SINGAPORE/TOKYO, July 31 (Reuters) – The dollar backed off
from a one-week high against a basket of currencies on Friday,
but was still seen on firm footing after U.S. GDP data supported
the case for the Federal Reserve to raise interest rates later
The dollar index last traded at 97.358 , taking
a breather after rising to as high as 97.773 on Thursday, its
strongest in more than a week.
TOKYO (Reuters) – The dollar held near one-week highs against a basket of major currencies on Friday as investors interpreted latest U.S. GDP readings as keeping the Federal Reserve on track for its first interest rate hike since 2006.
The dollar index rose to as high as 97.773 .DXY =USD on Thursday, having risen 1.5 percent from its low on Monday and last stood at 97.455.
TOKYO, July 30 (Reuters) – Asian shares were firm on
Thursday after the U.S. Federal Reserve said it saw the economy
and jobs continuing to strengthen, helping lift the dollar as
traders bet that higher U.S. interest rates were around the
Japan’s Nikkei rose 0.8 percent while Australian
shares tacked on 0.3 percent and South Korean shares
gained 0.2 percent.
TOKYO/SINGAPORE, July 29 (Reuters) – The dollar eased versus
the yen on Wednesday but held above a recent two-week low as
investors awaited hints from the U.S. Federal Reserve on the
timing and pace of future interest rate increases.
Ahead of the Fed’s policy statement due at 1800 GMT, trading
could be swayed by month-end related flows, with Wednesday being
the last trading day for settlement before the month end,
TOKYO (Reuters) – The dollar held on to its modest overnight gains in early Wednesday trade as traders look to any hints from the U.S. Federal Reserve on the timing and the pace of its future rate hikes.
Ahead of the Fed’s policy statement due at 1800 GMT (1400 EDT), trading could be swayed by various month-end related flows, with Wednesday being the last trading day for settlement before month-end, traders said.
TOKYO (Reuters) – Asian shares and the euro gained in early Asian trade on Friday after Greece offered new reform proposals to creditors, raising hopes of a cash-for-reform deal at a weekend summit of European leaders.
MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was up 0.3 percent, but still on track for a weekly loss over 4 percent in a period marred by a savage correction in Chinese stock markets.
TOKYO (Reuters) – Asian stocks won a reprieve on Tuesday after sharp falls the previous day but investors remained on edge amid uncertainty over Greece’s position in the euro and volatility in mainland Chinese share markets.
Japan’s Nikkei .N225 rose 1.2 percent while MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS, which fell to six-month low on Monday, was up 0.2 percent.
SYDNEY/TOKYO (Reuters) – Asian stocks and the euro stumbled on Monday after a Greek vote against austerity measures endangered its future in the single currency and raised the risk of a full-blown crisis in the euro zone.
U.S. equity futures dropped around 1.2 percent though they were off early lows. Japan’s Nikkei share index fell 1.4 percent while MSCI’s broadest index of Asia-Pacific shares outside Japan dropped 0.5 percent.
SYDNEY/TOKYO (Reuters) – The euro and stock prices fell sharply in Asia on Monday after the Greeks had overwhelmingly rejected austerity measures demanded in return for bailout money, putting in doubt its continued place in the single currency.
U.S. equity futures dropped around 1.4 percent ESc1 while Japan’s Nikkei .N225 shares fell 1.4 percent and MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS dropped 0.5 percent.
TOKYO (Reuters) – Asian stocks were little changed on Friday, with investors reluctant to stake out fresh positions after disappointing U.S. employment data and cautious ahead of Greece’s weekend referendum which may decide its future in Europe.
China’s increasingly volatile markets may upstage Greek concerns in the session, after that country’s securities market regulator said it had opened an investigation into suspected market manipulation after a slump of more than 20 percent in Chinese stocks since mid-June.