LONDON, May 21- The dollar rose against the yen on Tuesday after a Japanese minister clarified remarks about the yen's drop, but many awaited the Federal Reserve chief's testimony before adding to bets on a stronger U.S. currency. Chairman Ben Bernanke testifies to Congress on Wednesday and his words will be combed for clues on the timing.
TOKYO, May 21- The dollar edged up against the yen on Tuesday after a Japanese minister clarified earlier remarks about the yen's weakness that had toppled the greenback from a 4-1/ 2- year high against the Japanese currency on Monday.
*Japanese econ minister says he hopes FX market can find' balance'. TOKYO, May 21- The dollar edged up against the yen on Tuesday after Japan's economy minister clarified earlier remarks about the yen's weakness that had toppled the greenback from a 4-1/ 2- year high against the Japanese currency on Monday.
*Data due on Wednesday at 8:50 a.m. (Tuesday at 2350 GMT. TOKYO, May 21- Japan's exports are expected to have risen in April from a year earlier for a second straight month led by U.S.-bound shipments of cars and Asian demand for electronics parts in a sign a weak yen and global recovery are helping the export-reliant economy.
*Japanese econ minister says he hopes FX market can find' balance'. TOKYO, May 21- The dollar edged up against the yen on Tuesday after Japan's economy minister clarified earlier remarks about the yen's weakness that had toppled the greenback from a 4-1/ 2 year high in the previous session.
TOKYO, May 21- Japan's Nikkei share average is expected to pull back from a 5-1/ 2- year high on Tuesday as Wall Street ended flat and the dollar slipped against the yen on caution before U.S. Nikkei futures in Chicago closed at 15,320 on Monday, down 0.5 percent from the Osaka close.
TOKYO, May 21- Signs are that most firms in export-driven Japan Inc, having got the weaker yen they craved, now want the currency to either stabilise or recover ground, rather than continue a slide that will increasingly raise their costs.
NEW YORK, May 20- The dollar fell against the euro and yen on Monday as traders pared back expectations Federal Reserve Chairman Ben Bernanke would hint at tapering U.S. bond purchases this week.
NEW YORK, May 20- The U.S. dollar fell against the euro and yen on Monday as traders pared back expectations Federal Reserve Chairman Ben Bernanke would hint at tapering bond purchases this week.
Deals such as Yahoo's $1.1 billion bid for Tumblr indicate that companies continue to search for growth through acquisitions despite record high share prices, a bullish sign for stocks.
NEW YORK, May 20- The yen climbed back from a 4-1/ 2- year low against the dollar on Monday after Japan's economy minister suggested the currency might have weakened enough. The economy minister, Akira Amari, said the yen's excessive strength had largely corrected and further weakness could damage Japan's economy.
LONDON, May 20- The yen lifted off a 4-1/ 2- year low against the dollar on Monday after Japan's economy minister suggested the currency might have weakened enough, prompting some investors to pare bets against it. Last Friday, the dollar reached a high of 103.32 yen, while the euro hovered near a 3-1/ 2- year peak of 132.78 yen.
LONDON, May 20- The yen rose from a 4-1/ 2- year low against the dollar on Monday after Japan's economy minister suggested the country's currency might have weakened enough, leading some investors to cut hefty bets against it.
LONDON, May 20- Rising optimism about global growth pushed world shares to a near five-year high on Monday, while comments from Japan's economy minister that consumers could suffer if the yen falls further lifted it off a 4-1/ 2 low. MSCI's world index is at its highest since June 2008 as top European shares started the week up 0.2 percent.