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Yen Touches Four-Month Low as Kuroda Pledges to Hold Down Yields

The yen touched a four-month low as Bank of Japan Governor Haruhiko Kuroda said he’ll do his utmost to restrict a rise in long-term yields.

Euro Holds Gain Versus Peers Before ECB; Aussie Drops on Jobs

The euro held yesterday’s gain against most major peers before European Central Bank policy makers meet today amid speculation the region’s economy isn’t fragile enough to warrant an interest-rate cut.

India's New Central Bank Chief Unexpectedly Lifts Key Rates

India's central bank unexpectedly lifted its benchmark repo rate by a quarter point to contain inflation, while also partially reversing some of the emergency measures taken recently to support the rupee after the Federal Reserve postponed the tapering of bond purchases.

Pound Little Changed Versus Dollar After U.K. House-Price Report

The pound was little changed versus the dollar and euro after an industry report showed U.K. house prices increased this month.

IMF Chief Says Global Growth Remains Subdued

International Monetary Fund Chief Christine Lagarde said global economic growth remains subdued despite signs of recovery taking hold in the U.S., emphasizing the point that economies are moving at different speeds.

Aussie Rises to Four-Month High as Inflation Surpasses Estimate

Australia’s dollar climbed to a four-month high after data showed inflation quickened more than forecast in the third quarter, damping speculation the central bank will ease policy.

Dollar Drops Versus Euro, Yen as Summers Withdraws From Fed Race

The dollar dropped to its lowest in more than two weeks versus the euro as the exit of former Treasury Secretary Lawrence Summers from the race to lead the Federal Reserve damped expectations for an early halt to expansionary monetary policy.

Aussie Halts 8-Day Gain as Technical Indicator Signals Reversal

Australia’s dollar halted an eight-day advance as a technical gauge signaled the currency was poised for a reversal.

Australian Dollar Jumps To Fresh Record High Against Euro

The Australian dollar extended late Asian session's uptrend against its major counterparts in early European trading on Wednesday.

Yen Weakens After Trade Data as Asian Stocks Advance

The yen weakened against all of its major peers after Japan’s exports trailed estimates while Asian stocks climbed to a five-month high as investors weighed the timing of a reduction in Federal Reserve stimulus. Copper fell.

Aussie Heads For 5th Weekly Gain As Global Easing Boosts Demand

Australia’s dollar headed for a fifth weekly gain, the longest winning streak since February, on prospects a new round of global monetary stimulus will keep economic recovery from faltering.

Aussie Holds Drop as N.Z. Dollar Weakens Amid U.S. Shutdown Woes

The Australian dollar remained lower after a decline yesterday, while its New Zealand peer fell as demand for higher-yielding assets waned amid concern the U.S. government shutdown will hamper global growth.

Euro Falls Before Industries Data, Spanish Debt Sales

The euro weakened against the yen and the dollar after German services contracted in May, adding to speculation the European Central Bank will cut interest rates to a record tomorrow.

Dollar Near Eight-Month Low Versus Euro on Shutdown Impasse

The dollar was 0.2 percent from a eight-month low versus the euro as the U.S. government’s partial shutdown continued, adding to concern it will slow economic growth and postpone a tapering of monetary stimulus.

Asian Currencies Advance After U.S. Factory Data Tops Estimates

Asian currencies rose, led by South Korea’s won and India’s rupee, after U.S. factory orders topped estimates, tempering concern global economic growth is slowing.

Dollar, Yen Hold Gains as U.S. Budget Talks Spur Haven Appeal

The yen and dollar held gains versus most major peers as stocks in Asia and the U.S. dropped amid concern over budget talks that risk a federal government shutdown, sparking demand for haven currencies.

U.S. Dollar Advances To 2-day High Against Pound

The U.S. dollar continued its recent gains against the pound and reached a 2-day high of 1.5651 in early Wednesday European deals at 3:55 am ET.

Dollar Drifts Higher

The US dollar is generally firm, though gains against the antipodeans and sterling are somewhat larger. These were the currencies that had been the strongest last week and stalling of upside momentum, rather than fresh fundamental developments, appear to be the major catalyst.

Australian Dollar Rises to Two-Month High on Retail Sales

Australia’s dollar gained to a two- month high as a government report showed retail sales rose in May, adding to signs that the economy is resilient.

Ringgit Has Best Weekly Advance Since 1998 on Fed; Bonds Climb

Malaysia’s ringgit posted its biggest weekly advance since the 1998 Asian financial crisis after the Federal Reserve unexpectedly refrained from cutting stimulus that’s spurred demand for emerging-market assets.

Ruble Strengthens as Oil Rebounds on Global Stimulus Speculation

The ruble strengthened as oil, Russia’s chief export earner, rose on speculation central banks from Europe to China may ease monetary policy to bolster economic growth, boosting demand.