The dollar was slightly firmer advancing against the euro and sterling in thin trade with several key financial centers shut for holidays.» Read More
NEW YORK, May 1- The dollar touched a two-week high against the yen on Friday and rose from a two-month low versus a basket of major currencies, supported by signs that the U.S. economy may be stabilizing after a recent soft patch. Volumes was thin, with most of Europe shut for the May Day holiday. "The numbers were mixed and while there has been some improvement in the...
NEW YORK, May 1- The dollar touched a two-week high against the yen on Friday and rose from a two-month low versus a basket of major currencies, supported by signs that the U.S. economy may be stabilizing after a recent soft patch. "I don't think these numbers change the narrative for the dollar and we expect the dollar to trade in a range pretty soon," said John Doyle,...
Sebastien Galy, senior FX strategist at Societe Generale, discusses drivers behind the euro, and adds that he is confident it will reach parity with the dollar by next year.
LONDON, May 1- A holiday in most of Europe on Friday thinned trade after a tumultuous week which has seen the dollar collapse in value, bond yields soar and stock markets in Europe and the United States weaken. All major European markets except London, its biggest, were closed on Friday, but the euro was up another 0.3 percent to a two-month high of $1.1270.
The Greek government scrambled to pay pensions and public sector salaries after failing to reach agreement with international lenders. The Financial Times reports.
TOKYO/ SYDNEY, May 1- The euro stood near two-month highs against the dollar and yen on Friday, having rallied for a second session on the back of a surge in German yields as fears of deflation in Europe eased just a little. The euro last fetched $1.1210, not far from a two-month peak of $1.1267 scaled overnight, having clawed its way back from a 12- year low of $1.0457...
SYDNEY, May 1- The euro stood at two-month highs against the dollar and yen early on Friday, having rallied for a second session on the back of another surge in German yields as fears of deflation in Europe eased just a little. The common currency last fetched $1.1215, not far from the overnight peak of $1.1267. It has clearly broken above its recent $1.0457- $1.10625...
The greenback reversed earlier losses to trade higher against a basket of currencies on Thursday.
*Stronger-than-expected U.S. data helps dollar. *Euro rises to 2- month high, posts best month in 4-1/ 2 years. NEW YORK, April 30- The dollar rose against the Japanese yen Thursday after U.S. data showed signs of a stabilizing labor market and an economy that was gathering momentum, putting the Federal Reserve on track to raise interest rates at least once this year.
Discussing the relationship between the dollar and the euro, with Rich Ross, Evercore ISI; Andrew Burkly, Oppenheimer; and Brian Sullivan.
*Stronger-than-expected U.S. data helps dollar. *Euro rises to 2- month high, but off its peak. NEW YORK, April 30- The dollar gained against the yen Thursday after U.S. data showed signs of a stabilizing labor market and an economy that was gathering momentum, putting the Federal Reserve on track to raise interest rates at least once this year.
The yen pushed higher on Thursday after the BOJ kept policy unchanged and held off from expanding its monetary stimulus.
The disappointing news on the world's biggest economy, coming on top of a worrying slowdown in China, found expression in a warning by New Zealand's central bank that it could cut rates if domestic momentum weakened. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.9 percent. "Risk has been building in the markets for weeks- the mass account...
TOKYO, April 30- Asian stocks slipped and the euro stood tall against the dollar early on Thursday after U.S. data overnight showed the economy grew much more slowly than expected in the first quarter. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.5 percent. The euro was steady at $1.1118 after surging to a near two-month high of $1.1188 in...
Moody's cut Greece's credit rating deeper into junk territory amid uncertainty over whether it will reach a deal with its international lenders in time.
SYDNEY, April 30- The euro was broadly higher on Thursday as German yields soared on easing deflation fears, while doubts about the strength of the U.S. recovery took a temporary toll on the dollar. The euro came within a whisker of $1.1200, pulling well away from this month's low of $1.0521. It also powered towards 133.00 yen, reaching highs last seen on March 5.
Antonin Jullier, global head of equity trading strategy at Citi, explains how the US dollar performance in Europe could look better and bring in more buyers, in the future.
*Delhaize falls after weaker-than-expected results. *Greece to present draft reform bill to lenders. LONDON, April 29- A batch of weaker-than-expected corporate results deflated European shares on Wednesday, while a rebound in the euro currency also pegged back the region's stock markets.
LONDON, April 29- The euro and German bond yields rose to their highest level in weeks on Wednesday, after data showed that a measure of bank lending across the bloc stopped shrinking in March and consumer inflation expectations rose for the first time this year. The euro traded above $1.10 and the 10- year German bond yield rose as high as 0.25 percent.
*Swedish crown rises 1 pct vs USD after Riksbank announcement. *Dollar index hits lowest level in 2 months. LONDON, April 29- The Swedish crown soared to a one-month peak against the dollar and hit its highest in nearly two weeks against the euro on Wednesday after Sweden's central bank surprised the market by leaving interest rates unchanged.