Dollar firms to around ¥109.80 in Tokyo but limited by virus fears
The dollar was a shade firmer around ¥109.80 in late Tokyo trading Friday, though its upside was limited by unabated concerns about the novel coronavirus. At 5 p.m., the dollar stood at ¥109.78-78, up from ¥109.72-73 at the same time Thursday. The euro was at ...
The dollar stood almost unchanged at around ¥109.40 in lackluster Tokyo trading Monday. At 5 p.m., the dollar stood at ¥109.39-43, up marginally from ¥109.37-37 at the same time Friday. The euro was at $1.1083-1084, down from $1.1117-1117, and at ¥121.23-23, down from ¥121.59-59. The dollar ...
The dollar was little changed around ¥109.50 in Tokyo trading Friday amid a lack of fresh incentives during the U.S. Thanksgiving holiday on Thursday. At 5 p.m., the dollar stood at ¥109.50-50, compared with ¥109.41-41 at the same time on Thursday. The euro was at ...
Morgan Stanley ousts forex traders amid probe over concealed losses
Morgan Stanley fired or placed on leave at least four traders over an alleged mismarking of securities that concealed losses of between $100 million and $140 million, according to people with knowledge of the matter. Morgan Stanley is investigating the suspected mismarking, which was linked ...
We may be facing a textbook emerging-market crisis
Argentina and Turkey look like outliers but the rot could spread fast.
Goldman sees yuan gaining in reserves at expense of dollar and yen
China's currency is set to take an increasing share of world foreign-exchange reserves, with the dollar and yen having to make the most room proportionally for the newcomer on the block, according to Goldman Sachs Group Inc. An acceleration in foreign inflows into Chinese fixed ...
The dollar was weaker below ¥111.20 in late Tokyo trading Monday, though it recovered some ground in line with brisk Japanese stocks. At 5 p.m. the dollar stood at ¥111.15, down from ¥111.39 at the same time Friday. The euro was at $1.1599, up from ...
Dollar firms around ¥110.30 in Tokyo trading as U.S. softens China stance
The dollar was firmer around ¥110.30 in late Tokyo trading Thursday as the United States eased its trade rhetoric on Chinese investment. At 5 p.m., the dollar stood at ¥110.33-33, up from ¥109.72-73 at the same time Wednesday. The euro was at $1.1561-1561, down from ...
Why global speculators love the yen
The yen's extremely high sensitivity to global events is a serious problem for Japan.
The dollar was weaker around ¥109 in Tokyo trading late Tuesday, dragged down by a plunge in stocks. At 5 p.m., the dollar stood at ¥109.01-01, down from ¥109.91-91 at the same time on Monday. The euro was at $1.2395-2396, down from $1.2439-2440, and at ...
Weak currencies: Be careful what you wish for
Beyond the short term, the disadvantages of a weak currency begin to loom larger.
Trump's tough talk on China may be a positive for the greenback
One clear takeaway from Chinese President Xi Jinping's speech at the World Economic Forum in Davis was that U.S. President Donald Trump has him on the defensive.
