Dollar hovers near 4-year high vs yen, aims at 100 mark
SINGAPORE, April 12 (Reuters) – The dollar stayed within
striking distance of 100 yen on Friday and was poised for its
biggest two-week rise in four years, with the Bank of Japan’s
radical stimulus seen likely to keep the yen under pressure.
The greenback has gained roughly 7 percent from 92.90 yen
since the BOJ pledged last week to inject about $1.4 trillion
into the Japanese economy to end decades of deflation and
achieve its target of 2 percent inflation.
Yen hits 4-year low vs dollar, focus on 100 threshold
SINGAPORE/SYDNEY, April 9 (Reuters) – The yen pushed deeper
into multi-year lows against the dollar and euro on Tuesday as
the market saw every reason to sell the currency with the
Japanese central bank on a warpath to battle deflation.
The dollar rose to as high as 99.67 yen on trading
platform EBS, the greenback’s strongest level versus the yen
since May 2009. The dollar later pulled back on profit-taking
and last stood at 99.23 yen, down 0.2 percent on the day.
Yen hits 47-month low vs dollar, focus on 100 threshold
SINGAPORE/SYDNEY, April 9 (Reuters) – The yen pushed deeper
into multi-year lows versus the dollar and euro on Tuesday as
the market saw every reason to sell the currency with the
Japanese central bank on a warpath to battle deflation.
The dollar rose to as high as 99.67 yen on trading platform
EBS, the greenback’s strongest level versus the yen since May
2009. The dollar later pulled back a bit on profit-taking and
last stood at 99.25 yen, down 0.1 percent on the day.
Yen retreats a bit versus dollar, market awaits BOJ
SINGAPORE/SYDNEY, April 3 (Reuters) – The yen and the euro
inched lower versus the dollar on Wednesday, with trading
largely characterized by a lack of conviction as markets awaited
policy decisions by the Bank of Japan and European Central Bank
on Thursday.
Yen bears are worried the BOJ, in its first policy review
under new governor Haruhiko Kuroda, might not live up to
expectations, as markets are already positioned for aggressive
stimulus measures.
Yen slips slightly versus dollar, market awaits BOJ
SINGAPORE/SYDNEY, April 3 (Reuters) – The yen inched lower
versus the dollar on Wednesday while the euro edged lower in a
market largely lacking conviction ahead of policy decisions by
the Bank of Japan and European Central Bank on Thursday.
Yen bears are worried the BOJ, in its first policy review
under new governor Haruhiko Kuroda, might not live up to
expectations as markets are already positioned for aggressive
stimulus measures.
Euro pushes higher on news of rescue deal for Cyprus
SINGAPORE (Reuters) – The euro rose on Monday after Cyprus clinched a deal with international lenders for a 10 billion euro bailout aimed at saving the country from financial meltdown.
The single currency rose 0.4 percent to $1.3040, pulling away from a four-month low of $1.28435 set last Tuesday. Against the yen, the euro climbed 0.7 percent to 123.60 yen.
Euro pushes higher on news of rescue deal for Cyprus
SINGAPORE, March 25 (Reuters) – The euro rose on Monday
after Cyprus clinched a deal with international lenders for a 10
billion euro bailout aimed at saving the country from financial
meltdown.
The single currency rose 0.4 percent to $1.3040,
pulling away from a four-month low of $1.28435 set last Tuesday.
Against the yen, the euro climbed 0.7 percent to 123.60 yen
.
Euro rises on news of rescue deal for Cyprus
SINGAPORE, March 25 (Reuters) – The euro rose broadly on
Monday after Cyprus clinched a deal with international lenders
for a bailout aimed at saving the country from financial
meltdown.
The single currency rose 0.4 percent to $1.3043,
having traded at roughly $1.2985 before news of a draft deal for
Cyprus reached the market. Against the yen, the euro climbed 0.8
percent on the day to 123.75 yen.
Yen edges higher, market awaits BOJ governor Kuroda’s comments
SINGAPORE (Reuters) – The yen edged higher versus the dollar on Thursday but its gains were limited as the market waited for clues on how aggressively the Bank of Japan will ease monetary policy under its new leadership.
New BOJ Governor Haruhiko Kuroda and new Deputy Governors Kikuo Iwata and Hiroshi Nakaso are scheduled to hold a news conference from 0900 GMT(05:00 a.m. EST) on Thursday.
Yen firmer vs dollar, awaits new BOJ governor’s remarks
SINGAPORE, March 21 (Reuters) – The yen inched higher versus
the dollar on Thursday but its gains were limited as markets
waited for clues on how aggressively the Bank of Japan will ease
monetary policy under its new leadership.
New BOJ Governor Haruhiko Kuroda and new Deputy Governors
Kikuo Iwata and Hiroshi Nakaso are scheduled to hold a news
conference from 0900 GMT on Thursday.
