Masayuki's Feed
Apr 13, 2015

World Bank cuts East Asia growth forecast, warns of risks to outlook

SINGAPORE (Reuters) – The World Bank cut its 2015 growth forecasts for developing East Asia and China, and warned of “significant” risks from global uncertainties including the potential impact from a strengthening dollar and higher U.S. interest rates.

The Washington-based lender expects the developing East Asia and Pacific (EAP) region, which includes China, to grow 6.7 percent in each of 2015 and 2016, down from 6.9 percent growth in 2014.

Apr 10, 2015

Dollar hovers near 3-week high, euro gets respite after fall

SYDNEY/SINGAPORE, April 10 (Reuters) – The dollar hovered
near a three-week high against a basket of major currencies on
Friday, supported by a rise in U.S. bond yields, while the euro
gained a bit of respite after a recent selloff.

The euro edged up 0.2 percent to $1.0679, having
fallen as far as $1.0637 on Thursday, its lowest level since
March 19. For the week, the euro is down about 2.7 percent.

Apr 9, 2015

Dollar edges higher as hawks hear hike in Fed talk

SYDNEY/SINGAPORE, April 9 (Reuters) – The dollar touched a
one-week high on Thursday, having enjoyed another leg up after
two influential Federal Reserve officials kept alive
expectations for a hike in interest rates sometime this year.

New York Fed President William Dudley and Fed Governor
Jerome Powell on Wednesday sketched out scenarios in which the
central bank could make an initial move earlier than many now
expect and then proceed in a slow and gradual manner on further
rate increases.

Apr 9, 2015

Singapore central bank may ease policy further to counter slowing growth

SINGAPORE (Reuters) – Singapore’s central bank could loosen monetary policy for a second time this year on Tuesday, but analysts are divided over the magnitude of any easing as authorities contend with slowing growth, a pick up in core inflation and risks of fund outflows.

It’s a delicate balancing act for the Monetary Authority of Singapore (MAS) when it meets for its bi-annual review, with the start of the U.S. Federal Reserve’s tightening cycle expected later this year adding another layer of uncertainty.

Apr 1, 2015

Dollar slips vs yen as Tokyo shares slip; Aussie up on China data

SINGAPORE/TOKYO, April 1 (Reuters) – The dollar slipped
versus the yen at the start of a new quarter on Wednesday, as a
soft reading on Japanese business sentiment dented Tokyo shares
and helped bolster the safe haven yen.

The Australian dollar gained a lift from a better-than
expected reading of Chinese factory activity and that added to
the broadly weak tone of the greenback, traders said.

Mar 31, 2015

Dollar edges higher, on track for best quarter since 2008

SINGAPORE, March 31 (Reuters) – The dollar rose against a
basket of currencies on Tuesday and was on track for its best
quarter since 2008, bolstered by the diverging outlook for
monetary policy in the United States compared to other major

The greenback remains below peaks hit earlier in March,
having given back some ground over the past couple of weeks
after the U.S. Federal Reserve signalled a more cautious outlook
for U.S. economic growth.

Mar 30, 2015

Dollar supported even as Yellen drives home message of patience

SYDNEY/SINGAPORE (Reuters) – The dollar inched higher versus the yen and euro on Monday after the head of the U.S. Federal Reserve underscored the view that the Fed is likely to start raising interest rates gradually later this year.

The dollar edged up 0.1 percent to 119.24 yen JPY=. It has fallen more than 2 percent from a near eight-year peak of 122.04 set early this month.

Mar 27, 2015

Dollar off lows but poised for second weekly loss; Yellen in focus

SINGAPORE/SYDNEY (Reuters) – The dollar held steady versus the yen on Friday but was on track for a second weekly loss after the U.S. Federal Reserve’s dovish comments last week prompted traders to scale back bullish bets on the greenback.

The dollar last traded at 119.17 yen JPY=, little changed on the day. The dollar is down about 0.7 percent versus the yen for the week after falling 1.1 percent last week, when the Fed signaled a more cautious outlook for U.S. economic growth.

Mar 25, 2015

Dollar finds steadier footing, takes breather from selloff

SYDNEY/SINGAPORE, March 25 (Reuters) – The dollar hovered
above a two-week low versus a basket of major currencies on
Wednesday, pausing from the recent selloff sparked by doubts
over how soon the Federal Reserve may start raising interest

Investors had rushed to cut long dollar positions after the
Federal Reserve took a dovish tone on interest rates last week,
sending the greenback crashing back from multi-year highs.

Mar 24, 2015

Dollar firmer after comments by Fed’s Williams, but doubts linger

SINGAPORE/TOKYO, March 24 (Reuters) – The dollar edged
higher versus a basket of currencies on Tuesday after a top U.S.
Federal Reserve official said it should wait no more than a few
months before considering an interest rate hike.

Market participants also attributed the dollar’s bounce to
technical factors and said the greenback may face further long
liquidation after the Fed signalled last week that it is in no
rush to tighten monetary policy.