| Dollar extends gains vs yen, trades up 1 percent (at Reuters) The dollar extended gains versus the Japanese yen on Thursday in the aftermath of a report showing a sharp drop in weekly U.S. jobs claims. For details, see us.rd.yahoo.com |
Yen nears high as BoJ shrugs off fears (at Financial Times) The yen rose towards a nine-month high against the dollar on Wednesday after the Bank of Japan played down concerns that further gains in the currency would push it to ease Japanese monetary conditions. us.rd.yahoo.com |
MONEY MARKETS-NZ swaps off highs after business confidence data (at Reuters) * New Zealand swaps back down after business confidence data * Dollar funding rates fall further after Bernanke * China repo, interbank rates rise to 7-week highs us.rd.yahoo.com |
[$$] Japan Pushes Down Yen [at The Wall Street Journal] - Japan Pushes Down Yen A wave of foreign-exchange intervention by Japan estimated at more than $16 billion sent the dollar sharply higher against the yen, a successful beginning to what appears to be a campaign by Tokyo to stop a soaring yen. us.rd.yahoo.com |
FX Concepts' Taylor says euro will peak at $1.45 The euro's rally against the dollar will most likely peak between $1.43-$1.45 as euro zone economic data have started to worsen and investors have fully priced in the prospect of U.S. quantitative easing, said John Taylor, chairman and chief investment officer at FX Concepts. us.rd.yahoo.com |