TOKYO, June 10- A sharp bounce in the Japanese stock market on Monday helped the dollar move further away from a two-month low against the yen plumbed in the previous session, while the Australian dollar skidded after disappointing data from China, its biggest export market.
*Aussie under pressure after more lacklustre China data disappoints. TOKYO, June 10- The dollar extended its recovery against the yen in Asia on Monday, moving well away from a two-month low plumbed in the previous session, while the Australian dollar slumped after disappointing data from China, its biggest export market.
*AUD hardest-hit by China data, sheds as much as 1 pct. "The data didn't suggest an imminent tapering, but it still pointed to the direction of the Fed scaling back its quantitative easing at some point, leaving an element of uncertainty," said Ayako Sera, senior market economist at Sumitomo Trust Bank in Tokyo.
*Aussie under pressure after China trade data disappoints. TOKYO, June 10- The dollar resumed its bounce against the yen in early Asian trade on Monday, moving well away from a two-month low plumbed in the previous session, while the Australian dollar slumped after disappointing data from China, its biggest export market.
*AUD hardest-hit by China data, down 1 pct. SYDNEY, June 10- Asian stock markets are set for a cautious start on Monday as another set of soft data from China over the weekend rekindled global growth worries, but any selling may be contained on easing concerns that the massive U.S. stimulus could be scaled back in the near future.
SYDNEY, June 6- The yen was sharply higher on Thursday as a rout in Japanese stocks forced investors out of popular carry trades, while commodity currencies were under fierce pressure with the Australian dollar wallowing at 19- month lows.
TOKYO/ SYDNEY, June 5- The dollar's recovery from an early-week selloff paused on Wednesday as investors awaited a trio of U.S. job reports, while the Australian dollar took a hit after disappointing growth data.
DuckDuckGo CEO Gabriel Weinberg says web traffic on his search engine, billed as an alternative to Google that doesn't store your private information, surged 33 percent after the NSA news broke. Weinberg discusses the model of his search engine, and how the company makes money.
Wednesday, 19 Jun 2013 | 6:31 AM ETJohn Silvia, Wells Fargo Securities, and Barbara Marcin, Gabelli Dividend Income Fund, discuss whether investors should reconsider allocating their portfolios as the Fed wraps up its two-day policy meeting.
Wednesday, 19 Jun 2013 | 8:53 AM ETKen Langone, Invemed Associates chairman and president, called Fed Chairman Ben Bernanke a "lame duck."