TOKYO/SINGAPORE (Reuters) – The dollar set a fresh two-year low against the euro on Wednesday after disappointing U.S. jobs data cemented expectations that the Federal Reserve will not begin to taper its stimulus until early next year.
The dollar also touched a fresh eight-month trough against a basket of currencies, with the dollar index slipping to 79.141 .DXY and nearing this year’s low of 78.918 set in early February.
SINGAPORE/SYDNEY, Oct 22 (Reuters) – The dollar edged higher
on Tuesday, holding above eight-month lows as investors hedged
their bets in case U.S. payrolls date later in the day is
stronger than expected.
The dollar index, which tracks the greenback’s
performance against a basket of major currencies, edged up 0.1
percent to 79.779, holding above Friday’s 8-1/2 month low of
79.478 but still down more than 1 percent from a peak touched
TOKYO/SINGAPORE (Reuters) – The dollar was mired near an 8-month low against a basket of currencies on Monday on growing expectations the U.S. Federal Reserve will have to delay scaling back its stimulus following a 16-day government shutdown.
The dollar index held steady at 79.675 .DXY, not very far from a trough of 79.478 touched on Friday, its lowest level since February.
SINGAPORE/TOKYO, Oct 18 (Reuters) – The dollar nursed losses
near an eight-month low against a basket of currencies on Friday
as traders focused on the economic impact of an acrimonious
showdown in Washington that dragged the U.S. to the brink of a
The potential damage to the economy from the weeks-long
government shutdown could discourage the Federal Reserve from
scaling back its stimulus programme at least until the beginning
of next year.
SINGAPORE, Oct 17 (Reuters) – The dollar eased versus the
yen on Thursday in a sell-the-fact type of reaction after the
U.S. Congress approved an 11th-hour deal to end a fiscal
standoff and avoid a damaging default on government debt.
The dollar slipped 0.1 percent to 98.65 yen, having
pulled back from a three-week high of 99.01 yen set earlier in
SINGAPORE, Oct 17 (Reuters) – The dollar set a three-week
high versus the yen on Thursday ahead of a pending vote in the
U.S. House of Representatives that could bring Washington’s
fiscal standoff to an end and avert the risk of a U.S. default.
The dollar held steady on the day at 98.79 yen after
having touched a high of 99.01 yen, the greenback’s strongest
level against the yen since late September.
SINGAPORE/TOKYO (Reuters) – The dollar rose against the yen in Asia on Wednesday, supported by hopes that U.S. lawmakers may soon clinch a deal to raise the government’s borrowing limit and avert the risk of a U.S. default.
Optimism had grown earlier, after a Senate aide said Senate leaders could announce a deal late on Tuesday to extend the government’s borrowing authority until February 7 and quickly re-open federal agencies that have been closed since October 1.
SINGAPORE/WELLINGTON, Oct 14 (Reuters) – The dollar fell on
Monday while the yen rose on safe-haven demand due to concerns
the United States may default on its debts as lawmakers
negotiate a deal to raise its borrowing facility ahead of a
deadline this week.
The dollar slipped 0.3 percent versus the yen to about 98.29
yen, having touched a low of about 98.05 yen earlier in
the day. The greenback retreated from a near two-week high of
98.60 yen set on Friday.
SINGAPORE/WELLINGTON (Reuters) – The dollar fell on Monday while the yen rose on safe-haven demand due to concerns the United States may default on its debts as lawmakers negotiate a deal to raise its borrowing facility ahead of a deadline this week.
The dollar was last down 0.3 percent at 98.31 yen, having touched a low of about 98.05 yen earlier in the day. The greenback retreated from a near two-week high of 98.60 yen set on Friday.
SINGAPORE, Sept 27 (Reuters) – Sterling edged higher on
Friday after Bank of England Governor Mark Carney was quoted as
saying he sees no need for more bond-buying by the central bank
given signs of recovery in the British economy.
Carney told the Yorkshire Post that the BoE would consider
the case for more economic stimulus should the recovery falter.