Dollar resilient after Fed largess, China data eyed
SYDNEY - The dollar held off a one-month low against a basket of major currencies on Thursday, no worse for wear even after the Federal Reserve delivered another dash of monetary stimulus and said it was ready to do more if necessary.
Asian Shares struggle, commodities down as Fed disappoints
SINGAPORE - Asian stocks outside Japan slipped and commodities fell broadly on Thursday after the Federal Reserve ramped up monetary stimulus by expanding "Operation Twist" but disappointed some investors who had been hoping for more aggressive measures.
Sterling near 1-month high vs dollar ahead of Fed decision
LONDON - Sterling hit a one-month high against a softer dollar on Wednesday as perceived riskier currencies were bolstered by expectations of more easing by the U.S. Federal Reserve.
Sterling boosted by BoE decision not to increase QE
LONDON - Sterling rose to a one-week high against the dollar on Thursday after the Bank of England opted not to extend its asset purchasing programme and China unexpectedly cut interest rates, boosting riskier currencies.
Japan breaks recent silence on FX, ready to act if needed
TOKYO - Japan's top financial diplomat Takehiko Nakao on Friday broke a recent spell of silence from domestic authorities on foreign exchange, saying strength in the yen did not reflect economic fundamentals and that the government would respond to currency moves appropriately.
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