SINGAPORE, Jan 24 (Reuters) – Singapore’s factories may be
in for a rougher ride this year if manufacturers ramped up
output in anticipation of a pick-up in global demand, and caused
stocks to swell.
That worry is underscored by the city-state’s firm
industrial output growth that contrasts with its weak exports.
SYDNEY/SINGAPORE, Jan 21 (Reuters) – The dollar rose versus
the yen on Tuesday, helped by renewed talk that the U.S. Federal
Reserve may announce a further reduction of its bond-buying
stimulus next week, while the New Zealand dollar surged after a
surprise pick-up in inflation.
The U.S. dollar advanced 0.5 percent to 104.65 yen,
bringing it closer to possible resistance near 104.92 yen, an
intraday high hit on Jan. 16.
SYDNEY/SINGAPORE, Jan 20 (Reuters) – The U.S. dollar set a
two-month high versus the euro on Monday, having enjoyed a solid
comeback last week after a string of mostly upbeat data
convinced markets the Federal Reserve will continue its gradual
withdrawal of stimulus.
The beleaguered Australian dollar got a bit of relief after
China’s annual economic growth in the October-December quarter
of 2013 came in at 7.7 percent, down from 7.8 percent in the
previous three months but slightly ahead of market expectations
for growth of 7.6 percent.
SYDNEY/SINGAPORE (Reuters) – The yen eased versus the dollar on Tuesday, taking a breather after having rallied broadly the previous day following a selloff on Wall Street and a further drop in U.S. Treasury yields.
The dollar rose 0.5 percent to 103.48 yen, regaining some ground after its 1.1 percent drop on Monday, when the dollar fell to as low as 102.85 yen, its lowest level in about a month.
SINGAPORE/SYDNEY (Reuters) – The dollar hit its lowest level in nearly a month versus the yen on Monday after surprisingly soft U.S. jobs data disappointed dollar bulls, with traders reassessing how quickly the Federal Reserve can scale back stimulus.
The dollar slid 0.6 percent to 103.48 yen, having fallen to 103.26 yen at one point, its lowest level since December 18. The greenback’s losses accelerated after it breached Friday’s intraday low of 103.83 yen.
SINGAPORE/SYDNEY, Jan 13 (Reuters) – The dollar hit its
lowest level in nearly a month versus the yen on Monday after
surprisingly soft U.S. jobs data disappointed dollar bulls,
with traders reassessing how quickly the Federal Reserve can
scale back stimulus.
The dollar slid 0.6 percent to 103.48 yen, having fallen to
103.26 yen at one point, its lowest level since Dec. 18.
The greenback’s losses accelerated after it breached Friday’s
intraday low of 103.83 yen.
SINGAPORE/SYDNEY, Jan 7 (Reuters) – The dollar edged higher
versus the yen on Tuesday but was still struggling to recoup its
losses from the previous day, when investors took aim at the
greenback in the wake of disappointing U.S. data.
Trading is usually lacklustre in the first full trading week
of the year as investors trickle back to their desks, with
position adjustments dominating trade. That has given some
support to the yen, the worst performing major currency in 2013
due to Japan’s ultra-loose monetary policy.
SINGAPORE (Reuters) – The yen edged higher on Monday and pulled away from recent five-year lows versus the dollar and the euro, with traders using weakness in Tokyo stocks as a pretext to buy the Japanese currency.
Although Japanese equities often take cues from moves in the yen, the correlation can work the other way as well.
SINGAPORE, Jan 3 (Reuters) – The yen rose in a
short-covering rally on Friday, getting some respite in the wake
of its recent slide to five-year lows versus the dollar and the
The yen’s climb built up steam due to stop-loss selling in
the dollar and the euro versus the Japanese currency, traders
SINGAPORE, Jan 3 (Reuters) – The dollar held steady near a
two-week high versus a basket of currencies on Friday after
positive U.S. economic data reinforced expectations the Federal
Reserve will continue to step away from its bond buying
U.S. factory activity held near a 2-1/2-year high in
December and the number of Americans filing new claims for
jobless benefits fell again last week, data showed on Thursday,
suggesting the world’s largest economy was on stable footing.