Currencies: Dollar Crosses ¥110 Line For First Time Since 2008

The dollar breached a huge line in the sand against the yen in Asia, but strategists say a dovish ECB could bring it down again.

Topics:  ecb   dollar   line   
BING NEWS:
  • US Dollar weakens marginally after US Federal Reserve keeps interest rate unchanged
    The yen is thus exposed to disappointment. It was recently erratic at 156.82 to the dollar and weak against crosses, where it fell to an overnight low of 97.06 per kiwi, the lowest level in 17 years, ...
    06/13/2024 - 4:23 am | View Link
  • Almost 1,000 Family Dollar stores to close in 2024. Corpus Christi could be on the list.
    Six-hundred Family Dollar Stores are set to close in the first half of 2024, as well as about 370 additional Family Dollar and 30 Dollar Tree stores once their leases expire.
    06/10/2024 - 6:32 am | View Link
  • Dollar Tree putting Family Dollar up for sale after disastrous merger, mass closings
    Messy stores, high prices and over-expansion have plagued discount chain Family Dollar, which announced plans to shutter more than 900 stores across the U.S. last year.
    06/6/2024 - 9:31 am | View Link
  • Dollar Tree Closing 150 More Stores As It Eyes Family Dollar Sale
    The strategic review disclosed on Wednesday is now focused on what to do about the business, which includes a sale of the operation. Dollar Tree chairman and CEO Rick Dreiling said that the ...
    06/5/2024 - 7:11 am | View Link
  • Bank of Canada cuts rates by 25bp
    The Bank of Canada has cut its policy rate by 25 basis points to 4.75%, as we thought it would. Around 20bp of the 25bp cut were priced ahead of time, with around 21 out of 30 economists polled by ...
    06/5/2024 - 4:16 am | View Link
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