The Australian dollar slid on Wednesday after data showed that Australian consumer prices rose less than expected in the first quarter.» Read More
Ukraine tension shakes investors, who head for the greenback on strong US spending data.
The dollar fell to a two-month low against the euro after data showed euro zone inflation unexpectedly held steady this month.
Fears over a Russian intervention in Ukraine and a Chinese slowdown sent traders to the Swiss franc and Japanese yen.
Putin's war games in Ukraine and a government report showing new housing sales at five-year highs both boosted the greenback on Wednesday.
The dollar fell against a basket of major currencies after soft U.S. consumer confidence data drove bond yields lower.
The dollar lost its safe haven bounce as risk appetite improved amid expectations that Ukraine would receive international aid.
U.S. data this week will continue to reflect the impact of extreme weather, presenting a downside risk for the U.S. dollar.
The National Association of Realtors delivered some bad news, sending the euro back up against the dollar.
A still fragile outlook for the European economy and strong US economic growth helped push the greenback up.
SYDNEY, Feb 17- The U.S. dollar languished at six-week lows against a basket of major currencies on Monday, still struggling to get over yet more disappointing U.S. economic news that stood in contrast to better data out of the euro zone and China. The euro touched a three-week high of $1.3717, while sterling scaled a four-year peak of $1.6776.
SYDNEY, Feb 13- The euro nursed losses early on Thursday, having suffered a setback on dovish comments from a top European Central Bank official, while a surprisingly upbeat economic outlook from the Bank of England gave sterling a shot in the arm. The euro slipped to $1.3595 and 139.35 yen, pulling further away from highs of $1.3684 and 140.31.
NEW YORK, Feb 12- World stock markets edged up for a sixth straight session on Wednesday after upbeat trade data from China soothed worries about slower global growth, while the British pound rose to a two-week high against the dollar.
NEW YORK Feb 12- The British pound rose to a two-week high against the dollar on Wednesday after the Bank of England raised growth forecasts and hinted Britain may raise interest rates next year. "It's a sterling day," said David Gilmore, partner at FX Analytics in Essex, Connecticut.
*U.S. House passes debt limit, diminishes danger of default. NEW YORK, Feb 12- Prices climbed on global stock markets for a sixth straight session on Wednesday after upbeat trade data from China and a U.S. deal extending federal borrowing authority, while the British pound rose to a two-week high against the dollar.
LONDON, Feb 12- The British pound rose to a two-week high against the dollar on Wednesday after the Bank of England raised growth forecasts in its quarterly inflation report and hinted it may raise interest rates next year.
The dollar was steady ahead of Janet Yellen's testimony in Congress, while Norway's crown jetted almost 1 percent higher.
Jonathan Webb, head of FX strategy at Jefferies Bache, says that sterling is very much "a growth story" and advises being short euro/sterling but long sterling/Swiss franc.
Global currency markets trod water ahead of interest rate decisions in Britain and the euro zone on Thursday.
*Sterling falls after below forecast UK PMI services data. LONDON, Feb 5- The yen gained on Wednesday, advancing towards recent multi-month highs as stock markets struggled and confidence remained fragile in emerging markets, forcing investors to seek safe-haven currencies.
The yen gained on Wednesday, as struggles in stock markets and the emerging markets forced investors to seek safe-haven currencies.