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Yen Edges Up Ahead of BOJ Meeting; Yuan Down on PBOC’s Comments

Thursday,   25-Apr-2019   10:54 (IST)

The Japanese yen edged up on Thursday in Asia ahead of the release of the Bank of Japan’s interest rate decision, the monetary policy statement and the outlook report. The central bank is expected to keep monetary policy steady, but could downgrade its assessment of the economy, according to analysts. The USD/JPY pair last traded at 111.98 by 11:30 PM ET (03:30 GMT), down 0.2%. Meanwhile, the USD/CNY pair was up 0.1% to 6.7259. The People’s Bank of China is not planning to tighten or relax monetary policy, Liu Guoqiang, vice governor of the central bank, said on Thursday at a brief...

Euro pressured by German growth worries, dollar holds firm tone

Thursday,   25-Apr-2019   09:11 (IST)

The euro nursed losses against the dollar on Thursday after dipping to a 22-month low on a surprise drop in a leading indicator for economic activity in Germany, amplifying worries of a growth slowdow...

Euro heads towards one-month low as sentiment sours

Wednesday,   24-Apr-2019   04:40 (IST)

The euro fell towards a one-month low on Wednesday as the contrast between solid economic data in the United States and souring confidence measures in the euro zone kept the dollar supported near 22-m...

Sterling at two-month lows as dollar and Brexit weigh

Wednesday,   24-Apr-2019   03:00 (IST)

The pound held at a two-month low on Wednesday, weighed down by a broad-based rally in the dollar and fading hopes of a breakthrough in Brexit talks between the British government and the opposition. ...

Dollar Surge Continues on Strong Earnings, Housing Data

Wednesday,   24-Apr-2019   02:15 (IST)

The dollar is continuing its march higher early Wednesday in Europe, enjoying further support from a strong corporate earnings season at home coupled with better-than-expected economic data. Encouragi...

Aussie Dollar Falls to Six-Week Lows Amid Weaker-Than-Expected CPI Data

Wednesday,   24-Apr-2019   10:42 (IST)

The Australian dollar fell to near six-week lows on Wednesday in Asia after the release of the latest inflation data that was softer than expected. The AUD/USD pair was down 1.0% by 11:30 PM ET (03:30...

Dollar hovers near 22-month peak buoyed by strong U.S. data

Wednesday,   24-Apr-2019   08:57 (IST)

The dollar hovered near a 22-month high against its peers on Wednesday, after strong U.S. housing data further eased concerns of a slowdown in the world's biggest economy. The dollar index versus ...

Sterling stuck below $1.30 as British parliament returns

Tuesday,   23-Apr-2019   02:44 (IST)

Sterling was stuck under $1.30 on Tuesday as Britain’s parliament returned from its Easter break and the ruling Conservative party tried to move talks forward with the opposition Labour party ov...

U.S. Dollar Flat Ahead of Key Data This Week

Tuesday,   23-Apr-2019   12:01 (IST)

The U.S. dollar traded near flat on Tuesday in Asia as markets await the key first-quarter GDP data due later this week. The U.S. dollar index that tracks the greenback against a basket of other curre...

Dollar little changed in thin post-holiday trade

Tuesday,   23-Apr-2019   08:54 (IST)

The dollar trod water against other major currencies in early Asian trade on Tuesday, while the Canadian dollar was supported by rising crude oil prices due to U.S. plans to tighten a clamp down on Ir...