The dollar held gains versus the yen and the euro was firm after rebounding from an eight-month low on promising U.S. and eurozone economies.» Read More
Geoffrey Yu, foreign exchange strategist at UBS, comments on the latest minutes from the Bank of England and on how they could affect sterling.
The U.S. dollar turned flat against the euro, giving up earlier gains which drove the European currency to an eight-month low.
LONDON, July 21- Currency investors began on Monday to show a glimmer of concern over the risks a surprise from Scotland's September vote on independence might pose to sterling, having appeared complacent over the issue so far.
The euro regained ground on the dollar, but trading was not energetic thanks to a holiday in Japan and geopolitical tensions.
The yen hit a five-month high versus the euro - and held some of its gains against the dollar - as investors saw the currency as a safe haven.
The yen hit a five-month high against the euro on renewed safe-haven inflows as the West imposed further sanctions against Russia.
SYDNEY/ TOKYO, July 17- The euro wallowed at five-month lows against the yen on Thursday and held near a two-year trough on sterling, having weakened broadly overnight in a move that should provide some comfort to the European Central Bank. Traders said recent upbeat UK data had prompted investors to switch into sterling from the euro.
SYDNEY, July 17- The euro wallowed at five-month lows against the yen on Thursday and held near a two-year trough on sterling, having weakened broadly overnight in a move that should provide some comfort to the European Central Bank. Traders said recent upbeat UK data had prompted investors to switch into sterling from the euro.
LONDON, July 16- The Australian and New Zealand dollars fell on Wednesday as Chinese growth data raised some questions about how long the growth would last, with some investors cautious about a recovery without another burst of government stimulus.
The dollar clung to gains after bulls latched onto a comment by the head of the Fed that rates could rise sooner if employment continued to improve.
SYDNEY, July 16- The dollar clung to modest gains early on Wednesday after bulls latched onto a comment by the head of the Federal Reserve that rates could rise sooner if employment continued to improve, while strong inflation sent sterling to a six-year high.
NEW YORK, July 15- The dollar climbed against most other leading currencies on Tuesday after Federal Reserve chief Janet Yellen championed continuing loose U.S. monetary policies to boost employment and stagnant wages.
*Sterling rises after UK inflation jumps. LONDON, July 15- The euro fell on Tuesday, after Germany's ZEW survey suggested a shaky start for Europe's largest economy in the third quarter while lingering problems about Portugal's largest listed bank kept investors wary of the single currency.
The yen eased on Tuesday after the Bank of Japan's growth warning, but it stopped short of hinting at a new bout of money-printing.
The dollar was steady as investors awaited pivotal events, including Fed Chair Janet Yellen's congressional testimony, for fresh cues.
The yen was near a five-month peak against the euro as banking woes in Portugal drove equities lower and lifted demand for the safe-haven currency.
The yen rose as investors sought shelter from economic stress in Europe.
The BoE left interest rates and its asset purchase target unchanged amid concerns that a strong sterling is choking off an economic recovery.
The euro traded marginally stronger, with traders looking to a speech by ECB and minutes from the Fed meeting today.
*UK output dips unexpectedly, sterling falls. LONDON, July 8- Europe's main stock indices and lower-rated government bonds slipped on Tuesday amid reports of new U.S. fines for banks and dimming prospects the European Central Bank will launch an asset purchase programme.