18 May

Dollar Strengthens, Supported by Rising U.S. Yields

The dollar climbed versus the yen on Friday and set a new four-month peak, supported by a further rise in U.S. Treasury. U.S. benchmark 10-year yields reached a high of 3.128 percent on Friday, the highest in nearly seven years. The rising yields reflect continued optimism about the U.S. economy and expectations of growing price […]

17 May

Dollar Remains Firm as Euro Slumps on Italian Political Uncertainty

The dollar strengthened on Thursday, as the euro fell to a five-month low on concerns the political developments in Italy could cause wider disruptions in the common currency bloc. The euro was last at $1.1827, up 0.15 percent on the day, after dropping overnight to $1.1763, its lowest since Dec. 18. The single currency has […]

15 May

Dollar Climbs, Buoyed by Rise in U.S. Bond Yields

The dollar climbed against a basket of currencies on Tuesday from its lowest level in more than a week as hopes for an easing of global trade tensions pushed U.S. bond yields higher. The dollar’s index versus a basket of six major peers gained almost 0.1 percent to 92.647, pulling up from 92.243 on Monday, […]

14 May

Dollar Drops as U.S. Yields Tumble

The dollar’s recent rally ran out of steam on Monday with U.S. yields sinking as investors wound back expectations that the U.S. Federal Reserve will launch a series of rapid rate hikes this year. The dollar index against a basket of six major currencies fell 0.15 percent to 92.402. The index notched a 4-½-month high […]

11 May

Dollar Eases from 2018 High after Release of Soft U.S. Inflation Data

The dollar hovered below a 4-½-month high versus a basket of major currencies on Friday after soft U.S. inflation data prompted traders to reduce wagers on quicker rate hikes. U.S. consumer prices increased less than expected in April, which would support gradual, rather than more aggressive, rate increases by the Federal Reserve. The so-called core […]

10 May

Dollar Near 4-½-Month High as Investors Await U.S. CPI Data

The dollar held strong on Thursday after the 10-year U.S. bond yield rose above the psychologically important 3 percent mark and investors looked to U.S. consumer price data later in the day that could show an acceleration in inflation. The dollar index was little changed against a basket of six major currencies at 93.02 after […]

08 May

MatchPlace launches MatchPlace IF, its peer-to-peer Invoice Financing service

MatchPlace Ltd launched on Friday, May 4th, its peer-to-peer Invoice Financing service for companies. It is called MatchPlace IF and it is available here. MatchPlace offers a new service to help SMEs manage more efficiently their working capital by selling their outstanding invoices to investors. Our invoice financing facility allows companies to submit their invoices […]

08 May

Dollar Hovers Near 4-Month High, Trump’s Iran Decision Eyed

The dollar wavered near a four-month peak on Tuesday, continuing to draw support from higher Treasury yields and upbeat prospects for the U.S. economy. Immediate market focus was on U.S. President Donald Trump’s decision about the future of an international nuclear agreement with Iran, which he has repeatedly threatened to withdraw from. Trump is set […]

07 May

Dollar Near 4-Month High after U.S. Jobs Data

The dollar stood near its 2018 peak on Monday after U.S. jobs and wages data did little to reduce perceptions of strength in the U.S. economy, though renewed concerns about trade disputes might sharply weigh on its outlook. The dollar index was at 92.461, down 0.1 percent but still near Friday’s high of 92.908, which […]