Dollar eases as risk appetite improves on China’s measures
By Joice Alves LONDON (Reuters) – The safe-haven dollar fell on Monday as risk sentiment improved on hopes China’s policy stimulus might stabilise the economy, while U.S. jobs data boosted bets the Federal Reserve could be at the end of its rate hike cycle. With U.S. markets closed on Monday, liquidity is likely…
Dollar gains on solid data, euro drops on cautious ECB comments
By Karen Brettell NEW YORK (Reuters) – The dollar gained on Thursday and was on track for a monthly increase of 1.69% against a basket of currencies as U.S. data showed a mixed picture of the American economy, while the euro was weighed down by cautious comments by a leading European Central Bank…
Dollar falls to two-week low as economic data softens
By Karen Brettell NEW YORK (Reuters) – The dollar dropped to a two-week low against the euro and a basket of currencies on Wednesday after data showed that U.S. private payrolls rose less than expected in August, adding to expectations that the Federal Reserve would stop raising interest rates. Softening data this week…
Dollar drops on jobs data, yen rises from 10-month low
By Karen Brettell NEW YORK (Reuters) – The U.S. dollar fell on Tuesday after data showed that U.S. job openings fell in July, as investors await more comprehensive labor market numbers in this week’s jobs report for August. The Japanese yen also gained, after earlier falling to a 10-month low. Job openings, a…
Dollar index dips, briefly hits 9-month high against yen
By Karen Brettell and Joice Alves NEW YORK (Reuters) – The dollar briefly hit a nine-month high against the Japanese yen on Monday and dipped against a basket of currencies, as investors waited on key data due later this week and kept an eye out for potential intervention to shore up the struggling…
Dollar rises ahead of Jackson Hole gathering
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar rose across the board on Thursday as investors awaited Fed Chair Jerome Powell’s speech on Friday at the Jackson Hole Economic Policy Symposium. Investors are looking forward to Powell’s address on monetary policy at 10:05 am ET on Friday for clues to the Fed’s…
Politics, Fed seen swaying Japan’s yen intervention thinking
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) -The Federal Reserve’s Jackson Hole symposium this week looms as a key risk for Japanese authorities worried that new hawkish signals from U.S. central bankers could trigger another sharp yen selloff that would force Tokyo to prop up the currency. The annual gathering of Fed…
Dollar takes a breather, yen close to 146/$
By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar eased from a two-month peak on Wednesday as investors looked to the Federal Reserve chair’s speech this week for cues on the path of monetary policy, while the yen loitered near 146 a dollar, keeping traders guessing on any intervention. The dollar index, which…
Dollar eases before Jackson Hole, yen rises amid intervention jitters
By Kevin Buckland TOKYO (Reuters) – The U.S. dollar eased back from a 10-week peak versus major peers on Tuesday, even as Treasury yields marched to fresh post-financial crisis highs, as traders awaited a potentially crucial speech from Federal Reserve Chair Jerome Powell later this week. The yen pulled away from a nine-month…
Dollar near two-month high, investors eye intervention-zone yen
By Hannah Lang WASHINGTON (Reuters) – The dollar index hovered near a two-month high on Thursday after Federal Reserve meeting minutes left the door open for more rate hikes and data this week indicated a resilient U.S. economy. Investors continue to closely watch the Japanese yen, which touched the key 145 level for…
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