The US dollar was weakened by falling equity prices, Treasury yields, and a slower-than-expected expansion in the US manufacturing sector.» Read More
The dollar fell against a basket of currencies on Thursday after Federal Reserve chief Janet Yellen reiterated an accommodative monetary policy stance.
*Japan finmin upbeat on economy, hints pension fund may act. LONDON, April 16- The yen fell against the dollar and the euro on Wednesday, hit by comments by Japan's finance minister that traders took as a sign of future buying of Tokyo stocks by its state pension fund.
The yen fell on Wednesday, hit by comments by Japan's finance minister that traders took as a sign of a weaker yen.
The yen fell against the dollar and the euro on Wednesday, on pension fund comments by Japan's finance minister.
The euro fell after the European Central Bank said it will be forced to ease further if the currency keeps going up.
The dollar lost 2.5 percent against the yen since last Friday, on guidance that the Federal Reserve will not soon raise base interest rates.
In morning trade in Europe, it was down 0.06 percent against the yen and 0.04 percent up against the euro at 101.46 yen and $1.3892 respectively. "The dollar is looking weak against the yen and sterling, while the euro continues to surprise us," said Lee McDarby, executive director of UK corporate FX sales at Nomura International Plc in London.
The dollar hit a three-week low on Thursday after minutes from the Federal Reserve's March meeting disappointed dollar bulls.
The dollar bounced back a third of a percent against the yen after a steep slide against Japan's currency.
Jeremy Stretch, head of FX strategy at CIBC, says the International Monetary Fund ate some "humble pie" when it upgraded Britain's growth forecast on Tuesday.
Ian Stannard, head of European FX strategy at Morgan Stanley, says a more balanced economic recovery in the U.K. will push sterling higher.
The dollar fell to a 10-day low against the yen after the Bank of Japan refrained from additional monetary easing.
The dollar lost ground against the yen and dipped versus the euro after U.S. jobs data last week disappointed.
EM currencies have rallied against the dollar after Friday's U.S. jobs number, with some forex experts predicting an interesting period ahead for the asset class.
The dollar fell on Friday after U.S. non-farm payrolls showed job growth necessary for the Fed to wind up its asset purchasing program.
The euro dropped on Thursday after the European Central Bank pledged to use unconventional measures if needed to battle low inflation.
The euro was steady against the dollar after the ECB's policy decision, where they failed to cut rates to boost euro zone growth.
The British pound was strengthened by construction purchasing manager's index, even after other disappointing construction data.
The yen reached a fresh six-year low on the New Zealand dollar on Monday, as safe-haven demand waned amid hopes of more stimulus from China.
The euro fell to three-week low against the dollar on Friday, with investors wary given strong rhetoric from European Central Bank officials about its recent strength and awaiting German inflation data that could undermine it further.