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Forex News


Dollar Pulls Back From 3-Week High Versus Euro


The dollar's rally versus the euro fizzled out on Friday despite positive U.S. economic data and talk of stimulus from the European Central Bank. Traders showed more appetite for risk amid news that China will spend on massive infrastructure projects to

Dollar pushes higher vs euro for 3rd day


NEW YORK: The dollar sustained its rebound against the euro for a third straight session Thursday helped by an increased estimate of US fourth quarter growth and more sluggish data from Europe. At 2100 GMT, the euro was at $1.3742, compared to $1.3781

Yen rises in Asia after upbeat Japan inflation data


TOKYO: The yen inched higher in Asia on Friday after Japan published upbeat inflation data which reduced the immediate likelihood of more easing measures from the Bank of Japan. In afternoon Tokyo trade the dollar bought 102.15 yen, compared with 102.17

Dollar Mixed After Pending Home Sales


Following the release of U.S. pending home sales data for February at 10:00 am ET, the greenback showed mixed trading against other major currencies. While the greenback edged down against the yen and the pound, it changed little against the euro and

Euro on defensive after dovish ECB talk, kiwi flies


(Reuters) - The euro struggled near a three-week low against the dollar on Friday, weighed by recent dovish talk from several European Central Bank (ECB) officials. Buoyed by monetary tightening expectations, the New Zealand dollar continued its bull

Australia & NZ dollar maintain solid momentum against US dollar & euro


SYDNEY/WELLINGTON: The Australian dollar held firm near four-month peaks against its US counterpart and the euro on Thursday, while another set of upbeat data gave the high-flying New Zealand dollar a boost. The Aussie remained sturdy at $0.9224, not far

Singapore dollar at 1-week high on policy views;month-end bids support


SINGAPORE: The Singapore dollar hit a one-week high on Thursday as investors bet that the central bank may keep tightening bias in a policy meeting in April, while most emerging Asian currencies rose on month-end corporate demand. The Philippine peso

Euro struggles after ECB officials reopen easing debate; yen firmer


(Reuters) - The euro held steady near recent lows versus the dollar on Thursday after comments from European Central Bank officials revived speculation about further monetary easing to stave off potential deflation. The euro traded at around $1.3784,

New Zealand Dollar Rally Tests Exporters, English Says


New Zealand’s dollar, the best-performing major currency this year, is too strong and poses a challenge for the nation’s exporters, according to Finance Minister Bill English. “It’s a bit too high,” he said yesterday in an interview in Hong Kong, while

Dollar firms after solid consumer confidence data


TOKYO: The dollar firmed against other currencies in Asia on Wednesday, extending gains on data showing US consumer confidence at a six-year high. In Tokyo morning trade the greenback was at 102.34 yen against 102.25 yen in New York Tuesday afternoon.

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