The euro raced to a near six-week high against the dollar and scaled a fresh five-year peak versus the yen on Monday after strong U.S. payrolls data boosted risk appetite.» Read More
LONDON, Dec 5- Sterling fell to its lowest against the euro in more than a week on Thursday as the European Central Bank upgraded its growth forecasts and the head of the ECB appeared to be cautious about more easing. "The ECB signalled no imminent need for further easing from here," said Valentin Marinov, a currency strategist at Citi.
Sterling is also likely to draw support from an encouraging message about Britain's finances and economy in an update by finance minister George Osborne expected later on Thursday. Sterling was down 0.15 percent at $1.6355, with stop-loss sell orders cited at $1.6320 and $1.6300.
The dollar rose against the yen and the euro on Wednesday.
LONDON, Dec 4- Sterling's rally to five-year highs against a basket of currencies on robust UK data could raise the risk of verbal intervention by the Bank of England, which wants to shift the economy towards more exports.
The yen rose against the dollar and the euro on Tuesday, rebounding from losses as falling stock markets worldwide prompted safe-haven demand for the Japanese currency.
TOKYO/ SYDNEY, Dec 3- The yen wallowed near six-month lows against the dollar on Tuesday, and five-year lows against the euro and sterling due to prospects of the Bank of Japan taking more stimulus steps. The dollar hit 103.165 yen, inching closer to its May 22 peak of 103.74 yen and last stood at 103.10 yen, up 0.2 percent from late U.S. levels.
The dollar climbed to a more than six-month high against the yen on Monday on speculation the Bank of Japan may expand its already massive economic stimulus.
*HSBC final PMI suggests China manufacturing stable. LONDON, Dec 2- World shares dipped and the dollar strengthened on Monday, as investors waited for key U.S. data this week after a decent reading on China manufacturing and some mixed euro zone PMIs.
LONDON, Dec 2- The Australian and New Zealand dollars rose sharply on Monday following positive data from China while sterling hit a five-year high against a basket of currencies, driven ny better economic prospects.
SYDNEY/ TOKYO, Dec 2- Commodity currencies gained sharply on Monday following positive data from China while the British pound soared on expectations of early policy tightening by the Bank of England.
The euro traded near a five-year peak against the yen and a one-month high against the dollar.
The yen clawed back lost ground against the euro and dollar in Asia on Thursday after touching fresh lows against both, on track for one of its worst monthly performance this year.
*Trading light with U.S. markets shut for Thanksgiving on Thursday. SYDNEY, Nov 28- The yen languished at fresh lows against the euro and dollar early in Asia on Thursday on track for one of its worst monthly performance this year, while sterling climbed on more evidence of a stronger economic recovery at home.
The euro rose near a one-month high against the dollar and a four-year high against the yen.
The dollar dropped broadly on Tuesday, as lower U.S. Treasury debt yields drove investors to trim bullish bets.
*Dollar index falls, lending support to the euro. *Yen near four-year low vs euro, five-year vs GBP, 23- year low vs Swiss. NEW YORK, Nov 26- The dollar dropped broadly on Tuesday, as lower U.S.
The yen hit a six-month low against the dollar and a four-year trough versus the euro on Monday as a deal on Iran's nuclear program sent risk higher.
The euro climbed to a four-year peak against the yen and rose for a second straight day versus the dollar on Friday.
The dollar jumped to its highest in more than four months against the yen on Thursday.
The dollar edged lower after Fed Chairman Ben Bernanke said the Fed will maintain its ultra-easy policy for as long as needed.