Masayuki's Feed
Jul 22, 2013

Yen rises in choppy trade after Japan PM’s election win

SINGAPORE, July 22 (Reuters) – The yen rose on Monday in
choppy trading, having dipped initially after a big win by
Japanese Prime Minister Shinzo Abe’s ruling bloc in upper house
elections gave Abe a stronger mandate for his reflationary
economic policies.

The widely expected victory gave Abe’s ruling bloc
majorities in both the lower and upper houses, and was likely to
pave the way for the government to pursue pro-growth fiscal
policies and structural reforms to go alongside the central
bank’s aggressive monetary easing.

Jul 22, 2013

Yen surges, pares initial losses after Abe’s election win

SINGAPORE (Reuters) – The yen rose on Monday in choppy trading, having dipped initially after a big win by Japanese Prime Minister Shinzo Abe’s ruling bloc in upper house elections gave Abe a stronger mandate for his reflationary economic policies.

The dollar fell 0.4 percent to 100.18 yen, a sharp reversal from moves seen earlier on Monday, when it rose to 101.05 yen on trading platform EBS, the greenback’s highest level since July 10.

Jul 19, 2013

Yen edges higher on buy backs, focus on Japan election

SINGAPORE, July 19 (Reuters) – The yen rose on Friday as
investors squared their books ahead of Japan’s upper house
election this weekend, which could clear the legislative path
for Prime Minister Shinzo Abe’s aggressive economic reform
drive.

Recent opinion polls have shown that Abe’s ruling bloc
remains on track to take a hefty majority in the upper house,
putting an end to a “twisted parliament” in which the opposition
controls the upper chamber.

Jul 18, 2013

Dollar rises after Bernanke comments, seen staying firm

SINGAPORE, July 18 (Reuters) – The dollar rose on Thursday
after remarks from Federal Reserve Chairman Ben Bernanke kept
intact expectations that the Fed would be first among the major
central banks to move away from ultra-loose monetary policy.

Bernanke, in testimony to Congress on Wednesday, said the
Fed still expects to start scaling back its massive bond
purchase programme later this year, but he left open the option
of altering that plan if the economic outlook
changes.

Jul 18, 2013

Dollar edges up after Bernanke comments, seen staying firm

SINGAPORE/SYDNEY, July 18 (Reuters) – The dollar edged
higher versus a basket of currencies on Thursday in a choppy
session that saw investors first sell then buy back the currency
in reaction to comments by Federal Reserve Chairman Ben
Bernanke.

In the end, markets were soothed by his pledge to keep
policy accommodative for the foreseeable future. Bernanke still
left intact the prospect of the Fed scaling back stimulus later
this year.

Jul 16, 2013

Dollar slips but wary before Bernanke; Aussie surges

SINGAPORE/TOKYO, July 16 (Reuters) – The dollar eased versus
a basket of currencies on Tuesday but its losses were limited,
supported by the view that the U.S. Federal Reserve is likely to
be the first among major central banks to move away from
ultra-loose monetary policy.

Many traders were cautious about being too long in the
dollar ahead of testimony on Wednesday by Fed Chairman Ben
Bernanke, whose surprisingly dovish tone last week caused panic
selling in the U.S. currency.

Jul 16, 2013

Dollar steady as more Bernanke comments loom; Aussie rises

SINGAPORE/TOKYO (Reuters) – The dollar held steady versus a basket of currencies on Tuesday, supported by the view that the U.S. Federal Reserve is likely to be the first among major central banks to move away from ultra-loose monetary policy.

Many traders were cautious about being too long in the dollar ahead of testimony on Wednesday by Fed Chairman Ben Bernanke, whose surprisingly dovish tone last week caused panic selling in the U.S. currency.

Jul 15, 2013

Aussie dlr regains ground after China GDP meets expectations

SINGAPORE, July 15 (Reuters) – The Australian dollar climbed
on Monday after China’s second-quarter economic growth matched
market expectations, easing worries that the world’s
second-largest economy could be slowing faster than expected.

The data did not have too much effect on other major
currencies with both the greenback and euro largely steady in
Asian trade.

Jul 15, 2013

Forex-Aussie dollar edges up after China GDP meets expectations

SINGAPORE (Reuters) – The Australian dollar clawed higher on Monday after China’s second-quarter economic growth matched market expectations, easing worries that the world’s second-largest economy could be slowing faster than expected.

The Aussie dollar touched an intraday high of $0.9110 after the release of China’s second quarter gross domestic product (GDP) data, and last stood at $0.9097, up 0.5 percent from late U.S. trade on Friday.

Jul 15, 2013

Aussie dollar edges up after China GDP meets expectations

SINGAPORE, July 15 (Reuters) – The Australian dollar clawed
higher on Monday after China’s second-quarter economic growth
matched market expectations, easing worries that the world’s
second-largest economy could be slowing faster than expected.

The Aussie dollar touched an intraday high of $0.9110
after the release of China’s second quarter gross
domestic product (GDP) data, and last stood at $0.9097, up 0.5
percent from late U.S. trade on Friday.