The dollar hovered at 14-month highs, underpinned by upbeat U.S. data and further supported by a sell-off in the yen and sterling.» Read More
The report boded well for Thursday's U.S. nonfarm payrolls report, and provided a boost to the dollar.
A UK factory survey adds to evidence that Britain's consumer-led recovery is becoming more balanced and sustainable.
The euro held near a six-week high against the dollar on Tuesday, threatening a break past $1.37.
The dollar looked set for a second week of losses on Friday, after a string of poor U.S. economic data that gave investors no reason to expect higher interest rates soon.
*New Zealand dollar at three-year high, near post-float peak. LONDON, June 27- The dollar looked set for a second week of losses on Friday, after poor U.S. economic data left investors with no reason to expect interest rates will rise anytime soon. The New Zealand dollar hovered at its highest in nearly three years.
*New Zealand dollar hits three-year highs, eyes post-float peak. LONDON, June 27- The dollar looked set for a second week of losses on Friday, reduced to more than one-month low against the yen after a string of poor U.S. economic data that gave investors no reason to expect higher interest rates soon.
*New Zealand dollar hits three-year highs, eyes post-float peak. TOKYO/ SYDNEY, June 27- The dollar was poised to end the week with a whimper, dropping to a more than one-month low against the yen on Friday after downbeat U.S. spending data gave investors no reason to hope for higher U.S. rates anytime soon.
Sterling rallied on Thursday after new measures to cool the UK housing market failed to dampen rate rise expectations.
The pound saw losses after comments from the BoE cooled expectations for an interest rate hike, while its G3 counterparts drifted in well-worn ranges.
The British pound fell after the Bank of England did little to bolster rate hike expectations.
SYDNEY/ TOKYO, June 24- The dollar-bloc currencies held onto gains on Tuesday, having outperformed their G3 peers on optimism about Chinese growth. The Canadian dollar traded at C $1.0725, not far from a 5-1/ 2 month peak of C $1.0717 per U.S. dollar.
*Japan to announce more' Third Arrow' policies. SYDNEY, June 24- The dollar-bloc currencies held onto gains early on Tuesday, having outperformed their G3 peers on optimism about Chinese growth and as the market prepared for Japan to deliver its latest instalment of long-term economic policies.
The Australian and New Zealand dollars both jumped on Monday, after a promising China manufacturing survey.
The dollar reversed some of its losses in a quiet session overnight after upbeat U.S. data helped temper the Federal Reserve's dovish outlook.
The dollar sank to its weakest level in three weeks on Thursday after a cautious message from the Federal Reserve.
Currency experts have warned that there will be winners and losers in the foreign exchange markets on the back of the spike in oil.
*New Zealand dollar hits trade-weighted record high. LONDON, June 19- A U-turn on interest rate policy in Norway drove a wipeout for its currency on Thursday, colouring a session marked mainly by disappointment over the Federal Reserve's failure to propel the dollar higher.
*New Zealand dollar hits trade-weighted record high. The euro traded at its highest level in 10 days against the dollar while sterling inched up to a new 5- year high of $1.7018 and the New Zealand dollar soared to a record high.
TOKYO/ SYDNEY, June 19- The U.S. dollar wallowed at its lowest in nearly two weeks against a basket of major currencies on Thursday, in the wake of the Federal Reserve's cue that U.S. interest rates will stay low for a while. The New Zealand dollar soared to a record high against a basket of currencies after the Fed's dovish stance.
Currency analysts to believe an interesting trading opportunity could develop over the coming months.