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Dec 27, 2013

Euro rises to more than 2-year high vs dollar; yen falls

NEW YORK, Dec 27 (Reuters) – The euro jumped to its
strongest level against the dollar in more than two years on
Friday as banks adjusted positions for the year end, while the
yen hit five-year lows for a second straight session.

The dollar was broadly weaker against European currencies,
including sterling and the Swiss franc. Thin liquidity likely
helped exaggerate market moves.

Dec 27, 2013

Euro rises to more than 2-year high; yen falls

NEW YORK, Dec 27 (Reuters) – The euro jumped to its
strongest level against the dollar in more than two years on
Friday as banks adjusted positions for the year end, while the
yen hit five-year lows for a second straight session.

The dollar was broadly weaker against European currencies,
including sterling and the Swiss franc. Thin liquidity likely
helped exaggerate market moves.

Dec 27, 2013

Euro hits more than two-year high; yen at five-year lows

NEW YORK (Reuters) – The euro jumped to its strongest level against the dollar in more than two years on Friday as banks adjusted positions for the year end, while the yen hit five-year lows for a second straight session.

The dollar was broadly weaker against European currencies, including the euro, sterling and Swiss franc. Thin liquidity likely helped exaggerate market moves.

Dec 27, 2013

Euro hits more than 2-year high; yen at 5-year lows

NEW YORK, Dec 27 (Reuters) – The euro jumped to its
strongest level against the dollar in more than two years on
Friday as banks adjusted positions for the year end, while the
yen hit five-year lows for a second straight session.

The dollar was broadly weaker against European currencies,
including the euro, sterling and Swiss franc. Thin liquidity
likely helped exaggerate market moves.

Dec 26, 2013

Dollar hits 5-year high vs yen as Fed, BOJ diverge

NEW YORK, Dec 26 (Reuters) – The dollar rose to a five-year
high against the yen on Thursday on expectations the U.S.
Federal Reserve will continue to withdraw its stimulus next year
while the Bank of Japan may ease further.

The greenback rose as high as 104.84 yen, according to
Reuters data, surpassing last week’s high of 104.63 yen. It last
stood at 104.74 yen, up 0.4 percent on the day.

Dec 26, 2013

Dollar rises to 5-year high vs yen on Fed taper expectations

NEW YORK, Dec 26 (Reuters) – The dollar rose to a five-year
high against the yen on Thursday on expectations the U.S.
Federal Reserve will continue to withdraw its stimulus next year
while the Bank of Japan may ease further.

The greenback rose as high as 104.84 yen, according to
Reuters data, surpassing last week’s high of 104.63 yen. It last
stood at 104.73 yen, up 0.4 percent on the day.

Dec 26, 2013

Dollar climbs to five-year high versus yen on Fed taper expectations

NEW YORK (Reuters) – The dollar rose to a five-year high against the yen on Thursday on expectations the U.S. Federal Reserve will continue to withdraw its stimulus next year while the Bank of Japan may ease further.

The greenback rose as high as 104.84 yen, according to Reuters data, surpassing last week’s high of 104.63 yen. It last stood at 104.77 yen, up 0.4 percent on the day.

Dec 19, 2013

Dollar trades near five-year high vs yen in wake of Fed

NEW YORK, Dec 19 (Reuters) – The dollar traded near a
five-year high against the yen on Thursday, a day after the
Federal Reserve announced it would begin to gradually wind down
its massive bond-buying program from January.

The dollar had rallied broadly on Wednesday after the Fed
said it would reduce its monthly asset purchases by $10 billion,
bringing them down to $75 billion. A reduction in Fed stimulus
would help lift U.S. bond yields and buoy the currency.

Dec 19, 2013

Dollar hovers near five-year high vs yen a day after Fed

NEW YORK (Reuters) – The dollar traded near a five-year high against the yen on Thursday, a day after the Federal Reserve surprised some investors by announcing its long-awaited first cut in its bond-buying program.

The dollar had rallied broadly on Wednesday after the Fed said it would reduce its monthly asset purchases by $10 billion, bringing them down to $75 billion. A reduction in Fed stimulus will help lift U.S. bond yields and buoy the currency.

Dec 18, 2013

Dollar soars to over 5-year high vs yen as Fed trims bond buys

NEW YORK (Reuters) – The dollar rallied to a more than five-year high against the yen on Wednesday after the Federal Reserved surprised some investors by paring its bond-buying stimulus program, saying it expects to reduce it further if the economy continues to improve.

The euro’s losses against the dollar were more limited as the Fed sought to temper the move by suggesting its benchmark interest rate would stay lower for even longer than previously promised.