The dollar fell to a 15-month low against the yen on Thursday, on track for its worst week against the yen since 2008.» Read More
*China imports/exports both beat market expectations. *British pound clear loser after weak UK data. TOKYO, Jan 13- The dollar and risk-sensitive currencies recovered ground against the yen and the euro on Wednesday after China's central bank held the yuan steady and better than expected Chinese trade data helped reduce some of bearishness toward the world's...
*Traders not sure worst is over for China market chaos. *British pound clear loser after weak UK data. TOKYO, Jan 13- The dollar steadied on Wednesday as the rush to safe haven currencies such as the yen and the euro halted temporarily after Chinese authorities intervened heavily to stem the yuan's fall.
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.
Wall Street shares and Europe's main bourses were firmer after a poor start to the new year, diminishing the appeal of the euro. Europe's common currency has been used in recent months in carry trades, with investors selling the euro because of its near-zero interest rate and buying other higher-yielding currencies such as the dollar and sterling.
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.
It hit a one-month low of $1.0709 two days ago.
The dollar weakened against a basket of currencies on Wednesday after the release of the FOMC minutes from its December meeting.
The euro fetched 128.02 yen, having hit a nine-month low of 127.535 yen the previous day while the British pound slipped to a 14- month low of 174.20 on Tuesday, erasing all of its gains made after the Bank of Japan's monetary easing in October 2014. Disappointing manufacturing surveys in China and the United States, plunges in Chinese shares and heightened...
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.
The dollar ended 2015 with a more than 9 percent annual gain against a basket of currencies on Thursday.
The U.S. dollar rallied against commodity currencies such as the Norwegian crown and Russian ruble on Wednesday.
The U.S. dollar gained against the euro on Tuesday after greater risk appetite hurt demand for the shared currency.
The U.S. dollar held near a more than one-week low against a basket of major currencies on Monday.
The dollar fell against a basket of currencies on Thursday, putting it on track for its steepest monthly loss since April.
The dollar rose in thinned trading on Wednesday after data painted a mixed picture of the U.S. economy.
*Most currencies rangebound in holiday-thinned trade. *UK GDP eyed for sterling impact. LONDON, Dec 23- The dollar inched up in holiday-thinned trading on Wednesday, with most major currency pairs bobbing about in narrow ranges after data overnight painted a mixed picture of the U.S. economy.
Simon Derrick, chief currency strategist at BNY Mellon, talks about the narrow spread between sterling and dollar, and discusses the impact on markets if Britain leaves the EU.
The dollar slipped against a basket of currencies on Tuesday as more traders booked profits on bullish greenback bets.