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Aug 29, 2013

Yen steady versus dollar, markets still cautious on Syria

SINGAPORE (Reuters) – The safe-haven yen held steady versus the dollar on Thursday after setting a three-week high the previous day due to jitters over the possibility of Western military action in Syria.

The yen had surged earlier in the week as investors scrambled for safety amid heightened geopolitical tensions. That had sent the dollar down to a low of 96.81 yen on Wednesday, the greenback’s lowest level versus the yen since August 12.

Aug 28, 2013

Yen sets 2-week high vs dollar on Syria uncertainty

SINGAPORE (Reuters) – The safe haven yen hit a two-week high against the dollar on Wednesday, after posting its biggest rally in more than two months the previous day as investors scrambled for safety amid heightened geopolitical tensions.

The United States and its allies are gearing up for a probable military strike against Syria that could happen within days as punishment for last week’s chemical weapons attacks blamed on President Bashar al-Assad’s government.

Aug 27, 2013

Yen edges higher as Syria jitters hit risk sentiment

SINGAPORE (Reuters) – The yen rose on Tuesday as risk sentiment took a hit on worries that the United States may be edging toward possible military action against the Syrian government over a suspected chemical weapons attack.

The United States put Syrian President Bashar al-Assad on notice on Monday that it believes he was responsible for using chemical weapons against civilians last week in what Secretary of State John Kerry called a “moral obscenity.”

Aug 26, 2013

Dollar steady versus yen, hovers below recent three-week high

SINGAPORE (Reuters) – The dollar held steady versus the yen on Monday, having backed away from Friday’s near three-week high after data showed a steep drop in U.S. new home sales which cast a shadow over the country’s housing recovery.

The dollar was little changed at 98.69 yen, hovering below Friday’s high of 99.15 yen, the greenback’s highest level since August 5.

Aug 26, 2013

Dollar steady vs yen, hovers below recent 3-week high

SINGAPORE, Aug 26 (Reuters) – The dollar held steady versus
the yen on Monday, having backed away from Friday’s near
three-week high after data showed a steep drop in U.S. new home
sales which cast a shadow over the country’s housing recovery.

The dollar was little changed at 98.69 yen, hovering
below Friday’s high of 99.15 yen, the greenback’s highest level
since Aug. 5.

Aug 23, 2013

Dollar hits near 3-wk high vs yen, higher U.S. yields support

SINGAPORE/TOKYO, Aug 23 (Reuters) – The dollar touched a
near three-week high versus the yen on Friday, supported by this
week’s rise in U.S. bond yields and as Tokyo shares rose after
business surveys suggested the global economy was improving.

The dollar advanced 0.2 percent to about 98.89 yen.
Earlier, it rose to 99.12 yen on trading platform EBS, the
dollar’s highest level since Aug. 5.

Aug 23, 2013

Dollar rises to near three-week high vs. yen, higher U.S. bond yields support

SINGAPORE/TOKYO (Reuters) – The dollar touched a near three-week high versus the yen on Friday, supported by this week’s rise in U.S. yields and as Tokyo shares rose after business surveys suggested the global economy was on the mend.

The dollar rose 0.3 percent to 98.98 yen and had touched an intraday high of 99.10 yen, it’s highest since August 5.

Aug 23, 2013

Dollar rises to near 3-wk high vs yen, higher US bond yields support

SINGAPORE/TOKYO, Aug 23 (Reuters) – The dollar touched a
near three-week high versus the yen on Friday, supported by this
week’s rise in U.S. yields and as Tokyo shares rose after
business surveys suggested the global economy was on the mend.

The dollar rose 0.3 percent to 98.98 yen and had
touched an intraday high of 99.10 yen, it’s highest since Aug.
5.

Aug 22, 2013

Dollar up on Fed tapering view; China data supports Aussie

SINGAPORE, Aug 22 (Reuters) – The dollar rose versus the yen
on Thursday after minutes of the Federal Reserve’s meeting in
July suggested that the U.S. central bank was still on track to
start tapering its asset-buying programme as early as next
month.

The greenback extended its gains versus the Japanese
currency after a preliminary private survey showed that activity
in China’s manufacturing sector hit a four-month high in August.

Aug 22, 2013

Dollar edges higher as Fed tapering seen on track

SINGAPORE (Reuters) – The dollar edged higher versus the yen and euro on Thursday after minutes of the Federal Reserve’s meeting in July suggested that the U.S. central bank was still on track to start tapering its asset-buying program as early as next month.

The minutes showed members of the Federal Open Market Committee had different opinions as to when the Fed should start winding down its bond purchases.