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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. #31
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    The dollar held above 100 yen for a second day, after rallying from the lowest in almost a month, before U.S. employment data that may add to the case for the Federal Reserve to slow stimulus.

    Kansas City Fed President Esther George yesterday urged a reduction in the central bank’s bond-buying program, known as quantitative easing, as growth quickens. San Francisco Fed President John Williams said a “modest adjustment downward” in purchases is possible “as early as this summer.” Australia’s dollar fell after the nation’s economy grew at the slowest pace in almost two years.
    “The dollar weakness only lasted for a day,” said Kazuo Shirai, a trader at Union Bank NA in Los Angeles. “The market will be swayed by comments by Fed speakers about when they may end the QE program ahead of U.S. jobs data.”
    The dollar gained 0.2 percent to 100.18 yen at 11:04 a.m. in Tokyo from yesterday, when it advanced 0.5 percent. It slid to 98.87 on June 3, the lowest since May 9. The euro fell 0.1 percent to $1.3072. The shared currency was little changed at 130.95 yen from 130.84.

    source_http://www.bloomberg.com/news/2013-06-04/dollar-holds-above-100-yen-on-fed-speculation-before-jobs-report.html

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  3. #32
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    The dollar’s volatility against the yen was near the highest in six weeks before U.S. jobs data that may show whether the economic recovery is strong enough for the Federal Reserve to curb monetary stimulus.

    The greenback rallied from the lowest level in almost a month versus the Japanese currency before U.S. data this week forecast to show the number of applications for unemployment benefits fell and payrolls increased. A private report yesterday showed U.S. companies hired fewer workers than economists projected, and Japan’s Prime Minister Shinzo Abe failed to provide additional detail on stimulus measures. Australia’s dollar slid to a more than one-year low.
    “We expect the yen to weaken going forward,” said Hitoshi Asaoka, a Tokyo-based senior strategist at Mizuho Trust & Banking Co., a unit of Japan’s third-largest bank by market value. “Should the Fed reduce stimulus, U.S. Treasury yields will rise and the currencies of countries easing monetary policy will be sold and those of nations tightening will be bought.”
    The dollar touched 98.86 yen, the lowest since May 9, before trading at 99.22 yen at 12:47 p.m. in Tokyo, 0.2 percent higher than yesterday’s close in New York. The currency pair’s one-month implied volatility was at 13.4 percent after reaching 14.2 percent on June 4, the highest since April 22.

    source_http://www.bloomberg.com/news/2013-06-05/dollar-near-month-low-on-jobs-data-fed-outlook-aussie-declines.html

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  4. #33
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    The dollar gained versus the euro and yen before the Federal Reserve starts a two-day policy meeting tomorrow as investors weigh when the central bank will curb bond purchases.

    The Dollar Index snapped a five-day decline before a report tomorrow that will probably show that the cost of living in the U.S. rose in May after two months of declines. The yen dropped versus its 16 most-traded peers as stocks gained, damping demand for haven assets. The euro climbed against the yen before data on the common-currency region’s trade balance as inflows into the region support this year’s best-performing currency among majors.
    “We’re generally positive on the dollar for the rest of this year,” said Mitul Kotecha, the global head of foreign-exchange strategy in Hong Kong at Credit Agricole SA. (ACA) “We would see the strengthening of the U.S. economy also giving support to push yields higher alongside this impact of less Treasury buying by the Fed.”
    The dollar rose 0.5 percent to 94.78 yen as of 6:53 a.m. in London, following a 3.3 percent weekly decline. It gained 0.2 percent to $1.3327 versus the euro. The euro added 0.6 percent to 126.31 yen after posting a 2.6 percent slump last week, the most since the five days ended July 6.

    source_http://www.bloomberg.com/news/2013-06-16/euro-rises-versus-yen-before-trade-data-dollar-index-declines.html

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  5. #34
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    The dollar strengthened against the majority of its 16 most-traded counterparts amid speculation about when the Federal Reserve will begin to taper its monetary stimulus.

