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Aug 20, 2013

Euro firmer vs yen but stays below two-week high

SINGAPORE, Aug 20 (Reuters) – The euro inched higher versus
the yen on Tuesday, but stayed below a two-week high set the
previous day as a retreat in risky assets lent support to the
Japanese currency.

The euro edged up 0.1 percent versus the yen to about 130.30
yen but stayed below Monday’s peak of 131.05 yen, the
euro’s highest level versus the yen since Aug. 5.

Aug 19, 2013

Dollar struggles to gain traction, Fed minutes in focus

SINGAPORE, Aug 19 (Reuters) – The dollar inched higher
versus a basket of currencies on Monday, with the near-term
focus on the minutes of the Federal Reserve’s July policy
meeting due later this week.

Moves in the greenback were subdued overall, with the dollar
index edging up 0.1 percent to 81.352 and staying above a
seven-week low of 80.868 set earlier in August.

Aug 19, 2013

Dollar struggles to gain traction ahead of Fed minutes

SINGAPORE, Aug 19 (Reuters) – The dollar inched higher
versus a basket of currencies on Monday, with the near-term
focus on the minutes of the Federal Reserve’s July policy
meeting due later this week.

Moves in the greenback were subdued overall, with the dollar
index inching up 0.1 percent to 81.306 and staying above
a seven-week low of 80.868 set earlier in August.

Aug 19, 2013

Dollar steady, supported by rise in U.S. bond yields

SINGAPORE (Reuters) – The dollar held firm versus a basket of currencies on Monday and stayed above a recent seven-week low, getting support after U.S. 10-year Treasury yields set a two-year high on Friday.

The dollar index, which measures the greenback’s value against a basket of major currencies, inched up 0.1 percent to 81.333 .DXY, staying above its August 8 low of 80.868, the lowest for the dollar index since June 19.

Aug 7, 2013

Dollar wobbles after touching 6-wk low vs yen on Fed uncertainty

SINGAPORE, Aug 7 (Reuters) – The dollar hit a six-week low
against the yen on Wednesday, dented by uncertainty over when
the Federal Reserve will start reducing its monetary stimulus.

The dollar came under pressure as a break of 97.50 yen
sparked stop-loss selling of the greenback, which pushed it to
97.09 yen on trading platform EBS, its lowest level against the
Japanese currency since late June.

Aug 7, 2013

Dollar hits 6-week low vs yen on Fed uncertainty

SINGAPORE, Aug 7 (Reuters) – The dollar hit a six-week low
against the yen on Wednesday, dented by uncertainty over when
the Federal Reserve will start reducing its monetary stimulus.

The dollar came under pressure as a break of 97.50 yen
sparked stop-loss selling of the greenback, and the dollar later
fell to 97.09 yen on trading platform EBS, its lowest level
against the yen since late June.

Aug 6, 2013

Aussie up as RBA offers no clear hints on more easing

SINGAPORE, Aug 6 (Reuters) – The Australian dollar pushed
higher on Tuesday after Australia’s central bank cut interest
rates as expected and refrained from offering a clear hint that
it may ease monetary policy further.

Moves in other major currencies were relatively subdued,
with the euro easing 0.1 percent to $1.3247, while the
U.S. dollar edged up 0.3 percent versus the yen to 98.53 yen
.

Aug 6, 2013

Dollar takes defensive stance; Aussie awaits RBA decision

SINGAPORE (Reuters) – The dollar slipped versus the yen on Tuesday, staying on the defensive after Friday’s U.S. jobs data lowered expectations that the Federal Reserve would start scaling back its monetary stimulus in September.

The dollar fell 0.3 percent versus the yen to 97.96 yen, edging back in the direction of a near five-week low of 97.585 yen set last Wednesday.

Aug 5, 2013

Kiwi hit by food scare; Aussie falls on flat retail sales

SINGAPORE/SYDNEY (Reuters) – The New Zealand dollar skidded to a one-year low on Monday as investors feared the worst after major dairy exporter, Fonterra, found botulism bacteria in some of its products.

Fonterra, the world’s biggest dairy exporter, said over the weekend that contaminated New Zealand-made whey protein concentrate had been exported to China, Malaysia, Vietnam, Thailand and Saudi Arabia.

Aug 2, 2013

Dollar holds steady, focus on U.S. jobs data

SINGAPORE, Aug 2 (Reuters) – The dollar held steady versus
the yen on Friday, clinging to hefty gains made the previous day
after better-than-expected U.S. data stirred hopes for an upbeat
nonfarm payrolls report.

The dollar was little changed on the day at 99.56 yen
after having surged about 1.7 percent on Thursday, the
greenback’s biggest one-day percentage rise against the yen in
about four months.