NEW YORK, Nov 21 (Reuters) – The euro fell sharply on Friday
after European Central Bank chief Mario Draghi said inflation
expectations were declining to levels that were very low,
keeping the door open for further monetary easing soon.
The euro fell 1 percent to $1.2413 and tumbled 1.32
percent against the yen to 146.27 yen.
NEW YORK, Nov 20 (Reuters) – The U.S. dollar dipped from a
seven-year high against the yen on Thursday as stocks gained,
pausing a rally that has sent the greenback up by almost 10
percent in three weeks, though many see the U.S. currency on
track for further gains.
The yen has weakened since the Bank of Japan last month
shocked markets with further monetary easing. The dollar rose as
high as 118.96 yen in overnight trading, the highest
since August 2007, and last traded at 118.01 yen.
NEW YORK, Nov 19 (Reuters) – The dollar rose to seven-year
highs against the Japanese yen on Wednesday after the Federal
Reserve meeting released minutes contained no big surprises to
make investors change their bets that the U.S. economy will keep
Fed policy makers wrestled with whether to nod to financial
market volatility and a weakening global economy in their
statement last month, but opted not to.
NEW YORK (Reuters) – The dollar hit a seven-year high against the yen on Wednesday ahead of Federal Reserve meeting minutes that could shed more light on the divergence in monetary policy between the U.S. central bank and its major global peers.
The yen also weakened to a six-year trough against the euro, after Japanese Prime Minister Shinzo Abe postponed a sales tax hike in a move seen as supportive for stock markets but negative for the currency.
NEW YORK, Nov 18 (Reuters) – The U.S. dollar weakened
against the euro on Tuesday on a better than expected survey of
German sentiment and was steady against the Japanese yen after
Japanese Prime Minister Shinzo Abe said he would call an early
election to seek a fresh mandate for his economic policies.
German analyst and investor sentiment rose in November for
the first time in almost a year, surpassing expectations and
raising hopes of an improvement in Europe’s biggest economy
after it dodged recession in the third quarter.
NEW YORK, Nov 17 (Reuters) – The U.S. dollar gained against
the euro and a basket of currencies on Monday after European
Central Bank officials spoke of possible further actions to
boost the region’s struggling economy and Japan unexpectedly
slipped into recession.
ECB President Mario Draghi said the central bank is ready
for further stimulus if its current efforts are not sufficient
to accelerate the region’s recovery.
NEW YORK (Reuters) – The Japanese yen steadied against the U.S. dollar on Monday, coming off seven-year lows after Japan’s economy unexpectedly slipped into recession in the third quarter.
Japan’s economic shock sets the stage for Prime Minister Shinzo Abe to delay an unpopular sales tax hike and call a snap election two years before he has to go to the polls.
NEW YORK, Sept 12 (Reuters) – The dollar index posted its
ninth consecutive week of gains on Friday and the U.S. currency
rose to six-year highs against the yen on speculation that the
Federal Reserve may strike a more hawkish tone when it meets
A recent string of improving economic data has raised
expectations that the Fed may act sooner to raise interest
rates, a move most investors expect will begin next year.
NEW YORK, Sept 12 (Reuters) – The dollar was steady on
Friday at six-year highs against the yen, and the dollar index
was headed for a ninth consecutive week of gains after strong
retail sales data added to expectations that U.S. growth is
U.S. retail sales rose broadly in August, which should ease
some concerns about consumer spending and support expectations
for sturdy growth in the third quarter.
NEW YORK (Reuters) – The dollar was steady on Friday and traded near six-year highs against the yen after data showed improving U.S. retail sales in August but a drop in import prices.
The dollar index was headed for a ninth consecutive week of gains on growing expectations the U.S. Federal Reserve may act sooner to raise interest rates after a run of strong data.