In today's market report... the dollar edged up against the yen and euro, boosted by uncertainty about Japanese currency intervention plans.
Wariness that Japanese authorities may buy dollars again with the yen lifted the dollar mildly.
Currency speculators boosted bets against the dollar last week to $30 billion, the largest amount since mid-2008.
The dollar's mild gains did not boost the Japanese share market, which was lower at the midday break after a one-day holiday.
Fast Retailing tumbled after the Uniqlo chain operating forecast its first annual profit fall in four years, although still hitting almost $1.4 billion.
Elsewhere in Asia, investors were seen as cautious awaiting earnings reports this week from technology giant Intel and GE.
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Showing posts with label Dollar vs Yen. Show all posts
Showing posts with label Dollar vs Yen. Show all posts
Tuesday, October 12, 2010
Friday, June 4, 2010
Will Dollar - Yen Reach 100 ?
Dollar/yen may reach 100 by next year, says Adam Gilmour, co-head FX and derivatives sales at Citi Asia Pacific. He speaks to CNBC's Martin Soong and Karen Tso about the possible steps that Naoto Kan may take as Japan's next prime minister.
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Dollar vs Yen
Friday, April 2, 2010
Woolfolk Doubts Yen Will Fall to 100 Per Dollar by July
April 2 (Bloomberg) -- Michael Woolfolk, senior currency strategist at Bank of New York Mellon Corp., talks with Bloomberg's Haslinda Amin about his forecast for the yen and U.S. dollar. Woolfolk, speaking from Washington, also discusses his currency trading strategy. (Source: Bloomberg)
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Dollar vs Yen,
Michael Woolfolk
Wednesday, February 3, 2010
Dollar Spikes Against Yen Amid Toyota Recall Turmoil
Feb. 3 (Bloomberg) -- Bloomberg's Sara Eisen reports on the outlook for Japanese yen as the turmoil surrounding Toyota Motor Corp.'s vehicle recall escalates. (Source: Bloomberg)
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Dollar vs Yen
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