Dollar holds firm vs yen, clings to post-jobs data gains
SINGAPORE, May 6 (Reuters) – The dollar held firm versus the
yen on Monday, clinging to gains made late last week after
better-than-expected U.S. jobs data eased concerns about the
outlook for the world’s largest economy.
U.S. employment rose more than expected in April and hiring
was much stronger than previously thought in the prior two
months. The jobless rate also fell to 7.5 percent, the lowest
since December 2008, data showed on Friday.
Dollar edges up vs yen, clings to post-jobs data gains
SINGAPORE (Reuters) – The dollar inched higher versus the yen on Monday, clinging to gains made late last week after better-than-expected U.S. jobs data eased concerns about the outlook for the world’s largest economy.
U.S. employment rose more than expected in April and hiring was much stronger than previously thought in the prior two months. The jobless rate also fell to 7.5 percent, the lowest since December 2008, data showed on Friday.
Dollar steady vs yen as focus turns to U.S. jobs data
SINGAPORE, May 3 (Reuters) – The dollar held steady versus
the yen on Friday, with the focus on whether U.S. jobs data
later in the day will add to concerns about the economic outlook
and bolster bets for the Federal Reserve to stick with its
bond-buying programme.
Economists polled by Reuters are looking for job growth of
145,000 last month, up from 88,000 for March. The unemployment
rate is seen holding steady at 7.6 percent.
Euro nurses losses after ECB, faces more headwinds; focus on U.S. jobs
SINGAPORE, May 3 (Reuters) – The euro steadied somewhat
versus the dollar on Friday, but the single currency continues
to face headwinds after sliding the previous day when the
European Central Bank cut interest rates and held out the
possibility of further policy action.
The ECB cut its benchmark refinancing rate by 25 basis
points to a record low 0.5 percent on Thursday in a widely
expected move.
Euro nurses losses after ECB, focus turns to U.S. jobs data
SINGAPORE, May 3 (Reuters) – The euro inched higher versus
the dollar on Friday, steadying somewhat after sliding the
previous day as the European Central Bank cut interest rates and
held out the possibility of further policy action.
The ECB cut its benchmark refinancing rate by 25 basis
points to a record low 0.5 percent on Thursday in a widely
expected move.
Euro pulls back from 2-month high vs dlr, awaits ECB cues
SINGAPORE, May 2 (Reuters) – The euro eased versus the
dollar on Thursday and stayed below the previous day’s two-month
high, but further losses could be limited with the market
already positioned for a possible European Central Bank interest
rate cut.
The euro inched down 0.1 percent to $1.3169. The
single currency had hit a two-month high of $1.3243 on Wednesday
on trading platform EBS, as the dollar retreated after data
showed that U.S. companies hired the fewest employees in seven
months in April.
Euro eases ahead of ECB, off 2-month high vs dlr
SINGAPORE/SYDNEY, May 2 (Reuters) – The euro eased versus
the dollar on Thursday and stayed below the previous day’s
two-month high, as the focus turned to whether the European
Central Bank will cut interest rates to support the euro zone’s
struggling economy.
The euro inched down 0.1 percent to $1.3174. The
single currency had hit a two-month high of $1.3243 on Wednesday
on trading platform EBS, as the dollar retreated after data
showed that U.S. companies hired the fewest employees in seven
months in April.
Dollar subdued as low inflation alters Fed calculus
SINGAPORE/SYDNEY (Reuters) – The dollar hovered near its lowest level in roughly two weeks against a basket of currencies on Tuesday as declining bond yields and slowing inflation put pressure on the Federal Reserve for more action.
Undermining the dollar was a slide in the two-year Treasury yield to a nine-month trough of 0.21 percent as low readings on inflation led some market players to bet on more stimulus from major central banks.
Dollar retreats broadly, sterling hits 2-mo high on downbeat U.S. GDP
SINGAPORE, April 29 (Reuters) – The dollar fell broadly and
sterling hit a two-month high on Monday, as traders continued to
reduce their exposure to the greenback after data last week
showed the U.S. economy grew at a slower-than-expected pace in
the first quarter.
The dollar declined against a swathe of currencies and
dropped 0.3 percent versus the yen to 97.73 yen, edging
away from a four-year high of 99.95 yen set earlier in April
after the Bank of Japan unleashed its drastic monetary stimulus.
Dollar falls broadly after U.S. GDP disappoints
TOKYO, April 29 (Reuters) – The dollar fell broadly and
sterling hit a two-month high on Monday, as traders continued to
reduce their exposure to the greenback after data last week
showed the U.S. economy grew at a slower-than-expected pace in
the first quarter.
The dollar declined against a swathe of currencies and
dropped 0.4 percent versus the yen to 97.60 yen, edging
away from a four-year high of 99.95 yen set earlier in April
after the Bank of Japan unleashed its drastic monetary stimulus.
