Connect to share and comment

Dollar mixed in Asia as traders eye Obama tour

The dollar was mixed against the yen and euro in Asia on Wednesday, with traders looking for developments in US-Japan free trade talks as President Barack Obama arrives in Tokyo for the start of an Asian tour. In afternoon trade, the greenback changed hands at 102.61, little changed from 102.60 yen in New York Tuesday afternoon, while the euro rose to $1.3835 and 141.97 yen, from $1.3804 and 141.65 yen.

Dollar holds steady, eyes on Obama Asia tour

The dollar held steady against the yen in Asia on Wednesday, with traders looking for developments in US-Japan free trade talks as President Barack Obama starts an Asian tour. In Tokyo midday trade, the greenback changed hands at 102.57, a touch down from 102.60 yen in New York Tuesday afternoon, while the euro bought $1.3809 and 141.66 yen, against $1.3804 and 141.65 yen.

Canadian dollar declines amid stronger than expected read on U.S. housing

TORONTO - The Canadian dollar closed lower Tuesday amid stronger than expected U.S. housing data. The loonie fell 0.11 of a cent to 90.68 cents US as the U.S. dollar strengthened in the wake of a report showing existing home sales fell 0.2 per cent last month to an annual rate of 4.59 million. That was higher than the annual rate of 4.55 million that economists had expected.. Other data showed a solid rise in Canadian wholesale sales during February.

Asian shares mixed after Easter break

Asian markets were mixed on Tuesday, the first day's trading for some markets after the Easter break, even though Wall Street provided another strong lead. The dollar eased slightly against the yen after rallying on Monday in response to Japan's announcement of another massive trade deficit. Tokyo gave up early gains as the yen reversed course against the dollar, with the Nikkei ending 0.85 percent lower, giving up 123.61 points to finish at 14,388.77. Hong Kong ended down 0.13 percent, or 29.56 points, at 22,730.68.

Asian shares mixed in holiday-thinned trade

Asian markets were mostly lower in thin Easter holiday trade Monday, with Japan's Nikkei giving up early gains despite a weaker yen as data showed the country's trade deficit quadrupled in March. Chinese shares slipped on fears over the economy as well as liquidity after authorities unveiled a list of 28 firms that have filed for initial public offerings (IPOs).

Asian shares mixed in holiday-thinned trade

Asian markets were mostly lower in thin Easter holiday trade Monday, with Japan's Nikkei giving up early gains despite a weaker yen as data showed the country's trade deficit quadrupled in March. Chinese shares slipped on fears over the economy as well as liquidity after authorities unveiled a list of 28 firms that have filed for initial public offerings (IPOs).

The yen under pressure as Japan's trade deficit swells

The yen was weaker against the dollar and the euro in quiet Asian trade Monday after data showed Japan's trade deficit quadrupled year-on-year in March. The greenback fetched 102.52 yen in Tokyo afternoon trade, up from 102.46 yen Friday, while the euro was up at 141.66 yen from 141.46 yen. The single currency drifted lower to $1.3817 from $1.3812. Most leading financial markets around the world were closed Friday and Monday for Easter.

Dollar steady in Asia on US jobs data, Ukraine deal

The dollar was steady in quiet Asian trade Friday, winning support from positive US jobs data and a deal between Russia and the West aimed at easing tensions in Ukraine. The greenback fetched 102.43 yen in Tokyo, up from 102.39 yen in New York Thursday while the euro drifted lower against the dollar to $1.3812 from $1.3813. The European single currency rose to 141.46 yen from 141.45 yen in US trade.

Asian shares mixed after US report, Fed comments

Asian markets were mixed Thursday as a positive report on the US economy and the Federal Reserve chief's pledge to keep interest rates at record lows were offset by profit-taking after the previous day's gains. Wall Street provided another positive lead, with the technology-weighted Nasdaq leading a third-straight rally after last week's heavy sell-off. Tokyo, which surged more than three percent on Wednesday, gave up morning gains to end flat, dipping 0.15 points to 14,417.53, while Seoul was also virtually unchanged, nudging 0.16 points down to 1,992.05.

Dollar lower in Asia after upbeat data, Beige Book

The dollar drifted lower in Asia Thursday as upbeat US data and dovish comments from Federal Reserve chair Janet Yellen suggested the central bank would hold steady on the pace of its stimulus tapering. In Tokyo afternoon trade, the greenback slipped to 102.02 yen from 102.25 yen in New York on Wednesday. The euro rose to $1.3837 from $1.3815, while it weakened to 141.17 yen from 141.28 yen.
Syndicate content