SINGAPORE/SYDNEY, Aug 6 (Reuters) – The euro slipped to a
nine-month low on Wednesday, extending its losses after data
showed a sharp drop in German industrial orders, while the New
Zealand dollar took a hit after a fall in dairy prices.
A Singapore-based trader said investor risk aversion on
concerns about the tensions in Ukraine helped to bolster the
dollar broadly, and weighed on the euro.
SYDNEY/SINGAPORE (Reuters) – The dollar held near an 11-month high against a basket of major currencies on Wednesday, supported by upbeat U.S. data, while the New Zealand dollar took a hit from a fall in dairy prices.
The dollar index .DXY was last at 81.550, not far from Tuesday’s peak of 81.626. The euro eased 0.1 percent to $1.3368 EUR, having plumbed a nine-month trough of $1.3358 on Tuesday.
SYDNEY/SINGAPORE, Aug 5 (Reuters) – The dollar was stuck
below a 10-1/2 month peak against a basket of currencies on
Tuesday, taking a breather after U.S. jobs data last week
dampened speculation of an earlier-than-expected interest rate
rise by the Federal Reserve.
The dollar index held steady at 81.299, staying below
a high of 81.573 touched last Thursday, its highest level since
mid-September of last year.
SYDNEY/SINGAPORE, Aug 1 (Reuters) – Dollar bulls took a
breather on Friday ahead of a closely watched jobs report that
has the potential to make or break a rally that saw the
greenback post its best monthly performance in over a year.
The dollar index was steady at 81.479, having risen
2.1 percent in July to a 10-1/2 month peak of 81.573.
SYDNEY/SINGAPORE, July 30 (Reuters) – The dollar touched a
six-month high against a basket of major currencies on
Wednesday, holding firm ahead of a Federal Reserve policy
decision and U.S. gross domestic product data due later in the
Dollar bulls are holding out hope that the U.S. economy has
rebounded in the second quarter from a very soft patch and that
the Fed will provide some hints on when it will raise interest
SYDNEY/SINGAPORE, July 30 (Reuters) – The dollar hovered
near a six-month high against a basket of currencies on
Wednesday as investors awaited a Federal Reserve policy decision
and U.S. gross domestic product data due later in the day.
Dollar bulls are holding out hope that U.S. second quarter
gross domestic product will show the economy has rebounded from
a very soft patch and that the Fed will provide some hints on
when it will raise interest rates.
SYDNEY/SINGAPORE, July 29 (Reuters) – The dollar held near a
six-month peak against a basket of currencies on Tuesday ahead
of this week’s Federal Reserve policy review, while the kiwi
slipped after dairy giant Fonterra cut its forecast payout to
The New Zealand dollar was down 0.4 percent at $0.8517
and set a low of $0.8512, its weakest level since June
10, after Fonterra Ltd. slashed its forecast payout to its
suppliers in the new season by 14 percent.
SYDNEY/SINGAPORE, July 29 (Reuters) – The dollar held steady
near a six-month peak against a basket of major currencies on
Tuesday, as investors kept to the sidelines ahead of a policy
review by the Federal Reserve.
The Fed is sure to cut its monthly bond-buying programme by
another $10 billion as it looks to wind up the scheme later in
the year, but the focus for markets is on any clues to the
timing of the first interest rate hike.
SINGAPORE, July 25 (Reuters) – Asian currencies were
generally steady to slightly lower on Friday, with the
Indonesian rupiah inching away from this week’s two-month high
due to month-end demand for dollars.
The rupiah sagged 0.2 percent to 11,590 versus the dollar
after setting a two-month high of 11,475 on Wednesday
according to Thomson Reuters data. For the week, the rupiah was
still up around 0.2 percent.
SINGAPORE, July 24 (Reuters) – Singapore’s economy is still
expected to grow by a targeted 2-4 percent in 2014 despite a
first-half slowdown, helped by factors such as improving global
demand, the central bank said on Thursday.
Quarter-on-quarter growth is likely to see a “modest
pick-up” in the second half after a slowdown over the first two
quarters, Monetary Authority of Singapore (MAS) Managing
Director Ravi Menon told reporters.