The dollar touched an 11-month high after positive U.S. housing data the previous day fed hopes that the world's biggest economy is strengthening.» Read More
The yen came under pressure from Japan's plans to increase its pension allocation to the domestic stock market.
*Wall Street up after claims data. NEW YORK, Aug 7- European shares and the euro fell on Thursday and investors retreated to safe-haven government debt after a stronger-than-expected move by Russia to ban certain imports from Europe and the United States. Wall Street was higher in early trading after better-than-expected figures on weekly jobless claims.
*Yen slips as Tokyo shares push higher on the GPIF report. NEW YORK, Aug 7- The euro weakened on Thursday, undermined by the European Central Bank's saying it would leave interest rates unchanged at record lows and that the fragile economic recovery will keep the loose policy in place for an extended period.
LONDON, Aug 7- The yen sagged against the dollar on Thursday on news that Japan's public pension fund plans to increase its allocation to the domestic stock market, while the euro was flat ahead of a monthly decision on interest rates.
LONDON, Aug 7- The first Russian riposte in a sanctions tussle with the West over Ukraine kept European shares and the euro under pressure on Thursday, as markets waited to hear how the European Central Bank would respond to the crisis.
The euro zone has “no future” without reforms, the head of the Bank of Lithuania told CNBC ahead of his country’s accession next January.
SINGAPORE/ SYDNEY, Aug 7- The euro held steady above a nine-month low on Thursday ahead of a policy review by the European Central Bank, while the Aussie dollar tumbled after surprisingly weak Australian jobs data.
With geopolitics weighing on the euro, there's now a greater need for aggressive easing from the European Central Bank, says Hamish Pepper, Forex Strategist, Asia Pacific at Barclays.
Stephen Davies, CEO of Javelin Wealth Management, says retaliatory sanctions from Russia may heighten the need for more interventionist policies from the European Central Bank.
SYDNEY, Aug 7- The euro nursed broad losses early on Thursday after a batch of disappointing data from Italy and Germany soured sentiment for the currency just hours ahead of a policy review by the European Central Bank.
The dollar held near an 11-month high, supported by upbeat U.S. data, while the New Zealand dollar took a hit from a fall in dairy prices.
*NATO says concerned about threat of Russia entering Ukraine. NEW YORK, Aug 6- The euro hit a fresh nine-month low against the dollar on Wednesday after Italy said it fell into recession again in the second quarter, June German industrial performance slumped and investors grew more cautious over the conflict in Ukraine.
LONDON, Aug 6- The dollar's rally looks set to continue, according to a Reuters poll, as the U.S. economy is picking up smartly and raising market speculation about how soon the Fed will have to lift interest rates. It has finally happened, gaining over 4 percent on the euro since hitting a 2-1/ 2 year low in May, to trade around $1.34.
*NATO says concerned about threat of Russia entering Ukraine. LONDON, Aug 6- The euro fell to a nine-month low against the dollar on Wednesday as Italy reported it had fallen back into recession in the second quarter, German data showed industrial performance slumped in June and concern grew over conflict in Ukraine.
LONDON, Aug 6- The euro recovered a touch after sliding to a nine-month low against the dollar on Wednesday, hit by a sharp drop in German industrial orders and uncertainty about the intentions of Russian troops operating near the Ukrainian border.
SINGAPORE/ SYDNEY, Aug 6- The euro slipped to a nine-month low on Wednesday, extending its losses after data showed a sharp drop in German industrial orders, while the New Zealand dollar took a hit after a fall in dairy prices.
Luis Costa, head of CEEMEA FX and rates strategy at Citi, discusses the prospects of the euro and why analysts have been wrong on its price movement.
SYDNEY/ SINGAPORE, Aug 6- The dollar held near an 11- month high against a basket of major currencies on Wednesday, supported by upbeat U.S. data, while the New Zealand dollar took a hit from a fall in dairy prices. The euro eased 0.1 percent to $1.3368, having plumbed a nine-month trough of $1.3358 on Tuesday.
SYDNEY, Aug 6- The dollar held near an 11- month high against a basket of major currencies early on Wednesday, having got a second wind after upbeat U.S. data bolstered expectations of solid economic growth in the third quarter. The euro languished at $1.3370, having plumbed a nine-month trough of $1.3358.
The US dollar extended a rally after an 8-1/2 year high in services growth and a bigger-than-expected increase in factory orders.