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  1. #1
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    American Dollar

    The dollar fell to the lowest versus the euro since November 2011 as a strengthening U.S. jobs market and expectations the Federal Reserve will sustain stimulus to ensure the recovery boosted investors’ risk appetite.

    The shared currency rose against most major peers as separate data showed European manufacturing at its highest level in almost a year. The yen sank to a 2 1/2-year low amid bets Japanese Prime Minister Shinzo Abe will pick a new central-bank governor who will boost stimulus.


    source_http://www.bloomberg.com/news/2013-02-01/dollar-weakens-as-increase-in-u-s-payrolls-boosts-risk-appetite.html

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  2. #121
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    The dollar gained to the highest level in more than a week against the yen as investors bet the Federal Reserve will press on with a reduction in stimulus before Chairman Janet Yellen speaks to U.S. lawmakers tomorrow.

    The Bloomberg Dollar Spot Index halted a five-day slide, even after a Feb. 7 report indicated employment growth last month in the world’s biggest economy was less than analysts expected. The yen weakened against most major peers as Japan’s finance ministry said the nation’s current-account deficit widened to a record in December. The euro snapped an advance from last week before data today that may show factory production in France declined. Australia’s dollar fell.

    “Yellen’s testimony will reinforce that they’re comfortable with this steady tapering course,” said Stan Shamu, a market strategist in Melbourne at IG Ltd. “That will probably see the U.S. dollar gain some ground against the majors.”

    source_http://www.bloomberg.com/news/2014-02-09/dollar-touches-week-high-amid-taper-bets-before-yellen-testimony.html

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  3. #122
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    The dollar held declines against most of its major counterparts before a report tomorrow forecast to show U.S. retail sales stalled last month. Australia’s currency rose to a four-week high after China trade surged.

    The Bloomberg Dollar Spot Index was near the lowest in almost a month after Federal Reserve Chairman Janet Yellen said yesterday the recovery in the U.S. labor market is “far from complete.” Australia and New Zealand’s currencies advanced after Chinese imports and exports (CNFREXPY) beat median forecasts by surging at least 10 percent, bolstering the outlook for the South Pacific nations’ biggest trading partner.

    “Chinese imports coming in much better than expected is positive for both the Aussie and kiwi dollars,” said Desmond Chua, an analyst at CMC Markets in Singapore. “There’s underlying strength in the dollar over the long term, though it may weaken against risk currencies in the short term.”

    The Bloomberg Dollar Spot Index, which monitors the greenback against 10 major counterparts, was little changed at 1,022.95 as of 2:59 p.m. in Tokyo, after touching 1,021.99 yesterday, the lowest since Jan. 13.

    The dollar traded at $1.3634 per euro from $1.3638, after reaching $1.3683 yesterday, the lowest since Jan. 29. It lost 0.1 percent to 102.52 yen. Japan’s currency rose 0.1 percent to 139.80 per euro.

    source_http://www.bloomberg.com/news/2014-02-11/dollar-holds-decline-versus-major-peers-before-u-s-retail-sales.html

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  4. #123
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    The dollar fell against most of its major counterparts as traders weighed whether weaker U.S. economic data will spur the Federal Reserve to consider a slower pace in tapering stimulus.

    The British pound reached the highest since November 2009 after a report showed U.K. house prices rose the most since October 2012. The yen gained after Japan’s economic growth unexpectedly slowed. The Australian dollar touched a one-month high following data that showed record new credit last month in China, the South Pacific nation’s biggest trading partner. The Fed on Feb. 19 releases minutes of its most recent meeting.

    “There’s a feeling in the market that the Fed might slow the pace of tapering, or even pause,” amid worsening U.S. economic data, said Toshiya Yamauchi, a senior analyst in Tokyo at Ueda Harlow Ltd., which provides margin-trading services. “Dollar weakness is set to continue.”

    The dollar dropped 0.3 percent to $1.6792 per pound as of 6:55 a.m. in London from Feb. 14, after reaching $1.6823. It fell 0.2 percent to 101.60 yen, and declined 0.2 percent to $1.3716 per euro. The yen was little changed at 139.35 against the single currency.

    The Bloomberg Dollar Spot Index, which tracks the U.S. currency against 10 major peers, fell 0.1 percent to 1,016.19, after reaching 1,015.57, the lowest level since Dec. 18.

    source_http://www.bloomberg.com/news/2014-02-16/dollar-holds-loss-as-traders-weigh-fed-taper-pace-aussie-rises.html

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  5. #124
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    The dollar was near a two-week high against a basket of its major peers before Federal Reserve Chair Janet Yellen speaks today amid prospects the central bank will continue to scale down its bond purchases.

