Australia, NZ dollars take stock after scoring fresh highs

By Wayne Cole and Charlotte Greenfield SYDNEY/WELLINGTON, Jan 12 : The Australian and New Zealand dollars both hit four-month highs on Friday as their U.S. counterpart came under broad based pressure, though trade figures from China proved too mixed to provide any further impetus. The Aussie dollar broke above 79 cents for the first time […]

Dollar slumps, euro lifted by hawkish ECB minutes

By Lisa Twaronite TOKYO, Jan 12 : The dollar slumped against rivals on Friday on the back of weak factory inflation data, while the euro enjoyed solid support after the European Central Bank hinted that it could be gearing up to trim its massive monetary stimulus. The dollar index, which tracks the greenback against a […]

Dollar bruised by worries over China’s stance on US bonds

By Masayuki Kitano SINGAPORE, Jan 11 : The dollar nursed its losses against the yen on Thursday, having suffered its biggest one-day drop in nearly eight months following a report that China was ready to slow or halt its purchases of U.S. Treasuries. Officials reviewing China’s foreign-exchange holdings have recommended slowing or halting purchases of […]

Dollar bolstered by higher U.S. Treasury yields

By Lisa Twaronite TOKYO, Jan 10 : The dollar edged up in early Asian trade on Wednesday, bolstered by higher U.S. Treasury yields but still constrained against the yen after the Bank of Japan’s move to trim its purchases of Japanese government bonds triggered tapering fears. The dollar index, which tracks the greenback against a […]

Euro rally loses steam, dollar firms slightly vs yen

By Hideyuki Sano TOKYO, Jan 9 : The euro languished on Tuesday after slipping from last week’s high as investors were cautious after a months-long rally, while the dollar firmed against the yen though a lack of catalysts tempered its momentum. The euro traded at $1.1968, having slipped 0.5 percent on Monday, its largest daily […]

Euro cements gains as policy surprise hopes grow

By Saikat Chatterjee LONDON, Jan 5 : The euro consolidated gains below a four-month high on Friday on some expectations that European policymakers may have to start withdrawing stimulus policies earlier than previously forecasted against the backdrop of a strengthening economy. With the U.S. dollar failing to draw any strength from this week’s manufacturing and […]