SYDNEY/SINGAPORE (Reuters) – The dollar hit a 13-month peak against a basket of major currencies on Wednesday, with the euro still struggling amid expectations of further policy easing from the European Central Bank.
The dollar index rose as far as 82.727 at one point, its highest level since July 2013. It was last steady on the day at 82.648.
SINGAPORE/SYDNEY, Aug 22 (Reuters) – The dollar hovered just
below its 2014 peak against a basket of major currencies on
Friday, with bulls turning cautious ahead of a speech by Federal
Reserve Chair Janet Yellen.
The dollar index held steady at 82.144, having risen
as high as 82.364 on Thursday – a level last seen in early
TOKYO/SINGAPORE (Reuters) – The dollar touched an 11-month high against a basket of major currencies on Wednesday after positive U.S. housing data the previous day fed hopes that the world’s biggest economy is strengthening.
The dollar index .DXY =USD surged to as high as 81.995, its highest level since September. It last stood at 81.974, up 0.1 percent on the day.
SYDNEY/SINGAPORE (Reuters) – Sterling set a fresh four-month low on Thursday, staying on the defensive after the Bank of England surprised investors the previous day by signaling it was in no hurry to raise interest rates.
The pound touched a low of $1.6668 GBP=D4, its lowest level since mid-April, and down 3 percent from a near six-year high of $1.7192 touched in mid-July. It last traded at $1.6680, down about 0.1 percent on the day.
SINGAPORE/SYDNEY (Reuters) – The yen held steady versus the dollar on Wednesday, showing limited reaction to the widely expected contraction in Japan’s economy in April-June, while the euro hovered above the previous day’s lows.
Japan’s economy shrank an annualised 6.8 percent in the second quarter, suffering its biggest contraction since the devastating March 2011 earthquake as a sales tax hike took a heavy toll on household spending.
SINGAPORE, Aug 12 (Reuters) – Singapore’s economic growth slowed
significantly in the second quarter even though it avoided a quarterly
contraction, and analysts say the second half could be worse.
Some economists have recently either downgraded or noted downside risks to
their full-year growth forecasts, citing factors such as weakness in
manufacturing activity, the impact of Singapore’s ongoing economic
restructuring, and a slack property market.
SYDNEY/SINGAPORE, Aug 11 (Reuters) – The yen eased versus the dollar on
Monday, having backed off from peaks hit late last week as a slight relaxation
in geopolitical tensions dampened demand for the safe-haven Japanese currency.
The dollar inched up 0.1 percent to 102.17 yen, having bounced off
Friday’s two-week trough of 101.51. The euro edged up 0.1 percent to 136.91 yen
, well off an 8-1/2 month low of 135.73 set on Friday.
SINGAPORE/SYDNEY, Aug 7 (Reuters) – The yen sagged against
the dollar on Thursday, coming under pressure on news Japan’s
Government Pension Investment Fund (GPIF) plans to increase its
allocation to domestic equities.
The dollar rose 0.3 percent to 102.40 yen, pulling
away from a 1-1/2 week low near 101.76 yen set on Wednesday.
SINGAPORE/SYDNEY (Reuters) – The euro held steady above a nine-month low on Thursday ahead of a policy review by the European Central Bank, while the Aussie dollar tumbled after surprisingly weak Australian jobs data.
The Australian dollar slid 0.8 percent to $0.9284 AUD=D4, nearing a two-month low of $0.9275 set last week.
SINGAPORE/SYDNEY, Aug 6 (Reuters) – The euro slipped to a
nine-month low on Wednesday, extending its losses after data
showed a sharp drop in German industrial orders, while the New
Zealand dollar took a hit after a fall in dairy prices.
A Singapore-based trader said investor risk aversion on
concerns about the tensions in Ukraine helped to bolster the
dollar broadly, and weighed on the euro.