LONDON (Reuters) – Concerns over a U.S. government shutdown saw the dollar slip to a one month low against the yen on Wednesday, while expectations for a European Central Bank meeting and Italian government confidence vote kept the euro under pressure.
Traders said markets could be in for a volatile session with no sign of an end to Washington’s political deadlock, although most investors still expect the situation to be short-lived.
LONDON, Sept 30 (Reuters) – The euro fell broadly on Monday
as political tensions in Italy escalated, while investors
shunned the dollar as a deadline to avert a government shutdown
in Washington approached.
The Swiss franc and the yen, which tend to benefit in times
of financial uncertainty, rose.
LONDON (Reuters) – Bets on further sterling strength are mounting as some in the financial markets consider the possibility that the Bank of England may be the first of the world’s major central banks to raise interest rates.
The BoE shows no sign of standing in the way of such bets with policymakers seeming less concerned than in recent months about the impact of a stronger pound.
LONDON, Sept 27 (Reuters) – Bets on further sterling
strength are mounting as some in the financial markets consider
the possibility that the Bank of England may be the first of the
world’s major central banks to raise interest rates.
The BoE shows no sign of standing in the way of such bets
with policymakers seeming less concerned than in recent months
about the impact of a stronger pound.
LONDON, Sept 26 (Reuters) – The dollar struggled to make
considerable gains against a basket of currencies on Thursday,
weighed by the ongoing U.S. budget impasse which could lead to a
possible federal debt default.
The U.S. currency, however, inched higher against the euro,
which was hurt by renewed political tensions in Italy.
LONDON (Reuters) – The dollar gained versus the yen on Thursday on talk of more corporate tax reform in Japan, while a U.S. budget impasse weighed on the greenback against other currencies.
Against the yen, the dollar was up 0.6 percent at 99.02 yen, recovering from a one-week low of 98.27 yen touched earlier in the day. Large options expiries were reported at 95.00 yen, 99.0 yen and 100 yen.
LONDON, Sept 24 (Reuters) – The euro fell against the dollar
on Tuesday after German sentiment data came in slightly below
expectations and on further signs the European Central Bank was
not ready to exit its crisis measures.
German business morale improved slightly in September to
touch a 17-month high, data from the Ifo think tank
LONDON (Reuters) – The euro rose against the dollar on Tuesday before German sentiment data, but gains could be capped after the European Central Bank said it stood ready to do more to keep market rates down.
The euro slipped on Monday after ECB President Mario Draghi said the bank was prepared to offer banks more long-term loans to keep money-market rates from rising to levels that could hurt the economy.
LONDON, Sept 20 (Reuters) – The dollar edged off a
seven-month low against a basket of currencies on Friday after
investors unwound some negative trades put on after the Federal
Reserve’s surprise decision to maintain its bond-buying
Although the dollar saw marginal gains, also due to
above-forecast U.S. data, analysts said the greenback was likely
to be weighed down in coming days by uncertainty over Fed