Yuan Hits Seven-Month High Against Dollar
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The yuan surged to a seven-month high against the US dollar Friday in offshore forwards markets on speculation that China may be preparing to loosen tight currency controls.
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The euro hit a record high against the  yen on Thursday and approached this week's all-time peak versus  the dollar, underpinned by concerns over the U.S. current  account deficit.
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The euro set a record high against the  dollar for the fifth session running on Wednesday and tested  last year's lifetime high against the yen as investors' bearish  views of the U.S. currency dominated markets.
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The dollar hit a two-month high against  the euro on Tuesday as expectations grew that Federal Reserve  officials speaking later may add to recent signals that the  United States could accelerate the pace of interest rates  increases.
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The dollar hovered above 7-month lows  against the yen, pressuring shares in Japanese exporters, but  stocks elsewhere in Asia neared a 5-year high as upbeat  earnings from Hewlett-Packard boosted tech stocks.
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Sterling rose to its highest level since July against the dollar.
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The yen held near a five-year high versus  the dollar on Monday following comments by European Central  Bank (ECB) officials last week seen as urging China to revalue  its yuan currency.
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The euro scaled an all-time high against the yen on Thursday, with the market betting on further euro strength against other major currencies on deep-rooted worries about the US trade and budget deficits.
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Renewed concern about the U.S. trade  deficit pushed the dollar to a 7-month low against the yen and  a 7-year low against the South Korean won on Monday, while  strength on Wall Street drove Asian shares higher.
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The dollar fell to a seven-month low versus the yen and hovered just above a record low against the euro Monday as it resumed its slide amid concerns about the US ability to fund its current account gap.
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THE dollar opened stronger today as some commodity-based trading helped pushed the domestic unit higher. At 7am AEST the local unit was trading at $US0.
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The dollar climbed to six-week highs  against the yen on concern over the impact of high crude prices  on the oil-dependent Japanese economy.
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China's currency hits its highest level high against the dollar in over a year, ahead of a US-China trade meeting.
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The yen hit a seven-week high against  the euro and held near a one-week peak versus the dollar after  this week's comments by the European Central Bank's chief  economist urging Asia to share the burden of the dollar  weakness.
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The pound hit a seven-day high against the dollar on Thursday as it continued to benefit from a Bank of England statement which dampened speculation that the central bank will slash interest rates in February.
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The dollar dropped to within half a cent of this week&#39;s record low against the euro and hit 7-1/2-month lows on the yen on Friday as traders took the view that world finance
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Persistent concern about the U.S.  trade deficit pushed the dollar to a 7-month low against the  yen and a 7-year low against the South Korean won on Monday,  while strength on Wall Street drove Asian shares higher.