The dollar edged up to a nine-day high against a basket of currencies on Thursday.
TOKYO, March 30- The dollar hovered near a one-week high against a basket of currencies on Thursday, buoyed by a weaker euro which sagged as prospects of the European Central Bank stepping away from monetary easing faded. The common currency had dropped about 0.5 percent overnight following a report by Reuters that European Central Bank policymakers were wary...
Eric Viloria, Wells Fargo Securities, says the U.S. dollar is likely to strengthen against the British pound.
Kathy Lien, MD of BK Asset Management, says there could be greater weakness in the pound before the end of the week.
*Canadian dollar at C $1.3333, or 75 U.S. cents. TORONTO/ OTTAWA, March 29- The Canadian dollar strengthened against its U.S. counterpart on Wednesday as the price of oil, one of Canada's major exports, rose for the second day in a row. "We're seeing oil prices really rally after the better-than-expected inventories report this morning so that's been the main driver of...
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
Discussing the current state of the markets with Nick Angilletta, Deutsche Bank; Steve Grasso, Stuart Frankel; and Holly Liss, BTIG.
In 1997, when I first came to the NYSE, there were 5,000 people on the floor of the New York Stock Exchange — today there are about 450.
LONDON, March 29- Sterling slipped against the dollar after a choppy day of trading on Wednesday, receiving no clear direction from Britain's formal triggering of its exit from the European Union. Prime Minister Theresa May began Britain's divorce procedure from the EU earlier in the day, declaring there was no turning back and ushering in a tortuous process...
*Sterling dips as Britain formally launches Brexit. NEW YORK, March 29- The dollar rose to its highest in more than a week on Wednesday on outlooks for U.S. and European interest rates and as investors saw the selloff on U.S. The euro fell to $1.0741 following the report, its lowest since March 21.