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Aussie Dollar Soars on Increased Risk Appetite |
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Wednesday, 01 September 2010 14:43 |
The Australian dollar rallied 2 percent against the U.S. dollar on Wednesday after upbeat economic data around the world lifted risk appetite.
The Aussie dollar rose as high as US$0.9096 , according to Reuters data. It was last up [AUD=X 0.9086 0.0166 (+1.86%) ]more than 2 percent around US$0.9091.
The U.S. manufacturing sector grew more quickly than expected in August, an industry report showed. Separate data showed China's manufacturing sector staged a moderate rebound in...
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Read more... [Aussie Dollar Soars on Increased Risk Appetite]
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Dollar Sheds Losses vs Yen After US Consumer Report |
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Tuesday, 31 August 2010 14:35 |
The dollar pared most of its losses against the yen Tuesday after data showed U.S. consumer confidence rose more than expected in August.
The dollar hit as high as 84.61 yen after the release, according to Reuters data, compared with 84.41 earlier. It was last around [JPY=X 84.45 -0.17 (-0.2%) ]84.51, down slightly.
Earlier Tuesday, the yen again touched a 15-year high versus the U.S dollar, as investors shrugged off the Bank of Japan's latest easing move, betting on yen...
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Read more... [Dollar Sheds Losses vs Yen After US Consumer Report]
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Dollar Slips vs Euro After Bernanke Speaks |
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Friday, 27 August 2010 16:28 |
The dollar slipped against the euro on Friday after Federal Reserve Chairman Ben Bernanke said the U.S. central bank is prepared to provide additional stimulus to boost the economy if necessary.
The euro [EUR=X 1.2765 0.0052 (+0.41%) ]was last slightly higher $1.2741 after touching a session low of $1.2681 right after the release of the remarks.
The dollar [JPY=X 85.13 0.67 (+0.79%) ]last traded higher against the Japanese currency, around 84.87 yen, from 84.65...
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Read more... [Dollar Slips vs Euro After Bernanke Speaks]
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Dollar Briefly Pares Gains vs Yen on Home Sales Slide |
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Wednesday, 25 August 2010 15:31 |
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The dollar briefly erased gains versus the Japanese yen on Wednesday after government data showed new U.S. single-family home sales fell in July to set their slowest pace on record.
The dollar touched a session low of 84.08 yen after the data, from 84.26 yen prior to the release. It later rebounded to trade last
[JPY=X 84.65  0.53 (+0.63%)  ]
around 84.41 yen, up about 0.3 percent on the day. read more |
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Dollar Extends Drop vs Yen; Euro Rises |
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Tuesday, 24 August 2010 15:05 |
The dollar extended declines versus the Japanese yen Tuesday after a report showed sales of previously owned U.S. homes dropped more steeply than expected in July.
Image Source | Getty Images
The dollar also lost ground against the euro, with the euro zone single currency erasing earlier losses versus the greenback after the report.
The dollar [JPY=X 83.97 -1.14 (-1.34%) ]was last down more than 1 percent against the yen, from 83.89 before the data. The euro [EUR=X ...
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Read more... [Dollar Extends Drop vs Yen; Euro Rises]
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Euro Slumps Broadly on Risk Aversion |
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Friday, 20 August 2010 18:25 |
The euro slumped broadly Friday due to risk aversion on concerns about the global economy and comments by a senior ECB official that raised expectations the central bank will keep monetary conditions loose for some time.
ECB Governing Council member Axel Weber told Bloomberg news agency that it would be "wise" to extend unlimited liquidity to banks past the end of 2010.
The comments added to investors' concerns about the strength of the global economy despite massive stimulus...
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Read more... [Euro Slumps Broadly on Risk Aversion]
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Dollar Down Against the Yen on Weekly Jobless Data |
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Thursday, 19 August 2010 14:12 |
The dollar fell against the yen Thursday after data showed new U.S. weekly jobless claims were higher than expected, adding to concerns about the strength of the U.S. economic recovery.
The yen was lower earlier in the global session, with investors reluctant to chase it higher because of jitters about whether Japanese authorities would take new steps to rein in the yen's rise.
But the dollar's gains were reversed after the U.S. Labor Department reported initial claims for state jobless...
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Read more... [Dollar Down Against the Yen on Weekly Jobless Data]
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