The dollar fell slightly against the euro ahead of Wednesday's release of US gross domestic product growth and a Fed policy announcement.» Read More
Sean Callow, Senior Currency Strategist at Westpac Bank, says expectations for a raft of positive U.S. data, along with the steady decline of the euro, will take the greenback higher.
SYDNEY, July 28- The U.S. dollar hovered near six-month highs against a basket of major currencies early on Monday, holding onto solid gains made last week as investors turned bearish on the euro.
"We continue to get strong economic releases out of the United States," said Richard Scalone, co-head of foreign exchange at TJM Brokerage in Chicago. Analysts said the weak German business sentiment underscored the impact of tensions surrounding Russia and Ukraine on Germany, Europe's biggest economy.
The euro struggled to hold above eight-month lows against the dollar on Friday, hurt by a dive in Germany's Ifo survey of business sentiment.
*Euro dips, European shares subdued after downbeat German Ifo survey. LONDON, July 25- Signs that tensions between the West and Russia are starting to hurt confidence in Europe's dominant economy Germany left the euro near an eight-month low on Friday and lifted the region's government bonds.
*Japan CPI as expected, muted reaction from dollar/yen. LONDON, July 25- The euro struggled to hold above eight-month lows against the dollar on Friday, hurt by a dive in Germany's Ifo survey of business sentiment heading in to the end of the U.S. currency's strongest week since March.
LONDON, July 25- World shares dipped on Friday having clawed their way back towards all-time highs after a week of largely reassuring economic signals but rising political tensions.
LONDON, July 25- Germany's influential Ifo survey of business sentiment looked set to determine the euro's path at the end of a week marked by a steady upwards push for the dollar that could herald a long-forecast break higher. In early European trade, the euro was virtually unchanged at $1.3461, having recovered from eight-month lows around $1.3438 on Thursday.
*Japan CPI as expected, muted reaction from dollar/yen. TOKYO, July 25- The dollar held gains versus the yen on Friday and the euro stood steady after rebounding from an eight-month low against the greenback as data painted a brighter picture of the U.S. and eurozone economies.
TOKYO, July 25- The dollar held gains versus the yen on Friday and the euro stood steady after rebounding from an eight-month low against the greenback as data painted a brighter picture of the U.S. and eurozone economies.
NEW YORK, July 24- The euro rose on Thursday from an eight-month low versus the U.S. dollar on better-than-expected German and French business data, while the New Zealand dollar sank after that nation's central bank hinted it may pause in raising rates further.
The euro climbed from an eight-month low on Thursday after German and French business activity beat expectations.
*US tech stocks buoyed by Apple; Facebook at record high. Those measures were proposed after a Malaysian Airlines plane was downed over Ukraine last week, killing 298, possibly by a missile furnished by Russia.
*US tech stocks buoyed by Apple; Facebook at record high. LONDON, July 24- The euro pulled off 8- month lows against the dollar on Thursday after the bloc's private sector expanded at its fastest rate in three months in July, and emerging equities hovered near 17- month highs after strong Chinese data.
Peter Dixon, senior economist at Commerzbank Securities, discusses the latest euro zone flash composite PMI data and says it shows "significant regional differences".
The euro's resolve could be starting to crack, as it cleared "psychologically significant" barriers, according to strategists.
The euro hit an eight-month low against the dollar on Wednesday as worries drove investors away from the single currency.
TOKYO/ SYDNEY, July 23- The dollar held close to a six-week peak against a basket of currencies in Asian trade on Wednesday, as the euro edged down to touch a fresh 2014 low on the diverging interest rate outlook for the U.S. and euro zone.
Greg Matwejev, Director, FX Hedge Fund Sales and Trading at Newedge, advises investors to sell the euro now as it will likely remain a casualty from geopolitical tensions.
Violence continued in Gaza, but hopes rose for an easing of tension in Ukraine after pro-Russian rebels handed the flight recorder and victims' remains from a downed Malaysian airliner to international authorities.