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Dollar rallies in Asia on upbeat US data

The dollar rallied against the yen in Asia Friday on the back of mixed US data, while weak eurozone manufacturing pressured the euro. In afternoon Tokyo trade, the greenback rose to 102.60 yen from 102.32 yen in New York Thursday, in tandem with a three percent rally for Tokyo's Nikkei stock index. The euro also rose to 140.73 yen against 140.37 yen in US trade, while it was unchanged at $1.3718, after a key measure of eurozone business activity weakened slightly.

Chile's Larrain says recent peso depreciation 'healthy'

By Rosalba O'Brien and Anthony Esposito SANTIAGO (Reuters) - The recent weakening of the Chilean peso is "healthy" and the top copper exporter's economy is among the best-placed in the emerging world to face a withdrawal of stimulus by the U.S. Federal Reserve, Finance Minister Felipe Larrain said in an interview on Thursday.

Yen gains in Asia after poor retail sales data

Currency traders moved into the yen in Asia on Friday after weaker-than-expected US retail sales data sparked more questions about the health of the world's biggest economy. In Tokyo afternoon trade, the greenback fetched 101.76 yen, weakening from 102.15 yen in New York Thursday afternoon. The euro bought $1.3677 and 139.21 yen, from $1.3678 and 139.74 yen. Data published Thursday showed that US retail sales fell unexpectedly in January, but some economists blamed bad winter weather in part for the drop.

Dollar slips in Asia ahead of US sales data

The dollar slipped in Asia Thursday ahead of the release of US retail sales data seen as key to gauging the strength of the world's biggest economy. In afternoon Tokyo trade, the greenback bought 102.06 yen, from 102.50 yen in New York Wednesday. The euro fetched $1.3608 and 138.92 yen, against $1.3593 and 139.33 yen, after dovish comments from a European Central Bank (ECB) board member. With few trading cues, attention turned to the January US sales data later Thursday after poor jobs figures cast doubt on the strength of the US recovery.

Dollar firms ahead of jobs data

The dollar edged up in Asia on Thursday as investors await the release of key US jobs data and a European Central Bank (ECB) policy meeting. The greenback bought 101.61 yen in Tokyo afternoon trade, compared with 101.49 yen in New York Wednesday afternoon. The euro also drifted to $1.3520 from $1.3536 as investors weigh the likelihood of an ECB interest rate cut later Thursday to boost eurozone growth. Against the Japanese currency, the euro stayed flat at 137.38 yen

Dollar rebounds from Wall St losses

The dollar rose in Asian trade on Tuesday after suffering a sell-off in New York in response to unexpectedly weak US manufacturing data that raised concerns about the world's number one economy. The greenback bought 101.24 yen, up from 100.94 yen late in New York but well down from 102.31 yen in Tokyo earlier Monday. The euro was mixed at $1.3507 and 136.75 yen, from $1.3529 and 136.58 yen in US trade.

Euro rises in Asia after inflation data tumble

The euro bounced back against the yen on Monday after suffering a sell-off last week in response to weak eurozone data that fuelled speculation of an interest rate cut by the European Central Bank (ECB). In afternoon Tokyo trade, the euro rose to 137.96 yen from 137.61 yen in New York Friday, its lowest level since early December, while it held steady at $1.3484 against $1.3487. The dollar strengthened to 102.31 yen from 102.03 yen.

Dollar firms in Asia, Turkish lira edges up

The dollar made up a little of its lost ground in Asian trade Thursday afternoon after falling when the US central bank said it would continue to scale back its bond-buying programme. The greenback firmed to 102.40 yen, compared with 102.25 yen in New York Wednesday afternoon and against 103.25 yen in Asia on Wednesday, before the Fed announcement. The move sent Tokyo stocks tumbling more than three percent Thursday before recovering slightly to end down 2.45 percent.

Dollar firms in Asia, Turkish lira edges up

The dollar made up a little of its lost ground in Asian trade Thursday afternoon after falling when the US central bank said it would continue to scale back its bond-buying programme. The greenback firmed to 102.40 yen, compared with 102.25 yen in New York Wednesday afternoon and against 103.25 yen in Asia on Wednesday, before the Fed announcement. The move sent Tokyo stocks tumbling more than three percent Thursday before recovering slightly to end down 2.45 percent.

Asian shares rise, emerging market fears ease

Asian markets rose on Wednesday following Wall Street's lead, as tensions over emerging markets eased and ahead of a Federal Reserve decision on its stimulus programme. Tokyo stocks jumped 2.70 percent, or 403.75 points, to 15,383.91 as the dollar climbed and confidence rose after the central banks of India and Turkey increased interest rates, countering a sell-off in their currencies. Seoul rose 1.26 percent, or 24.22 points, to 1,941.15 and Sydney finished 1.04 percent, or 53.9 points, higher at 5,229.0.
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