NEW YORK, March 14- Growing tension between the West and Russia ahead of Ukraine's weekend referendum in Crimea pushed down stocks on major world markets on Friday and drove up buying of safe-haven gold and the yen.» Read More
LONDON, March 11- The yen edged up on Tuesday after the Bank of Japan stood pat on monetary policy and its chief, Haruhiko Kuroda, said there was no need to adjust monetary policy for now. The dollar was slightly lower at 103.20 yen, trading at the bottom of the 103.19- 103.43 yen range.
Jeremy Stretch, head of FX strategy at CIBC, says the so-called "third arrow" of Japan's Abenomics has not yet been enacted and more structural reforms are needed.
*Euro shows resilience even as Ukraine tensions continue. TOKYO, March 11- The yen remained trapped in narrow ranges in Asian trade on Tuesday after the Bank of Japan stood pat and gave no indication that further easing steps were in the cards yet.
*Euro shows resilience even as Ukraine tensions continue. TOKYO, March 11- The yen wobbled in a narrow range in early Asian trade on Tuesday as investors awaited the latest policy decision from the Bank of Japan later in the session.
Michael Yoshikami, founder and CEO of Destination Wealth Management, says Abenomics is Japan's "only hope" to pull the economy out of its "deflationary slide".
*China data trumps impact of U.S. jobs data-strategist. *Aussie under pressure after China data, particularly against yen. TOKYO/ SYDNEY, March 10- The yen gained on Monday as weak China data fuelled worries about an economic slowdown, while downbeat Japanese figures underscored the drawbacks of a weaker currency.
Markets may be looking to Japan's central bank to goose the economy, but easing may have reached its limits, with the next phase in corporate hands.
SYDNEY, March 10- The yen rose across the board early on Monday as investors gave riskier currencies, such as the Australian dollar, a wide berth after China data fuelled worries about a slowdown in the world's second-biggest economy. It dropped to $0.9030 from $0.9065 late in New York on Friday and fell as much as 0.7 percent to 92.92 yen.
*Dollar firm versus yen, Ukraine wariness seen capping gains. TOKYO, March 7- The euro hovered near a two-month high against the dollar early on Friday following a relief rally when the European Central Bank left its interest rates unchanged. The euro stood at $1.3860, within a stone's throw of a two-month peak of $1.3873 hit on Thursday just after the ECB decision.
The European Central Bank left interest rates unchanged on Thursday and ECB President Mario Draghi told a news conference that economic conditions in the region did not require shifts in monetary policy, including some that may have driven currency trading away from the euro.
NEW YORK, March 6- The euro jumped against the dollar on Thursday to its highest since December and to a peak against the yen not seen since Jan. 23 after the European Central Bank signalled no need for new economic stimulus.
*Yen extends broad slide, focus shifts to data. *Euro lower against the dollar ahead of ECB meeting. NEW YORK, March 5- The dollar edged higher against the euro and yen on Wednesday, shrugging off softer-than-expected U.S. private-sector payrolls and services sector reports affected by severe winter conditions.
*Yen extends broad slide, focus shifts to data. NEW YORK, March 5- The dollar rallied on Wednesday, shrugging off a softer-than-expected U.S. private-sector payrolls report for February that may have been affected by severe winter conditions.
LONDON, March 5- The safe-haven yen extended its losses against the dollar and euro on Wednesday as concerns over the standoff between Russia and Ukraine eased somewhat, allowing investors to focus on a slew of forthcoming data.
TOKYO, March 5- Asian stocks gained and the safe-haven yen remained on the defensive after a sharp tumble on Wednesday, following remarks from Russian President Vladimir Putin that allayed fears of an imminent military conflict in Ukraine.
*Putin says would use force in Ukraine only as last resort. SYDNEY/ SINGAPORE, March 5- The yen held steady versus the dollar on Wednesday, nursing heavy losses from the previous day as safety demand faded after Russian President Vladimir Putin played down the prospect of a war in Ukraine.
TOKYO, March 5- Asian stocks jumped and the safe-haven yen licked its wounds after a sharp tumble on Wednesday, following remarks from Russian President Vladimir Putin that allayed fears of an imminent military conflict in Ukraine, and revived investor risk appetite.
*Putin says he would use force in Ukraine only as a last resort. SYDNEY, March 5- The yen nursed heavy losses early on Wednesday, having suffered a vicious turnaround as safety demand faded after Russian President Vladimir Putin played down the prospect of a war in Ukraine.
*Putin pulls back troops near border with Ukraine. NEW YORK, March 4- The yen and Swiss franc fell on Tuesday while the rouble rebounded, as signs Russia may be seeking to avoid further military involvement in Ukraine diminished bids for safe-haven currencies.
NEW YORK/ LONDON, March 4- The yen fell against the dollar and the euro while the ruble rebounded on Tuesday after signs that Russia may be seeking to avoid further escalation of its military involvement in Ukraine pared bids for safe-haven currencies.