Euro falls, yen gains as Boehner drops “fiscal cliff” plan
SINGAPORE, Dec 21 (Reuters) – The euro fell against the
dollar on Friday as Republican House Speaker John Boehner
abandoned his Bill to avoid the “fiscal cliff”, conceding there
weren’t enough votes for it in the chamber.
Boehner handed back responsibility for getting a bill passed
to President Barack Obama and his Democrat-dominated Senate, and
Republican Representative Peter Roskam said the U.S. House of
Representatives would adjourn until after Christmas,
Yen hits 16-month trough vs. euro, BOJ meeting in spotlight
SINGAPORE (Reuters) – The yen hit a 16-month low against the euro on Wednesday, weighed down by expectations the Bank of Japan will unveil more monetary stimulus on Thursday, after a two-day policy meeting.
The euro hit its strongest level against the yen since August 2011 and also touched a 7-1/2-month high versus the dollar, as tentative signs of progress in U.S. budget talks helped bolster demand for riskier assets.
Yen hits 16-month low vs euro, BOJ meeting in spotlight
SINGAPORE, Dec 19 (Reuters) – The yen hit a 16-month low
against the euro on Wednesday, weighed down by expectations the
Bank of Japan will unveil more monetary stimulus after a policy
meeting on Thursday.
The euro hit its strongest level against the yen since
August 2011 and also touched a 7-1/2-month high versus the
dollar, as tentative signs of progress in U.S. budget talks
helped bolster demand for riskier assets.
Yen edges lower, hovers near 20-month low vs. dollar
SINGAPORE/TOKYO (Reuters) – The yen edged lower and neared a 20-month low versus the dollar on Tuesday, dogged by expectations that a new Japanese government would nudge the Bank of Japan toward more drastic monetary stimulus.
The yen had skidded to its lowest level in over a year and a half on Monday after Japan’s conservative Liberal Democratic Party (LDP), which is committed to aggressive monetary easing, won a landslide election victory.
Asian shares off 9-month high on weak U.S. data
SINGAPORE, Dec 4 (Reuters) – Asian shares dipped on Tuesday
after U.S. manufacturing activity hit a three-year low in
November, while the euro hovered near a six-week high on
optimism over a planned debt buy back by Greece.
MSCI’s broadest index of Asia-Pacific shares outside Japan
eased 0.2 percent to 451.27, backing away from a
nine-month high struck on Monday.
Euro eases but supported by U.S. fiscal hopes
SINGAPORE (Reuters) – The euro eased versus the dollar on Thursday, but its losses were limited after comments from U.S. policymakers rekindled hopes for a deal to avoid a sharp fiscal tightening that could hurt the global economy.
“For the moment, the U.S. fiscal cliff seems to be a dominant theme in the market,” said Katsunori Kitakura, associate general manager of market-making at Sumitomo Mitsui Trust Bank.
Euro hits 1-month high on Greece deal; yen retreats
SYDNEY/SINGAPORE, Nov 27 (Reuters) – The euro hit a
one-month high versus the dollar on Tuesday after a deal on a
new debt target for Greece but the gains proved fleeting as an
agreement had been largely priced in, and some analysts said the
single currency could start to lose momentum.
The yen slipped after Japan’s opposition leader and likely
next prime minister after an election next month reiterated
calls for bolder monetary and fiscal stimulus to revive the
country’s economy.
Euro touches 1-month high after Greek debt deal, yen off lows
SYDNEY/SINGAPORE, Nov 27 (Reuters) – The euro hit a
one-month high versus the dollar on Tuesday after international
lenders agreed on a new debt target for Greece, in a step
towards releasing a much-needed aid package for Athens.
The euro rose to as high as $1.3010, its highest
level since late October, before easing to $1.2981, down 0.1
percent from late U.S. trade on Monday.
Euro touches 7-month peak vs yen, supported on Greek hopes
SINGAPORE/SYDNEY, Nov 26 (Reuters) – The euro hit a
seven-month high against the yen and held near a one-month peak
versus the dollar on Monday, supported by hopes that Greece will
finally secure new emergency loans to keep it afloat.
Euro zone finance ministers meet on Monday for a third time
in as many weeks to hammer out a deal to get international
lenders to release aid to Greece in time for debt repayments due
mid-December.
Euro hits 7-month high vs yen, supported on Greek hopes
SINGAPORE/SYDNEY, Nov 26 (Reuters) – The euro hit a
seven-month high against the yen and held near a one-month peak
versus the dollar on Monday, supported by hopes that Greece will
finally secure more emergency loans to keep it afloat.
Euro zone finance ministers meet on Monday for a third time
in as many weeks to hammer out a deal to get international
lenders to release aid to Greece in time for debt repayments due
mid-December.
