The dollar rose against the euro on Friday, recovering from an early swoon after better-than-expected U.S. durable goods data for April eased investor concerns about the U.S. economy.» Read More
SYDNEY, May 8- Major currencies got off to a sleepy start in Asia on Wednesday following an uninspired session overnight, but the New Zealand dollar stood out after the central bank complained it was overvalued, prompting markets to briefly sell the kiwi.
The euro firmed across the board on Tuesday after data showing German industrial orders beat forecasts, but the prospect of further monetary easing could limit its gains.
WELLINGTON/ SYDNEY, May 7- The Australian dollars was under pressure on Tuesday as the market remained deeply divided on the chance of a cut in interest rates from the Reserve Bank of Australia later in the session. *The New Zealand dollar at $0.8510 from Monday's late local level of $0.8545. It traded $0.8486 to $0.8550 overnight.
The U.S. dollar rose for a third straight session against the yen on Monday and looked set to make another run at the 100 yen level on renewed optimism about the U.S. economy.
*Aussie caught between solid local, soft China data. WELLINGTON/ SYDNEY, May 6- The Australian dollar struggled on Monday even as quarterly retail sales rose at the fastest pace in six years, with markets still split down the middle on whether the Reserve Bank of Australia will cut interest rates this week.
WELLINGTON/ SYDNEY, May 6- The Australian dollar eased on Monday even as retail sales for the quarter showed a healthy reading, with markets still split down the middle on whether the Reserve Bank of Australia will cut rates this week. *The Aussie lower at $1.0278, from $1.0305 early, but still a touch above Friday's $1.0265 in late trade.
WELLINGTON/ SYDNEY, May 6- The Australian and New Zealand dollars got off to a firm start on Monday as investor sentiment was buoyed by upbeat U.S. jobs data bolstering demand for equities and assets leveraged to global growth. *The New Zealand dollar around $0.8515, from $0.8522 late locally on Friday. Resistance seen at $0.8550, and then $0.8587, the April 30 high.
The dollar surged more than 1 percent against the yen on Friday after strong U.S. April jobs data fueled optimism the U.S. economy may be more resilient than some had feared.
*Aussie at lowest since Oct 2009 vs NZD By Gyles Beckford and Cecile Lefort. WELLINGTON/ SYDNEY, May 3- The Australian dollar was bolstered by a weaker euro on Friday after the European Central Bank opened the door to more aggressive easing, but it still plumbed three-year lows against its kiwi cousin.
WELLINGTON/ SYDNEY, May 3- The Australian and New Zealand dollars were underpinned by a weaker euro on Friday after the European Central Bank opened the door to more aggressive easing, while better U.S. data also helped commodities rally.
The euro fell sharply against the dollar in choppy trading on Thursday after European Central Bank President Mario Draghi said the bank is ready for negative deposit rates.
WELLINGTON/ SYDNEY, May 2- The Australian and New Zealand dollars were sharply lower on Thursday as investor sentiment soured on stocks and commodities, while the Federal Reserve held policy steady saying only that it would adapt its bond buying as needed. *The New Zealand dollar was likewise knocked lower to $0.8490, from $0.8580.
The U.S. dollar pared its losses against the yen on Wednesday after the U.S. Federal Reserve said it will stick to its plan to buy $85 billion in bonds each month.
The dollar fell against the euro and yen Tuesday after a U.S. Midwest business barometer unexpectedly contracted in April, adding to worries about the economic recovery.
WELLINGTON/ SYDNEY, April 30- The Australian and New Zealand held gains on Tuesday as benign U.S. and European inflation data pushed down bond yields and added to pressure for more easing by major central banks. *The New Zealand dollar marks time at $0.8547 from Monday's late local $0.8529, having risen to a two-week high of $0.8575 overnight.
The euro rose against the dollar and yen on Monday after Italy finally formed a government, ending two months of political uncertainty.
The dollar fell against the yen on Friday, retreating from a four-year high after the Bank of Japan left policy unchanged and after data showed U.S. economic growth expanded.
*BOJ upgrades economic outlook; China lifts yuan. SYDNEY/ WELLINGTON, April 26- The New Zealand dollar hovered near all-time peaks against a trade weighted index on Friday, while the Aussie dollar firmed against its U.S. counterpart helped by a high yuan/USD fixing.
SYDNEY/ WELLINGTON, April 26- The New Zealand dollar held near all-time peaks on a trade weighted-basis on Friday while the Aussie dollar firmed against its U.S. counterpart, helped by stronger equities and a rally in commodity prices. *Immediate focus on the Bank of Japan' s policy meeting.
The dollar rose against the euro on Thursday as data indicating resilience in the U.S. labor market allayed concerns about the pace of the economic recovery.