Oct 2, 2013

Stock slide takes wind out of dollar

The dollar slid below ¥97.50 in Tokyo trading Wednesday on risk-averse sentiment fueled by stock price falls as well as the continued standstill in the U.S. Congress. At 5 p.m., the dollar stood at ¥97.36-38, off from ¥97.91-93 at the same time Tuesday. The ...

Oct 1, 2013

Dollar stays steady at around ¥98

The dollar erased early gains to trade slightly below ¥98 in late Tokyo trading Tuesday, pressured by a partial shutdown of the U.S. government after Congress failed to pass an emergency budget bill by midnight Monday. At 5 p.m., the dollar stood at ¥97.91-93, ...

Sep 24, 2013

Greenback remains above ¥99 line

The dollar overcame early weakness and traded above ¥99 in Tokyo trading late Tuesday as speculation grew over a wider interest rate gap between Japan and the United States following a rise in American long-term interest rates in off-hours trading. At 5 p.m., the ...

Sep 10, 2013

Stimulus hopes see dollar top ¥100

The dollar climbed above the ¥100 mark in Tokyo trading Tuesday on hopes for an economic stimulus package the government might implement alongside the consumption tax hike. At 5 p.m., the dollar was quoted at ¥100.06-07, up from ¥99.57-58 at the same time Monday. ...

Sep 4, 2013

Dollar moves tightly around ¥99.50

The dollar traded in a narrow range around ¥99.50 in Tokyo trading Wednesday as a wait-and-see mood grew ahead of closely watched economic events later this week. At 5 p.m., the dollar stood at ¥99.58-59, down from ¥99.63-67 at the same time Tuesday. The ...

Sep 2, 2013

Stock rally sends dollar atop ¥99

The dollar rose above ¥99 in Tokyo trading Monday, thanks chiefly to a rally in Tokyo stock prices amid easing concerns over an imminent military attack against Syria. At 5 p.m., the dollar stood at ¥99.33-34, up from ¥98.04-05 at the same time Friday. ...

Aug 28, 2013

Greenback briefly dips below ¥97

The dollar moved around ¥97.50 in late Tokyo trading Wednesday, cutting early losses traced to growing tensions over the Syrian situation. At 5 p.m., the dollar was at ¥97.48-50, down from ¥97.81-85 at the same time Tuesday. The euro stood at $1.3379-3380, against $1.3376-3379, ...

Aug 27, 2013

Syria worries send dollar under ¥98

The dollar fell below ¥98 in Tokyo Tuesday as risk appetite among investors weakened on lower stock prices and increasing concerns about the Syrian situation. At 5 p.m., the dollar was quoted at ¥97.81-85, down from ¥98.52-52 at the same time Monday. The euro ...

Aug 21, 2013

Dollar holds before FOMC minutes

The dollar was directionless around ¥97.50 in Tokyo trading Wednesday, with traders keenly awaiting minutes of the July meeting of the U.S. Federal Reserve’s policy-setting committee. At 5 p.m., the dollar stood at ¥97.57-59, up from ¥97.06-08 at the same time Tuesday. The euro ...

Aug 20, 2013

Fed tapering fears dampen dollar

The dollar dropped to levels slightly above ¥97 in Tokyo trading Tuesday amid growing fears that the U.S. Federal Reserve’s expected start of tapering off its quantitative easing could destabilize global financial markets. At 5 p.m., the dollar stood at ¥97.06-08, down from ¥97.60-62 ...

Jul 30, 2013

Dollar just atop ¥98 before FOMC

The dollar climbed back moderately above ¥98 in Tokyo trading Tuesday as traders retreated to the sidelines ahead of a policy-setting meeting of the U.S. Federal Reserve. At 5 p.m., the dollar stood at ¥98.13-15, up from ¥97.95-97 at the same time Monday. The ...

Jul 29, 2013

Dollar slides below ¥98 threshold

The dollar slid below ¥98 in Tokyo trading Monday, breaching the threshold for the first time since June 27, on speculation that the U.S. Federal Reserve will keep its ultraloose monetary policy in place longer than expected. At 5 p.m., the dollar stood at ...