Satomi's Feed
Mar 3, 2010

Dollar falls broadly, euro gains on Greece hopes

TOKYO, March 3 (Reuters) – The dollar fell to its lowest in
more than two months against the yen on Wednesday as investors
dumped long positions against other currencies that had built up
to levels not seen in more than a year.

Investors have been picking up dollars in recent months as
Greece’s credit and fiscal woes hit the euro and worries over a
potential hung parliament and speculation that Britain’s
asset-buying scheme could be revived knocked the pound lower.

Feb 18, 2010

USD holds ground, IMF gold sales weigh on Aussie

TOKYO, Feb 18 (Reuters) – The dollar rose towards a
seven-month high against a basket of currencies on Thursday after
the International Monetary Fund said it planned to sell more gold
in the market, pushing down bullion prices and commodity-linked
currencies.

The IMF said it would begin phased open-market sales of the
remaining 191.3 tonnes of gold it plans to sell under a programme
launched last year to raise new resources for lending.
[ID:nSGE61H00R]

Feb 18, 2010

U.S. dollar holds ground, Aussie hurt by IMF gold sales

TOKYO (Reuters) – The dollar rose on a basket of currencies on Thursday extending gains near to 7-month highs after the International Monetary Fund said it planned to sell more gold in the market, pushing down bullion prices and commodity-linked currencies.

The IMF announced it would begin phased open-market sales of the remaining 191.3 tons of gold under a program launched last year to raise new resources for lending.

Feb 18, 2010

USD holds ground, Aussie hurt by IMF gold sales

TOKYO, Feb 18 (Reuters) – The dollar rose on a basket of
currencies on Thursday extending gains near to 7-month highs
after the International Monetary Fund said it planned to sell
more gold in the market, pushing down bullion prices and
commodity-linked currencies.

The IMF announced it would begin phased open-market sales of
the remaining 191.3 tonnes of gold under a programme launched
last year to raise new resources for lending. [ID:nN17152668].

Feb 17, 2010

Euro holds sharp gains vs dollar; Aussie steady

TOKYO, Feb 17 (Reuters) – The euro steadied on Wednesday to
hold sharp gains made the previous day against the dollar, as
investors cut short positions on views that its fall over
Greece’s debt problems had run its course.

The euro at one point had shed as much as 10 percent since
its 2009 high in November as worries over whether Greece could
service its debt mounted. But currency speculators later reversed
record short euro positions they had built into last week.

Feb 17, 2010

Euro holds sharp gains vs dollar, Aussie slips

TOKYO, Feb 17 (Reuters) – The euro steadied on Wednesday to
hold sharp gains made the previous day against the dollar as
investors cut short positions on views that the fall in the euro
over Greece’s debt problems had run its course.

The euro had shed as much as 10 percent since late 2009 at
one point as worries over whether Greece could service its debt
mounted, and currency speculators later reversed record short
euro positions they had built into last week.

Feb 17, 2010

Euro holds sharp gains vs dollar, eyes on stocks

TOKYO (Reuters) – The euro steadied on Wednesday to hold sharp gains made the previous day as investors cut short positions on views that the fall in the euro over Greece’s debt problems had run its course.

Gains on Wall Street suggested a return of risk appetite among investors and market players looked to the reopening of the Hong Kong share market after holidays and China’s move to raise bank reserves for the second time this year.

Feb 16, 2010

Euro gains but beset by persistent Greek worries

TOKYO, Feb 16 (Reuters) – The euro rose against the dollar on
Tuesday as expectations that European finance ministers would not
say anything new on solving Greece’s debt woes prompted
short-term players to trim their short positions.

But many investors remained cautious about buying the single
currency on uncertainty that debt problems in Greece will be
resolved quickly.

Feb 15, 2010

Euro on defensive as worries about Greece persist

TOKYO, Feb 15 (Reuters) – The euro edged near 9-month lows
against the dollar on Monday as doubts intensified about whether
policymakers in the euro zone will help debt-laden Greece,
prompting investors to add to long positions in the greenback.

Activity in Asia remained generally slow with most regional
markets closed for the Lunar New Year holiday.

Feb 10, 2010

Euro falters, awaits details of Greece rescue

TOKYO, Feb 10 (Reuters) – The euro fell on Wednesday,
trimming some of the previous day’s gains, with investors
awaiting details of a rescue package for Greece, keen to see how
it could impact the euro zone economy.

The euro was handed a reprieve on Tuesday after a senior
German ruling coalition source told Reuters that euro zone
governments had decided in principle to help Greece, prompting
investors to unwind short positions in the single currency.
[ID:nSGE61801C]