Key Points
TOKYO (Reuters) The dollar clung close to a 10-month high against a basket of its peers on Thursday, keeping the yen near a key intervention zone as investors size up upbeat U.S. economic data and fresh comments from Federal Reserve officials...
The Australian and New Zealand dollars pared losses, shrugging off retail sales data from Australia that came in weaker than expected...
The yen , which tends to be sensitive to changes in long-term U.S. Treasury yields, was off Wednesdays new 11-month low of 149.71, but remained too close to the psychological level of 150 per dollar for comfort..
If the MOF is serious about intervening to support the free-falling yen, which we think they are, then a response (intervention) is likely not too far away, said Tony Sycamore, market analyst at IG, in a note.. Finance Minister Shunichi Suzuki said on Thursday that Japan will not rule out any options if there is any excessive volatility in currency moves, warning against speculative yen moves amid the yens fall...
The Aussie, which touched a 10-month low overnight, and Kiwi both rose about 0.3% higher against the greenback, paring some losses as markets largely ignored Australian retail sales data that came in below estimates earlier in the day...
You might be interested in
Dollar sticks near 10-month high, keeping heat on yen
28, Sep, 23By Brigid Riley TOKYO (Reuters) - The dollar clung near a 10-month high against a basket of its peers on Thursday, keeping the yen under pressure near a key intervention zone as investors size up
Yen rises after Japan ramps up intervention warning; US data weighs on dollar
02, Nov, 23By Harry Robertson and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) - The struggling yen rose from a one-year low against the U.S. dollar and a 15-year trough versus the euro on Wednesday on
Yen jumps and dollar slips as traders eye interest rate tweaks
21, Nov, 23By Harry Robertson and Tom Westbrook LONDON/SINGAPORE (Reuters) -The yen rallied against the dollar for a fourth straight session on Tuesday as investors positioned for the possibility that the Bank
Dollar rides Treasury yields higher, yen battered
27, Sep, 23By Rae Wee SINGAPORE (Reuters) - The dollar traded near a 10-month high against its major peers on Wednesday as Treasury yields stayed elevated on the prospect of higher-for-longer U.S. rates, while
Markets brace for US inflation reading, yen strengthens on BOJ comments
29, Feb, 24By Tom Westbrook and Alun John SINGAPORE/LONDON (Reuters) -The dollar tracked toward monthly gains on Thursday as European inflation data trickled in and ahead of highly-anticipated U.S. data, while
Yen treads on intervention zone; kiwi, Aussie dlrs hit by China woes
16, Aug, 23By Rae Wee SINGAPORE (Reuters) - The yen languished near its weakest level in nine months on Wednesday and kept traders on alert for any signs of intervention, while mounting concerns over China's
Battered yen mired near multi-decade low as intervention risks loom
27, Jun, 24By Rae Wee SINGAPORE (Reuters) -The yen languished near a 38-year low on Thursday and struggled on the weaker side of 160 per dollar, keeping markets on alert for any signs of intervention from
Dollar sinks to four-month low after Fed signals rate cuts next year
14, Dec, 23By Brigid Riley TOKYO (Reuters) -The dollar dropped to a fresh four-month low on Thursday after the Federal Reserve's latest economic projections indicated the interest-rate hike cycle has ended and
Yen teetering near multi-decade lows keeps markets on intervention watch
15, Nov, 23By Rae Wee and Alun John SINGAPORE/LONDON (Reuters) -The Japanese yen was under pressure on Tuesday, as traders waited for important U.S. inflation data which could either provide some relief for the
Dollar hits new high on upbeat data, yen teeters near intervention line
03, Oct, 23By Brigid Riley TOKYO (Reuters) - The dollar held on to fresh highs on Tuesday, pushing the yen down closer to an intervention zone, after strong U.S. economic data bolstered the view that the Federal