The dollar nursed losses around 3-1/2-month lows on Wednesday, pressured by the fears of a global economic slowdown.» Read More
The dollar tumbled to a near five-month low against the yen and a 2-1/2-week trough versus the euro on Friday.
*Wall St posts biggest gain in over a month, oil rebounds. *No major data out of Asia, eyes on China, U.S. data. SYDNEY, Jan 15- The safe-haven yen nursed losses early on Friday, while currencies such as the Australian dollar staged a modest rebound thanks in part to a turnaround in risk sentiment that saw Wall Street and oil prices bounce off lows.
The dollar rose on Thursday, bolstered by gains in the U.S. stock market and a rebound in oil prices.
Australia's December jobs report will be softer after two months of strong employment growth, says Gareth Aird, senior economist at Commonwealth Bank of Australia.
The euro regained its footing against the U.S. dollar as risk appetite soured anew late in the afternoon.
The dollar rose for a third straight session as gains on Wall Street and calmer financial markets enhanced risk appetite.
The low-yielding euro fell for a second session, as steadier global stock markets prompted investors to seek other currencies.
The dollar climbed Friday on measures taken by China to ease this week's market turmoil and a hefty rise in U.S. jobs in December.
TOKYO/ SYDNEY, Jan 8- The yen reversed course and sagged against the dollar while the Australian dollar rebounded on Friday after the People's Bank of China set a higher yuan guidance rate for the first time in nine days. The greenback was still poised to lose 1.7 percent this week, which saw risk appetite battered globally and benefit the safe-haven yen after...
TOKYO, Jan 8- The yen reversed course and sagged against the dollar while the Australian dollar jumped on Friday after the People's Bank of China set a higher yuan guidance rate for the first time in nine days, helping to restore some appetite for risk. The Australian dollar, often used as a proxy for China- related trades, was last up 0.6 percent at $0.7054.
Discussing what's moving the Australian dollar, with Scott Cavanough, Senior VP of Financial Markets at Compass Global Markets.
SYDNEY, Jan 8- The euro and yen held on to solid gains early on Friday, having enjoyed a short-covering rally as heightened risk aversion took a heavy toll on commodity currencies such as the Australian dollar. Investors were anxiously awaiting the yuan fix to see if China's central bank allowed it to fall yet further, a move that would likely intensify pressure on...
*Euro rebounds on FOMC minutes, Wall Street losses. The uncertainty on China led traders to sell the Australian dollar, which is seen as a proxy for Chinese growth, pushing it to its lowest since September versus the greenback and the yen. "The yen seems to be the only place to go to," said Ellis Phifer, senior market strategist at Raymond James in Memphis, Tennessee.
It hit a one-month low of $1.0709 two days ago.
*Aussie dollar falls further on China worries. The uncertainty on China led traders to sell the Australian dollar, which is seen as a proxy on Chinese growth, pushing it to its lowest since September versus the greenback and the yen. "The yen seems to be the only place to go to," said Ellis Phifer, senior market strategist at Raymond James in Memphis, Tennessee.
The dollar weakened against a basket of currencies on Wednesday after the release of the FOMC minutes from its December meeting.
The yen rose on Tuesday as traders sought safety in the low-risk currency on anxiety about sluggish global growth.
The Japanese yen rose broadly, as financial market turbulence sent traders scrambling for the traditional low-risk currency.
NEW YORK, Jan 4- The dollar tumbled to an 11- week low against the yen on Monday, as disappointing factory data sparked a steep stock market selloff in China and spurred safe haven demand for the Japanese currency and the Swiss franc. Renewed worries about the world's second largest economy also hurt the Australian dollar and other currencies whose economies...
The dollar ended 2015 with a more than 9 percent annual gain against a basket of currencies on Thursday.