    Australia’s currency dropped after business investment fell the most in four years. The greenback held its biggest jump this month against the euro before data on joblessness and durable goods that are expected to add to signs the U.S. economy will weather stimulus reductions after a report yesterday showed new-home sales unexpectedly increased.

    “The dollar may advance further if upcoming data turn out to be strong,” said Yasuhiro Kaizaki, the New York-based vice president for global markets at Sumitomo Mitsui Trust Bank Ltd. “The market will listen closely to whether Yellen mentions the recent weakness in economic data.”

    The Bloomberg Dollar Spot Index, which tracks the greenback against 10 major currencies, was little changed at 1,022.29 as of 6:47 a.m. in Tokyo after reaching 1,023.59 yesterday, the highest since Feb. 13. It has dropped 0.9 percent in February, poised for the biggest monthly slide since September.

    source_http://www.bloomberg.com/news/2014-02-26/dollar-holds-gain-before-yellen-speaks-amid-fed-tapering-outlook.html

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  6. #125
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    Commonwealth Bank of Australia raised $3.5 billion in the world’s biggest bond market after the cost of switching funds from dollars dropped to a two-year low.

    CBA sold the three-year and five-year bonds after a two-month period in which dollar debt issuance by Australia’s four largest banks and their units fell 59 percent from a year earlier. The five-year basis swap, the cost of shifting greenbacks into Aussie, slid to 21.3 basis points Feb. 26, the lowest since January 2012. The cost of such exchanges was also affected as sales of Kangaroo bonds, Aussie debt issued by foreigners, had the busiest start to a year since 2011.

    “As the costs come down for the banks, offshore issuance by them may pick up,” said Ken Crompton, a fixed-income relative value analyst at Deutsche Bank AG in Sydney. “Kangaroo bond sales are a key factor, so when you get a lot of issuance there that will help push the basis down.”

    Australian lenders are selling fewer bonds and depending more on deposits for funding as credit growth stagnates and a mining investment boom wanes. Average bank bond credit spreads in the U.S. have narrowed 43 basis points to 112 basis points over the past year, while an equivalent Australian measure has compressed by 21, Bank of America Merrill Lynch indexes show.

    source_http://www.bloomberg.com/news/2014-03-05/u-s-attracts-cba-as-australia-swaps-cheapest-since-2012.html

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  7. #126
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    The dollar was set for its biggest weekly gain in three months versus the yen before the release of U.S. payrolls data, with Federal Reserve officials reiterating the threshold for changing its stimulus tapering is high.

    The U.S. currency yesterday touched its strongest versus the yen since January as reports showed fewer Americans filed claims for jobless benefits. The euro headed for a fifth weekly gain as European Central Bank President Mario Draghi damped speculation of further monetary easing. Australia’s dollar held near its highest in almost three months as central bank Governor Glenn Stevens said he doesn’t see a need to cut interest rates.

    “There’s a bit more optimism about payrolls after the drop in jobless claims,” said Yuki Sakasai, a currency strategist in New York at Barclays Plc. “Whether dollar-yen continues this week’s climb will depend on the extent of the surprise in the data. With the weather providing an excuse for a bad result, markets are more likely to react to a positive number.”

    The dollar was little changed at 102.97 yen as of 2:35 p.m. in Tokyo, from 103.07 yen yesterday, and has climbed 1.2 percent this week, the biggest advance since the period ended Nov. 29. It traded at $1.3858 per euro from $1.3861, set for a 0.4 percent decline since Feb. 28. The shared currency fetched 142.70 yen from 142.86 and was headed for a 1.6 percent weekly gain, the biggest since the five days to Dec. 27.
    U.S. Jobs

    The U.S. probably added 149,000 jobs in February, after a 113,000 increase a month earlier, according to the median estimate in a Bloomberg News survey of economists taken before the Labor Department report today. Payroll gains averaged almost 200,000 a month in 2013.

    Jobless claims fell by 26,000 to 323,000 in the week ended March 1, the least since the end of November and fewer than the lowest forecast in a Bloomberg poll, data showed yesterday.

    source_www.bloomberg.com/news/2014-03-06/dollar-yen-set-for-weekly-gain-as-dudley-backs-taper-before-jobs.html

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  8. #127
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    New York financial regulators said they will immediately begin accepting applications to operate exchanges for Bitcoin and other digital currencies to help speed the development of rules for that market.

