NEW YORK, Dec 6- The dollar rallied against the yen on Friday after stronger-than-expected U.S. jobs data raised chances the Federal Reserve may start paring its bond buying program sooner than expected. U.S. employers added 203,000 new jobs in November, exceeding expectations, and the jobless rate fell to a five-year low of 7.0 percent, the Labor Department said.» Read More
Andew Economos, Head of Sovereign & Institutional Strategy, Asia at JP Morgan Asset Management, stresses the importance of reforms and warns on consequences of yen weakness.
SYDNEY, Dec 5- The yen held off a five-year trough on the euro and a six-month low versus the dollar on Thursday following a whippy session overnight that lacked conviction as key event risks including U.S. jobs data loomed.
NEW YORK, Dec 4- The dollar reversed course and fell against the yen while surrendering gains against the euro on Wednesday as investors took a second look at U.S. data and decided it didn't support an early cutback of monetary stimulus.
NEW YORK, Dec 4- The dollar rose against the euro and the yen on Wednesday after a batch of data boosted expectations the Federal Reserve may start scaling back its massive stimulus program sooner than expected.
LONDON, Dec 4- The dollar rose against the yen and the euro on Wednesday as expectations grew that key economic data from the United States this week could increase pressure on the Federal Reserve to exit its bond-buying programme.
TOKYO/ SYDNEY, Dec 4- The dollar retreated against the yen and a basket of currencies in Asia on Wednesday as investors locked in profits ahead of major risk events including U.S. jobs data due later in the week.
*Credit Suisse further lifts overweight in Japanese stocks. TOKYO, Dec 4- Japan's Nikkei stock average pulled back on Wednesday from a six-year closing high set the previous day, with investors pocketing gains as the yen was squeezed higher ahead of the U.S.
SYDNEY, Dec 4- The yen was squeezed higher across the board early in Asia on Wednesday, enjoying a bit of a reprieve as investors locked in profits ahead of major risk events including U.S. jobs data due later in the week. The dollar retreated to 102.35 yen from a six-month peak of 103.38 yen, while the euro slipped to 139.11 yen from a five-year high of 140.03.
Garry Evans, Global Head of Equity Strategy at HSBC, explains why he's not positive on Japanese stocks, despite continues yen weakness.
NEW YORK, Dec 3- Fear that the Federal Reserve will scale back its stimulus as the U.S. economy recovers hit world stock markets on Tuesday, with European equities falling the most since August, while safe havens such as the yen and Treasuries rose. said Gordon Charlop, managing director at Rosenblatt Securities in New York.
NEW YORK, Dec 3- The yen rose against the dollar and the euro on Tuesday, rebounding from losses as falling stock markets worldwide prompted safe-haven demand for the Japanese currency. The dollar fell 0.4 percent to 102.54 yen after reaching 103.37 yen in Asian trading, according to Reuters data.
NEW YORK, Dec 3- The yen rose against the dollar and the euro on Tuesday, rebounding from losses as falling stock markets worldwide prompted safe-haven demand for the Japanese currency. The dollar fell 0.5 percent to 102.49 yen after reaching 103.37 yen in Asian trading, according to Reuters data.
LONDON, Dec 3- The yen recovered from early losses to trade higher against the dollar and euro on Tuesday, as investors took profits from a month-long rally and global equity markets declined, driving demand for the safe-haven currency. The dollar was down 0.3 percent against the yen at 102.65 yen after reaching 103.38 yen in Asian trading.
*Gold stabilises after 2.6 pct slide overnight on strong U.S. data. LONDON, Dec 3- World shares fell for a second day and gold was near a five-month low on Tuesday, as concern the U.S. will soon scale back its economic stimulus offset reports that Japan would ramp up its own stimulus.
LONDON, Dec 3- The yen fell against the dollar on Tuesday as strong U.S. data the previous day raised expectations the Federal Reserve could soon scale back its bond-buying while Japanese monetary policy looks set to stay loose for some time. The dollar rose 0.1 percent to 103.04 yen.
*Gold stabilises after 2.6 pct slide overnight on strong U.S. data. TOKYO, Dec 3- Asian shares hit the skids and the dollar stood tall on Tuesday as a batch of upbeat U.S. economic data confirmed the Federal Reserve's inexorable tilt towards reducing its stimulus soon, while the yen sank on talk of further central bank easing.
TOKYO/ SYDNEY, Dec 3- The yen wallowed near six-month lows against the dollar on Tuesday, and five-year lows against the euro and sterling due to prospects of the Bank of Japan taking more stimulus steps. The dollar hit 103.165 yen, inching closer to its May 22 peak of 103.74 yen and last stood at 103.10 yen, up 0.2 percent from late U.S. levels.
SEOUL, Dec 3- Hyundai Motor Co shares tumbled on Tuesday as the South Korean automaker's November sales came under pressure from Japanese rivals in China and the weaker yen, analysts said.
David Roche, Global Strategist at Independent Strategy, says Prime Minister Shinzo Abe has disappointed on market and supply-side reforms.
The U.S. Institute for Supply Management's index of national factory activity rose in November to its best showing since April 2011, while the pace of hiring also accelerated.