Dollar steady ahead of meeting

Posted on Apr 26 , 2012 • 1 Comments

Dollar steady ahead of meeting The dollar was steady against other major currencies in Asian trade on Thursday as investors looked to a Bank of Japan policy meeting amid speculation of further monetary easing. The euro bought $1.3217 and 107.49 yen in Tokyo morning trade, almost flat with New York trade late Wednesday. The dollar was also little changed at 81.33 yen. The greenback was likely to move within the 81.00-81.60 yen range on Thursday as the market awaited …

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Euro steady ahead of US jobs data The euro was steady in early Asian trade Friday at the start of the Easter holiday weekend ahead of a US jobs report, after it lost ground on debt concerns over the past week. The eurozone unit bought $1.3064 and 107.58 yen in Tokyo morning trade, compared with $1.3057 and 107.52 yen in New York late Thursday. The dollar was changing hands at 82.36 yen, from 81.84 yen. "The pair of euro/dollar won't move much, but a clear break of technical …

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Euro rangebound for lack of trading pegs The euro moved narrowly in Asia on Wednesday as investors looked for fresh trading pegs. The euro bought $1.3324 and 110.64 yen, compared with $1.3315 and 110.71 yen in New York late Tuesday. The dollar edged down to 82.97 yen from 83.15 yen in New York as Japanese exporters moved to repatriate income by the end of the current fiscal year this weekend. "There hasn't been any major news for the euro here," noted Kengo Suzuki, currency …

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Yen firms on Japan trade surplus The yen strengthened against the dollar in Thursday morning trade after Japan posted an unexpected trade surplus in February, offering some hope for its plodding economy. The dollar eased to 83.13 yen before rebounding to 83.37 yen in Tokyo, still below 83.87 yen in New York late Wednesday. The euro was changing hands at $1.3227 and 110.26 yen compared with $1.3211 and 110.22 yen on Wednesday. Japan logged a trade surplus of 32.9 billion …

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Euro up in Asia after German business survey The euro firmed against major currencies in Asian trade Friday thanks to an upbeat German business confidence survey and improving investor sentiment about Greece. The common currency was trading at $1.3374 and 107.12 yen in Tokyo trade, compared with $1.3369 and 106.94 late Thursday in New York. The greenback stood at 80.11 yen in Friday trade, compared with 79.98. Noriaki Murao, a senior dealer at Bank of Tokyo-Mitsubishi UFJ in New York, said …

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Asian shares higher on dip buying Asian stocks rose on Tuesday morning thanks to bargain hunting and a positive lead from Wall Street, while Japanese stocks were supported by a stable yen-dollar. Expectations of the imminent defeat of Moamer Kadhafi by rebels in oil-rich Libya also sent crude prices lower. However, while regional equities were in the green investors remain nervous about the state of the global economy, which pushed gold prices to a record above $1,900 an ounce. …

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 US stocks fall on lower consumer debt Major US stock indices declined Wednesday after government data showed consumers were reluctant to take on more debt, and Federal Reserve Chairman Ben Bernanke hedged his bets on economic recovery. “The economy seems to have stabilized and is beginning to grow again,” Bernanke said in a speech from Dallas, Texas. “But we are far from being out of the woods.” Bernanke cited high unemployment, rampant home foreclosures and poor credit access for …

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Karan Mehra's celebrates holi after four years!! Karan Mehra was looking forward to playing holi this year but how it would start was something he hadn't imagined. A day before holi, Karan after his shoot was packing up to leave for home when the team of his show, Betiyaan Apna ya Paraya Dhan in which he plays the character of Nishaanth, asked him to wait to make some scheduling changes. And just when Karan was in deep thoughts to manage his date, they showered him with colour. Karan didn't mind …

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