Unexpectedly strong non-farm payroll data boosted the dollar, despite the cold winter across much of the United States.» Read More
Valentin Marinov, director of FX strategy at Citi, says more poor data such as jobs numbers out of the U.S. will hit the dollar.
TOKYO/ SINGAPORE, March 7- The euro held steady near a two-month high against the dollar on Friday, pausing in the wake of a European Central Bank inspired rally, as trade turned cautious ahead of U.S. jobs data.
*Dollar firm versus yen, Ukraine wariness seen capping gains. TOKYO, March 7- The euro hovered near a two-month high against the dollar early on Friday following a relief rally when the European Central Bank left its interest rates unchanged. The euro stood at $1.3860, within a stone's throw of a two-month peak of $1.3873 hit on Thursday just after the ECB decision.
Michael Woolfolk, Managing Director and Senior Currency Strategist at BNY Mellon, says the euro will be on an uptrend, after the European Central Bank kept rates unchanged on Thursday.
The European Central Bank left interest rates unchanged on Thursday and ECB President Mario Draghi told a news conference that economic conditions in the region did not require shifts in monetary policy, including some that may have driven currency trading away from the euro.
*Diplomatic talks on Ukraine also weigh on Bunds. LONDON, March 6- German government bond yields rose and the euro hit a 10- week high against the dollar on Thursday after the European Central Bank took no fresh steps to ease monetary policy in the face of persistently low inflation.
*Stocks rise on efforts to resolve Ukraine crisis. NEW YORK, March 6- World share markets rose on Thursday, supported by hopes diplomatic efforts would cool the crisis in Ukraine, while the euro advanced to its highest level of the year after the European Central Bank signaled its economy needs no additional stimulus.
NEW YORK, March 6- The euro jumped against the dollar on Thursday to its highest since December and to a peak against the yen not seen since Jan. 23 after the European Central Bank signalled no need for new economic stimulus.
The euro rose to its highest level since December after comments from the ECB's Mario Draghi, reports CNBC's Michelle Caruso-Cabrera.
The euro added half a cent after the European Central Bank left interest rates unchanged.
Daragh Maher, FX strategist at HSBC, and Stephanie Flanders, chief market strategist for the U.K. and Europe at J.P. Morgan Asset Management, discuss the potential stumbling blocks for sterling's rally.
*Stocks rise on efforts to resolve Ukraine crisis, ECB. LONDON, March 6- World shares rose on Thursday, supported by diplomatic efforts to cool the crisis in Ukraine, while the euro held steady on speculation the European Central Bank would ease monetary policy later in the day.
Peter Rosenstreich, chief FX analyst at Swissquote Bank, says a lack of action by the European Central Bank on Thursday will see the euro continue to rally.
TOKYO, March 6- The euro stayed on the defensive on Thursday, having lost ground against its peers as investors prepared for possible policy easing by the European Central Bank later in the day. The euro last stood at $1.3728, having slipped as far as $1.3707 overnight.
*Diplomatic efforts to solve Ukraine crisis underpin risk assets. TOKYO, March 6- Asian shares could enjoy a reprieve on Thursday as diplomatic efforts moderate the crisis over Ukraine, while the euro comes under pressure as investors speculate whether the European Central Bank will ease policy later in the day.
Emma Lawson, Senior Currency Strategist at NAB, discusses Euro's continued uptrend and whether the European Central Bank (ECB) will cut rates at Thursday's meeting.
*Yen extends broad slide, focus shifts to data. *Euro lower against the dollar ahead of ECB meeting. NEW YORK, March 5- The dollar edged higher against the euro and yen on Wednesday, shrugging off softer-than-expected U.S. private-sector payrolls and services sector reports affected by severe winter conditions.
The yen extended its losses against the dollar and euro as concerns over the standoff between Russia and Ukraine eased somewhat.
LONDON, March 5- A semblance of calm returned to world markets on Wednesday after two days of intense volatility as the United States and Russia were set to hold talks on easing East-West tension in Ukraine.
LONDON, March 5- The safe-haven yen extended its losses against the dollar and euro on Wednesday as concerns over the standoff between Russia and Ukraine eased somewhat, allowing investors to focus on a slew of forthcoming data.