Satomi's Feed
Apr 4, 2010

Dollar firms to 7-month high vs yen; Fed eyed

TOKYO (Reuters) – The dollar firmed to its highest in more than seven-months against the yen on Monday, extending gains after generally upbeat jobs data indicated the U.S. economic recovery is on a solid footing.

Traders said climbs in long-term Treasuries yields after the jobs report, with the benchmark 10-year yield rising to a 9-month high near the 4.0 percent mark, also boosted the dollar’s yield appeal compared to the low-yielding yen.

Apr 1, 2010

Dollar takes breather after hitting 3-month high vs. yen

TOKYO (Reuters) – The dollar eased against the yen on Thursday, taking a breather after hitting a three-month peak on speculation that Japanese investors will look for higher returns abroad now the new fiscal year has started.

Analysts said the yen’s broad slide this week had been fast partly due to flows linked to the month-end and quarter-end, but that now some traders may be more inclined to take profits from gains in the dollar and other major currencies.

Apr 1, 2010

Dlr takes breather after hitting 3-mth high vs yen

TOKYO, April 1 (Reuters) – The dollar eased against the yen
on Thursday, taking a breather after hitting a three-month peak
on speculation that Japanese investors will look for higher
returns abroad now the new fiscal year has started.

Analysts said the yen’s broad slide this week had been fast
partly due to flows linked to the month-end and quarter-end, but
that now some traders may be more inclined to take profits from
gains in the dollar and other major currencies.

Mar 29, 2010

Euro steady after short-covering, Aussie firmer

TOKYO, March 29 (Reuters) – The euro stabilised after its
recent pounding, aided by short-covering, while the dollar lost
ground to the Australian and New Zealand dollars in choppy trade
driven largely by order-book cleaning ahead of the quarter-end.

The Swiss franc fell against the dollar and euro as players
took profits on overstretched long franc positions, built up in
recent days to test how far the Swiss central bank would allow it
to rise after it hit record highs on the euro last week.

Mar 29, 2010

Euro trims early gains as dollar strengthens

TOKYO (Reuters) – The euro gave up some of its early gains against the dollar on Monday after a jump on short covering, while the greenback rose against the yen as traders expect U.S. jobs data this week to show an improvement in the labor market.

The dollar climbed against the Swiss franc, aiding the euro’s advance versus the Swiss currency as traders were forced to close short positions in both the greenback and the European single currency, traders said.

Mar 25, 2010

Dollar hits 10-month peak; China comments knock euro down

TOKYO (Reuters) – The dollar rose to a 10-month high against the euro and a basket of currencies on Thursday as comments from a China central banker fueled concerns about debt levels in the euro zone, just as an EU summit to help heavily indebted Greece is set to start.

Zhu Min, deputy governor of the People’s Bank of China, said the Greek debt crisis was just the beginning, prompting short-term players to sell the euro and triggering stop-loss orders at $1.3300.

Mar 24, 2010

Euro hits all-time low vs Swiss franc; SNB eyed

TOKYO, March 24 (Reuters) – The euro fell to an all-time low
against the Swiss franc on Wednesday with investors watching the
Swiss National Bank for indications on how much more it will
allow the currency to climb.

The euro dropped to a three-week low and came within spitting
distance of a 10-month trough against the dollar as investors
doubt that euro zone policy-makers will come up with a quick
rescue package for debt-laden Greece at a summit later this week.

Mar 24, 2010

Euro hits all-time low vs Swiss franc; Greek aid eyed

TOKYO (Reuters) – The euro fell to an all-time low against the Swiss franc on Wednesday despite Germany’s signaling for the first time the previous day that it may accept European financial aid for debt-laden Greece as a last resort.

The euro also dropped to a three-week low versus the dollar as investors cautiously eyed details on aid for Greece ahead of a European Union summit later this week.

Mar 18, 2010

Euro tumbles after report on Greece

TOKYO, March 18 (Reuters) – The euro tumbled broadly on
Thursday after a newswire report saying that Greece is not
hopeful of receiving aid from other euro zone members.

A Greek official quoted in the report said the country was
growing increasingly pessimistic about the prospect of help at a
European Union summit on March 25 and may seek IMF aid during
during the April 2-4 Easter weekend.

Mar 18, 2010

Dollar rebounds broadly; AUD and CAD off highs

TOKYO, March 18 (Reuters) – The dollar rose broadly on
Thursday, recovering some losses made the previous day against
higher-yielding currencies such as the Aussie, as investors
covered short dollar positions.

The greenback had fallen on Wednesday after a benign
inflation reading supported the Federal Reserve’s renewed pledge
to keep interest rates near zero for a few more months.