    The U.S. currency briefly pared gains and fell versus the euro amid conflicting reports before the central bank starts a two-day policy meeting tomorrow. The yen fell versus the greenback for the first time in five days as stocks gained, reflecting reduced haven demand. The euro climbed to almost a four-month high against the dollar as data showed the 17-nation bloc’s trade surplus was at almost a record in April.
    “The whole day has been driven by U.S. dollar moves,” Charles St-Arnaud, a foreign-exchange strategist at Nomura Holdings Inc. in New York, said in a telephone interview. “The idea that the Fed might temper their purchases has thrown a bit of a cold shower on investors.”
    The dollar rose 0.2 percent to 94.51 per yen at 5 p.m. New York time, after falling 3.3 percent last week, the most since July 2009. Japan’s currency slid 0.6 percent to 126.32 per euro after appreciating 2.7 percent last week, the most since the five days ended July 6. The euro added 0.2 percent to $1.3367, almost the highest since Feb. 13.

    source_http://www.bloomberg.com/news/2013-06-17/yen-falls-versus-major-peers-as-stocks-rally-aussie-advances.html

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  6. #35
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    The dollar held a two-day gain versus the yen amid speculation Federal Reserve Chairman Ben S. Bernanke will today provide more information about when U.S. policy makers will start to reduce bond purchases.

    The Australian dollar held a three-day drop as traders sold higher-yielding currencies before the Federal Open Market Committee concludes its two-day meeting. The euro was near a four-month high ahead of data tomorrow forecast to show a euro-area services and factory output gauge improved.“After the FOMC, I expect stock markets to stabilize and the yen to be a little more susceptible to selling,” said Minori Uchida, the Tokyo head of global market research at the Bank of Tokyo-Mitsubishi UFJ Ltd., a unit of Japan’s biggest financial group by market value.
    The dollar rose 0.1 percent to 95.38 yen at 6:36 a.m. in London, holding a 1.1 percent two-day gain. It traded at $1.3389 per euro from $1.3392 yesterday, when it touched $1.3416, the lowest level since Feb. 20. Japan’s currency was little changed at 127.69.

    source_http://www.bloomberg.com/news/2013-06-18/dollar-gains-for-third-day-versus-yen-before-bernanke-comments.html

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  7. #36
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    The dollar rose to its highest in more than a week against the yen before U.S. housing and manufacturing data that may add to the case for reduced monetary stimulus as flagged yesterday by the Federal Reserve.

    The Dollar Index gained for a second day after Fed Chairman Ben S. Bernanke said the central bank could reduce its bond buying this year and end it in 2014 if the economy achieves sustainable growth. Australia’s dollar touched its weakest level since 2010 after data showed China’s manufacturing is contracting. India’s rupee slid to a record and South Korea’s won declined to the lowest in 11 months.
    “Markets now recognize that the Fed is more likely to reduce bond purchases later this year, which is a dollar positive,” said Yoshitsugu Fujita, an assistant vice president of global markets in New York at Sumitomo Mitsui Trust Bank Ltd. “Markets will remain volatile because any change in the Fed’s policy is driven by economic data.”
    The dollar rose 0.6 percent to 97.12 yen as of 1:07 p.m. in Tokyo from yesterday, after advancing to 97.18, the highest since June 11. It gained 0.3 percent to $1.3256 per euro following a 0.7 percent advance. Japan’s currency declined 0.4 percent to 128.77 per euro.

    source_http://www.bloomberg.com/news/2013-06-19/dollar-remains-higher-before-u-s-housing-manufacturing-reports.html

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  8. #37
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    The dollar surged against counterparts worldwide ranging from Australia’s currency to Turkey’s lira as the Federal Reserve’s signal it is getting closer to reducing monetary stimulus pushed volatility to the highest in a year and spurred losses in carry trades.

    The U.S. currency strengthened versus a majority of its 16-most-traded peers and Deutsche Bank AG’s G10 FX Carry Basket index fell to the lowest level since October as Fed Chairman Ben S. Bernanke yesterday outlined the case for reduced monetary stimulus this year if the U.S. economy keeps improving. India is among leaders for carry losses among the 31 most-traded currencies versus the dollar this month with a 4.8 percent decline while its central bank likely intervened to protect the rupee.
    “The market is in a shoot first and ask questions later kind of a mode, and you see massive dollar strength, unwind of carry trades,” Eric Stein, a portfolio manager at Eaton Vance Corp. (EV) who helps oversee about $17.5 billion of fixed-income assets in Boston, said in a telephone interview. “The Fed has pulled forward volatility.”
    The dollar rose 0.6 percent to $1.3220 per euro at 5 p.m. in New York, reaching the biggest gain since May 9. The U.S. currency advanced 0.9 percent to 97.28 per yen. Japan’s currency fell 0.3 percent to 128.61 per euro.

    source_http://www.bloomberg.com/news/2013-06-19/dollar-remains-higher-before-u-s-housing-manufacturing-reports.html

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  9. #38
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    The dollar rose to a two-week high versus the yen before data that may add to the case for the Federal Reserve to pare back bond purchases.

