TOKYO (Reuters) – The yen got a slight reprieve on Tuesday, ticking up from a six-month low against the dollar after soft U.S. housing data, but the Japanese unit stayed near multiyear lows against European currencies.
The euro was resilient despite a setback on Monday following dovish comments from European Central Bank officials, while the British pound held steady as investors look to comments from Bank of England Governor Mark Carney later in the day.
TOKYO, Nov 25 (Reuters) – Pressure on the yen is rising
after six months of relatively calm, range-bound trading, with
bears heartened by various technical signs as well as rising
global risk appetite.
The Japanese currency skidded to a six-month low versus the
dollar on Monday, sending the greenback above its July peak of
101.54 yen to 101.91 yen.
SEATTLE/TOKYO (Reuters) – Boeing advised airlines on Friday about a risk of engine icing problems on its new 747-8 and 787 Dreamliner planes with engines made by General Electric, urging 15 carriers to avoid flying them near high-level thunderstorms.
The warning led Japan Airlines to pull 787 Dreamliners from two international routes. Other affected airlines include Lufthansa, United Airlines, an arm of United Continental Holdings and Cathay Pacific Airlines.
SYDNEY/TOKYO, Nov 21 (Reuters) – The dollar climbed to a
four-month high versus the yen on Thursday after minutes from
the Federal Reserve’s latest meeting showed officials believed
they might be able to start scaling back its stimulus programme
Also helping underpin the dollar, the euro was pressured by
talk of more European Central Bank policy easing, shedding all
its gains against the greenback over the past week.
SYDNEY/TOKYO (Reuters) – The dollar climbed to a two-month high versus the yen on Thursday after minutes from the Federal Reserve’s latest meeting showed officials felt they might be able to start scaling back its stimulus at one of its next few meetings.
Also helping underpin the dollar, the euro was downed by talk of more European Central Bank policy easing, shedding all of its gains made against the greenback over the past week.
TOKYO (Reuters) – Asian shares mostly tracked Wall Street stocks lower on Wednesday but dovish comments from Federal Reserve Chairman Ben Bernanke helped to limit their losses, lifting commodity prices, and putting pressure on the dollar.
Chinese policymakers set the yuan’s midpoint at the highest level since the 2005 revaluation, a day after China’s central bank said it would gradually withdraw from regular intervention in the foreign exchange market.
TOKYO, Nov 20 (Reuters) – Asian share markets could extend
gains on Wednesday as the dollar sagged after Federal Reserve
Chairman Ben Bernanke said the Fed is committed to easy policy
as long as needed.
Asian currencies could also gain if the Chinese yuan
strengthens further after China’s central bank said it would
gradually exit from regular intervention in the foreign exchange
TOKYO, Nov 19 (Reuters) – The dollar was on the defensive on
Tuesday on expectations that the Federal Reserve will keep its
easy policy stance and on sharpened appetite for risk following
Beijing’s announcement of sweeping reforms.
But optimistic comments on the U.S. economy by Fed officials
slightly dented the prevailing expectations on Fed policy,
limiting losses for the dollar.
TOKYO (Reuters) – The dollar was kept in check in early Asian trade on Tuesday, reflecting expectations that the Federal Reserve will keep its easy policy stance and on sharpened appetite for risk following Beijing’s announcement of sweeping reforms.
The greenback kept some distance from Monday’s 12-day low against a basket of currencies, however, following a drop in Wall Street shares from record highs late Monday and optimistic comments on the U.S. economy from Fed officials.
TOKYO (Reuters) – The yen dropped to a two-month low against the dollar and a four-year trough versus sterling on Friday after Federal Reserve Chair nominee Janet Yellen’s dovish remarks boosted risk appetite, undermining the low-yielding Japanese currency.
Yellen defended the U.S. central bank’s stimulus to spur growth and called efforts to boost hiring an “imperative”, reinforcing investors’ expectations that U.S. monetary stimulus may be in place for an extended period.