The dollar fell against a basket of currencies on Thursday after Federal Reserve chief Janet Yellen reiterated an accommodative monetary policy stance.» Read More
SYDNEY/ SINGAPORE, March 21- The dollar hovered near a three-week peak against a basket of major currencies on Friday, but could struggle to extend gains as investors awaited more clarity on the Federal Reserve's policy path.
Lu Ting, Greater China Economist at Bank of America Merrill Lynch, dismisses the possibility of the yuan falling to 6.4 against the greenback.
SYDNEY, March 21- The U.S. dollar hovered near a three-week peak against a basket of major currencies early on Friday, but could struggle to extend gains as investors awaited more clarity on the Federal Reserve's policy path.
NEW YORK, March 20- The dollar powered higher against other major currencies on Thursday after Federal Reserve Chair Janet Yellen surprised world markets by signalling that increases in U.S. interest rates were not as far away as most had thought.
The dollar steadied against major currencies on Thursday after being jerked higher overnight by a Federal Reserve message that a rate hike would be sooner than expected.
*China's yuan deepens slide, hits one-year low. LONDON, March 20- The dollar powered higher against its major currency peers on Thursday after a surprise message from Federal Reserve head Janet Yellen that rises in U.S. interest rates were not as far away as most had thought.
*Dollar strength helps push China's yuan to one-year low. LONDON, March 20- The dollar steadied against its major currency peers on Thursday after being jerked higher overnight by a surprise message from Federal Reserve head Janet Yellen that rises in U.S. interest rates are not as far away as most had thought.
TOKYO/ SYDNEY, March 20- The dollar traded near two-week highs against a basket of major currencies on Thursday, after comments from Federal Reserve head Janet Yellen prompted investors to bring forward their U.S. interest rate hike expectations.
Hamish Pepper, Forex Strategist, Asia Pacific at Barclays, says the Chinese central bank's move to moderate capital inflows will continue to engineer volatility for the yuan.
HONG KONG, March 20- The slide in the yuan to near one-year lows has left it at critical levels for holders of an offshore derivatives product, exposing them to heavy losses that may fuel a further slide in the currency. Deutsche Bank and Morgan Stanley estimate a total of $350 billion of the products have been sold since last year.
The dollar rose against the yen and euro on Wednesday, following the Federal Reserve's announcement it will further unwind monetary stimulus.
TOKYO, March 19- The dollar stood near its lowest level in more than four months against a basket of currencies on Wednesday, on some trepidation ahead of Janet Yellen's inaugural policy review as the Federal Reserve's chief.
A modest easing of tension in Ukraine and a slight increase in U.S. Treasury yields sent the euro on Tuesday against the U.S. dollar and the yen.
*Euro premium erodes as Ukraine tensions seen easing. *Yen benefits broadly, helped by Ukraine worries. NEW YORK, March 18- A modest easing of geopolitical tension in Ukraine and a slight increase in U.S.
CNBC's Rick Santelli takes a look at the latest yields in Treasurys, as the Japanese yen moves into positive territory
*Putin says Russia does not want further Ukraine split. LONDON, March 18- European shares rose on Tuesday and the safe-haven yen pared gains after President Vladimir Putin, while approving plans to make Crimea part of Russia, said his country did not want Ukraine to split further.
LONDON, March 18- The yuan deepened its month of losses against the dollar on Tuesday amid more signs China's problems with a slowing economy and heavily indebted corporate sector is becoming this year's big issue for markets.
LONDON, March 17- The euro held within sight of long-term highs against the dollar on Monday, resisting selling after a dip in euro zone inflation, the latest indicator to argue for outright money-printing by the European Central Bank to support growth.
LONDON, March 17- World stocks rose from a one-month low and the yen slipped on Monday as risky assets bounced, relieved that Sunday's referendum in Crimea passed without major violence but waiting to see whether Western powers will impose sanctions on Russia.
The euro fell against the dollar and pared its gains against the yen on Monday.