Jul 18, 2013

Dollar follows Tokyo stocks higher

The dollar rose above ¥100 in Tokyo on Thursday, gathering upward momentum in the afternoon as Japanese stocks expanded gains. U.S. Federal Reserve Chairman Ben Bernanke’s congressional testimony Wednesday provided no surprise to market players, traders said. At 5 p.m., the dollar was quoted ...

Jul 18, 2013

Nikkei rises to two-month high on weaker yen

The Nikkei 225 average rose Thursday for the fifth straight session and ended at a two-month high thanks to comforting congressional testimony by U.S. Federal Reserve Chairman Ben Bernanke and a weaker yen. The Nikkei closed up 193.46 points, or 1.32 percent, at 14,808.50, ...

Jul 17, 2013

Dollar up ahead of Fed remarks

The dollar rose above ¥99.60 in Tokyo late Wednesday after moving without direction in a cautious environment ahead of congressional testimony by U.S. Federal Reserve Chairman Ben Bernanke. At 5 p.m., the dollar was quoted at ¥99.68-70, up from ¥99.59-60 at the same time ...