Wednesday, 20 February 2013 02:25
Posted by Imaduddin
NEW YORK: The dollar extended its losses against the yen to hit a session low on Monday as disagreement between Japanese officials raised doubts over how aggressive Japan will ease its monetary policy.
The dollar fell as low as 93.29 yen on Reuters data and was last down 0.6 percent at 93.36 yen.
Japanese Finance Minister Taro Aso said on Tuesday he was not considering buying foreign bonds as part of efforts to ease monetary policy, a day after Prime Minister Shinzo Abe said this was an option.
Copyright Reuters, 2013 ...
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NEW YORK: The dollar extended its losses against the yen to hit a session low on Monday as disagreement between Japanese officials raised doubts over how aggressive Japan will ease its monetary policy.
The dollar fell as low as 93.29 yen on Reuters data and was last down 0.6 percent at 93.36 yen.
Japanese Finance Minister Taro Aso said on Tuesday he was not considering buying foreign bonds as part of efforts to ease monetary policy, a day after Prime Minister Shinzo Abe said this was an option.
Copyright Reuters, 2013 ...
NEW YORK: The yen rose against the dollar and euro on Tuesday as disagreement between Japanese officials raised doubts over how aggressively Japan will ease its monetary policy.
Japanese Finance Minister Taro Aso said on Tuesday he was not considering buying foreign bonds as part of efforts to ease monetary policy, a day after Prime Minister Shinzo Abe said this was an option.
Expectations Japan will take further stimulative steps to fight deflation have driven the dollar ...
NEW YORK: The recent devaluation of the Venezuelan bolivar was a blow to some major US companies, highlighting the importance of financial ties between the two nations despite their political disagreements.
Venezuela devalued the bolivar by 32 percent against the US dollar earlier this month, feeding public fears that prices would rise further amid already soaring inflation.
The change in the official exchange rate from 4.3 bolivars to the dollar to 6.3, was published in the Official ...
MOSCOW: Canada's finance minister, Jim Flaherty, said on Saturday the communique at a meeting Group of 20 finance officials had been strengthened to include a call not to target foreign exchange rates.
He also said that the consensus view was to support the G7 statement of this week on currencies.
Copyright Reuters, 2013 ...
NEW YORK: The dollar extended gains on Friday against the Japanese yen and pared gains versus the euro after US data showed manufacturing in New York state expanded in February for the first time in seven months.
The dollar last traded at 93.48 yen, up 0.7 percent on the day. It has been trading at about 93.24 before the release of the data.
The euro last traded at $1.3342, down 0.1 percent on the day. It has ...
NEW YORK: The dollar extended gains on Friday against the Japanese yen and pared gains versus the euro after US data showed manufacturing in New York state expanded in February for the first time in seven months.
The dollar last traded at 93.48 yen, up 0.7 percent on the day. It has been trading at about 93.24 before the release of the data.
The euro last traded at $1.3342, down 0.1 percent on the day. It has ...
TORONTO: The Canadian dollar weakened to a session low against the US dollar on Friday after economic data showed the country's manufacturing sales fell a bigger-than-expected 3.1 percent.
The Canadian dollar softened to C$1.0047 versus the US dollar, or 99.53 US cents, from C$1.0026, or 99.74 US cents just before the data was released. It was also weaker than Thursday's North American session close at C$1.0012, or 99.88 US cents.
Copyright Reuters, 2013 ...