    Benjamin Lawsky, the superintendent of financial services, announced the move in a statement today, saying his office will propose a set of rules for virtual-currency firms by the end of the second quarter.

    The collapse of Mt. Gox, a Tokyo-based exchange for Bitcoin, the most popular digital currency, shows the need for “robust standards for consumer protection, cyber security and anti-money laundering compliance,” he said. “We will continue to proceed swiftly and thoughtfully to provide rules of the road for reputable virtual currency firms seeking to conduct business on-shore in a responsible manner.”

    source_http://www.bloomberg.com/news/2014-03-11/new-york-to-accept-bitcoin-exchange-proposals-to-speed-new-rules.html

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  9. #128
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    The dollar held a gain from yesterday versus the yen before the Federal Reserve starts a two-day meeting at which policy makers are expected to trim asset purchases that tend to debase the greenback.

    The yen remained lower against most of its 16 major peers as concern eased that Crimea’s vote to secede from Ukraine would spur turmoil in the region. The European Union and the U.S. imposed sanctions on individuals in Russia and Crimea amid the standoff. The Australian dollar gained briefly after minutes of the Reserve Bank meeting this month reiterated a period of interest-rate stability was likely.

    “I expect the Fed to taper asset purchases by another $10 billion,” said Kazuo Shirai, a trader at Union Bank NA in Los Angeles. “There are a lot of investors wanting to buy the dollar on dips.”

    The yen slipped 0.1 percent to 101.85 per dollar as of 2:10 p.m. in Tokyo from yesterday, when it weakened 0.4 percent. It strengthened 1.9 percent last week versus the greenback, the sharpest gain since the five days ended Jan. 24. Japan’s currency slid 0.1 percent to 141.87 per euro from yesterday, when it depreciated 0.5 percent. Europe’s 18-nation currency was at $1.3930 from $1.3922 at the New York close.

    source_http://www.bloomberg.com/news/2014-03-17/yen-retreats-as-russian-stocks-gain-after-crimea.html

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  10. #129
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    he dollar rose against the yen amid speculation the Federal Reserve will end its jobless-rate threshold today and adopt qualitative guidance for signaling when it will raise interest rates.

    The U.S. currency strengthened versus all except three of its 16 major counterparts. A gauge of volatility in Group-of-Seven currencies fell after President Vladimir Putin said yesterday Russia isn’t seeking to split Ukraine further following the secession of its Crimea region. The pound advanced before the Bank of England publishes the minutes of its March policy meeting today.

    The dollar rose 0.2 percent to 101.60 yen at 8:22 a.m. in London after falling 0.3 percent yesterday. The U.S. currency gained 0.1 percent to $1.3921 per euro. The euro was little changed at 141.42 yen.

    source_http://www.bloomberg.com/news/2014-03-19/dollar-strengthens-against-yen-before-fed-decision-pound-rises.html

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  11. #130
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    The dollar held its biggest gain in seven months versus a basket of its peers after Federal Reserve policy makers signaled they’ll probably raise interest rates by the middle of next year.

    The yuan fell for a fifth day, reaching a one-year low, as China’s central bank guided the currency weaker. New Zealand’s dollar led declines in developed-market currencies after data showed the South Pacific nation’s economic growth slowed in the fourth quarter. The yen remained stronger against all its 16 major counterparts as Asian stocks retreated, boosting demand for haven assets.

    “The Fed is hawkish this time from any aspect,” said Daisuke Karakama, a markets economist in Tokyo at Mizuho Bank Ltd., a unit of Japan’s third-biggest financial group by market value. “The market has no choice but to buy the dollar.”

    The Bloomberg Dollar Spot Index, which monitors the U.S. currency against its 10 major counterparts, was little changed at 1,020.01 as of 2:20 p.m. in Tokyo following a 0.8 percent advance yesterday, the most since Aug. 1 on a closing basis.

    The dollar traded at $1.3836 per euro after climbing 0.7 percent yesterday to $1.3833. It was little changed at 102.31 yen following a 0.9 percent advance in New York. The yen was unchanged at 141.54.

    The Federal Open Market Committee discarded a jobless-rate threshold for considering when to increase borrowing costs and said it will look at a wider range of data. Policy makers also reduced monthly bond-buying by $10 billion to $55 billion and said in a statement it will slow purchases in “further measured steps.” Economists in a Bloomberg News survey forecast policy makers will announce an end to the program in October.

    source_http://www.bloomberg.com/news/2014-03-19/dollar-holds-gains-after-fed-outlook-for-higher-rate-surprises.html

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