SINGAPORE/SYDNEY (Reuters) – The Australian dollar slipped on Monday, dented by speculation the Reserve Bank of Australia may cut interest rates on Tuesday, while the U.S. dollar held steady in a respite from its recent selloff.
The Australian dollar briefly added to its losses after a private business survey showed that China’s factories suffered their fastest drop in activity in a year in April.
SINGAPORE, April 30 (Reuters) – The yen clawed higher on
Thursday after the Bank of Japan held off from expanding its
monetary stimulus, disappointing some market players who had
been looking for further easing.
The dollar extended its losses and slipped to a low of
118.54 yen after the BOJ decision, and last traded at 118.64 yen
, down 0.3 percent on the day.
SINGAPORE (Reuters) – The yen pushed higher on Thursday after the Bank of Japan kept policy unchanged and held off from expanding its monetary stimulus, disappointing some market players who had been looking for further easing.
The dollar slipped to as low as 118.54 yen after the BOJ decision and last traded near 118.61 yen JPY=, down 0.4 percent on the day.
SINGAPORE/SYDNEY (Reuters) – The dollar wallowed near a two-month low against a basket of major currencies on Wednesday as the market hedged the risk that the Federal Reserve might adopt a more dovish tone in statements following the two-day policy review.
The dollar index .DXY last stood at 96.141. On Tuesday it fell as far as 96.011, reaching a low last seen on March 5.
SYDNEY/SINGAPORE, April 24 (Reuters) – The dollar nursed
losses on Friday after taking a hit from underwhelming U.S.
economic data, while the euro found support from signs that
cash-strapped Greece was making tentative progress toward
securing fresh funding.
The euro eased 0.1 percent to $1.0810, but held on to
the bulk of the gains made on Thursday, when it rose 0.9 percent
and powered up from a low of $1.0666.
SINGAPORE/TOKYO (Reuters) – The dollar edged higher against its peers on Tuesday, drawing support as the euro was pressured by increasing worries that Greece could default on its debt and eventually exit the single currency.
The euro eased 0.1 percent to $1.0731 EUR=, down from Friday’s one-week high of $1.0849. The common currency was knocked back on Monday after public sector entities in Greece were ordered to transfer idle reserves to the central bank to help alleviate a cash squeeze.
LONDON, April 20 (Reuters) – The Australian and New Zealand
dollars rose on Monday after China boosted banks’ lending power
to support Asia’s biggest market, prodding investors globally
into traditionally higher-risk currency plays.
The euro traded marginally weaker after IMF and G20 meetings
in Washington generated no progress in Greece’s prospects of
doing a deal on financial aid that would keep it in the single
SINGAPORE/SYDNEY (Reuters) – The dollar got off to a sleepy start on Monday, in contrast to a more sprightly performance by its Australian and New Zealand peers in the wake of China’s latest stimulus injection.
The People’s Bank of China (PBOC) on Sunday cut the amount of cash that banks must hold as reserves (RRR) in the latest attempt to help spur bank lending and combat slowing growth.
SINGAPORE (Reuters) – The dollar wallowed near a one-week low against a basket of major currencies on Friday and was on track for its biggest weekly drop in a month in the wake of poor U.S. economic data.
The dollar retreated this week as a series of lackluster indicators underscored the view that the Federal Reserve is more likely to raise interest rates later in the year than in June.
SINGAPORE/SYDNEY, April 16 (Reuters) – The Australian dollar
gained a lift from strong Australian jobs data, while the
greenback struggled to gain traction after weak U.S. output data
added to uncertainty over the timing of a Federal Reserve
interest rate rise.
The Australian dollar climbed 0.9 percent to $0.7752
as upbeat Australian jobs data prompted the market to
scale back bets for another interest rate cut by the Reserve
Bank of Australia.