US Dollar

Euro rises after SNB starts buying in Asia

Friday, February 5th, 2010

The euro rose off 15-month lows today as the Swiss National Bank sold francs for euros during Asian trading. The euro has been under pressure for the last month hitting lows against a host of major currencies, but took a swift leap as the SNB stepped in.
The euro rose 0.6% against the franc to 1.4730 [...]

Euro up as Australian job data raises risk appetite

Thursday, November 12th, 2009

The euro was bolstered against the yen and dollar today, as better than expected Australian jobs data spurred investors to buy riskier assets. The euro rose to 134.62 against the yen and $1.49889 against the dollar in the Asian session, and could extend its gains against the greenback if US weekly jobless claims data shows [...]

Yen bolstered as investors move from riskier assets

Friday, October 2nd, 2009

The yen rose against the euro and dollar on Friday, as investors move from riskier currencies after a stream of bad US economic data. Things may get worse for the greenback later today as key US employment data is released, and if poor may accelerate the yen’s gains.
The yen saw a gain of 0.2% against [...]

Euro hits one year high against the dollar

Tuesday, September 22nd, 2009

The dollar took another fall on Tuesday propelling the euro to a one year high against the US currency, as investors resumed selling ahead of the Federal Reserve’s monetary meeting later on this week.
Analysts believe that the fall of the dollar is also due to the Group of 20 summit to be held this week [...]

Dollar rises against euro to end one year low

Friday, September 18th, 2009

The dollar edged up against a host of currencies on Friday and ended a year’s low against the euro, hit the day before as investors turned back to the ailing US currency. The dollar had been on a downward spiral since March as investors shifted to more risky assets due to signs that the economy [...]

Euro slightly down against the dollar as investor look at riskier assets

Tuesday, August 4th, 2009

The euro dropped slightly today against the dollar as better than expected data pushed oil and commodity prices higher. The euro ended the session 0.2% down at $1.4387 against the dollar after a nine month high of $1.4445 reached on Monday.
The yen also saw a rise against a host of major currencies, including rising 0.2% [...]

Dollar hits two month low against the euro

Tuesday, July 28th, 2009

The US dollar hit a two month low against the euro today, as investors turned to more riskier currencies, this boosted the Australian dollar to its highest level against the greenback since September 2008.
The Australian dollar rose by 1.3% finishing the session at $0.8339 and the New Zealand dollar also ended the session at a [...]

Yen up against euro and dollar after Bernanke’s Wall Street Journal column

Tuesday, July 21st, 2009

The yen was up against the euro and dollar in Asia this morning after the Federal Reserve Chairman Ben Bernanke released a Wall Street Journal article that stated that the central bank would have to stiffen its monetary policies in the future.
In the article, Mr Bernanke wrote that, “Accommodative policies will likely be warranted for [...]

Yen and dollar gain as investors play it safe

Monday, July 6th, 2009

Both the yen and the US dollar rose on Monday after last week’s weaker than expected US jobs data continued to cast doubts on a quick economic recovery. Investor’s confidence for more riskier assets took a dive after the US data showed that the American economy lost more jobs than expected, meaning investors stayed with [...]

Dollar eases as investors move towards higher-yielding assets

Wednesday, June 10th, 2009

The dollar lowered on Wednesday as investors moved from the greenback to higher-yielding assets after analysts predict that the global economy is improving. The US dollar also lost ground over speculation that the Federal Reserve will increase interest rates by the end of the year.
The dollar index, which calculates the dollar’s performance against six major [...]