NEW YORK, April 23- The U.S. dollar weakened against the euro and yen on Wednesday, undermined by a decline in U.S. equity prices and Treasury yields and finding little support from a slower-than-expected expansion in the U.S. manufacturing sector.» Read More
SYDNEY, April 9- The dollar languished at three-week lows against a basket of major currencies on Wednesday, having broken decisively lower as the yen squeezed higher and even the euro gained a tailwind. Traders said the moves were sparked in part by comments from the Bank of Japan on Tuesday that dismissed any need for additional stimulus.
Japan's sales tax hike is likely to dent economic growth, with some believing it may shock the country into a recession.
NEW YORK, April 8- The dollar and euro fell sharply against the yen on Tuesday as hopes for additional stimulus out of Japan faded, while bargain-hunting on Wall Street lifted stock prices after three days of losses.
NEW YORK, April 8- The dollar and euro fell sharply against the yen on Tuesday as hopes for additional stimulus out of Japan faded, while bargain- hunting on Wall Street lifted stock prices after three days of losses.
For the second time this week, policymakers from a major central bank dashed expectations for additional stimulus, with the governor of the Bank of Japan, Haruhiko Kuroda, saying Tuesday that there was no need for more monetary support to escape deflation.
NEW YORK, April 8- The yen strengthened on Tuesday as traders dialed back bets against it after the Bank of Japan held off on additional easing and Governor Haruhiko Kuroda offered little indication more stimulus was likely in the short term.
LONDON, April 8- The yen rose on Tuesday, as some investors trimmed bets against it after the Bank of Japan held off from additional easing and Governor Haruhiko Kuroda offered little indication that more stimulus was likely in the short term. The dollar fell 0.4 percent to a 10- day low of 102.615 yen while the euro shed 0.2 percent to 141.30 yen.
SINGAPORE, April 8- The dollar slipped against the yen on Tuesday, struggling to gain traction after the Bank of Japan held off from additional easing as expected, with focus turning to a news conference by BOJ Governor Haruhiko Kuroda. The dollar last fetched about 102.98 yen, down 0.1 percent on the day.
*Bank of Japan maintains monetary policy as expected. TOKYO, April 8- Asian stocks shrugged off their early losses and steadied on Tuesday, though Japanese shares slumped as the yen clung to its gains even after the Bank of Japan held policy steady. MSCI's broadest index of Asia-Pacific shares outside Japan added about 0.3 percent.
Gareth Berry, FX Strategist at UBS Investment Bank, outlines two trading strategies for currency pair after the Bank of Japan left its monetary policy unchanged on Tuesday.
*Bank of Japan likely to hold policy steady. TOKYO, April 8- Asian stocks slumped in early trading on Tuesday as Wall Street gloom cast a shadow over the session, while caution ahead of the Bank of Japan's meeting outcome limited gains of the safe-haven yen.
SYDNEY, April 8- The euro held onto gains early on Tuesday, having risen broadly after the European Central Bank again played down the need for any immediate policy action. The euro firmed to 141.72 yen, pulling away from Monday's trough of 141.12, and climbed to A $1.4828, recovering from a 4-1/ 2 month low of A $1.4689 plumbed recently.
LONDON, April 7- The dollar lost ground against the yen and dipped versus the euro on Monday as U.S. jobs data last week disappointed some who had bet on a number strong enough to break this year's tight trading ranges.
LONDON, April 7- The dollar lost more ground against the yen and dipped against the euro on Monday, jobs data on Friday disappointing those who had bet on a number strong enough to break this year's tight trading ranges.
*Nikkei tripped by higher yen, Wall St tech retreat. SYDNEY, April 7- Japanese shares were slugged on Monday by a one-two combination of a higher yen and a selloff in the tech sector, while the euro struggled with speculation of more policy easing at home.
TOKYO/ SYDNEY, April 7- The yen rose against its major counterparts in relatively thin trading in Asia on Monday, with moves limited by caution as the Bank of Japan began its two-day policy meeting.
*Nikkei drops on higher yen, Wall St tech retreat. SYDNEY, April 7- Japanese shares were slugged on Monday by a one-two combination of a higher yen and a selloff in the tech sector, while the euro struggled with speculation of more policy easing at home.
SYDNEY, April 7- Commodity currencies including the Australian dollar held onto solid gains early on Monday as the dollar and euro fell to the wayside and even lost ground to an otherwise soft yen.
Derek Halpenny, European head of global currency research at the Bank of Tokyo-Mitsubishi UFJ, says dollar/yen is an attractive trade as the euphoria around Abenomics has been unwound.
SYDNEY/ SINGAPORE, April 3- The euro inched lower versus the dollar on Thursday, staying on the defensive as the market turned cautious on expectations the European Central Bank may sound dovish following its policy review later in the day.