WorldWideMarkets Community

Forex Trading, Market News & Technical Analysis

Dollar Strenghtens as Emerging Markets Slide on Fed; Gold Drops

Posted by Chris Advincula on May 18, 2016 6:22:25 AM

(May 18 Wednesday Bloomberg) Financial Markets are reawakening to the risk that the U.S. expedites interest rate increases, and that's buoying the dollar while denting emerging markets and commodities.

The dollar climbed to a seven-week high and Treasuries fell, pushing two-year yields to its highest since April, after Atlanta Federal Reserve President Dennis Lockhart and San Francisco's John Williams said Tuesday two rate hikes may be warranted this year. Chinese stocks tumbled to a two-month low and the rand led the selloff versus the greenback amid political tension in South Africa. Copper and gold fell for the first time in four days.

Click on the link below to see the full story from Bloomberg: (by James Regan and Stephen Kirkland)

Dollar Slides as Emerging Markets Slide on Fed

Fed.Risk.5.18.2016.jpg

Topics: US Dollar, Forex Fundamentals, USD, Forex, Federal Reserve monetary policy

 

Tools & Educational Resources

Forex 101LEARN MORE >>
Learn the basics of Forex and how to practice trading the markets.

GlossaryLEARN MORE >>
Confused by the language? Click here and search for key trading terms.

FAQ CenterLEARN MORE >>
Browse our frequently asked questions and find your answers right away.

VideosLEARN MORE >>
Access to the educational lessons, webinars and platform walkthroughs.

READY TO TRY THE MARKETS?

Get started with a FREE $10,000 Demo Account and experience the Forex Market RISK FREE!