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Dollar holds firm after solid consumer confidence data

The dollar stayed firm against other currencies in Asia on Wednesday, holding onto gains on data showing US consumer confidence at a six-year high. In Tokyo afternoon trade the greenback was at 102.27 yen against 102.25 yen in New York Tuesday afternoon. The euro slipped to $1.3812 from $1.3825 in US trade while fetching 141.28 yen against 141.36 yen. "Gains in the US were supported by a solid consumer confidence reading," National Australia Bank said in a note.

Asian shares mostly lower after US, Europe losses

Asian markets were mostly down Tuesday as traders booked profits after the previous day's rally, while Wall Street provided another negative lead in response to anaemic US and Chinese manufacturing data. But the euro held on to the gains it made against the dollar after an upbeat survey of European factory activity raised hopes for the eurozone, while the Indian rupee hit a seven-month high.

Euro dips in Asia as analysts warn on Russia

The euro weakened in Asia on Tuesday after rallying in New York as analysts warned of downside risks if Western leaders tighten economic sanctions on Russia over the Crimea crisis. The eurozone has strong business links with Moscow and any disruption of crucial oil supplies from Russia could weigh on the single currency, analysts said. In Tokyo afternoon trade, the euro bought $1.3828 and 141.39, against $1.3835 and 141.48 yen on Monday in New York, where it was boosted by an improvement in eurozone business activity. The dollar bought 102.25 yen from 102.26 yen.

Dollar holds on to gains in Asia

The dollar held steady Monday following a surge last week on comments from Federal Reserve head Janet Yellen as Tokyo shares rebounded from a six-week low. In afternoon trading, the greenback fetched 102.43 yen, rising from 102.23 yen in New York Friday. The euro was mixed, buying $1.3800 and 141.37 yen, compared with $1.3794 and 141.87 yen. Tokyo's Nikkei 225 stock index, which finished up 1.77 percent, was lifted by the yen's weakening against the dollar, boosting exporters.

Asian shares rise after Wall Street gains

Asian markets rose Friday as bargain-hunters moved in after the previous session's heavy losses, with investors taking a lead from Wall Street and a positive batch of US data. The dollar held on to its recent gains after the head of the Federal Reserve on Wednesday hinted that US interest rates could be hiked early next year, sooner than analysts had expected.

Loonie stabilizes after big loss amid sharply different interest rate prospects

TORONTO - The Canadian dollar stabilized Thursday, a day after tumbling almost nine-tenths of a cent after the U.S. Federal Reserve suggested interest rates could be headed up sooner than thought. The loonie gained 0.02 of a cent to 88.95 cents US. Janet Yellen, chairwoman of the U.S. central bank, signalled Wednesday that the Fed could begin raising short-term rates six months after it halts its bond purchases around year’s end.

Dollar holds steady after surging on Yellen comments

The dollar held steady in Asia on Thursday, after surging in New York as Federal Reserve chief Janet Yellen hinted that interest rates could rise early next year, sooner than expected. The greenback fetched 102.30 yen in Tokyo afternoon trade, slightly down from 102.32 yen late in New York but much stronger than the 101.51 yen in Tokyo earlier Wednesday. The euro bought $1.3831 and 141.52 yen, mixed from $1.3827 and 141.53 yen in US trade. Emerging-market currencies were mostly lower as the hawkish Fed hurt risk appetite.

Dollar rises in Asia ahead of Fed meeting

The dollar edged higher against the yen and euro in Asia on Wednesday as investors focus on the US Federal Reserve's latest policy meeting, the first under new chair Janet Yellen. There are hopes Yellen will provide some guidance on the bank's plans for interest rates after the conclusion of the meeting later in the working day. Analysts said the dollar and euro were buoyed by easing fears over the crisis in Crimea. In Tokyo afternoon trade, the dollar bought 101.51 yen, up from 101.42 yen in New York Tuesday.

Asian stock markets shrug off Crimea vote result but safe-haven yen remains strong

HONG KONG - Asian stocks drifted Monday as investors largely shrugged off a weekend vote in which Crimeans opted to leave Ukraine and join Russia. Safe-haven assets such as the Japanese yen got a boost after preliminary results showed an overwhelming number of voters in the Ukrainian region approved splitting off and joining Russia in Sunday's vote. Final results are expected later Monday.

Asian shares mostly up but China data hits sentiment

Asian markets were mostly higher on Thursday but sentiment took a hit after China released another batch of disappointing data, adding to fears about growth in the economic giant. The euro rose to a 29-month high against the dollar, while the Australian dollar also surged against its US counterpart after Sydney reported a jump in full-time employment.
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