The dollar fell against a basket of currencies on Thursday after Federal Reserve chief Janet Yellen reiterated an accommodative monetary policy stance.» Read More
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.
*Steady fourth-quarter U.S. growth supports dollar. NEW YORK, Jan 30- The dollar rose against a basket of currencies on Thursday after data showed the world's largest economy produced solid growth in the fourth quarter, reviving the appeal of the greenback even against the safe-haven yen and Swiss franc.
The dollar rose against a basket of currencies on Thursday after data showed the US economy produced solid growth in the fourth quarter.
"All these factors are supportive of the dollar," said Jonathan Lewis, founding principal of Samson Capital Advisors in New York. However, the recent flare-up in political and currency woes in Turkey, Argentina and South Africa has limited the dollar's upward move, with some traders preferring the yen and Swiss franc, analysts said.
Several analysts see an upside for Russia to the emerging market rout, seeing it as "easy money" for the government's coffers.
The yen rose against the dollar, suggesting emergency action to stabilize Turkey would not be enough to quell nerves over emerging markets.
*Fed seen reducing $10 bln in monthly bond purchases. NEW YORK, Jan 29- The dollar weakened against the yen and Swiss franc on Wednesday as traders reckoned emergency action taken to stall the fall of the Turkish currency would not be enough to calm jitters over global emerging markets ahead of an expected U.S.
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.
LONDON/ NEW YORK, Jan 28- A sell-off on emerging markets is likely to flush out many of the remaining carry trade investors who went there in search of higher returns, and this shift should boost more liquid currencies such as the dollar, yen and Swiss franc.
Safe-haven currencies like the yen and the Swiss franc were much in demand on Monday as an emerging markets sell-off continued.
NEW YORK, Jan 27- The dollar held steady against the yen and the Swiss franc on Monday, stabilizing against those safe-haven currencies after losses last week stemming from a selloff in emerging markets assets picked up pace.
LONDON, Jan 27- Safe-haven currencies such as the yen and the Swiss franc took a breather on Monday, with both falling against the dollar which benefited from expectations the Federal Reserve may reduce monetary stimulus this week. A rebound in two-year Treasury yields helped the dollar to 102.55 yen, up 0.2 percent on the day.
LONDON, Jan 27- Safe-haven currencies like the yen and the Swiss franc were much in demand on Monday as an emerging markets sell off continued, with the dollar benefiting from expectations the Federal Reserve could withdraw monetary stimulus this week.
The yen, Swiss franc and euro charged higher amid worries about a China slowdown and turmoil in some emerging markets.
*China, emerging market worries spark risk-asset sales.
LONDON, Jan 23- Three years after a surge attributed to fears the euro zone was about to implode, the Swiss franc is still riding high and the barriers for it returning to earth are enormous.
*China, EM worries spark selloff in risk assets. TOKYO, Jan 24- The yen, Swiss franc and euro held firm on Friday, having charged higher overnight as worries about a slowdown in China and turmoil in some emerging markets spurred demand for safe-haven currencies.
*China, EM worries spark selloff in risk assets, global stocks down. SYDNEY, Jan 24- The yen and Swiss franc held firm early on Friday, having charged higher overnight as worries about a slowdown in China and turmoil in some emerging markets spurred demand for the safe-haven currencies.
NEW YORK, Jan 23- The dollar dropped more than 1 percent against the euro and the Swiss franc on Thursday, hurt by robust euro-zone economic data and tougher bank capital requirements in Switzerland, which suggest a tightening of monetary conditions there. "U.S. data was upstaged by the economic reports coming out of Europe.