Charlotte's Feed
Nov 9, 2010

Euro undermined by debt woes, yen lifted

TOKYO, Nov 9 (Reuters) – The euro’s losses deepened on
Tuesday as resurfacing concerns about peripheral euro zone debt
kept it under pressure, and as short-term players closed dollar
short positions as they prepared for year-end book-closing.

The euro dropped to its lowest in over a week against the
dollar, falling to $1.3847 with potential seen for a slide to
$1.3700, but then clawed back a bit as the yen rose suddenly on
the dollar in a move dealers said appeared driven by order flow.

Nov 5, 2010

Dollar off lows but risk demand keeps pressure on

TOKYO, Nov 5 (Reuters) – The dollar paused near fresh lows on
Friday after breaking down to a new 2010 trough against a basket
of currencies, but investor appetite for risk was expected to
continue and grind the low-yielding greenback down.

The dollar index =USD.DXY hit an 11-month low on Thursday
in the aftermath of a decision by the Federal Reserve to buy
government bonds, opening the way for a possible test of its 2009
low of 74.17. It edged up on Friday but still looked vulnerable.

Nov 5, 2010

Dollar struggles as demand for risk continues

TOKYO (Reuters) – The dollar struggled near fresh lows on Friday after breaking down to a new 2010 trough against a basket of currencies as a Federal Reserve decision this week to buy government bonds renewed investor appetite for risk assets.

The dollar index.DXY hit an 11-month low on Thursday in the aftermath of the Fed decision, opening the way for a possible test of its 2009 low of 74.17, and the euro was holding above $1.4200 after soaring as far as $1.4283, its strongest since late January.

Nov 5, 2010

FOREX: Dollar struggles as demand for risk continues

TOKYO, Nov 5 (Reuters) – The dollar struggled near fresh lows
on Friday after breaking down to a new 2010 trough against a
basket of currencies as a Federal Reserve decision this week to
buy government bonds renewed investor appetite for risk assets.

The dollar index =USD.DXY hit an 11-month low on Thursday
in the aftermath of the Fed decision, opening the way for a
possible test of its 2009 low of 74.17, and the euro was holding
above $1.4200 EUR= after soaring as far as $1.4283, its
strongest since late January.

Nov 4, 2010

Dollar on defensive as QE2 keeps carry, risk in play

TOKYO (Reuters) – The dollar held near recent lows against the euro and Australian dollar on Thursday after dropping following a Federal Reserve decision to buy more government debt, and it edged back down toward a 1995 record low on the yen.

The market concluded that the Fed’s decision to buy $600 billion more in Treasuries by the middle of next year was ultimately in line with expectations, spelling more dollar supply that would be likely to weigh it down further.

Nov 1, 2010

Dollar slides as jump on suspected miss-hit fades

TOKYO, Nov 1 (Reuters) – The dollar fell against a basket of
currencies on Monday and, after a brief spike against the yen on
intervention speculation, quickly lost height there as well as
talk circulated the jump had been caused by a miss-hit or
technical glitch.

The greenback came under pressure against most other major
currencies, with the euro testing resistance at $1.4000, as the
market gears up for the Federal Reserve to step up money printing
after its policy meeting on Nov. 2-3.

Nov 1, 2010

Dollar/yen jump short-lived after suspected miss-hit

TOKYO (Reuters) – The dollar jumped against the yen on Monday in a market wary of Japanese intervention but quickly gave up its gains as traders cited talk that there might have been a miss-hit or technical glitch rather than intervention.

The greenback came under pressure against most other major currencies as the market gears up for the Federal Reserve to step up money printing after its policy meeting on November 2-3.

Oct 29, 2010

Dollar grinds towards 1995 record low as yen gains

TOKYO (Reuters) – The dollar fell within sight of its 1995 record low on Friday as the yen rose broadly and pushed down the euro and higher-yielders, with trade made choppy by month-end business but still in ranges ahead of a Federal Reserve decision on easing.

The euro fell 0.7 percent and the Australian dollar 0.6 percent against the yen, and the European currency triggered sell orders as it headed down to 112.00 yen, with more sell stops expected below that threshold.

Oct 26, 2010

Dollar hovers above record low vs yen

TOKYO (Reuters) – The dollar held just a yen above its 1995 record low against the Japanese currency on Tuesday, prompting Japanese policy-makers to remind the market that Tokyo might intervene if pushed to stop its currency from rising.

The dollar eased against a basket of currencies but was firmer on the euro after the single currency failed to sustain gains the previous day back toward a recent eight-month high, highlighting the fact that the greenback is finding bouts of support.

Oct 26, 2010

Dollar hovers above record low vs yen, Japan unhappy

TOKYO, Oct 26 (Reuters) – The dollar held just a yen above
its 1995 record low against the Japanese currency on Tuesday,
prompting Japanese policy-makers to remind the market that Tokyo
might intervene if pushed to stop its currency from rising.

The dollar eased against a basket of currencies but was
firmer on the euro after the single currency failed to sustain
gains the previous day back towards a recent eight-month high,
highlighting the fact that the greenback is finding bouts of
support.