The U.S. dollar rose broadly on Thursday after the Federal Reserve signaled it would begin to dial down stimulus this year as the economic outlook improves.» Read More
*Nikkei recovers 2 percent, Euro shares climb 0.3 percent. LONDON, June 14- Stocks recouped some of their recent sharp losses and the dollar steadied on Friday, although both were limping towards a fourth straight week of declines driven by persistent doubts over central bank stimulus programmes.
TOKYO/ SYDNEY, June 14- The U.S. dollar stayed on the back foot in Asia on Friday, having slumped to a fresh four-month low against a basket of currencies as a bounce-back in global equities saw investors favour the euro and commodity currencies.
*Dollar and yen both under broad pressure as Wall St rallies. SYDNEY, June 14- The U.S. dollar remained in the doldrums in early Asian trade on Friday, having slumped to a fresh four-month low against a basket of currencies as a bounce-back in global equities saw investors favour the euro and commodity currencies.
Lee Hardman, currency analyst at Bank of Tokyo-Mitsubishi UFJ, discusses the USD ahead of the FOMC meeting and says the USD/JPY correction is now "close to complete".
The yen rose against the dollar to levels not seen since the Bank of Japan unleashed its aggressive stimulus in early April.
The dollar recovered lost ground against the yen on Wednesday after a sharp sell-off the previous day as investors sought to buy at cheaper levels.
NEW YORK, June 12- The dollar recovered lost ground against the yen on Wednesday after a sharp selloff the previous day as investors sought to buy at cheaper levels while remaining focused on central bank stimulus.
LONDON, June 12- The dollar clawed back some lost ground against the yen on Wednesday after a sharp selloff the previous day, though its gains could run out of steam if another bout of weakness hits stock markets.
LONDON, June 12- The euro touched a more than three-month high versus the dollar on Wednesday after doubts emerged over how soon the Federal Reserve would limit its ultra-loose monetary policy, which weighed on the dollar. U.S. data has not been supportive for an early reduction, "said Niels Christensen, FX strategist at Nordea.
The yen soared on Tuesday after the Bank of Japan decided not to announce additional measures to curb recent volatility in the bond market.
*Yen jumps vs dollar, euro after BOJ leaves policy unchanged. NEW YORK, June 11- Investors sold stocks and commodities worldwide on Tuesday, unnerved by fears that major central banks are cooling in their commitment to pump money into the economy to spur recovery.
Dan Greenhaus, BTIG, explains how global uncertainty is driving market volatility as investors brace for additional pressure in currencies.
Paul Richards, UBS, explains how legal issues in Germany and the Bank of Japan's policies are sending jitters through the financial markets.
LONDON, June 11- The yen rose on Tuesday as some investors unwound bets against the currency after the Bank of Japan refrained from taking additional measures to curb recent bond market volatility.
Robert Zoellick, Distinguished Visiting Fellow at the Peterson Institute for International Economics explains why he thinks Japan needs to invest heavily in structural reforms.
The dollar rose sharply versus the yen on Monday, bolstered by stronger-than-forecast Japanese data and a Standard & Poor's upgrade to the credit outlook for the United States.
The dollar recovered on Friday from steep losses in the previous session after a government report showed a reasonably healthy pace of U.S. job creation in May.
Pawel Szalamacha, Polish member of parliament from the Law and Justice Party, says the current government is focusing too much on the financial sector and that Poland should not join the euro zone.
Donald Tusk, Poland's prime minister, stresses that Poland still wants to join the euro zone but won't do so until the bloc has recovered and discusses its relationship with Germany and political stability.
NEW YORK, June 6- Gold rose 1 percent in a late recovery on Thursday as the dollar fell sharply against the yen and the euro on fears of weak U.S. jobs data that will be released on Friday.