SINGAPORE, March 20 (Reuters) – The euro hovered near a
four-month low on Wednesday after Cyprus rejected terms of a
proposed bailout, creating uncertainty about the country’s
financial future and reviving fears about the stability of the
euro zone.

Cyprus overwhelmingly rejected a proposed levy on bank
deposits as a condition for a European bailout on Tuesday,
throwing international efforts to rescue the latest casualty of
the euro zone debt crisis into disarray.

SINGAPORE (Reuters) – The euro hovered near a four-month low on Wednesday after Cyprus rejected terms of a proposed bailout, creating uncertainty about the country’s financial future and reviving fears about the stability of the euro zone.

Cyprus overwhelmingly rejected a proposed levy on bank deposits as a condition for a European bailout on Tuesday, throwing international efforts to rescue the latest casualty of the euro zone debt crisis into disarray.

SINGAPORE/SYDNEY (Reuters) – The dollar surged to a 3-1/2 year high against the yen on Friday, with the near-term focus on whether U.S. jobs data will fuel hopes for a further recovery in the U.S. labor market.

The euro eased versus the dollar but clung to the bulk of the gains made the previous day, when the European Central Bank wrong-footed investors who had positioned for a more dovish signal from ECB President Mario Draghi.

SINGAPORE/SYDNEY, March 8 (Reuters) – The dollar surged to a
3-1/2 year high against the yen on Friday, with the near-term
focus on whether U.S. jobs data will fuel hopes for a further
recovery in the U.S. labour market.

The euro eased versus the dollar but clung to the bulk of
the gains made the previous day, when the European Central Bank
wrong-footed investors who had positioned for a more dovish
signal from ECB President Mario Draghi.

SINGAPORE, March 5 (Reuters) – The dollar fell against the
yen on Tuesday, pressured by a sell-the-fact reaction following
the confirmation hearings of the government’s nominees for the
two Bank of Japan deputy governor posts.

Kikuo Iwata, nominated by the government for one of the
central bank’s two deputy governorships, said that foreign bond
purchases would be a policy option only if other initiatives
failed.

SINGAPORE, March 4 (Reuters) – The yen edged higher and the
Australian dollar skidded to an eight-month low on Monday as
investors were spooked by Beijing’s decision to hit the mainland
property sector with strong curbs, triggering a selloff in Asian
equities.

China’s Shanghai Composite index tumbled 3.2 percent
after Beijing announced more property market tightening measures
on Friday in a bid to contain housing costs.

SINGAPORE, March 4 (Reuters) – The yen rose broadly as a
sharp fall in Chinese equities on Beijing’s decision to hit the
mainland property sector with strong curbs prompted investors to
buy the safe-haven Japanese currency, traders said.

China’s Shanghai Composite index tumbled 2.9 percent
after Beijing announced more property market tightening measures
on Friday in a bid to contain housing costs.

SINGAPORE (Reuters) – The euro hovered near a 2-1/2 month low on Monday while the dollar stayed close to a six-month high versus a basket of currencies as signs of improvement in the U.S. economy stood in stark contrast to a series of weak euro zone data.

Broad U.S. spending cuts that automatically kicked in on Friday and threatens to dampen economic growth did little to curb the dollar, which was supported by data released on Friday that showed a pick-up in U.S. manufacturing activity.

SINGAPORE, March 4 (Reuters) – The euro hovered near a 2-1/2
month low on Monday while the dollar stayed close to a six-month
high versus a basket of currencies as signs of improvement in
the U.S. economy stood in stark contrast to a series of weak
euro zone data.

Broad U.S. spending cuts that automatically kicked in on
Friday and threatens to dampen economic growth did little to
curb the dollar, which was supported by data released on Friday
that showed a pick-up in U.S. manufacturing activity.

SINGAPORE, Feb 20 (Reuters) – The yen rose versus the dollar
on Wednesday after Japanese Prime Minister Shinzo Abe said the
need to establish a public-private sector fund to buy foreign
bonds has declined.

The possibility of setting up such a fund, tasked with
measures including purchases of foreign bonds, had been included
in a campaign platform drawn up by Abe’s Liberal Democratic
Party ahead of a national election last December.