Charlotte's Feed
Nov 3, 2009

Dollar pauses, Aussie wipes out gains after RBA

TOKYO, Nov 3 (Reuters) – The dollar hung fire on Tuesday
ahead of several central bank meetings this week, while the
Australian dollar erased early gains after its central bank
raised rates but left investors pondering the timing of its
next move.

The Aussie dollar initially rose in trade thinned by a
Tokyo market holiday. It then slipped after the Reserve Bank of
Australia (RBA) lifted its cash rate for the second month
running, taking it to 3.5 percent from 3.25 percent as expected
but leaving the market guessing if it would hike again as soon
as December. [ID:nSYD339317]

Oct 29, 2009

Yen climb steepens as profits booked on risk trades

TOKYO, Oct 29 (Reuters) – The yen rose across the board on
Thursday, extending steep gains particularly on the Australian
and New Zealand dollars as investors took profits on a host of
growth-linked trades that had been in vogue in recent months.

Traders said short-term speculators had been pocketing gains,
with hedge funds said to be booking profits ahead of their
business year-end in November, and as the recent rebound in both
the yen and the dollar saw bets on their weakness unwound.

Oct 27, 2009

Dollar keeps balance as euro, Aussie checked

TOKYO, Oct 27 (Reuters) – The dollar kept its footing on
Tuesday after sharp gains the previous day, but made little
progress higher as investor selling of stretched higher-yielding
currencies and the euro paused.

The euro had its steepest drop since early August on Monday,
falling nearly 1 percent, and the dollar index posted its best
daily gain since September as investors unwound short dollar
positions after a sharp fall in stocks and commodities.

Oct 21, 2009

Dollar steadies as profits booked on high yielders

TOKYO, Oct 21 (Reuters) – The dollar stabilised on Wednesday
with the help of investors taking profits on rising
commodity-linked and higher-yielding currencies, after it was
pushed to a 14-month low against a basket of currencies the
previous day.

Traders said investors had been cashing in gains in the
Canadian and New Zealand dollars, which this month hit their
strongest levels in about 15 months, and in sterling, pushing
them down about 0.2 percent against the greenback.

Oct 19, 2009

Euro retreats, Aussie tries for lost ground

TOKYO, Oct 19 (Reuters) – The euro backed off a 14-month high
against the dollar and a two-month peak against the yen on Monday
as investors trimmed long positions on caution about what euro
zone finance ministers may say about its recent strength.

The high-flying Australian dollar also ran into a spell of
profit-taking as investors notched back their holdings after Bank
of America <BAC.N> posted a large quarterly loss and data offered
fresh evidence that U.S. consumers were still struggling. [.N]

Oct 14, 2009

Dollar resumes broad slide, lows vs yen back in view

TOKYO, Oct 14 (Reuters) – The dollar tumbled to 14-month lows
on Wednesday, hurt by persistent expectations for low U.S.
interest rates, investor appetite for commodity currencies and
expectations that Japan at least was not ready to break its fall.

It skidded to its lowest levels since August last year
against the euro, the Australian dollar and a basket of six major
currencies, but its steepest fall on the day came against the yen
after a senior Japanese official signalled intervention was

Oct 14, 2009

Dollar falls to 14-month lows, yen head higher

TOKYO, Oct 14 (Reuters) – The dollar slid to its weakest
level in 14 months against a basket of currencies on Wednesday,
under pressure from expectations of continued low U.S. interest
rates and investor bets on commodity currencies.

The euro hit its highest level in 14 months, while the yen
rose as players dumped dollars when sell orders were triggered
near 89.60-50 yen per dollar <JPY=> and after a Japanese
official told Reuters that dollar weakness was likely to
persist. [ID:nTKF106667]

Oct 12, 2009

Dollar gains on yen although rally seen limited

TOKYO, Oct 12 (Reuters) – The dollar edged broadly higher
on Monday, extending a short-covering bounce against the yen as
investors trimmed dollar-selling positions on caution that U.S.
interest rates could move up earlier than expected.

The dollar had been under heavy selling pressure on the
prospect that U.S. interest rates could remain low for a while
and it hit its weakest level in eight months against the yen
last week and a 14-month low against a basket of six

Oct 8, 2009

Dollar cedes ground as Aussie leads the pack

TOKYO, Oct 8 (Reuters) – The U.S. dollar was on slippery
ground again on Thursday after stronger-than-expected Australian
jobs data boosted the Australian dollar and fuelled general
selling in the greenback.

Australian data beat expectations for a fall in jobs in
September, with 40,600 positions created instead, and the Aussie
jumped to a fresh 14-month high against the U.S. currency as
markets anticipated more rate hikes to come. [ID:nSYD431125]

Oct 5, 2009

Dollar soft; Aussie gains as rate hike talk mounts

TOKYO, Oct 5 (Reuters) – The dollar fell on Monday, losing
ground after a G7 ministers meeting at the weekend brought no
surprises, while the Australian dollar gained as speculation
mounted that the country’s central bank could raise rates this

The Australian dollar led yen crosses higher, bounding up
more than 1 percent after two influential Australian columnists
wrote that a rate move to 3.25 percent from a record low of 3.0
percent was likely at Tuesday’s meeting. [ID:nSYD44556]