JGBs slip after auction disappoints, superlongs outperform
TOKYO, April 2 (Reuters) – Japanese government bond prices
dropped on Tuesday following some disappointment on the result
of a 10-year JGB auction, though expectations of more aggressive
bond buying by the Bank of Japan underpinned the market.
Longer maturities fared better, with the 30-year bond yield
briefly matching a near-decade low hit last week, as soft U.S.
manufacturing data hurt share prices — to the benefit of
low-risk low-return bonds.
Euro nears 4-month low on fears over Cyprus fallout, yen firmer
TOKYO, April 1 (Reuters) – The euro sagged on Monday to
approach a four-month low on concerns about the spillover from
Cyprus’ bailout terms, while the Aussie dollar was tripped up
after data showed a slower rebound in Chinese factory activity
in March than expected.
The yen firmed across the board as a few large purchases of
the Japanese currency made a splash on a day with low liquidity
and few participants, with most markets closed for Easter
holidays.
Euro stays near four-month low, yen unmoved by BOJ tankan
TOKYO (Reuters) – The euro started the quarter on a weak note on Monday, staying near a four-month low on worries that the euro zone’s rescue for Cyprus might have opened a can of worms and as Italy struggles to find a way out of its political impasse.
The yen was little moved by the Bank of Japan’s tankan survey, which showed Japanese business sentiment had improved slightly less than anticipated, as investors looked ahead to the central bank’s policy meeting later this week.
Euro edges down on Cyprus worries, Italy political deadlock
TOKYO, March 29 (Reuters) – The euro hovered near a
four-month lows on worries that losses suffered by Cypriot
depositors may unnerve investors in other euro zone debt and on
Italian political woes, but market participants also said the
single currency seems to have found a bottom for now.
Trade was, however, subdued with many markets closed for
Easter holidays, and there was limited reaction to North Korea
putting its missile units on standby to attack U.S. military
bases in South Korea and the Pacific.
Euro bounces slightly, but Italy deadlock weighs
TOKYO, March 29 (Reuters) – The euro edged up on Friday but
stayed near four-month lows against the dollar, beset by
political deadlock in Italy and worries the huge losses suffered
by Cypriot depositors as part of a bailout could unnerve
investors in other euro zone debt.
But trade was subdued with many markets closed for Easter
holidays, and there was limited reaction to North Korea putting
its missile units on standby to attack U.S. military bases in
South Korea and the Pacific.
Euro near 4-month low on signs of flight-to-quality
TOKYO (Reuters) – The euro hovered near four-month lows against the dollar on Friday, beset by political deadlock in Italy and worries huge losses Cypriot depositors have been forced to stomach as part of a bailout could unnerve investors in other euro zone debt.
The market has so far shown a limited response to escalating geopolitical tension after North Korea said it had put rocket units on standby to attack U.S. military bases in South Korea and the Pacific.
Italy and Cyprus fears take toll on euro, yen firms while easing awaited
TOKYO, March 28 (Reuters) – The euro languished at
four-month lows on Thursday, after a rise in Italy’s funding
costs delivered an extra blow for the currency already suffering
from ramifications of the rescue deal for Cyprus.
The yen gained slightly followed a period of weakening due
to expectations – now heavily priced in – of aggressive monetary
easing by the Bank of Japan at new governor Haruhiko Kuroda’s
first policy review on April 3-4.
Worries about Italy & Cyprus take toll on euro
SYDNEY/TOKYO, March 28 (Reuters) – The euro languished at
four-month lows on Thursday, having suffered a further setback
as a rise in Italy’s funding costs weighed on markets already
worried about the ramifications of Cyprus’ controversial rescue
deal.
The yen firmed as Japanese exporters repatriated funds ahead
of their financial year-end, though expectations of aggressive
monetary easing by the Bank of Japan kept the currency in check.
Euro sulks near 4-month low, yen softened by BOJ hopes
TOKYO, March 27 (Reuters) – The euro stayed near a
four-month low against the dollar on Wednesday as fears about
the currency bloc’s financial stability festered in the wake of
the Cyprus rescue deal, while the yen dropped on stronger hopes
for bond buying by the Bank of Japan.
The euro dropped 0.1 percent to $1.2849, not far from
the four-month low of $1.2828 hit on Tuesday.
Euro sulks near 4-month low, yen nudged down by BOJ hopes
TOKYO, March 27 (Reuters) – The euro hovered near a
four-month low against the dollar on Wednesday after a rescue
deal for Cyprus raised fears about financial stability in the
currency bloc, while the yen slipped on hopes of more bond
buying by the Bank of Japan.
Commodity currencies held firm after upbeat data on U.S.
home prices helped to lift U.S. shares, with the Dow Jones
Industrial Average hitting yet another new record and the S&P
500 near its all-time closing high.
