NEW YORK, Oct 1- The dollar pulled back from six-year highs against the yen to trade little changed on Wednesday, weighed down by a drop in U.S. Investors also booked profits on long U.S. dollar positions ahead of key event risks- the European Central Bank's monetary policy meeting on Thursday and Friday's U.S. non-farm payrolls report.» Read More
TOKYO/ SYDNEY, Oct 1- The dollar struck a six-year high against the yen and was poised near a two-year peak against the euro, while gathering more bullish impetus on Wednesday as weaker than expected Australian retail sales data sparked selling on Australian dollar.
Eisuke Sakakibara, Former Vice Finance Minister of Japan from 1997-1999, explains why he think the yen will trade below 112 per dollar.
*Ibiden tumbles after cutting profit outlook. TOKYO, Oct 1- Japan's Nikkei share average was little changed in choppy trade on Wednesday, with a weak yen supporting sentiment despite mixed data from the Bank Of Japan's tankan survey. "The tankan survey gave the market a mixed message," said Hikaru Sato, a senior technical analyst at Daiwa Securities.
Izumi Devalier, Japan Economist at HSBC, says recent weakness in the Japanese currency helped business sentiment in the July-September period.
Expectations of Fed tightening may spur fears of a rerun of emerging market turmoil, but Societe Generale tips a strong dollar as a bigger risk.
*Hong Kong dollar falters after pro-democracy demonstrations. LONDON, Sept 29- The dollar rose to new multi-year highs against the yen, euro and a basket of currencies on Monday, a three-month-old rally showing no signs of dissipating before a week of important economic set pieces.
Hong Kong dollar falters in face of pro-democracy demonstrations. The greenback also rallied to a 13- month high against the New Zealand dollar after Reserve Bank of New Zealand data showed that the central bank intervened last month to speed its currency's descent.
*Hong Kong dollar falters in face of pro-democracy demonstrations. Asian market attention turned to Hong Kong, where democracy protesters defied volleys of tear gas and police baton-charges in the centre of the financial hub.
LONDON, Sept 26- The dollar was back on the front foot against the yen and several other major currencies on Friday, on track for an 11th straight weekly gain that extends its longest winning streak since its 1971 free float.
TOKYO, Sept 26- The dollar pared earlier losses and gained against the yen on Friday after Japan's welfare minister said reforms for the country's giant pension fund would continue as planned. The dollar had stumbled overnight as a sell off on Wall Street favoured the safe-haven yen.
*Japan retail investors shift toward chasing dollar higher. *Japan govt, companies no longer cheering yen's fall. TOKYO, Sept 26- Japan's legions of retail foreign-exchange traders, popularly known as Mrs Watanabe, are turning into sellers of yen.
NEW YORK, Sept 24- The dollar rose again on Wednesday, wiping out early gains in the yen against the greenback coming after Japanese Prime Minister Shinzo Abe voiced concern about the economic impact of the Japanese currency's fall to a six-year low.
Kyle Bass, Hayman Capital Management, says Japan is facing an economic crisis that could lead to two outcomes.
Larry Kantor, Barclays head of research, and Kyle Bass, Hayman Capital Management, discuss where they see the best opportunities in global markets.
LONDON, Sept 24- The yen rose on Wednesday after Japanese Prime Minister Shinzo Abe voiced concern about the economic impact of its fall to a six-year low, adding to the sense of a halt this week in the dollar's record-breaking run since July.
SINGAPORE/ TOKYO, Sept 24- The yen edged higher on Wednesday after Japanese Prime Minister Shinzo Abe reportedly voiced concern about the economic impact of the currency's recent weakness.
DOLLAR/YEN FALLS AFTER ABE REPORTEDLY SAYS WATCHING IMPACT OF YEN WEAKNESS.
TOKYO, Sept 22- The dollar hovered near six-year highs against the Japanese yen on Monday, underpinned by expectations the world's biggest economy will see the start of its rate-tightening cycle sooner-than-expected.
Japan's manufacturers have fallen behind their Asian peers in terms of technology hence exports are not benefiting from a softer yen, says Khiem Do, Head of Asian Multi-Asset at Baring Asset Management.
While the yen's sharp drop has driven the Nikkei to near seven-year highs, the quick decline is also spurring concerns over the economy.