SYDNEY/SINGAPORE, Jan 29 (Reuters) – The New Zealand dollar
pared some losses but remained near a four-year low on Thursday
as investors priced in a greater chance of rate cuts there,
while U.S. dollar bulls focused on the positive in the Federal
Reserve’s latest policy statement.
The kiwi had tumbled to $0.7314, its lowest level
since March 2011, after the Reserve Bank of New Zealand opened
the door to a possible cut in rates, having only last month
flagged that further tightening was needed.
SYDNEY/SINGAPORE (Reuters) – The euro steadied versus the dollar on Tuesday, after having bounced off an 11-year trough the previous day as investors decided to take profits on extremely bearish positions.
The common currency last traded near $1.1238, having pulled up from Monday’s low of $1.1098 – a level not seen since September 2003.
SINGAPORE/SYDNEY, Jan 23 (Reuters) – The euro set a fresh
11-year low versus the dollar on Friday, staying under pressure
after the European Central Bank launched a landmark bond-buying
programme to support the sagging euro zone economy.
The euro touched a low of around $1.1315 on trading platform
EBS, its lowest level since September 2003. The euro last traded
at $1.1343, down 0.2 percent on the day.
SYDNEY/SINGAPORE (Reuters) – The euro wallowed near an 11-year low on Friday after suffering a massive decline as the European Central Bank launched a stimulus program that would pump hundreds of billions in new money into a sagging euro zone economy.
The common currency tumbled on Thursday as the market took in news that the ECB would purchase sovereign debt from this March until the end of September 2016, by which time more than 1 trillion euros would have been created under quantitative easing.
SINGAPORE (Reuters) – Japan could see some “concrete movement” in its real economy in 2015, an economic adviser to Japanese Prime Minister Shinzo Abe said on Thursday, adding that inflation expectations have been rising under the Bank of Japan’s monetary stimulus.
The Japanese economy will show a powerful upward trend this year, said Etsuro Honda, a University of Shizuoka professor and a prominent outside architect of Abe’s reflationary policies.
SYDNEY/SINGAPORE (Reuters) – The euro held steady on Thursday as investors awaited details of a sovereign bond-buying program that the European Central Bank is seen likely to announce later in the day.
Market expectations are sky-high for the ECB to unveil a large-scale program of quantitative easing.
SINGAPORE (Reuters) – The dollar hit its highest level in nearly nine years against a basket of currencies on Friday, drawing strength from the U.S. economy’s outperformance and the diverging outlook for monetary policies among major economies.
The dollar kicked off 2015 on a strong note after a stellar 2014 when the dollar index surged nearly 13 percent in its best yearly performance since 1997.
SINGAPORE (Reuters) – Singapore’s economic growth slowed more than expected in the fourth quarter as the manufacturing sector contracted in the face of erratic global demand, raising concerns about the outlook for 2015.
Gross domestic product expanded by 1.6 percent in the fourth quarter on an annualised and seasonally adjusted basis, advance estimates from the Ministry of Trade and Industry (MTI) showed on Friday.
SINGAPORE, Dec 31 (Reuters) – The dollar was on track to end
2014 with a gain of 12 percent against a basket of major
currencies, and anticipated U.S. interest rake hikes may
strengthen its appeal in the new year.
This year’s gain will be the dollar’s largest since 2005,
when it climbed nearly 13 percent.
SINGAPORE (Reuters) – The dollar was on track to end 2014 with a gain of 12 percent against a basket of major currencies, and anticipated U.S. interest rake hikes may strengthen its appeal in the new year.
This year’s gain will be the dollar’s largest since 2005, when it climbed nearly 13 percent.