TOKYO, Dec 29- The euro inched away from more than two-year lows but remained on tenterhooks as investors awaited a key vote in Greece later in the session, while the dollar treaded water in its final week of a strong 2014.. "The possibility of a worrying outcome in Greece is a potentially risk-off factor, as is the possibility of an Ebola case in Japan," said Ayako Sera,...» Read More
*Yuan, more important for euro than dollar, could weaken. LONDON, Dec 28- While investors are betting the euro will fall against the dollar next year, hopes that the European economy will therefore get a boost could be premature: it may not depreciate at all against currencies of other major trading partners. As speculation grows that the European Central Bank will...
Germany's growth may top expectations next year and Europe's situation isn't as bad as many people think, the Bundesbank's president told a newspaper.
NEW YORK, Dec 26- The dollar rose against the yen and euro on Friday in scant volume, with many major markets still closed after the Christmas holiday. There's going to be a dip-buying mentality "said Rob Zukowski, senior technical analyst at 4 Cast Ltd. based in New York. Data on Tuesday that showed the U.S. economy growing at its fastest quarterly pace in 11 years...
The dollar edged up against the yen on Friday on light bargain hunting, with markets slowly getting into gear after the Christmas holiday.
MOSCOW, Dec 25- Russia's rouble strengthened in early trade on Thursday, as exporters continued to sell foreign currency, but trading volumes were thin as many Western markets were closed for the Christmas Day holidays. At 0724 GMT, the rouble was 1.8 percent stronger against the dollar at 52.45 and gained 1.9 percent to trade at 64.31 versus the euro.
*Many markets around the region closed, as well as Europe, U.S. But many foreign investors were taking time off, and markets were closed in other key countries around the region, including Australia, Singapore, Hong Kong and South Korea. They will also be closed in Europe and North America.
Currency strategists are pondering whether there is more volatility in store for the ruble.
Jeremy Stretch, head of foreign exchange Strategy at CIBC, says that continuing to sell euro below $1.20 against the dollar could surprise investors.
The dollar hovered at its highest in nearly nine years after strong U.S. economic growth caused market speculation of earlier interest rate hike.
SYDNEY, Dec 23- The dollar hovered at its highest in nearly nine years against a basket of major currencies on Wednesday after stunningly strong U.S. economic growth spurred markets to bring forward the timing of a likely hike in interest rates. The dollar index reached highs not seen since April 2006 as the greenback popped up to 120.82 yen and the euro sank to a...
Asian currencies may take a wild ride in 2015 with central bank policies set to diverge as the Fed prepares to raise interest rates, analysts say.
Australian dollar hit a 4-1/2-year trough against its U.S. counterpart as prices of iron for construction fell in China amid weak demand.
Amid the presidential voting in Greece, Manish Singh, strategist & head of investments at Crossbridge Capital talks about how the Greek election is adding volatility to "long Europe trade".
*Dollar back above 120.00 yen, dollar index hits near 9- year high. *Trading seen light in Asia with Japan closed for holiday. The euro wallowed near a two-year low of $1.2221, while the Canadian dollar eased to C $1.1634 per USD, back near a 5-1/ 2 year trough of C $1.1674 set last week.
NEW YORK, Dec 22- The dollar recovered ground late on Monday on rising U.S. The two-year Treasury auction of just over 70 basis points is the highest since mid-2011, and that's widening the dollar's front-end yield advantage and driving it higher, "said Vassili Serebriakov, currency strategist at BNP Paribas in New York. The euro slipped past Friday's 2-1/ 2 year low...
The euro bounced back from two-year lows against a slightly weaker dollar on Monday, with Greece's election among risks to a calmer mood.
MOSCOW, Dec 22- The Russian rouble firmed to a 10- day high against the dollar on Monday as exporters sold foreign currency revenues, partly to meet tax obligations and partly in response to a call from President Vladimir Putin. However, by 1615 GMT it had slipped back to 55.99 to the dollar and 68.50 to the euro as oil, Russia's chief export, fell 1.8 percent to $60.27.
Michael Cohen, Barclays, sees headwinds for emerging markets, and shares his 2015 oil forecast.
Discussing king dollar's continued move higher, with Kathy Lien, BK Asset Management.
*Gold ticks up after last week's 2 pct loss. LONDON, Dec 22- Gold edged up on Monday as the dollar retreated against the euro, though stronger equities and appetite for risk continued to dull the metal's appeal as an alternative investment. "I don't think investors will enter the market at this time of the year, but liquidity is so thin that if there are orders to be...