Masayuki's Feed
Oct 16, 2013

Dollar firms vs yen on hopes for U.S. debt deal

SINGAPORE/TOKYO (Reuters) – The dollar rose against the yen in Asia on Wednesday, supported by hopes that U.S. lawmakers may soon clinch a deal to raise the government’s borrowing limit and avert the risk of a U.S. default.

Optimism had grown earlier, after a Senate aide said Senate leaders could announce a deal late on Tuesday to extend the government’s borrowing authority until February 7 and quickly re-open federal agencies that have been closed since October 1.

Oct 14, 2013

Dollar slips vs yen as U.S. debt deal remains elusive

SINGAPORE/WELLINGTON, Oct 14 (Reuters) – The dollar fell on
Monday while the yen rose on safe-haven demand due to concerns
the United States may default on its debts as lawmakers
negotiate a deal to raise its borrowing facility ahead of a
deadline this week.

The dollar slipped 0.3 percent versus the yen to about 98.29
yen, having touched a low of about 98.05 yen earlier in
the day. The greenback retreated from a near two-week high of
98.60 yen set on Friday.

Oct 14, 2013

Yen rises, investors seek shelter from US debt worries

SINGAPORE/WELLINGTON (Reuters) – The dollar fell on Monday while the yen rose on safe-haven demand due to concerns the United States may default on its debts as lawmakers negotiate a deal to raise its borrowing facility ahead of a deadline this week.

The dollar was last down 0.3 percent at 98.31 yen, having touched a low of about 98.05 yen earlier in the day. The greenback retreated from a near two-week high of 98.60 yen set on Friday.

Sep 27, 2013

Sterling up on BOE Carney’s remarks; yen edges higher

SINGAPORE, Sept 27 (Reuters) – Sterling edged higher on
Friday after Bank of England Governor Mark Carney was quoted as
saying he sees no need for more bond-buying by the central bank
given signs of recovery in the British economy.

Carney told the Yorkshire Post that the BoE would consider
the case for more economic stimulus should the recovery falter.

Sep 27, 2013

Dollar steady, focus on U.S. budget brinkmanship and Fed

SYDNEY/SINGAPORE (Reuters) – The dollar held steady in Asia on Friday and was on track to end the week nearly flat, struggling to gain traction amid mounting U.S. political uncertainty and a lack of clarity over when the Federal Reserve will begin to scale back stimulus.

The dollar index .DXY was little changed on the day at 80.544, having risen 0.3 percent on Thursday thanks in part to a report showing fewer Americans filed new claims for jobless benefits last week.

Sep 25, 2013

Euro struggles after data disappoints, yen holds firm

TOKYO/SINGAPORE (Reuters) – The euro was on the defensive on Wednesday following weaker-than-expected German sentiment data, while worries over a possible U.S. government shutdown underpinned the yen against the dollar.

Traders, wrong-footed by last week’s shock decision by the U.S. Federal Reserve to keep its bond-buying stimulus intact, also remained cautious and on data-watch mode as they considered for how long the U.S. central bank could hold off from tapering.

Sep 23, 2013

Euro steady after German election; Aussie up on China flash PMI

SINGAPORE (Reuters) – The euro held steady versus the dollar on Monday, failing to gain much momentum after a general election in Germany left Angela Merkel conservatives just short of the votes needed to rule on their own.

The euro last traded near $1.3525, little changed from late U.S. trade on Friday and off an intraday high of $1.3555 set early in the Asian session on Monday.

Sep 20, 2013

Dollar holds above post-Fed lows; yen gets some respite

SINGAPORE/SYDNEY (Reuters) – The dollar held above a seven-month low against a basket of currencies on Friday after investors unwound some of the bearish trades put on in reaction to the Federal Reserve’s shock decision to maintain its massive bond-buying stimulus.

The dollar index eased 0.1 percent on the day to 80.333 .DXY, but stayed above a seven-month trough of 80.060 plumbed on Wednesday.

Sep 19, 2013

Dollar wallows near seven-month low after Fed’s surprise nod to doves

SINGAPORE/SYDNEY (Reuters) – The dollar languished near a seven-month low against a basket of major currencies on Thursday after the Federal Reserve wrong footed many investors who had positioned for a scaling back in its massive stimulus program.

The dollar index .DXY slid 1.2 percent overnight, its biggest one-day slide in more than 2 months, after the Fed maintained its $85 billion monthly asset-buying program, confounding expectations of a reduction by roughly $10 billion.

Sep 19, 2013

Dollar wallows near 7-mth low after Fed’s surprise nod to doves

SINGAPORE/SYDNEY, Sept 19 (Reuters) – The dollar languished
near a seven-month low against a basket of major currencies on
Thursday after the Federal Reserve wrong footed many investors
who had positioned for a scaling back in its massive stimulus
program.

The dollar index slid 1.2 percent overnight, its
biggest one-day slide in more than 2 months, after the Fed
maintained its $85 billion monthly asset-buying programme,
confounding expectations of a reduction by roughly $10 billion.