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
The euro fell against the dollar after data showed Spanish consumer prices falling more than expected.
Disappointing U.S. data raised concern that the world's biggest economy is losing momentum in the final months of 2014.
Adam Myers, European head of FX strategy at Crédit Agricole CIB, says that the Bank of England is underestimating the strength of the U.K.'s economy and improving data will see the pound rally in the second half of 2015.
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.
The euro fell sharply on Friday after European Central Bank chief Mario Draghi signaled the organization could launch further monetary easing.
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.
LONDON, Nov 19- The dollar hit a fresh seven-year high against the yen on Wednesday, and held near a 14- month peak versus sterling, as investors added favourable bets ahead of Federal Reserve minutes that could highlight policy divergence with its peers. The yen was on the defensive, falling to a six-year trough against the euro, after Japanese Prime Minister...
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 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...
TOKYO, Nov 13- The dollar took time out from its rally against the yen and euro early on Thursday as traders awaited a batch of Chinese and U.S. data, while the British pound languished at 14- month lows versus its U.S. peer after dovish messages from the Bank of England. The yen stabilised somewhat after Japan's top government spokesman Yoshihide Suga cooled...
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.
NEW YORK, Nov 12- Britain's pound fell to a 14- month low against the dollar on Wednesday as investors pushed back rate-increase expectations to late 2015 after the Bank of England forecast low inflation. Sterling slipped further below $1.60 and was last at $1.5782, off 0.85 percent, against the dollar. "Dovish inflation data has effectively overshadowed a...
NEW YORK/ LONDON, Nov 12- Gold prices were little changed on Wednesday as dollar gains pulled the metal down from earlier highs, and overall sentiment stayed with the bears as outflows from bullion funds showed no sign of slowing. The greenback edged up against a basket of major currencies, but rose to a 14- month high against the British pound as investors pushed...