The yen held firm on Wednesday while investors kept their distance from riskier currencies such as the Australian dollar amid worries about China's economic health and tensions over Russia's seizure of the Crimea region of Ukraine.» Read More
MOSCOW, March 3- The rouble's fall will have considerable impact on Russia's inflation but the currency should not collapse, Interfax news agency cited Deputy Economy Minister Andrei Klepach as saying on Monday. The rouble fell to all-time lows against the dollar and the euro. It closed 2.2 percent down versus the dollar.
LONDON, March 3- The Japanese yen was at its strongest in a month against the dollar on Monday and looked set for more gains as investors sought safe havens from the risk of conflict in Ukraine and an economic slowdown in China.
Jane Foley, senior currency strategist at Rabobank, discusses the foreign exchange market and says that that the euro zone and its currency have "safe-haven characteristics."
NEW YORK, Feb 28- Stocks on Wall Street zoomed to a record high on Friday, shrugging off a revised downward estimate to U.S. growth, while the euro hit its highest level this year after inflation in Europe stabilized, cooling expectations of looser monetary policy.
The dollar fell to a two-month low against the euro after data showed euro zone inflation unexpectedly held steady this month.
Phyllis Papadavid, senior global foreign exchange strategist at BNP Paribas CIB, says the macro fundamentals are there for the euro to move lower next week.
TOKYO, Feb 28- Asian stocks shook off their gains and headed south on Friday, as unrest in Ukraine offset comforting words from U.S. The fear factor helped the yen rise against the dollar and euro on its traditional safe-haven appeal as tensions mounted in Ukraine, even after Yellen's testimony to a Senate committee helped the S&P 500 close at a record high.
Fears over a Russian intervention in Ukraine and a Chinese slowdown sent traders to the Swiss franc and Japanese yen.
*Euro suffers from safe haven bid on China, Ukraine nerves. LONDON, Feb 27- The yen and the Swiss franc rose on Thursday as jitters over the chance of Russian intervention in Ukraine added to concern around global emerging markets and drove capital towards the currency world's traditional safe havens.
LONDON, Feb 27- Political and military tension in Ukraine and Russia curbed risk appetite on Thursday, weighing on world stocks and pushing the euro, already under pressure from interest rate cut talk, to a two-week low.
Putin's war games in Ukraine and a government report showing new housing sales at five-year highs both boosted the greenback on Wednesday.
LONDON, Feb 26- The Swedish crown fell against the euro on Wednesday after Riksbank policymakers said lower interest rates could be needed, while the dollar edged higher ahead of testimony by Federal Reserve Chair Janet Yellen on Thursday.
*Dollar falls against euro and yen; China's yuan hits three-year low. NEW YORK, Feb 25- The dollar fell against a basket of major currencies on Tuesday after soft U.S. consumer confidence data drove bond yields lower, but stayed strong against the yuan after China's currency hit a three-year low.
The dollar fell against a basket of major currencies after soft U.S. consumer confidence data drove bond yields lower.
The euro could rally further against the dollar, even if the European Central Bank unveils further accommodative measures next week.
Klaus Wiener, head of tactical asset allocation at Generali, says the euro will rally against the dollar until the U.S. Federal Reserve hikes interest rates.
The dollar lost its safe haven bounce as risk appetite improved amid expectations that Ukraine would receive international aid.
*Yen gains on soft China housing data, fall in Asian stocks. LONDON, Feb 24- The Norwegian crown jumped to its highest level against the euro in three months, while the yen was higher on Monday as investors sought safe havens after soft China house price data.
*Wall Street seen opening higher. LONDON, Feb. 24- European stocks rose and the euro strengthened against the dollar on Monday as a surprise improvement in German business morale added to optimism over the euro zone's recovery, although worries over credit tightening in China kept investors wary.
LONDON, Feb 24- European shares and the euro got a boost on Monday after German business morale unexpectedly rose in February, lifting investors out of a funk caused by a fall in Chinese home prices.