LONDON, July 22- The Australian dollar rose on Tuesday, the main mover on developed world currency markets, after the country's central bank chief said he was happy with current interest rate levels and made no attempt to talk down the currency.» Read More
NEW YORK, July 11- Major global equities markets steadied and the yen stabilized against the U.S. dollar on Friday as worries about Portugal's biggest bank eased.
NEW YORK, July 11- The Japanese yen was stable against the U.S. dollar, after jumping on Thursday as Portugal's largest bank sought to reassure investors about its financial stability. Banco Espirito Santo said on Thursday night that loan losses to the troubled empire of its founding family would not put the bank at risk of running short of capital.
LONDON, July 11- Major currency markets were steady in Europe on Friday, having ridden out a day of ructions on European stock markets with only minimal moves on the euro and yen.
Beat Siegenthaler, FX strategist at UBS Investment Bank, discusses the currency trading opportunities amid market jitters across the globe.
Robert Rennie, Global Head of FX Strategy at Westpac Bank, explains why jitters from Portugal is unlikely to weigh on currencies like the euro for long.
SYDNEY/ TOKYO, July 11- The yen was poised to end the week higher on Friday, having jumped to a five-month peak against the euro overnight as banking woes in Portugal drove global equities lower and lifted demand for the safe-haven currency.
Khoon Goh, Senior FX Strategist at ANZ, expects the Japanese yen to weaken against the U.S. dollar soon if the problems in Portugal's banking sector don't escalate.
SYDNEY, July 11- The yen was poised to end the week higher on Friday, having lunged forward overnight as a fall in global equities lifted demand for the safe-haven currency. Fears over financial troubles at the family-owned holding companies behind Portugal's largest listed bank unsettled European markets on Thursday.
Investors poured funds into Japan stocks last year on hopes of more Bank of Japan easing, but it looks like next week's meeting will disappoint again.
NEW YORK, July 10- The yen hit a five-month high against the euro and an almost two-month high against the dollar on Thursday after concerns about Portugal's largest listed bank and weak Italian economic data hit European shares.
NEW YORK, July 10- U.S. stocks fell on Thursday, joining a European sell-off driven by troubles at Portugal's biggest listed bank, while prices of U.S. government debt rose and the Japanese yen climbed to a five-month high against the euro. Wall Street seemed to ignore government jobless claims data that suggested the U.S. labor market was perking up.
NEW YORK, July 10- The yen hit a five-month high against the euro and an almost two month high against the dollar on Thursday, after concerns about Portugal's largest listed bank and weak Italian economic data hit European shares.
US DOLLAR FALLS AGAINST JAPANESE YEN TO 101.20 YEN, LOWEST SINCE MAY 21.
LONDON, July 10- The yen rose to a three-week high against the euro on Thursday as investors sought safety following weak Italian economic data and concerns about Portugal's largest listed bank that hit European shares. The euro dropped 0.5 percent to 137.84 yen, its lowest since June 16.
NEW YORK, July 9- The U.S. dollar weakened against the euro and the yen on Wednesday after the Federal Reserve's June meeting minutes kept a dovish tone in a statement that was devoid of any large surprises. "A lot of what was said in the FOMC minutes we already knew, and we knew quite well," said John Kicklighter, senior currency strategist at DailyFX in New York.
US DOLLAR WEAKENS AGAINST EURO TO $1.3630, FALLS AGAINST YEN TO 101.64 YEN.
US DOLLAR REVERSES EARLIER GAINS AGAINST EURO AND YEN TO TRADE LITTLE CHANGED AFTER FED MINUTES.
US DOLLAR GAINS AGAINST EURO AND YEN AFTER FED MINUTES.
NEW YORK, July 8- The U.S. dollar fell against the Japanese yen on Tuesday as yields on long-dated Treasuries dropped for a second day, with investors wary of stocks heading into the U.S. corporate earnings season.
NEW YORK, July 8- The U.S. dollar fell against the Japanese yen on Tuesday as long-dated Treasuries yields dropped for a second day, with investors wary about stocks heading into the U.S. corporate earnings season.