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TOKYO (Reuters) - The dollar languished near one-week lows on Thursday after benign data on U.S. consumer prices and a d...
11/03/2021

TOKYO (Reuters) - The dollar languished near one-week lows on Thursday after benign data on U.S. consumer prices and a decline in Treasury yields led some investors to trim bets on a rapid acceleration in inflation.

The euro was in focus ahead of a European Central Bank meeting later in the day where policymakers are expected to send a message that they will prevent bond yields from rising further and harming the bloc's economic outlook.

LONDON (Reuters) - Talk of a commodities "super cycle" and gains in prices from iron to copper have brightened the outlo...
11/03/2021

LONDON (Reuters) - Talk of a commodities "super cycle" and gains in prices from iron to copper have brightened the outlook for resource-linked currencies, but the tide hasn't lifted all boats, with emerging market currencies struggling to keep up with developed peers.

Emerging currencies have been at the sharp end of a recent rise in U.S. Treasury yields, which sparked a shakeout across global markets.

Below are four charts showing the connection between commodities and currencies and how current moves compare to previous episodes.

The dollar inched up on Thursday morning in Asia, reversing some losses stemming from trimmed rapid inflation accelerati...
11/03/2021

The dollar inched up on Thursday morning in Asia, reversing some losses stemming from trimmed rapid inflation acceleration bets over U.S. consumer price data and a drop in Treasury yields.

The U.S. Dollar Index that tracks the greenback against a basket of other currencies inched up 0.01% to 91.787 by 9:10 PM ET (2:10 AM GMT).

The USD/JPY pair inched up 0.10% to 108.48.

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