The U.S. dollar rose against major currencies for a third session on diverging monetary policy between the Federal Reserve and other central banks.» Read More
*Crude oil stabilises before Thursday's OPEC summit. TOKYO, Nov 26- European shares pushed higher on Wednesday, bolstered by the prospect of more stimulus from the European Central Bank and as upbeat U.S. economic growth data calmed investor anxiety over a deteriorating global outlook. The pan-European FTSEurofirst index of leading blue-chip companies has...
SYDNEY, Nov 26- The Australian dollar hovered at a four-year low early on Wednesday, having been singled out by sellers in an otherwise aimless currency market ahead of the U.S. It has now given back half of its 2008-2011 rally from around $0.6000 to $1.1100. "The AUD sits squarely at the bottom of the G10 pack in the past 24 hours and heading into the NY close, with a...
The yen rose on Tuesday after Bank of Japan minutes showed the hurdle to further quantitative easing was high.
The euro rose against the dollar and yen on Monday due to encouraging German business data and remarks from a top European Central Bank official.
Todd Elmer, Currency Strategist at Citi, says there is potential for the Australian dollar to outperform on the back of China's surprise stimulus and outlines trading strategies.
The euro fell sharply on Friday after European Central Bank chief Mario Draghi signaled the organization could launch further monetary easing.
*Aussie rises after China cuts rates. LONDON, Nov 21- The euro fell sharply on Friday after European Central Bank chief Mario Draghi said inflation expectations were declining to levels that were very low, keeping the door open for further monetary easing soon. The Australian dollar jumped after China cut benchmark interest rates to bolster a sagging economy.
The US dollar has recovered from session lows of 117.75 yen, while the euro fell slightly from around $1.255 to $1.245.
The greenback will rise steadily against each of its major counterparts in the next year as the Fed looks to raise rates, according to HSBC's David Bloom.
The US dollar was slightly weaker against the euro and the yen after the Federal Reserve released the minutes of last month's meeting.
The U.S. dollar weakened against the euro on Tuesday on a better than expected survey of German sentiment.
The yen recovered from seven-year lows against the dollar but remained under pressure after data showing Japan's economy slipping into recession.
The Japanese yen left many currency experts wrong-footed on Monday with a seemingly unstoppable depreciation coming to an abrupt halt.
The dollar rallied on Friday, helped by unexpectedly strong U.S. retail sales data and a slide in the yen to seven-year lows.
Dollar moved towards a seven-year high against the yen, driven by speculation that the Japanese Prime Minister will call a snap election.
Soc Gen's Albert Edwards believes the Japanese currency will sink to 145 yen against the dollar by April, forcing devaluations across Asia.
TOKYO, Nov 13- The dollar took time out from its rally against the yen and euro on Thursday as traders awaited Chinese and U.S. data for fresh catalysts, while the Australian dollar slid after a central bank official said an intervention on the currency has not been ruled out. The British pound languished at 14- month lows versus its U.S. peer after dovish messages...
Christopher Kent, RBA's Assistant Governor, said the central bank isn't ruling out currency intervention. Mitul Kotecha, Head of FX Strategy, Asia Pacific at Barclays, discusses.
Britain's pound slouched near recent 14-month lows against the dollar as investors pushed back rate-hike expectations to the fourth quarter of 2015.
The dollar climbed to a seven-year high against the yen as Prime Minister Abe is likely to delay a planned sales tax increase.