Masayuki's Feed
Mar 2, 2015

Dollar hits 11-year high, rises broadly after China rate cut

TOKYO/SYDNEY (Reuters) – The dollar hit an 11-year high against a basket of major currencies on Monday, with the greenback gaining a broad lift after an interest rate cut in China dented the Chinese yuan and emerging Asian currencies.

The dollar rose to as high as 95.505 .DXY against a basket of major currencies, its highest level since September 2003. The dollar index last traded at 95.417.

Feb 27, 2015

Dollar pauses after rallying on U.S. data, Fed remarks

TOKYO/SINGAPORE (Reuters) – The dollar took a breather after surging to a one-month high against a basket of currencies the previous day as U.S. economic data and comments from Federal Reserve officials prompted investors to raise their bets on a rate increase.

The dollar index eased 0.2 percent to 95.130 .DXY, inching away from a one-month high of 95.357 set on Thursday. The dollar index had rallied 1.1 percent on Thursday, bringing it close to the more than 11-year high of 95.481 hit on Jan. 23.

Feb 25, 2015

Dollar slips as Yellen shows no rush to raise rates

SINGAPORE/TOKYO (Reuters) – The dollar edged down against the yen on Wednesday after Federal Reserve Chair Janet Yellen suggested the Fed won’t be rushed into kicking off the U.S. interest rate tightening cycle.

In closely watched remarks before the U.S. Senate Banking Committee on Tuesday, Yellen said the Fed is preparing to consider interest rate hikes “on a meeting-by-meeting basis”.

Feb 24, 2015

Dollar firmer vs yen before Yellen testimony; euro eyes Greece’s reform plan

TOKYO/SINGAPORE (Reuters) – The dollar edged higher against the yen on Tuesday, but traders were wary of making too many bets on the currency ahead of congressional testimony by Federal Reserve Chair Janet Yellen.

Yellen’s appearance before the U.S. Senate Banking Committee is drawing extra attention after dovish-sounding minutes from the Fed’s January meeting released last week dented expectations for an early interest rate hike, and hurt the dollar.

Feb 18, 2015

Euro supported by hopes for Greek debt deal; yen awaits Kuroda

TOKYO/SINGAPORE, Feb 18 (Reuters) – The euro held steady on
Wednesday, finding some support as investors held on to hopes
that Greece will find enough common ground with its euro zone
partners and avoid a chaotic exit from the currency union.

The euro traded at $1.1405, staying above this week’s
low of $1.13195 hit on Monday.

Feb 17, 2015

Singapore’s economic growth quickens, but global headwinds temper outlook

SINGAPORE, Feb 17 (Reuters) – Singapore’s economy grew more
strongly than initially estimated in the final quarter of last
year as manufacturing output was revised higher, but the city
state’s outlook remained modest in the face of an uneven global
recovery.

Annualised growth came in at 4.9 percent in the
September-October quarter from the previous three months when
the economy expanded 2.6 percent, the Ministry of Trade and
Industry said on Tuesday. That was three times the government’s
initial estimate of 1.6 percent growth and easily beat analysts’
forecast of a 2.1 percent rise. (Click here for a detailed table
)

Feb 11, 2015

Dollar supported by higher yields, euro in focus before EU talks

SYDNEY/SINGAPORE, Feb 11 (Reuters) – The dollar hit a fresh
one-month high versus the yen on Wednesday, bolstered by gains
in Treasury yields, while uncertainty over a new debt deal for
Greece kept the euro under a cloud.

The dollar edged up 0.1 percent to 119.57 yen. As of
0533 GMT, its intraday high was 119.67 yen, the dollar’s
strongest level since early January.

Feb 11, 2015

Higher yields support dollar, euro in focus before EU talks

SYDNEY/SINGAPORE, Feb 11 (Reuters) – The dollar hovered near
a one-month high versus the yen on Wednesday, bolstered by gains
in Treasury yields, while uncertainty over a new debt deal for
Greece kept a cloud over the euro.

The dollar inched up 0.1 percent to 119.51 yen,
staying near Tuesday’s peak of 119.62 yen, which was the
dollar’s highest level since early January.

Feb 6, 2015

Euro pauses after short-covering bounce, focus on U.S. jobs data

TOKYO/SINGAPORE, Feb 6 (Reuters) – The euro eased versus the
dollar on Friday, with the near-term focus on whether U.S. jobs
data later in the day will bolster the case for the Federal
Reserve to consider raising interest rates around mid-year.

The euro eased 0.1 percent to $1.1469, after having
surged 1.2 percent the previous day in a short covering rally.

Feb 5, 2015

Euro steadier after falling on renewed Greece worries

SYDNEY/SINGAPORE, Feb 5 (Reuters) – The euro steadied
slightly on Thursday, after sliding the previous day when the
European Central Bank said it will no longer accept Greek bonds
as collateral for its liquidity operations.

The ECB’s announcement dealt a blow to Athens, which is
seeking debt relief from euro zone lenders, knocking the euro
to $1.1304 earlier on Thursday.