The euro stayed well-bid on Tuesday, scaling a fresh five-year high on the yen and a six-week peak against the dollar as expectations for further stimulus from the European Central Bank continued to fade.» Read More
Stocks eased off their best levels but still kicked off the first day of the third quarter with a modest rally, boosted by a pair of better-than-expected economic reports.
NEW YORK, July 1- The dollar fell against most currencies, while the yen dropped to its lowest in nearly four weeks versus the greenback on Monday as better-than-expected economic data from Europe and Japan lifted risk sentiment and prompted investors to seek assets with higher returns.
U.S. stock index futures signaled a higher open on the first day of the third quarter.
The Dow and S&P 500 finished near session lows as investors were reluctant to jump in following a three-day rally, but major averages still capped the volatile quarter with gains.
U.S. stock index futures reversed their earlier gains to turn lower on the final trading day of the month and quarter, after major averages logged a three-day rally.
LONDON, June 28- The dollar rose against the yen on Friday and inched lower against the euro in choppy trade as investors squared positions on the last trading day of the quarter. The dollar index, which tracks its performance against a basket of major currencies, was up 0.1 percent at 82.990, not far from Thursday's 83.171, a peak last reached on June 3.
Stocks closed near their highs Thursday, rallying for a third-straight session, lifted by a string of upbeat economic reports and following several speeches from Federal Reserve policymakers suggesting the central bank has time before it starts reducing its bond-buying.
LONDON, June 27- The dollar rose against the yen on Thursday before U.S. weekly jobless claims data that could push it broadly higher if it comes in above forecasts. The dollar was up 0.4 percent at 98.10 yen, edging towards Monday's peak of 98.72 yen.
U.S. stock index futures held their gains Thursday following the weekly jobless claims report after markets in Shanghai and Tokyo snapped a three day-losing streak on signs of improvement in China's strained money markets.
Stocks held their gains Wednesday, extending their rally from the previous session, after the weaker-than-expected final read on first-quarter gross domestic product diminished worries that the Fed would rein in its stimulus measures in the immediate future.
U.S. stock index futures held their gains across the board Wednesday even after the final read on first-quarter gross domestic product came in weaker than expected.
*Yen benefits from continued fears of China credit crunch. TOKYO/ SYDNEY, June 26- The dollar turned down against the yen in Asia on Wednesday as investors warily watched China's stressed markets, but the greenback got support from U.S. economic data which backed the Federal Reserve's recovery view and bolstered U.S.
Stocks logged gains across the board Tuesday, erasing most of their losses from the previous day's selloff, as a batch of better-than-expected economic reports trumped worries over a credit crunch in China.
U.S. stock index futures held their gains Tuesday, following a pair of better-than-expected economic reports and after comments from China's central bank eased recent worries about a credit crunch in the world's second-largest economy.
Stocks closed in the red but well off their session lows Monday, as Treasury prices rose in choppy trading following comments from some Fed policymakers that downplayed worries over the end to the central bank's bond-buying program.
U.S. stock index futures were sharply lower Monday, after a sharp global selloff in the previous week, amid worries the Federal Reserve's stimulus measures may be winding down and a possible cash crunch in China.
Stocks finished mixed in choppy trading Friday, with major averages putting an end to two days of heavy losses triggered by Fed Chairman Ben Bernanke's comments that the central bank may scale back its asset purchases later this year.
U.S. stock index futures were higher Friday, as global shares bounced back after two-straight days of heavy market selloff.
Stocks took a sharp nosedive across the board Thursday, with the Dow posting its worst day of 2013, after Federal Reserve Chairman Ben Bernanke hinted the central bank may scale back its asset purchases later this year.
U.S. stock index futures were sharply lower Thursday after Federal Reserve Chairman Ben Bernanke hinted the central bank may scale back its asset purchases later this year and following a weaker-than-expected jobless claims report.