The dollar edged up against the yen on Friday on light bargain hunting, with markets slowly getting into gear after the Christmas holiday.» Read More
The U.S. dollar demonstrated broad-based strength on Wednesday, bolstered by more upbeat comments on the U.S. economy
The dollar rebounded on Tuesday, supported by a retreat in oil prices that has helped to lift it against commodity-linked currencies.
SYDNEY, Dec 2- The U.S. dollar nursed modest losses early on Tuesday, having come under pressure as currencies such as the Canadian dollar staged a dramatic reversal thanks to a broad rebound in commodity prices. Benchmark Brent crude, for example, jumped to $72.95 from a five-year low of $67.53 in a brutal squeeze of bearish positions. The Aussie shot back above 85...
The dollar fell on Monday against the yen and euro as profit-taking emerged after it reached a seven-year high against the yen.
The dollar gained on Friday as concerns about continuing low oil prices added to deflation fears in the euro zone and Japan.
Recent evidence shows a divergence between the correlation of crude oil prices and the Canadian dollar, says Derek Halpenny, European head of global currency research at Bank of Tokyo-Mitsubishi UFJ Ltd.
*OPEC decides against cutting output despite oversupply. SYDNEY, Nov 28- The U.S. dollar held firm early on Friday, having made notable gains versus the Canadian dollar and Norwegian crown in an otherwise lackluster market because of a holiday in the United States. Investors took aim at currencies of oil-rich countries after OPEC decided against cutting output...
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.
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.
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 Japanese yen left many currency experts wrong-footed on Monday with a seemingly unstoppable depreciation coming to an abrupt halt.
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.