Satomi's Feed
Jan 12, 2010

Dlr up but whipped around by China comments

TOKYO, Jan 12 (Reuters) – The dollar jumped against the yen
and the euro on Tuesday after an official from China’s sovereign
wealth fund said the U.S. currency has hit bottom.

But the greenback quickly reversed those gains after the
official said the comments were only his personal view, prompting
some investors to drop the currency. [ID:nBJB003635]

Jan 8, 2010

Q+A: How will Japan’s new finance minister impact FX policy?

TOKYO (Reuters) – Japan’s new Finance Minister Naoto Kan has clearly distanced himself from the currency policy of his predecessor Hirohisa Fujii by calling for a weaker yen.

Fujii, who stepped down this week for health reasons, had initially suggested he favored a strong yen.

Jan 6, 2010

Dlr up vs yen in choppy trade, Japan finmin eyed

TOKYO, Jan 6 (Reuters) – The dollar edged up against the yen
on Wednesday in a choppy trade, recovering from the previous
day’s sharp fall when traders locked in gains on the greenback’s
rally over the past month ahead of U.S. jobs data later this
week.

The dollar regained strength versus the yen as other
currencies rebounded sharply against the Japanese currency after
investors finished up liquidating yen-selling positions, traders
said.

Jan 6, 2010

Dollar stays on defensive vs yen, Japan finmin eyed

TOKYO (Reuters) – The dollar remained on the defensive against the yen on Wednesday after falling sharply the previous day as traders locked in gains on the greenback’s rally over the past month ahead of U.S. jobs data later this week.

The dollar had climbed to a four-month high against the yen earlier this week after a series of solid economic data last month added to optimism about the U.S. economic recovery and sent long-term Treasuries yields higher.

Dec 29, 2009

Dollar holds firm vs yen in quiet year-end trade

TOKYO, Dec 29 (Reuters) – The dollar held firm near a
two-month high against the yen on Tuesday as investors looked
ahead to the greenback’s direction in the new year after a rally
this month.

Activity stayed slow with many investors still away although
the Australia and UK markets were reopening after holidays. Flows
from Japanese companies were limited as many have begun year-end
holidays.

Dec 29, 2009

CORRECTED: Dollar holds firm vs. yen and euro

TOKYO (Reuters) – The dollar held firm against the yen and the euro on Tuesday as investors looked ahead to the greenback’s direction in the new year after a rally this month.

Activity is expected to pick up somewhat with Australia and UK markets reopening after holidays, but traders said flows from Japanese companies will likely be limited as many of these companies are entering year-end holidays.

Dec 29, 2009

Dollar holds firm vs yen and euro

TOKYO, Dec 29 (Reuters) – The dollar held firm against the
yen and the euro on Tuesday as investors looked ahead to the
greenback’s direction in the new year after a rally this month.

Activity is expected to pick up somewhat with Australia and
UK markets reopening after holidays, but traders said flows from
Japanese companies will likely be limited as many of these
companies are entering year-end holidays.

Dec 21, 2009

Dollar slips vs euro but near 3-month highs

TOKYO, Dec 21 (Reuters) – The dollar dipped against the euro
on Monday but still hovered near its highest point in more than
three months as currency players anticipated more short-covering
in the greenback in a holiday-shortened week.

A brighter outlook for the U.S. economy after stronger
figures on the job market and retail sales earlier this month has
also helped the dollar maintain its rising momentum.

Dec 17, 2009

Dollar steadies near post-Fed highs vs yen

TOKYO, Dec 17 (Reuters) – The dollar was steady against the
yen on Thursday, holding firm just below the previous day’s high
hit after the Federal Reserve voiced some optimism about a
stabilising economy.

The dollar kept broad its strength, staying close to an over
two-month high against the euro, after the Fed reminded markets
that it will let most of its special liquidity facilities expire
by early next year. [ID:nN16119711] [nTRU002430]

Dec 14, 2009

Yen falls, euro gains after Dubai gets funds

TOKYO, Dec 14 (Reuters) – The yen fell sharply and the euro
rose on the dollar after news that Dubai had averted a possible
debt default, encouraging investors to rush back into riskier and
higher-yielding currencies.

Dubai said it had received $10 billion from Abu Dhabi to help
it repay $4.1 billion in an Islamic bond maturing on
Monday.[ID:nGEE5AO2FN]