    The U.S. currency strengthened ahead of reports tomorrow that will probably show orders for durable goods grew and house prices continued to recover. Fed Bank of Dallas President Richard Fisher will speak on monetary policy in London today. The yen slumped against most of its major peers as Japan’s ruling coalition won a majority in Tokyo elections, signaling support for Prime Minister Shinzo Abe who has overseen a 12 percent drop in the currency this year. Declines in the euro were tempered before the release of a German sentiment survey.
    “The outlook is for improving economic data in the U.S.,” said Richard Grace, the Sydney-based chief currency strategist and head of international economics at Commonwealth Bank of Australia. (CBA) “The dollar’s going to remain on an upward trend, but in the short term it’s going to consolidate a little bit.”
    The greenback rose 0.6 percent to 98.53 yen as of 6:33 a.m. in London, and earlier reached 98.70, the highest level since June 11. It appreciated 3.8 percent last week, the biggest jump since the five days ended Dec. 4, 2009. The U.S. currency added 0.2 percent to $1.3103 per euro, gaining for a fourth day, after earlier touching $1.3087, the most since June 6. The yen declined 0.5 percent to 129.09 per euro.

    source_http://www.bloomberg.com/news/2013-06-23/dollar-climbs-to-2-week-high-versus-yen-on-fed-tapering-outlook.html

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  10. #39
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    The dollar fell against 14 of its 16 major peers before Federal Reserve policy makers are scheduled to speak today as the central bank considers whether the economy is strong enough to pare back its stimulus program.

    The Dollar Index retreated for the first time in six days after Bank of Richmond President Jeffrey Lacker said yesterday the Fed isn’t close to reducing its bond holdings. The yen fell against its most-traded counterparts, paring this month’s gains, as Asian stocks rose for a second day. The Australian and New Zealand dollars climbed after technical indicators signaled recent declines have been too rapid and are poised to reverse.
    “You’re going to get further attempts by Fed speakers to backtrack a little from the explicit statement of last week,” said Imre Speizer, a markets strategist at Westpac Banking Corp. (WBC) in Auckland. “The market will look through that and any pullbacks in the U.S. dollar will be fairly shallow indeed.”
    The dollar fell 0.2 percent to $1.3033 per euro at 1:31 p.m. in Tokyo from yesterday, when it touched $1.2985, the strongest since June 3. The U.S. currency traded at 97.76 yen from 97.72 yesterday. The euro rose 0.2 percent to 127.40 yen.

    source_http://www.bloomberg.com/news/2013-06-26/dollar-index-holds-longest-winning-streak-in-a-year-on-economy.html

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  11. #40
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    The dollar gained for a third day to its strongest in more than three weeks versus the yen before a U.S. report forecast to show manufacturing rebounded, adding to signs the Federal Reserve may begin to trim bond purchases.

    The yen fell versus its major peers as data showed large Japanese manufacturers were the most optimistic in two years, reducing haven demand. The euro was 0.3 percent from the weakest in a month before a European Central Bank meeting July 4, with President Mario Draghi signaling policy will remain stimulative. Australia’s dollar rose from the least since September 2010 on bets its central bank won’t cut interest rates tomorrow.
    “The stronger U.S. dollar theme has been the dominant one in currency markets,” said Mike Jones, a foreign-exchange strategist at Bank of New Zealand in Wellington. “It’s been driven by the market front-running the Fed’s promise to taper asset purchases later this year. The onus now is really on the data to improve along the lines of what the Fed’s expecting.”
    The dollar rose 0.3 percent to 99.47 yen at 6:52 a.m. in London, after touching 99.54, the most since June 5. It was at $1.3028 per euro from $1.3010 in New York last week and touched $1.2985 on June 26, the strongest since June 3. The yen fell 0.5 percent to 129.58 per euro.
    The Institute for Supply Management’s factory index for the U.S. probably rose to 50.5 in June from 49, which was the lowest since June 2009, according to the median estimate in a Bloomberg News survey before today’s report. A reading of 50 is the dividing line between growth and contraction.

    source_http://www.bloomberg.com/news/2013-06-30/dollar-gains-versus-yen-before-ism-factory-data-b0j-s-tankan.html

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