Yen helped by steep drop in U.S. Treasury yields
Bitcoin falls below $30,000 for first time in a month
TOKYO, July 20 (Reuters) - Safe-harbour currencies like the yen and dollar traded near multi-month highs against the riskier Australian dollar and British pound on Tuesday, as fears grow that a rampant coronavirus variant could upend the global economic recovery.
Cryptocurrencies also sank, with bitcoin falling below $30,000 for the first time in about a month.
The yen traded at 80.09 per Aussie dollar , close to the more-than-five-month high of 80.05 touched on Monday. It stood at 149.48 to the pound , approaching the almost-three-month top of 149.35 reached overnight.
Euro weak ahead of ECB s policy review announcement
Yen firm vs dollar with 10-year Treasury yield at 1.3%
Aussie, Kiwi retreat in face of dollar strength
TOKYO, July 8 (Reuters) - The dollar traded near its highest in three months versus major peers on Thursday after minutes of the Federal Reserve s June policy meeting confirmed the world s biggest central bank is moving toward tapering its asset purchases as soon as this year.
The dollar index , which measures the greenback against six rivals, edged up to 92.759 after touching 92.844 overnight for the first time since April 5.
Fed officials said substantial further progress on economic recovery was generally seen as not having yet been met, although participants expected progress to continue and agreed they must be ready to act if inflation or other risks materialize, according to the minutes of the Federal Open Market Committee (FOMC) s June policy meeting released Wednesday.
FOREX-Dollar firm near 3-month high after Fed minutes affirm taper timeline Reuters 19 hrs ago By Kevin Buckland No surprises as Fed says economic progress still needed Euro weak ahead of ECB s policy review announcement Yen firm vs dollar with 10-year Treasury yield at 1.3% Aussie, kiwi retreat in face of dollar strength Loonie, Norwegian crown slip as oil prices decline By Kevin Buckland TOKYO, July 8 (Reuters) - The dollar hovered near a three-month high versus major peers on Thursday after minutes of the Federal Reserve s June policy meeting confirmed the world s biggest central bank is moving toward tapering its asset purchases as soon as this year. The dollar index, which measures the greenback against six rivals, was little changed at 92.687 from Wednesday, when it touched 92.844 for the first time since April 5. Fed officials said substantial further progress on economic recovery was generally seen as not having yet been met
Kevin Buckland
6 minute read
A U.S. Dollar banknote is seen in this illustration taken May 26, 2020. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo
Summary
Euro weak ahead of ECB s policy review announcement
Yen firm vs dollar with 10-year Treasury yield at 1.3%
Aussie, kiwi retreat in face of dollar strength
Loonie, Norwegian crown slip as oil prices decline
TOKYO, July 8 (Reuters) - The dollar hovered near a three-month high versus major peers on Thursday after minutes of the Federal Reserve s June policy meeting confirmed the world s biggest central bank is moving toward tapering its asset purchases as soon as this year.
Reuters
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Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking/File Photo
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Graphic: World FX rates https://tmsnrt.rs/2RBWI5E
TOKYO, June 29 (Reuters) - The dollar hovered below a two-month high versus major counterparts on Tuesday, with traders largely sidelined ahead of a closely watched U.S. jobs report, which could sway the timing of an exit from Federal Reserve stimulus.
The dollar index , which tracks the greenback against a basket of six major currencies, was at 91.884 early in the Asian session after retreating from as high as 92.408 on June 18, in the week the Federal Open Market Committee shocked markets by predicting two interest rate hikes by end-2023.