Dollar stoops to three-year low, euro shakes off Merkel coalition concerns

The dollar fell to a three-year low against its peers on Wednesday, losing its earlier bounce as the euro edged back after shaking off a setback to Chancellor Angela Merkel’s chances of forging a “grand coalition” in Germany. The dollar index against a basket of six major currencies last...

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Dollar up vs. yen as concerns ease over China U.S. bond stance

The dollar edged higher against the yen on Thursday after comments by China’s foreign exchange regulator eased concerns that China may reduce its buying of U.S. government bonds. The dollar rose 0.2 percent to 111.70 yen JPY=, pulling away from a six-week low of 111.27 yen on Wednesday. China’s foreign...

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Euro rally loses steam, dollar firms slightly versus yen

The euro languished on Tuesday after slipping from last week’s high as investors were cautious after a months-long rally, while the dollar firmed against the yen though a lack of catalysts tempered its momentum. The euro EUR= traded at $1.1968, having slipped 0.5 percent on Monday, its largest daily drop since...

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Asia stocks saunter toward historic high, U.S. earnings hurdle

Asian shares crept toward all-time peaks on Monday after Wall Street boasted its best start to a year in over a decade, with brisk economic growth and benign inflation proving a potent cocktail for risk appetites. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS added 0.2 percent having...

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