(Repeats to additional subscribers with no changes to text)
* Graphic: World FX rates https://tmsnrt.rs/2RBWI5E
By Stephen Culp
NEW YORK, Feb 16 (Reuters) - The U.S. dollar bounced off
three-week lows on Tuesday as bullish comments from a U.S.
Federal Reserve official and upbeat manufacturing data helped
arouse investor risk appetite.
Bitcoin also surpassed $50,000 to a record high as the
cryptocurrency continued to gain broader acceptance from
companies and investors.
St. Louis Fed President James Bullard said in an interview
on CNBC that financial conditions in the United States were
"generally good," and that inflation was likely to heat up this
year, something the central bank would take into account.
The New York Fed's Empire State manufacturing report offered
a robust upside surprise and a rosier economic picture than
suggested by data released last week.
"The dollar is cutting its losses," said Joe Manimbo, senior
market analyst at Western Union Business Solutions in
Washington. "We had ... bullish comments from Bullard, and the
news on manufacturing is helping to dim the spotlight on
lackluster data we saw last week, which was seen as a catalyst
for the dollar's downturn."
"The economy this week is off to a better start for the
greenback."
Against a basket of its rivals =USD , the greenback gained
0.33% to 90.616, after earlier falling to 90.118, its lowest
level since Jan. 26.
Bitcoin breached the $50,000 threshold to touch an all-time
high of $50,602, but had last pulled back to $49,280.93. The
world's largest cryptocurrency has risen around 70% so far this
year, boosted by Tesla Inc's TSLA.O announcement that it had
bought $1.5 billion in Bitcoin.
The euro EUR=EBS reversed its gains against the
strengthening dollar and was last down 0.23%. Rising oil prices
briefly lifted the Canadian dollar CAD=D3 and Norwegian crown
NOK=D3 to multiweek highs. O/R
The dollar also gained on the safe-haven Japanese yen
JPY=EBS , which fell through its 200-day moving average against
the dollar and struck multiyear lows against the euro, Aussie
and Swiss franc.
Sterling GBP=D3 reversed its gains against the dollar, and
was last down 0.27%, after touching its highest level since
April 2018 due to Britain's vaccine rollout progress. GBP/
The risk-sensitive Australian dollar AUD=D3 briefly hit a
one-month high of $0.7805 and the kiwi NZD=D3 touched a
five-week peak of $0.7269. AUD/
========================================================
Currency bid prices at 10:00AM (1500 GMT)
Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid
Previous Change
Session
Dollar index =USD 90.6160 90.3340 +0.33% 0.706% +90.6410 +90.1170
Euro/Dollar EUR=EBS $1.2097 $1.2125 -0.23% +0.00% +$1.2170 +$1.2095
Dollar/Yen JPY=D3 105.8000 105.3000 +0.44% +0.00% +105.8100 +105.2000
Euro/Yen EURJPY= 127.98 127.78 +0.16% +0.00% +128.3300 +127.7500
Dollar/Swiss CHF=EBS 0.8927 0.8901 +0.29% +0.00% +0.8930 +0.8872
Sterling/Dollar GBP=D3 $1.3869 $1.3908 -0.27% +1.52% +$1.3951 +$1.3870
Dollar/Canadian CAD=D3 1.2694 1.2644 +0.39% +0.00% +1.2698 +1.2610
Aussie/Dollar AUD=D3 $0.7749 $0.7780 -0.40% +0.00% +$0.7805 +$0.7745
Euro/Swiss EURCHF= 1.0798 1.0795 +0.03% +0.00% +1.0803 +1.0788
Euro/Sterling EURGBP= 0.8720 0.8724 -0.05% +0.00% +0.8739 +0.8706
NZ NZD=D3 $0.7203 $0.7228 -0.28% +0.00% +$0.7267 +$0.7203
Dollar/Dollar
Dollar/Norway NOK=D3 8.4460 8.3770 +0.84% +0.00% +8.4480 +8.3600
Euro/Norway EURNOK= 10.2200 10.1740 +0.45% +0.00% +10.2245 +10.1527
Dollar/Sweden SEK= 8.2973 8.2647 -0.07% +0.00% +8.2980 +8.2548
Euro/Sweden EURSEK= 10.0364 10.0435 -0.07% +0.00% +10.0570 +10.0320
<^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
World FX rates https://tmsnrt.rs/2RBWI5E
Monthly FX performance Feb 2021 https://tmsnrt.rs/2OIibxj
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>