Charlotte's Feed
Sep 29, 2010

Dollar brought low by QE fever, euro eyes $1.37

TOKYO, Sept 29 (Reuters) – The ailing dollar looked
vulnerable to further losses against a swathe of currencies on
Wednesday as falling Treasury yields and disappointing U.S. data
fuelled talk that U.S. policy needed further easing.

Mounting speculation the Federal Reserve could embark on a
second round of quantitative easing (QE) kept the dollar stuck
near a five-month low on the euro and a two-year trough against
the Australian dollar.

Sep 27, 2010

Dollar wins respite, euro backs away from $1.35

TOKYO, Sept 27 (Reuters) – The dollar edged up from
five-month lows on Monday as the euro ran into profit-taking, and
it dug in against the yen as intervention jitters lent it
support.

With the end of the Japanese fiscal half year approaching,
the dollar was expected by some to see selling pressure against
the yen, although others said this could be countered by yen
sales related to the launch of Japanese mutual funds on Monday.

Sep 27, 2010

Dollar pauses as euro backs away from test of $1.35

TOKYO (Reuters) – The dollar hovered near five-month lows on the euro and eight-month lows against a basket of currencies on Monday, pausing after steep losses last week and keeping the euro from pushing to new highs above $1.3500.

The dollar fell on Friday, hurt by stronger-than-expected data in Europe and ongoing speculation that the Federal Reserve may yet turn to more quantitative easing to support the economy.

Sep 23, 2010

(REFILE)FOREX-Dollar defensive but steady, kiwi suffers

SYDNEY/TOKYO, Sept 23 (Reuters) – The U.S. dollar was on
the defensive on Thursday as speculation that the Federal
Reserve will soon start printing more money drove down Treasury
yields and kept the greenback pinned near a five-month low on
the euro.

But in holiday-thinned Asian trade, one currency faring
worse was the New Zealand dollar as data showed the country’s
economy grew just 0.2 percent last quarter, far below
expectations.

Sep 23, 2010

Dollar on back foot

SYDNEY/TOKYO (Reuters) – The U.S. dollar was on the defensive on Thursday as speculation that the Federal Reserve will soon start printing more money drove down Treasury yields and dragged the currency to a five-month low on the euro.

But in holiday-thinned Asian trade, one currency faring even worse was the New Zealand dollar as data showed the country’s economy grew just 0.2 percent last quarter, far below expectations.

Sep 23, 2010

Dollar on back foot, kiwi dumped on dire data

SYDNEY/TOKYO, Sept 23 (Reuters) – The U.S. dollar was on
the defensive on Thursday as speculation that the Federal
Reserve will soon start printing more money drove down Treasury
yields and dragged the currency to a five-month low on the
euro.

But in holiday-thinned Asian trade, one currency faring
even worse was the New Zealand dollar as data showed the
country’s economy grew just 0.2 percent last quarter, far below
expectations.

Sep 22, 2010

Dollar slides after Fed, market wary of intervention

TOKYO, Sept 22 (Reuters) – The dollar fell on Wednesday to
its weakest level on the yen since Japan intervened last week,
fuelling speculation of more intervention after the Federal
Reserve raised expectations it would print more dollars to help
the U.S. economy.

The dollar hit its lowest in seven weeks against the euro and
a basket of currencies, and dropped below 85.00 yen JPY=.

Sep 22, 2010

Dollar on skids after Fed statement

TOKYO (Reuters) – The dollar fell on Wednesday to its weakest level on the yen since Japan intervened last week after the Federal Reserve signaled it was ready to stimulate the economy more, raising expectations it would print more dollars.

The dollar hit its lowest in seven weeks against the euro and a basket of currencies, and fell below 85.00 yen, which spurred speculation Japanese authorities may intervene to curb yen gains after they resumed yen-selling for the first time since 2004 last week.

Sep 22, 2010

Dollar on skids after Fed, market eyes Japan

TOKYO, Sept 22 (Reuters) – The dollar fell on Wednesday to
its weakest level on the yen since Japan intervened last week
after the Federal Reserve signalled it was ready to stimulate the
economy more, raising expectations it would print more dollars.

The dollar hit its lowest in seven weeks against the euro and
a basket of currencies, and fell below 85.00 yen JPY=, which
spurred speculation Japanese authorities may intervene to curb
yen gains after they resumed yen-selling for the first time since
2004 last week.

Sep 17, 2010

Q+A: How is Japan judging success in yen intervention?

TOKYO (Reuters) – Japan’s first yen-selling intervention in six years has lifted the dollar well above a 15-year low hit this week, raising questions about what authorities would consider success in the unilateral action.

Just minutes after the dollar hit a low of 82.87 yen on Wednesday, Japanese authorities stepped into the market and made their biggest one-day intervention on record, selling an estimated 2 trillion yen ($23 billion).