Satomi's Feed
Oct 15, 2009

Aussie rise sparks broad dollar fall to 14-mth lows

TOKYO, Oct 15 (Reuters) – The dollar fell to a 14-month low
against a basket of currencies on Thursday as comments by the
head of Australia’s central bank encouraged investors to buy the
higher-yielding Australian dollar, which helped other currencies
gain.

The Reserve Bank of Australia chief said local interest rates
would need to move towards a more normal setting as economic
recovery took hold, reinforcing the view that the country is
heading for a second straight rate hike in November.
[ID:nSYD397384]

Oct 15, 2009

Dollar falls to 14-month lows vs Aussie, euro

TOKYO, Oct 15 (Reuters) – The dollar fell to a 14-month low
against the Australian dollar on Thursday as comments from the
head of the Reserve Bank of Australia encouraged investors to buy
the higher-yielding currency, which helped other growth-linked
currencies gain.

Australia’s central bank chief said local interest rates
would need to move towards a more normal setting as economic
recovery took hold, reinforcing the view that the country is
heading for a second straight rate hike in November.
[ID:nSYA008131]

Oct 9, 2009

Dollar gets a reprieve after Bernanke remarks

TOKYO, Oct 9 (Reuters) – The dollar rose on Friday after
Federal Reserve Chairman Ben Bernanke indicated monetary policy
may have to be tightened as a recovery takes hold, lifting the
greenback off 14-month lows against a basket of currencies.

Traders said Bernanke’s remarks, although not new, prompted
speculators to cover short dollar positions and lifted the U.S.
currency against the yen by more than 1 percent at one point as
more market players lightened positions ahead of Japan’s long
weekend.

Oct 2, 2009

Dollar steady, caution prevails before US data

TOKYO, Oct 2 (Reuters) – The U.S. dollar held firm against
most major currencies on Friday with investors sitting tight
ahead of a U.S. payrolls report for September due later in the
day.

The dollar rose earlier as investors cut short positions and
booked profits in higher-yielding currencies, but gains were
capped as those moves receded, and by falling U.S. bond yields.

Sep 28, 2009

Yen cuts gains after 8-mth high vs dlr on Fujii

TOKYO, Sept 28 (Reuters) – The yen jumped to an 8-month high
against the dollar on Monday but later lost ground as Japan’s
finance minister tried to tone down earlier comments suggesting
intervention was unlikely, remarks that had prompted speculators
to pile into the rise.

The yen’s advance had been helped by reported comments by
Finance Minister Hirohisa Fujii that recent dollar/yen moves were
not abnormal.