Currencies

The kiwi bounced 0.2 per cent to US$0.5863

The greenback tends to benefit from higher oil prices

The dollar index was 0.2% higher at 99.637

[SYDNEY] The Australian and New Zealand dollars loitered near multi-month highs on Tuesday (Sep 1) as a global selloff in bonds kept investors cautious, although domestic economic data offered support at the margin.

Hawkish remarks from Federal Reserve chair Kevin Warsh fuelled bets on a September rate hike

The currency has fallen an average 1% in September over the past five years, data shows

[LONDON] The US dollar held firm near a one-week high against major peers on Friday (Aug 28), as investors stood on the sidelines ahead of Federal Reserve chairman Kevin Warsh’s speech at the Jackson Hole symposium.

[LONDON] The US dollar showed signs of recovering some of last week’s losses on Thursday (Aug 27), as investors awaited signals on the US Federal Reserve’s policy path at the Jackson Hole symposium.

[LONDON/SINGAPORE] The dollar edged higher but remained range-bound against major peers on Wednesday (Aug 26) as investors awaited US inflation data that could set the tone ahead of the Jackson Hole symposium of central bankers later this week.