SYDNEY/SINGAPORE, Sept 4 (Reuters) – The euro held steady
versus the dollar on Thursday, having recovered from one-year
lows set earlier this week as investors repositioned ahead of
the European Central Bank policy review.
News of a ceasefire plan in eastern Ukraine further shored
up the common currency, although this is now in doubt after
Ukraine’s prime minister dismissed the proposal outlined by
President Vladimir Putin.
SYDNEY/SINGAPORE (Reuters) – The euro hit a fresh one-year low on Monday, as heightened worries about the crisis in Ukraine kept the currency on the defensive ahead of a European Central Bank policy meeting later this week.
The euro fell as far as $1.3119 EUR=, reaching lows not seen since early September 2013. It last traded at $1.3125, down 0.1 percent on the day.
SYDNEY/SINGAPORE (Reuters) – The euro inched higher on Thursday and held above a one-year low versus the dollar, getting some respite as feverish speculation of an imminent round of easing by the European Central Bank cooled.
Sources told Reuters on Wednesday that the ECB is unlikely to take new policy action next week unless inflation figures on Friday show the euro zone sinking significantly towards deflation. [ID:nL5N0QX47B]
SYDNEY/SINGAPORE (Reuters) – The dollar hit a 13-month peak against a basket of major currencies on Wednesday, with the euro still struggling amid expectations of further policy easing from the European Central Bank.
The dollar index rose as far as 82.727 at one point, its highest level since July 2013. It was last steady on the day at 82.648.
SINGAPORE/SYDNEY, Aug 22 (Reuters) – The dollar hovered just
below its 2014 peak against a basket of major currencies on
Friday, with bulls turning cautious ahead of a speech by Federal
Reserve Chair Janet Yellen.
The dollar index held steady at 82.144, having risen
as high as 82.364 on Thursday – a level last seen in early
TOKYO/SINGAPORE (Reuters) – The dollar touched an 11-month high against a basket of major currencies on Wednesday after positive U.S. housing data the previous day fed hopes that the world’s biggest economy is strengthening.
The dollar index .DXY =USD surged to as high as 81.995, its highest level since September. It last stood at 81.974, up 0.1 percent on the day.
SYDNEY/SINGAPORE (Reuters) – Sterling set a fresh four-month low on Thursday, staying on the defensive after the Bank of England surprised investors the previous day by signaling it was in no hurry to raise interest rates.
The pound touched a low of $1.6668 GBP=D4, its lowest level since mid-April, and down 3 percent from a near six-year high of $1.7192 touched in mid-July. It last traded at $1.6680, down about 0.1 percent on the day.
SINGAPORE/SYDNEY (Reuters) – The yen held steady versus the dollar on Wednesday, showing limited reaction to the widely expected contraction in Japan’s economy in April-June, while the euro hovered above the previous day’s lows.
Japan’s economy shrank an annualised 6.8 percent in the second quarter, suffering its biggest contraction since the devastating March 2011 earthquake as a sales tax hike took a heavy toll on household spending.
SINGAPORE, Aug 12 (Reuters) – Singapore’s economic growth slowed
significantly in the second quarter even though it avoided a quarterly
contraction, and analysts say the second half could be worse.
Some economists have recently either downgraded or noted downside risks to
their full-year growth forecasts, citing factors such as weakness in
manufacturing activity, the impact of Singapore’s ongoing economic
restructuring, and a slack property market.
SYDNEY/SINGAPORE, Aug 11 (Reuters) – The yen eased versus the dollar on
Monday, having backed off from peaks hit late last week as a slight relaxation
in geopolitical tensions dampened demand for the safe-haven Japanese currency.
The dollar inched up 0.1 percent to 102.17 yen, having bounced off
Friday’s two-week trough of 101.51. The euro edged up 0.1 percent to 136.91 yen
, well off an 8-1/2 month low of 135.73 set on Friday.