The euro recovered from a 11-month low against the dollar, helped by better-than-expected German private sector growth data.» Read More
SYDNEY, Aug 14- Sterling languished at four-month lows early on Thursday, having taken the honors of the worst-performing major currency after the Bank of England signaled it was in no hurry to raise interest rates.
*Yen subdued after Japan Q2 GDP contraction. NEW YORK, Aug 13- The dollar rose to one-week highs against the yen and inched higher versus the euro on Wednesday, getting support from gains on Wall Street after a relatively quiet day on the geopolitical front. But the dollar soon recovered after that in generally thin trading as Wall Street shares closed higher.
The British pound also falls on inflation, wages data, and the yen is subdued after Japan's Q2 GDP contraction.
SINGAPORE/ SYDNEY, Aug 13- The yen held steady versus the dollar on Wednesday, showing limited reaction to the widely expected contraction in Japan's economy in April-June, while the euro hovered above the previous day's lows.
German morale data adds to evidence of damage from Ukraine. TOKYO, Aug 13- Asian shares struggled on Wednesday after Wall Street snapped a two-day rally with the crisis in Ukraine sapping investor confidence as it threatens a fragile economic recovery in Europe.
SYDNEY, Aug 13- The euro nursed only modest losses early on Wednesday, having regained quite a bit of ground as markets got over a closely watched report that showed a slump in German economic sentiment. The common currency last traded at $1.3369, after coming within a whisker of a nine-month trough of $1.3333.
NEW YORK, Aug 12- Brent crude oil hit a nine-month low on Tuesday as ample North American production outweighed concern over supply from the Middle East, while stocks and the euro were pressured by plunging investor morale in Germany, Europe's largest economy.
LONDON, Aug 12- Sterling inched up against the euro on Tuesday after a survey showed investor morale in Germany at its lowest in over 1-1/ 2 years, a further sign that the euro zone recovery is faltering.
NEW YORK, Aug 12- The euro fell for a second consecutive session against the dollar on Tuesday after a benchmark survey highlighted growing concerns in Germany about the impact of the Russia- Ukraine crisis. The West has imposed tough sanctions on Moscow, one of Germany's biggest trading partners, over Russia's purported role in Ukraine.
*New Zealand dollar hits 2- month lows. The German ZEW survey showed both the current situation index and the expectations index deteriorated sharply, as Europe's largest economy was hit by uncertainty caused by the Ukraine crisis.
Boris Schlossberg, managing director at BK Asset Management, says the next Ifo report will be more important than the ZEW data - which plunged in August - and discusses the euro/dollar.
The euro fell towards 9-month lows against the dollar on Tuesday, as investors positioned for a weak German sentiment survey.
*European stocks dip with Ukraine worries to the fore. LONDON, Aug 12- European shares fell on Tuesday, throwing a rally in the U.S. and Asia into reverse, and the euro dipped towards nine-month lows against the dollar as reports a Russian aid convoy was heading to Ukraine ratcheted up tension between Kiev and Moscow.
The German ZEW survey for August will be released at 0900 GMT and both the current situation index and the expectations index are both forecast to have fallen, as many expect Europe's largest economy to be hit by sanctions imposed on Russia.
NEW YORK, Aug 11- The euro fell against the dollar on Monday, giving up Friday's gains, hampered by looming monetary easing from the European Central Bank and worries about the impact of the Russia- Ukraine conflict on Germany, the euro zone's largest economy. Germany is Russia's largest trading partner in the European Union.
NEW YORK, Aug 11- The euro slid against the dollar on Monday, giving up Friday's gains, hampered by looming monetary easing from the European Central Bank and worries about the impact of the Russia- Ukraine conflict on Germany, the euro zone's largest economy.
The Norwegian crown hit a seven-week high against the euro after Norway reported consumer inflation unexpectedly jumped in July.
LONDON, Aug 11- The Norwegian crown soared to a seven-week high against the euro on Monday after Norway reported consumer inflation unexpectedly jumped in July, as investors trimmed expectations that the central bank would cut interest rates.
LONDON, Aug 11- The Norwegian crown hit a seven-week high against the euro after Norway reported consumer inflation unexpectedly jumped in July, making it less likely the central bank will cut interest rates.
Gareth Berry, FX Strategist at UBS Investment Bank, says the threat of an escalation in Ukraine will weigh on the euro in the near term. He later discusses if it's time to short the currency.