*EU foreign ministers meeting eyed for message to Russia. LONDON, July 22- The dollar rose to its strongest against the euro in almost six months on Tuesday ahead of U.S. inflation numbers for June which should add to a picture of growing divergence between the U.S. and European economies.» Read More
The yen rose as investors sought shelter from economic stress in Europe.
LONDON, July 10- The yen rose to a three-week high against the euro on Thursday as investors sought safety following weak Italian economic data and concerns about Portugal's largest listed bank that hit European shares. The euro dropped 0.5 percent to 137.84 yen, its lowest since June 16.
The BoE left interest rates and its asset purchase target unchanged amid concerns that a strong sterling is choking off an economic recovery.
Philip Poole, head of research at Deutsche Asset and Wealth Management, says the dollar will strengthen and euro will weaken as the U.S. Federal Reserve ends tapering and the ECB introduces more stimulus measures.
NEW YORK, July 9- The U.S. dollar weakened against the euro and the yen on Wednesday after the Federal Reserve's June meeting minutes kept a dovish tone in a statement that was devoid of any large surprises. "A lot of what was said in the FOMC minutes we already knew, and we knew quite well," said John Kicklighter, senior currency strategist at DailyFX in New York.
*Dollar reverses earlier strength, falls against euro. NEW YORK, July 9- The U.S. dollar fell against the euro on Wednesday as investors awaited the release of minutes from the Federal Reserve's June meeting for any indications of how soon the U.S. central bank will raise interest rates.
The euro traded marginally stronger, with traders looking to a speech by ECB and minutes from the Fed meeting today.
LONDON, July 9- The euro was steady against the dollar on Wednesday, with traders looking to a speech by European Central Bank chief Mario Draghi and minutes of the U.S. "Its really been very quiet," said Daragh Maher, a strategist with HSBC on Monday.
European Central Bank executive board member Peter Praet, says innovation and reform rather than the level of the euro, are the solution to the euro zone's competitiveness issues.
--Neal Kimberley is an FX market analyst for Reuters. LONDON, July 9- Disappointing economic data out of Germany, the euro zone's engine room, combined with a suite of new ultra accomodatory monetary polices from the European Central Bank may prove the catalyst for euro weakness against the dollar.
LONDON, July 9- The euro traded marginally stronger on Wednesday, with traders looking to a speech by European Central Bank chief Mario Draghi and the minutes of the U.S. "Its really been very quiet," said Daragh Maher, a strategist with HSBC on Monday.
BRUSSELS, July 9- The single European currency is not too strong and the European Central Bank should not go beyond its mandate to influence the exchange rate, ECB Governing Council member Luc Coene said in a newspaper interview published on Wednesday.
The outlook for central bank policymaking dominated attention in major currency markets on Tuesday, with the dollar rally already fading.
SYDNEY/ SINGAPORE, July 8- The dollar held steady versus a basket of major currencies on Tuesday, having retreated from the previous day's near-two-week high, giving the euro a chance to get over an unexpected slump in German industrial output.
SYDNEY, July 8- The dollar started trade in Asia on the back foot on Tuesday having run out of puff near a two-week high, giving the euro a chance to get over an unexpected slump in German industrial output.
NEW YORK, July 7- The dollar weakened against the yen and the euro on Monday, in line with strengthening Treasuries, as investors continued to digest last week's strong U.S. employment report and speculated about when the Federal Reserve is likely to begin raising U.S. interest rates.
NEW YORK, July 7- The U.S dollar inched higher against the euro on Monday but pared some early gains, as investors continued to digest last week's strong U.S. employment report and speculated about when the Federal Reserve is likely to begin raising rates.
German industrial output fell 1.8 percent on the month in May, its biggest drop in more than two years, surprising most analysts.
LONDON, July 7- The euro slipped on Monday, testing a 22- month trough against the British pound, after weak German industrial data highlighted the divergent economic prospects between the euro zone and those of its biggest trading partners.
LONDON, July 7- The euro fell on Monday, hitting a 22- month trough against the British pound, after weak German industrial data highlighted the divergent economic prospects between the euro zone and those of its biggest trading partners.