Charlotte's Feed
Jan 22, 2010

Yen hits 9-mth high vs euro, 5-weekk peak on US$

TOKYO (Reuters) – The yen surged on the U.S. dollar and the euro on Friday as a break of key support triggered stop-loss sales, while risk appetite in general suffered on the White House’s proposals to regulate U.S. banks.

The euro tumbled to a nine-month low at 126.55 yen after breaching a long-held chart support at 127.00 yen, taking the dollar down with it to its weakest in a month.

Jan 14, 2010

Asian shares bounce, rate view lifts Aussie

TOKYO (Reuters) – Share markets in Asia rebounded on Thursday as worries that China’s policy tightening would slow its demand receded, while strong Australian jobs data raised the chances of a February interest rate hike and boosted the Aussie dollar.

Helped by an upbeat day on Wall Street, Asia stocks recouped 1 percent, having tumbled on Wednesday after Beijing’s surprise increase of bank reserve requirements — China’s strongest step yet to rein in asset inflation. <.N>

Dec 30, 2009

Asian shares wilt before year-end, dollar perky

TOKYO (Reuters) – Asian share markets fell on Wednesday as year-end trade dwindled, with profit-taking pulling down stocks in Australia and bankruptcy worries about Japan Airlines Corp weighing on the Nikkei, but the dollar rose broadly.

In a reminder of the continued fallout from the global economic crisis, shares of Japan Airlines tumbled to a record low on growing investor worries that the struggling carrier will be restructured in bankruptcy court as part of a state bailout.

Dec 29, 2009

Australia leads Asia stocks as commodities gain

TOKYO (Reuters) – Australian shares rose on Tuesday, helped by gains in oil and metals and by merger activity, but stock markets elsewhere in Asia lagged as year-end activity dwindled, and the dollar’s rally ran out of steam.

Oil held below $79 a barrel after setting a five-week high on Monday on expectations that colder weather in the United States and signs of economic recovery would help demand, while copper prices surged.

Dec 24, 2009

Dollar near highs but rally stalls before holiday

TOKYO, Dec 24 (Reuters) – The dollar hovered below a
three-month peak against the euro and two-month high on the yen
on Thursday as its rally stalled after disappointing U.S. housing
data, with more numbers to come before the holiday.

The euro was on course for its biggest monthly fall against
the dollar since January and was holding just above its weakest
levels since early September after dipping near $1.42 this week.

Dec 24, 2009

Dollar near week’s peaks, lacks drive before holiday

TOKYO (Reuters) – The dollar hovered below a three-month peak against the euro and two-month high on the yen on Thursday as its rally stalled following news of a surprise drop in U.S. home sales that dented optimism about the economy.

The euro is on course for its biggest monthly fall against the dollar since January and was holding just above its weakest levels since early September after dipping near $1.42 this week.

Dec 22, 2009

Dollar pushes to 2-mth high vs yen, yields support

TOKYO, Dec 22 (Reuters) – The dollar rose further against
the yen on Tuesday, hitting a two-month high and keeping
pressure on the euro, as year-end unwinding of short positions
supported it along with higher Treasury yields.

Yields on U.S. Treasury debt have climbed this week and
expectations of a stronger growth outlook for the world’s
largest economy helped push the benchmark 10-year note yield
<US10YT=RR> to its highest in four months at about 3.70 percent
on Tuesday.

Dec 22, 2009

Dollar hovers near stronger levels as yields support

TOKYO, Dec 22 (Reuters) – The dollar hovered close to its
highest in more than three months against the euro and more than
a month against the yen, supported by year-end unwinding of short
positions in the greenback and a rise in Treasury yields.

Yields on U.S. Treasury debt climbed on Monday as
expectations of a stronger growth outlook for the world’s largest
economy helped push the benchmark 10-year note yield <US10YT=RR>
through 3.62 percent to its highest since mid-August.

Dec 16, 2009

Dollar steady in wait for Fed, Aussie falls

TOKYO, Dec 16 (Reuters) – The dollar held near a 2-½ month
high on the euro on Wednesday as investors waited to see if the
Federal Reserve would offer hints on when tightening might start,
while the Australian dollar fell as expectations of aggressive
hikes faltered.

Australia’s gross domestic product grew by just 0.2 percent
in the third quarter, less than forecast, while surprisingly
dovish remarks by the central bank sent bill futures <0#YBA:> up
and the Aussie dollar <AUD=D4> down as investors reined back
expectations for tightening next year. [ID:nSGE5BE06K]

Dec 16, 2009

Dollar keeps firmer footing in wait for Fed

TOKYO, Dec 16 (Reuters) – The dollar held near a 2-½ month
high on the euro and kept a firmer footing against the yen on
Wednesday as the market waited to see if the U.S. Federal Reserve
would give any signal on when interest rates might begin to rise.

While no change in rates is expected, the language of the
Federal Open Market Committee (FOMC) statement at 1915 GMT will
be scrutinised after improving economic data has raised
speculation that tightening may come sooner than previously
expected, helping to lift the dollar. [ID:nN15216801]