*Euro falls on profit-taking, political worries, Spain data. LONDON, Feb 4- The euro retreated from multi-month highs against the yen and dollar on Monday as speculators took profit on the common currency's rally and caution set in before the European Central Bank meets this week.
LONDON, Feb 4- The euro retreated from multi-month highs against the yen and dollar on Monday as speculators took profit on the common currency's rally, with the market cautious before a European Central Bank meeting on Thursday.
TOKYO/ SYDNEY, Feb 4- The yen steadied slightly off a 2 1/ 2- year low against the dollar on Monday as option-related buying prompted short-term players to refrain from testing the Japanese currency's downside for now.
SHANGHAI, Feb 4- The yuan traded at its weakest level in four weeks on Monday after the central bank lowered its guidance midpoint rate following an overnight rise in the dollar.
*Sony jumps, still undervalued- analyst. TOKYO, Feb 4- Japan's Nikkei share average climbed to a fresh 33- month peak on Monday morning as a softer yen led exporters higher, and hints of a recovery for troubled consumer electronics companies saw Panasonic Corp storm up 16.9 percent in heavy trade.
TOKYO/ SYDNEY, Feb 4- The listless yen bounced back a tad from a 2 1/ 2- year low against the dollar on Monday as option-related buying prompted short-term players to give up a further test of the yen downside for now.
TOKYO, Feb 4- Japan's Nikkei share average climbed to a fresh 33- month high in early Monday trade, with consumer electronics in the spotlight on the back of a recovery in the third quarter, and a softer yen keeping exporters ahead of the market.
TOKYO, Feb 4- Japan's Nikkei share average was expected to climb on Monday after robust data pointed to a U.S. economic recovery on track, lifting U.S. stocks to five-year highs and helping the dollar extend gains against the yen.
*Yen wallows at multi-year lows vs USD& EUR. *Euro still favoured among G3, but ECB event-risk looms. SYDNEY, Feb 4- The yen started the new week with a nagging problem, it remained the currency of choice to sell with the Bank of Japan seen under the most pressure among major central banks to ease policy aggressively.
TOKYO, Feb 3- Japan's Finance Minister Taro Aso on Sunday said it was not Tokyo's goal to weaken the yen and its policies were purely aimed at beating deflation, brushing off foreign concerns about currency wars ahead of a G20 meeting in Moscow.
TOKYO, Feb 3- Currency hedging cost Japanese companies such as Honda Motor Co the chance to fully cash in on a weak yen last quarter, raising the risk that investor expectations could outrun earnings. "The rally is completely driven by hopes rather than facts," said Soichiro Monji, chief strategist at Daiwa SB Investments.