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FX Update

ASIA FX: US Dollar Stuck in Tight Ranges Before Payrolls Data

SINGAPORE, Sept. 3 (MNI) - The U.S. dollar traded sideways within narrow ranges in Asia Friday, as players waited for the release of tonight's U.S. non-farm payrolls data for August.

The FX market started the session with tinge of risk aversion this morning, although modest gains in some of the region's main stock markets managed to partly counter that, keeping major currency pairs confined near their opening levels.

ASIA FX: US Dollar Weakens Vs Yen, Up Slightly on Euro

SINGAPORE, Sept. 2 (MNI) - The U.S. dollar was slightly weaker against the yen but firmer on the euro in the Asian morning Thursday, as yen crosses and major FX pairs eased back from overnight highs despite higher regional stocks keeping risk sentiment elevated.

In Asia-Pacific stocks, Japan's Nikkei 225 index ended the morning session up 1.22% at 9,035.72 while China's Shanghai Composite Index closed the morning up 0.94% at 2,647.64.

FXWRAP: Dollar Mixed On Fresh Surge Of Optimism

By Dennis Pettit

NEW YORK, Sept 1 (MNI) - The dollar ended the Wednesday session about unchanged vs. the euro, though after suffering losses overnight, while racking up slight gains vs the yen as a fresh wave of optimism swept through financial markets.

Euro-dollar was changing hands at $1.2800 in quiet afternoon dealings Wednesday, essentially unchanged from its early level of the U.S. session and after trading in a relatively narrow $1.2785/1.2856 U.S. hours range, the euro up sharply from late Tuesday levels in New York at $1.2678.

ASIA FX: US Dollar Consolidates Early Gains, Off High Vs Yen

SINGAPORE, Sept. 1 (MNI) - The U.S. dollar consolidated early gains versus the yen in Asia Wednesday and ended the session off its high against the Japanese currency as the euro broke higher in late trade, against a backdrop of improving risk sentiment.

Asia-Pacific bourses were mostly higher today, contributing to the generally better appetite for risk, although trade flows were limited. Japan's Nikkei 2225 index ended the day up 1.17% at 8,972.02 while the Shanghai Composite Index spent most of the day in positive territory before closing down 0.60% at 2,622.88.

ASIA FX: US Dollar Mixed, Up Slightly Vs Yen as Crosses Gain

SINGAPORE, Sept. 1 (MNI) - The U.S. dollar witnessed another mixed session in Asia Wednesday, marking slight gains against the yen but losing some ground on the euro against a backdrop of improving risk sentiment, while regional stocks managed to squeeze out small gains.

Asia-Pacific bourses were mostly higher this morning, contributing to the generally better appetite for risk, although trade flows were limited. Japan's Nikkei 2225 index closed the morning session up 0.52% at 8,869.74 while the Shanghai Composite Index ended the morning up 0.14% at 2,642.38.

FXWRAP: Dollar Mixed As Month-End Flows Cause Choppy Dealings

By Dennis Pettit

NEW YORK, Aug 31 (MNI) - The dollar was holding about unchanged vs. the euro while slipping slightly vs. the yen in a choppy session dominated by month-end flows and thin trading conditions.

Euro-dollar was changing hands at $1.2670 in afternoon dealings Tuesday, virtually unchanged from its early level of the session but in the lower end of the day's $1.2660/1.2744 U.S. hours range.

Dollar-yen meantime was trading at Y84.00 in afternoon dealings as that pair also held near its low of the day after seeing a Y83.83/84.61 U.S. session range.

ASIA FX: US Dollar Weakens Vs Yen, Risk Sentiment Worsens

SINGAPORE, Aug. 31 (MNI) - The U.S. dollar traded mixed in Asia Tuesday, marking further losses against the yen as players brushed off yen intervention concerns while weakness in regional stocks weighed on risk sentiment and yen crosses.

In Asia-Pacific stocks, Japan's Nikkei 225 index ended the morning session down 2.59% at 8,912.33 while China's Shanghai Composite Index closed the morning down 0.47% at 2,640.29.

FXWRAP: Dollar Mixed As Stocks Slip, Yen Consolidates Gains

By Dennis Pettit

NEW YORK, Aug 30 (MNI) - The U.S. dollar racked up slight gains vs. the euro Monday while holding steady vs. the yen, on a day of muted flows ahead of month-end and a market inclined to digest overnight developments impacting the yen.

Euro-dollar was changing hands at $1.2663 in afternoon dealings Monday, the euro in the lower reaches of the day's $1.2660/1.2715 U.S. hours range. The euro began the day around $1.2705 before drifting slowly lower throughout the session.