TOKYO/SINGAPORE (Reuters) – The dollar licked its wounds on Monday, steadying against major counterparts before the U.S. Federal Reserve’s policy-setting meeting following a testing week in which it tumbled to two-year lows against the euro.
Economists and market participants widely expect Federal Open Market Committee members, meeting on Tuesday and Wednesday, to keep the Fed’s bond-buying stimulus unchanged at $85 billion per month.
TOKYO/SINGAPORE, Oct 25 (Reuters) – The dollar set a fresh
two-year low versus the euro on Friday, pressured by
strengthened expectations the U.S. Federal Reserve will maintain
its asset purchases through early next year.
The dollar also set a fresh 8-1/2-month low versus a basket
of currencies and slipped to a two-week low against the yen.
SINGAPORE/TOKYO, Oct 24 (Reuters) – The dollar held above a
two-week low versus the yen on Thursday while the Australian
dollar rose as an upbeat reading on China’s factory sector eased
worries about the outlook for the Chinese economy.
However, market players were keeping an eye on a further
jump in China’s money market rates.
SINGAPORE, Oct 23 (Reuters) – The dollar set an eight-month
low versus a basket of currencies on Wednesday after weak U.S.
jobs data cemented expectations for the Federal Reserve to keep
its stimulus in place until next year, while the yen surged as
risk sentiment took a hit.
The dollar touched a fresh two-year low versus the euro in
the wake of the disappointing jobs data, and extended its losses
versus the yen in the Asian afternoon as a drop in regional
shares dented risk sentiment. Chinese equities fell 1.2
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.