data and the lack of a clear hawkish signal from the Bank of England.

Investors still expect the BOE to be the first of the G-4 central banks to normalize monetary policy, but the lack of a clarity regarding when investors can expect an interest-rate increase in the minutes fr

Dollar Rises to Highest in Month on Jobless Claims Drop

Posted by Forexsq 6 days ago (http://www.bloomberg.com)
img The dollar touched the highest level in more than a month against a basket of peers as unemployment applications unexpectedly dropped to an eight-year low, another sign the U.S. labor market is gaining momentum.

The euro climbed from an eight-month low after manufacturing growth unexpectedly quickened in July. The pound dropped for a seventh day versus the dollar after U.K. retail sales rose l

Don’t Tell Anybody About This Story on HFT Power Jump Trading

Posted by Forexsq 6 days ago (http://www.bloomberg.com)
img Far from Wall Street in a Chicago neighborhood once synonymous with urban blight, two futures industry veterans are using secrecy and speed to mint fortunes.

Their firm, Jump Trading LLC, was all but invisible until it was among six companies subpoenaed in April by New York prosecutors. Jump has ascended the ranks of high-frequency traders during the past 15 years to become one of the top firm

Sterling Dips after BoE Minutes | Top Forex Brokers

Posted by Forexsq 7 days ago (http://www.topforexbrokers.com)
img Sterling lost much ground after BoE minutes and is the weakest currency for today. While the greenback strengthened against Euro and Sterling, but it weakened aginast others. Aussie was lifted... moreShare it now!

Aussie Climbs on Inflation as Emerging Currencies Rally

Posted by Forexsq 7 days ago (http://www.bloomberg.com)
img Australia’s dollar climbed to the highest level in almost two weeks against its U.S. peer as traders pared bets on a cut in interest rates after a jump in inflation.

South Africa’s rand and the Turkish lira rose for a fourth day as emerging-market currencies and stocks advanced on investor bets China will accelerate measures to boost its housing market. Indonesia’s rupiah jumped the most in tw
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