Satomi's Feed
Jun 10, 2010

Aussie jumps after strong data, giving euro a lift

TOKYO, June 10 (Reuters) – The Australian dollar jumped on
Thursday, boosted by upbeat Aussie jobs data and strong Chinese
trade figures, helping improve investor appetite for
higher-yielding currencies and giving a lift to the euro.

The New Zealand dollar climbed after the country’s central
bank sounded slightly more positive than expected in its policy
statement when it raised interest rates for the first time since
the global crisis, as widely expected, and investors looked for
more rate rises in coming months. [ID:nSGE65701N][nWEL004070]

Jun 10, 2010

Euro steady before China data and ECB, kiwi jumps

TOKYO (Reuters) – The euro was steady, albeit looking fragile near four-year lows against the dollar on Thursday as options-linked demand provided temporary support.

Investors were keen to see if the European Central Bank, which meets later in the day, plans new efforts to help troubled euro zone countries.

Jun 7, 2010

Euro falls broadly, 4-yearr low vs dollar

TOKYO (Reuters) – The euro fell broadly on Monday, hitting its lowest in more than four years against the dollar with investors increasingly nervous about more slides in the currency after a clear break below a chart support point.

Market players said the euro’s close on Friday below a 50 percent retracement of its 2000-2008 rally at $1.2135 was seen as a bearish chart signal, adding to the single currency’s woes.

Jun 7, 2010

Euro falls broadly, 4-yr low vs dlr on debt worry

TOKYO, June 7 (Reuters) – The euro fell broadly on Monday,
hitting its lowest in more than four years against the dollar
with investors increasingly nervous about more slides in the
currency after a clear break below a chart support point.

Market players said the euro’s close on Friday below a 50
percent retracement of its 2000-2008 rally at $1.2135 was seen as
a bearish chart signal, adding to the single currency’s woes.

Jun 2, 2010

Q+A-Japan markets eye Kan as next PM, await yen comments

TOKYO, June 2 (Reuters) – The yen retreated on Wednesday
after Japanese Prime Minister Yukio Hatoyama resigned, reflecting
the view that the front-runner to take over from him may take a
tougher stance on fighting yen strength.

But Japanese stock and government bond markets are expected
to take Hatoyama’s resignation in their stride, with little
fallout seen from the political turbulence in Tokyo that has
limited major economic initiatives, including tackling the huge
public debt.

Jun 2, 2010

Yen falls as Japan PM quits

TOKYO (Reuters) – The yen fell on Wednesday after Japanese Prime Minister Yukio Hatoyama’s resignation stoked expectations that his likely successor, the finance minister, would take a tougher stance in fighting yen strength.

Hedge funds jumped on the resignation news to drive the yen lower, but the drop soon petered out after the euro fell following comments from European Central Bank board member Christian Noyer.

Jun 2, 2010

Yen falls as Japan PM quits; euro down on Noyer comments

TOKYO, June 2 (Reuters) – The yen fell on Wednesday after
Japanese Prime Minister Yukio Hatoyama’s resignation stoked
expectations that his likely successor, the finance minister,
would take a tougher stance in fighting yen strength.

Hedge funds jumped on the resignation news to drive the yen
lower, but the drop soon petered out after the euro fell
following comments from European Central Bank board member
Christian Noyer.

Jun 2, 2010

Yen falls as Japan PM quits, euro holds above 4-yr low

TOKYO, June 2 (Reuters) – The yen fell broadly on Wednesday
after Japanese Prime Minister Yukio Hatoyama said he would
resign, while the euro held steady against the dollar above a
four-year low.

The yen dropped to a two-week low against the dollar as
investors sold on the view that political instability would make
the economy more dependent on the Bank of Japan and its easy
monetary policy.

Jun 1, 2010

Euro seen vulnerable near 4-yr low vs dlr

TOKYO, June 2 (Reuters) – The euro was steady against the
dollar above a four-year low on Wednesday but looked increasingly
vulnerable to another sell-off amid mounting concern that the
euro zone’s debt crisis is spreading to its banking system.

The dollar held firm near a 15-month high against a basket of
currencies as market players shifted their focus to reports on
the U.S. labor markets due later this week, which are expected to
show a surge in employment and a slight fall in the unemployment
rate. [ID:nN01175887]

May 27, 2010

Japan life insurers happy with euro debt rally

TOKYO, May 27 (Reuters) – Japan’s top life insurers have kept
their hedged euro-denominated debt holdings steady and said they
had been happy to see a rally in some major euro debt markets due
to a rush of safe-haven buying amid the deepening debt crisis in
Europe.

Nippon Life, the country’s biggest insurer, said it was not
considering changing its investment plan at this point, adding
that it was actively managing the forex risk its unhedged euro
bond holdings face after the flare-up in market volatility which
sent the yen soaring against the euro this month.