The yen heads for its biggest weekly gain in more than a month against the dollar, on tensions in Ukraine and the Chinese economy.» Read More
The yen gained on Wednesday, as struggles in stock markets and the emerging markets forced investors to seek safe-haven currencies.
The Australian dollar surged almost two percent on Tuesday after moves from the country's central bank dropped.
Kathy Lien, Managing Director of FX Strategy at BK Asset Management, says investors should take advantage of the recent selloff in the New Zealand dollar.
The euro was soft on Monday as investors thought it more likely the European Central Bank would have to ease policy to combat slowing inflation.
The euro fell as soft euro zone inflation data rekindled concerns the ECB may have to act to combat deflation, while the dollar gained.
The dollar rose against a basket of currencies on Thursday after data showed the US economy produced solid growth in the fourth quarter.
Several analysts see an upside for Russia to the emerging market rout, seeing it as "easy money" for the government's coffers.
SYDNEY/ SINGAPORE, Jan 30- The yen held firm versus the dollar on Thursday, clinging to gains made the previous session when investors ploughed back into the Japanese currency as safe-haven demand returned. The New Zealand dollar fell, coming in the cross hairs of sellers after New Zealand's central bank left interest rates steady.
*Final report on China's manufacturing sector next up. SYDNEY, Jan 30- Investors ploughed back into the yen early on Thursday as safe-haven demand returned with a vengeance, while the New Zealand dollar came in the cross hair of sellers after the central bank left interest rates steady.
The yen rose against the dollar, suggesting emergency action to stabilize Turkey would not be enough to quell nerves over emerging markets.
CNBC's Asia Squawk Box team discuss whether an interest rate hike is on the cards for the Reserve Bank of New Zealand (RBNZ) on Thursday.
The dollar regained a firmer footing against the yen on Tuesday as investors took a breather from a sell-off of stocks and emerging market assets.
In view of the emerging market rout, Robert Rennie, Global Head of FX Strategy at Westpac Bank, says the New Zealand central bank should hold off on tightening measures until March.
Safe-haven currencies like the yen and the Swiss franc were much in demand on Monday as an emerging markets sell-off continued.
The yen, Swiss franc and euro charged higher amid worries about a China slowdown and turmoil in some emerging markets.
Sterling rose to an almost three-year high against the dollar on growing expectations that the BoE will raise interest rates sooner.
The dollar slipped on Wednesday, hurt by gains in sterling and the Australian currency.
The dollar rose versus the yen on Tuesday, helped by renewed talk that the U.S. Federal Reserve may announce a further taper next week.
SYDNEY, Jan 21- Asian markets got off to a subdued start on Tuesday amid a dearth of major data, with the only action being a spike in the New Zealand dollar on talk interest rates could rise there as early as next week. That left MSCI's broadest index of Asia-Pacific shares outside Japan down a bare 0.07 percent, while Australia's main index eased 0.3 percent.
*BOJ kicks off two-day policy meeting, no key data in Asia. SYDNEY, Jan 21- The New Zealand dollar shot out of the starting block early on Tuesday after inflation data strengthened the case for higher interest rates at home, leaving behind many of its major peers that are still struggling for inspiration.