The euro fell more than half a cent against the dollar on Tuesday after Reuters reported the European Central Bank was looking at buying corporate bonds.» Read More
SYDNEY, Sept 16- The U.S. dollar loitered in familiar territory early on Tuesday with investors reluctant to do much as they waited for fresh guidance on interest rates from the Federal Reserve, while the Australian dollar rebounded from a six-month trough.
Sweden's crown fell to a two-month low against the euro after the country elected a minority government.
Peter Frank, global head G10 and Asia foreign exchange strategy at BBVA, discusses the Australian dollar, the Swiss franc and the Indian rupee and says another decline in the Aussie is to be expected.
*Aussie tests psychological 90- cent support on soft China data. SYDNEY, Sept 15- The Australian dollar slid to a six-month low on Monday as worries about slower Chinese growth hit a nerve, but other major currencies held their ground ahead of this week's Federal Reserve policy meeting.
*China slowdown worries curb risk appetite. SYDNEY, Sept 15- Asian stocks stumbled to their lowest in five weeks on Monday after a batch of weak data out of China raised the specter of a sharp slowdown in the world's second-biggest economy. The Australian dollar, considered a liquid proxy for China plays, also took a hammering and slumped to a six-month low.
*Aussie extends fall on disappointing China data. *China's factory output grows at weakest pace in nearly six years. "China data was the catalyst of the move lower.
The dollar index was headed for a ninth consecutive week of gains after retail sales data added to expectations that U.S. growth is gaining steam.
The U.S. dollar hit a six-year high against the yen and sterling recovered some ground after recent nerves over Scottish independence.
The dollar also trounced the Australian dollar and several emerging currencies on Wednesday, the latest sign of a long-awaited return of volatility.
LONDON, Sept 10- The dollar hit a six-year high against the yen while trouncing the Australian dollar and several emerging currencies on Wednesday, the latest sign of a long-awaited return of volatility to the world's biggest financial market.
TOKYO/ SYDNEY, Sept 10- The dollar rose to a new six-year high against the yen on Wednesday, as the Australian dollar nursed a second session of heavy losses after further gains in U.S. The rise in U.S. yields helped the greenback hit a fresh six-year high of 106.56 yen on the EBS trading platform.
SYDNEY, Sept 10- The Australian dollar nursed a second session of heavy losses early on Wednesday as investors unwound popular carry trades amid a pick-up in market volatility and further gains in U.S. It slid to its lowest in over five months at $0.9188, before edging back to $0.9210.
Investors bet that the U.S. economy is growing at a pace that is likely to lead the Federal Reserve to begin raising interest rates next year.
Sterling plunged on fears over the outcome of Scotland's upcoming independence referendum and the Australian and Brazilian currencies also dropped.
The euro rose to session highs against the dollar after U.S. hiring in August fell far short of forecasts.
The euro hit fresh 14-month lows against the U.S. dollar and nearly two-year lows against the Swiss franc on Thursday.
The euro steadied against almost every other major currency on Wednesday after Ukraine said it has agreed on a ceasefire with Russia.
The euro sagged on Tuesday to fresh one-year lows against the dollar on bets the ECB will do more to help a wobbly euro zone economy.
The euro hit a year-low against the dollar on Monday, as investors added to bets against the single currency before a policy meeting this week.
The dollar rose on Friday, with traders looking beyond soft U.S. consumer-spending data.