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Dollar tops 103 yen, a 4-1/2-year high, on robust U.S. data
ReutersNEW YORK (Reuters) - The dollar rallied across the board on Friday, topping the 103-yen level as it hit a 4-1/2-year high against the Japanese currency, after data showing a robust rebound in U.S. consumer sentiment prompted investors to add to bullish...Tags: Petroleum Industry, Germany, ABN AMRO, Government, Employment
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Yuan ends up vs dollar, PBOC signals further appreciation
Reuters* PBOC guides yuan higher with strong midpoint fixing * Traders raise yuan appreciation target to 6.0/dollar * SAFE data shows continued oversupply of dollars * Yuan REER up for 7th straight month in April - BIS data By Lu Jianxin and Pete Sweeney...Tags: China, Car Safety Tips and Advice, Money and Monetary Policy, Foreign Exchange Market, Weather
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Yuan rises vs dollar, PBOC signals further appreciation
Reuters* PBOC guides yuan higher with strong midpoint fixing * Traders raise yuan appreciation target to 6.0/dollar * SAFE data shows continued oversupply of dollars * Yuan REER up for 7th straight month in April - BIS data By Lu Jianxin and Pete Sweeney...Tags: China, Car Safety Tips and Advice, Foreign Exchange Market, Money and Monetary Policy, Weather
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China c.bank lets yuan strengthen slightly as dollar rests
ReutersBy Pete Sweeney SHANGHAI, May 14 (Reuters) - The central bank let the yuan rise against the dollar on Tuesday as the dollar index took a breather, with the spot market moving immediately to the strongest possible rate and holding there. The People's Bank...Tags: China, Money and Monetary Policy, Foreign Exchange Market, People's Bank, Central Bank
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Yuan closes up as dollar rally pauses, tight ranges spook traders
Reuters(Updates to close) By Pete Sweeney SHANGHAI, May 14 (Reuters) - The yuan closed up on Tuesday as the dollar index took a breather, with the spot market moving immediately to the strongest possible rate and holding there. The People's Bank of China set the...Tags: China, Money and Monetary Policy, People's Bank
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Car export value target to be revised
The Bangkok PostThe Federation of Thai Industries (FTI) will this month review its full-year automotive export value target amid mounting pressure on car makers from the strong baht. "The number of cars, 1.1 million vehicles to be exported this year, will remain...Tags: Thailand, Manufacturing and Engineering, Automotive Equipment, Passenger Cars, Vehicles
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FOREX- Dollar tops 102 yen after G7, highest in 4-1/2 years
Reuters* Dollar, euro, strike multi-year highs against yen * Aussie lacklustre, at 11-month low against dollar By Sophie Knight TOKYO, May 13 (Reuters) - The yen resumed its slide on Monday against the dollar and euro after Japan escaped direct criticism of...Tags: Credit Ratings, Australia, Foreign Exchange Market, Weather, Japan
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China sets cheaper yuan on dollar spike, but market unimpressed
Reuters* PBOC guides currency lower for second consecutive session * Yuan hit record high on Thursday * Market increasingly disconnected from fundamentals - economists * Widening band would have little impact - trader By Pete Sweeney SHANGHAI, May 13 (Reuters)...Tags: Economy, Business and Finance, Finance, China, Foreign Exchange Market, Money and Monetary Policy
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Samsung, LG keep close eye on depreciating yen
The Korea Herald, Seoul / Asia News NetworkSEOUL (The Korea Herald/ANN) -- Samsung, LG and a number of other conglomerates and exporters such as Hyundai Motor have been operating emergency taskforce teams since late last year to cope with the falling Japanese currency, industry sources said on...Tags: Media Industry, Germany, Politics, Public Finance, Exports
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ANALYSIS-Bullish yuan herd leaves China fundamentals in the dust
Reuters* Yuan rally since Aug 2012 may be near an end * Bullish trend looks divorced from fundamentals * Companies have taken aggressive short dollar positions * If economy weakens, possible 2011-style short squeeze By Gabriel Wildau SHANGHAI, May 13...Tags: Economy, Business and Finance, Credit Ratings, Finance, China, Trade Balance
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QE and yen-inspired ructions in store, even if no currency war
ReutersBy Mike Dolan LONDON, May 10 (Reuters) - Most investors see the yen's latest lunge as a byproduct of the rich world's money printing gambit and not a deliberate escalation in a notional currency war, but it is raising concerns about possible new...Tags: Economy, Business and Finance, Prices, Finance, Politics, Foreign Exchange Market
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ANALYSIS-New Zealand central bank governor deploys tactical currency talk
Reuters(Repeats story to add analysis tag to headline) By Gyles Beckford WELLINGTON, May 10 (Reuters) - In the global currency arena small player New Zealand probably deployed its last best tactic this week - a strategically timed disclosure. The country's...Tags: Economy, Business and Finance, Finance, Government, Politics, European Central Bank
May 17, 2013
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May 17, 2013
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May 16, 2013
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May 13, 2013
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May 14, 2013
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May 12, 2013
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May 12, 2013
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May 12, 2013
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May 13, 2013
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May 12, 2013
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May 10, 2013
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May 10, 2013
|Story| Reuters
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