SINGAPORE/SYDNEY, Nov 20 (Reuters) – The dollar edged lower
versus the euro on Wednesday after U.S. Federal Reserve Chairman
Ben Bernanke said the Fed will maintain its ultra-easy monetary
policy for as long as needed.
The euro rose 0.1 percent to $1.3554. Earlier on
Wednesday the single currency touched a high of $1.3584 on
trading platform EBS, its loftiest level since Nov. 1.
SINGAPORE/SYDNEY, Nov 14 (Reuters) – The dollar held steady
versus a basket of currencies on Thursday, struggling to gain
traction after dovish comments from Fed chairman nominee Janet
Yellen suggested the Fed may not be close to scaling back its
Yellen, in remarks prepared for her nomination hearing
before the Senate Banking Committee later on Thursday, said the
U.S. jobless rate was still too high and both the labour market
and economy were performing “far short” of potential.
TOKYO/SINGAPORE (Reuters) – The dollar eased on Wednesday but still clung near a two-month high against the yen, supported by speculation that the U.S. Federal Reserve is on course to start reducing its stimulus as early as December.
After surprisingly strong U.S. October payroll data on Friday had many investors reassessing the timing of a Fed tapering, attention is now on the comments that nominee Fed President Janet Yellen will make at her Senate confirmation hearing on Thursday.
SYDNEY/SINGAPORE (Reuters) – The dollar held near a two-month high against a basket of major currencies on Monday, having staged a broad rally after upbeat U.S. jobs data bolstered the case for the Federal Reserve to scale back stimulus as early as next month.
The dollar index .DXY eased 0.1 percent to 81.262 but stayed within sight of a two-month high of 81.482 set on Friday after a closely watched report showed employers added 204,000 new jobs to their payrolls last month, soundly beating forecasts for 125,000 jobs.
SINGAPORE, Nov 6 (Reuters) – The euro edged higher versus
the yen on Wednesday as a rise in Tokyo shares bolstered risk
sentiment and helped knock the Japanese currency lower, while
the New Zealand dollar rose following strong local jobs data.
Currency traders said the yen fell on the crosses as
Japanese equities pushed higher after Japan’s public broadcaster
NHK said Toyota Motor Corp would lift its earnings
SYDNEY/SINGAPORE, Nov 5 (Reuters) – The euro eased on
Tuesday, stalling near a seven-week low as investors were
cautious ahead of the European Central Bank’s policy meeting
this week, while the Aussie dollar slipped after the nation’s
central bank talked down the currency.
The euro eased 0.1 percent to about $1.3499, managing
to stay just above a seven-week trough of $1.3442 set the
SINGAPORE/SYDNEY (Reuters) – The euro touched a six-week low on Monday after suffering its biggest drop in over a year last week as pressure mounted on the European Central Bank to cut interest rates to shore up growth.
The euro skidded below chart support around $1.3460/80 and fell to as low as $1.3442 on trading platform EBS, its lowest level since September 18. It later trimmed its losses and was last down 0.1 percent on the day at $1.3478.
SYDNEY/SINGAPORE, Oct 31 (Reuters) – The dollar hovered near
a two-week high against a basket of major currencies on
Thursday, after extending gains when the Federal Reserve
mollified jumpy markets and kept its massive bond-buying
stimulus in place.
Some investors had been taking profits on very bearish
dollar positions leading up to the Oct 29-30 policy meeting.
They continued to do so after the Fed’s comments suggested it
was less alarmed over the state of the economy than some had
SYDNEY/SINGAPORE (Reuters) – The dollar touched a one-week high against a basket of major currencies on Wednesday as investors further trimmed bearish positions ahead of the outcome of the Federal Reserve policy meeting.
Investors had sold the greenback heavily in the run up to the Oct 29-30 meeting on growing expectations the U.S. central bank will maintain its massive bond-buying stimulus program through to early next year.
SYDNEY/SINGAPORE (Reuters) – The dollar inched up on Tuesday, but stayed near a nine-month trough as investors bet the Federal Reserve this week will set the course for its massive stimulus program to be maintained into early next year.
The dollar index .DXY edged up slightly to 79.388. However, it remained not far off Friday’s 78.998 – a low that hadn’t been seen since February 1.