Tuesday, 18 June 2013 04:26
Posted by Asad Naeem
NEW YORK: The euro climbed to a session high against the dollar on Monday while the US currency pared gains against the yen as investors positioned ahead of the Federal Reserve's policy announcement.The euro was last up 0.2 percent at $1.3374 with a session peak of $1.3379. The dollar traded up 0.4 percent at 94.45 yen, closer to a session low of 94.08 yen than the session peak of 95.21 yen.The Fed will release its policy statement at the conclusion of its two-day meeting at 2 p.m. EDT (1800 GMT) on Wednesday.Copyright Reuters, 2013 ...
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NEW YORK: The euro climbed to a session high against the dollar on Monday while the US currency pared gains against the yen as investors positioned ahead of the Federal Reserve's policy announcement.The euro was last up 0.2 percent at $1.3374 with a session peak of $1.3379. The dollar traded up 0.4 percent at 94.45 yen, closer to a session low of 94.08 yen than the session peak of 95.21 yen.The Fed will release its policy statement at the conclusion of its two-day meeting at 2 p.m. EDT (1800 GMT) on Wednesday.Copyright Reuters, 2013 ...
NEW YORK: The US dollar climbed against the yen for the first time in five sessions on Monday, as stock markets rallied on expectations the Federal Reserve's policy announcement this week will reassure investors that monetary stimulus will remain in place.The yen weakened again though in mid-afternoon New York trade, following headlines from the Group of Eight meeting in Northern Ireland. Traders said world leaders continue to back Japan's current stimulus efforts, opening the door ...
LONDON: The yen fell against the dollar and the euro on Monday as stocks bounced, but the Japanese currency stayed near two-month highs with investors seeking clarity on the Federal Reserve's ultra-loose monetary policy.The focus is on what Chairman Ben Bernanke will say following the US central bank's meeting on Tuesday and Wednesday. Expectations the Fed will start unwinding its asset purchase programme have hit global share markets and sparked a rush to the safety ...
LONDON: Sterling held near a four-month peak against the dollar on Monday as signs the British economy is improving caused market participants to trim their expectations the Bank of England will ease policy further soon.Analysts said sterling moves this week would be dictated by the dollar as markets focus on Federal Reserve chairman Ben Bernanke's comments on June 19 after its monthly meeting for clues to the future of the Fed's stimulus programme.Uncertainty about the ...
ZURICH: The Swiss franc drifted lower against the dollar on Friday, extending Thursday's drop from a four-month high as traders began to take profits on bets against the greenback.The franc took its lead from the euro, which came under some pressure against the dollar after European Central Bank president Mario Draghi said the ECB's bond buying programme was necessary and in line with its mandate.Against a basket of currencies, the greenback was on track for ...
