The yen soared against the dollar after a round of modest monetary policy easing from the Bank of Japan disappointed investors.
*Canadian dollar settles at C $1.3161, or 75.98 U.S. cents. "Despite oil moving down and while we're awaiting GDP data tomorrow that will be significantly negative, the market is not pricing in any sort of move by the Bank of Canada, that's very unusual," said Jimmy Jean, an economic strategist at Desjardins. The Canadian dollar settled at C $1.3161 to the greenback, or...
The dollar fell against the yen as expectations faded of the Bank of Japan delivering a radical stimulus package this week.
*Canadian dollar settles at C $1.3191, or 75.81 U.S. cents. The Canadian currency settled at C $1.3191 to the greenback, or 75.81 U.S. cents, just weaker than the Bank of Canada's official close of C $1.3189, or 75.82 U.S. cents on Tuesday. "It's a bit of a nod that things have improved," said Mazen Issa, senior foreign exchange strategist at TD Securities.
The U.S. dollar gained against the euro and the yen after the Federal Reserve left the federal funds rates unchanged on Wednesday.
The yen hit a high against the euro and rose against the dollar as traders lower expectations of a Japanese stimulus injection.
The pound is expected to push even lower, according to currency analysts, as the first signs emerged of the impact it's giving to the business sector.
The dollar inched up against the yen ahead of meetings at the Bank of Japan and the Fed which investors expect to be dollar-positive.
The dollar index also hit its highest level since March.
The dollar fell after a six-week high against the yen, while the Euro showed little change after ECB keeps policy unchanged.
The dollar hit a four-month high against a basket of currencies, bolstered by strong U.S. data and expectations of Fed rate rises.
The dollar rose against a basket of major currencies after U.S. housing starts rose by more than expected in June.
The Yen slips broadly as Turkey quells an attempted military coup, while calm in UK prompts sterling bump.
The British pound could be showing signs of a false dawn, according to currency analysts, who suggest that a recent rally could soon give way to more bouts of heavy selling.
The dollar spiked against the Turkish lira after gunfire was heard in the capital of Ankara on Friday.
The Bank of England surprised market by holding fire on post-referendum rate cut.
The dollar falls while the Bank of Canada announced that it will hold interest rates.
The dollar eased slightly against the yen on Wednesday, but remained close to 2-1/2-week highs.
*Canadian dollar settles at C $1.3121, or 76.21 U.S. cents. TORONTO, July 11- The Canadian dollar weakened sharply against its U.S. counterpart on Monday as oil prices fell and global equities rose after Japan's prime minister won re-election and ordered fresh stimulus. "I think the market is overpricing the potential for a rate cut in Canada and underpricing the...
The yen fell against the dollar after the Japanese ruling coalition's victory boosted hopes for more monetary stimulus.