SYDNEY/SINGAPORE, Jan 22 (Reuters) – The euro held steady on
Thursday as investors awaited details of a sovereign bond-buying
programme that the European Central Bank is seen likely to
announce later in the day.
Market expectations are sky-high for the ECB to unveil a
large-scale programme of quantitative easing.
SINGAPORE (Reuters) – The dollar hit its highest level in nearly nine years against a basket of currencies on Friday, drawing strength from the U.S. economy’s outperformance and the diverging outlook for monetary policies among major economies.
The dollar kicked off 2015 on a strong note after a stellar 2014 when the dollar index surged nearly 13 percent in its best yearly performance since 1997.
SINGAPORE (Reuters) – Singapore’s economic growth slowed more than expected in the fourth quarter as the manufacturing sector contracted in the face of erratic global demand, raising concerns about the outlook for 2015.
Gross domestic product expanded by 1.6 percent in the fourth quarter on an annualised and seasonally adjusted basis, advance estimates from the Ministry of Trade and Industry (MTI) showed on Friday.
SINGAPORE, Dec 31 (Reuters) – The dollar was on track to end
2014 with a gain of 12 percent against a basket of major
currencies, and anticipated U.S. interest rake hikes may
strengthen its appeal in the new year.
This year’s gain will be the dollar’s largest since 2005,
when it climbed nearly 13 percent.
SINGAPORE (Reuters) – The dollar was on track to end 2014 with a gain of 12 percent against a basket of major currencies, and anticipated U.S. interest rake hikes may strengthen its appeal in the new year.
This year’s gain will be the dollar’s largest since 2005, when it climbed nearly 13 percent.
SINGAPORE (Reuters) – Bearish bets on the Malaysian ringgit rose slightly and remained at their highest since the 2008-09 global financial crisis, while short positions in the Indonesian rupiah hit a two-month high, a Reuters poll found on Thursday.
A recent slide in oil prices and the Russian rouble have soured investor sentiment toward emerging market currencies in general and weighed on Asian currencies, although sentiment improved somewhat after the rouble strengthened sharply on Wednesday.
JAKARTA/SINGAPORE, Dec 15 (Reuters) – The Indonesian rupiah
tumbled to its lowest level since August 1998 on Monday as
declining risk appetites and increasing demand for dollars to
settle year-end foreign loan payments put pressure on the
country’s currency, bonds and shares.
Bank Indonesia said that it was acting in both the foreign
exchange and bond markets to help stabilise prices, as emerging
markets from Europe to Latin America suffer sharp outflows of
SINGAPORE/SYDNEY (Reuters) – The dollar inched higher versus the yen on Thursday, getting some respite after falling roughly 3 percent in the past three days as the market unwound stretched positions ahead of the year-end.
The dollar has pulled back from a seven-year peak of 121.86 yen set on Monday as crowded long-dollar trades were thinned out.
SINGAPORE/SYDNEY, Dec 9 (Reuters) – The yen edged higher on
Tuesday as a fall in oil prices dented risk appetite and
prompted investors to trim short positions in the Japanese
Commodity currencies extended their recent losses, with the
Australian dollar setting a four-year low, while the Canadian
dollar hit a five-year trough versus the U.S. dollar.
SINGAPORE/SYDNEY (Reuters) – The dollar set a fresh seven-year high against the yen on Monday after surprisingly robust U.S. jobs data bolstered the view that the Federal Reserve could raise interest rates sooner than expected.
The surge in payrolls by 321,000 in November easily blew past Wall Street’s expectations and served to further highlight the divergence in economic outlook between the United States and most of the developed world.