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Dollar on defensive after soft data, battered yen under watch

REFILE-FOREX-Dollar on defensive after soft data, battered yen under watch Corrects paragraph 9 spelling of analyst's name By Brigid Riley TOKYO, July 4 (Reuters) - The dollar was on the back foot on Thursday after U.S. economic data continued to point to slowing growth, offering limited relief to the yen, which remained pinned near a 38-year low that had the market on alert for government intervention.
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Dollar on the defensive after soft data, little relief for yen

FOREX-Dollar on the defensive after soft data, little relief for yen By Brigid Riley TOKYO, July 4 (Reuters) - The dollar was on the back foot on Thursday after U.S. economic data continued to point to slowing growth, although that gave little relief to the yen, which was pinned around a 38-year low that kept the market on alert for government intervention.
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Yen drops to 38-year low, US dollar slumps after weak data

FOREX-Yen drops to 38-year low, US dollar slumps after weak data Euro hits record high vs yen Euro hits three-week high vs dollar U.S. private sector jobs rise less than expected in June U.S. weekly jobless claims increase in latest week U.S. ISM services sector reading falls in June Adds new comment in paragraphs 17-18, Fed minutes in 25, graphics; updates prices throughout By Gertrude Chavez-Dreyfuss NEW YORK, July 3 (Reuters) - The yen sank to a 38-year low against the U.S.
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Yen skids to fresh 38-year low; US dollar tumbles after weak data

FOREX-Yen skids to fresh 38-year low; US dollar tumbles after weak data Euro hits record high vs yen Euro hits three-week high vs dollar U.S. private sector jobs rise less than expected in June U.S. weekly jobless claims increase in latest week U.S. ISM services sector reading falls in June Adds new comments, bullets, U.S. data, byline, NEW YORK dateline, FX table; updates prices By Gertrude Chavez-Dreyfuss and Amanda Cooper NEW YORK/LONDON, July 3 (Reuters) - The yen s ank to a fresh 38-year lo
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FX options wrap - FX outlook, French risk, ZAR gains, yuan bets

BUZZ-FX options wrap - FX outlook, French risk, ZAR gains, yuan bets Implied volatility is under pressure in most of the major G10 currency pairs, which is consistent with low realised volatility within familiar FX ranges. The impending U.S. Thanksgiving holiday and better risk appetite/USD losses, are playing their part . Euro-related FX option premiums have almost fully retraced the significant gains that were made in the wake of the French election call in mid-June.
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FX options wrap - Elections risk, billions, JPY hedge, yuan

BUZZ-FX options wrap - Elections risk, billions, JPY hedge, yuan While French election risk premiums have eased and UK election risk premiums are small, there's been a pick up in demand for USD call options since last weeks U.S. Presidential debate helped Trump's ratings. Euro related options have seen their volatility and EUR put over call premiums lowered since the first round of French election results.
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USD/JPY set to soar despite Japan's vigilance

BUZZ-COMMENT-USD/JPY set to soar despite Japan's vigilance July 2 (Reuters) - USD/JPY looks set to climb through major psychological levels in the days and weeks ahead, despite market concerns about possible action by Japanese authorities to prevent a bigger yen slide. The dollar was supported by rising U.S. yields and the blowtorch was on low-yielding currencies on Tuesday such as China's yuan and the yen, which was pinned to its lowest since 1986 .
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French election risk to euro, according to FX options

BUZZ-COMMENT-French election risk to euro, according to FX options July 2 (Reuters) - When the French election was first called on June 9, there was a significant increase in FX option premium to reflect the volatility and directional risk to the euro, and these premiums remain a reliable bellwether. Volatility is an unknown yet key component of an FX option premium, so dealers use implied volatility as a stand-in.
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US dollar climbs to new 38-year peak vs yen; euro rises after French elections

FOREX -US dollar climbs to new 38-year peak vs yen; euro rises after French elections French election risk being unwound - analyst Yen slumps as Japan intervention risks grow U.S. manufacturing index comes in lower than expected U.S. construction spending falls Adds new comment, graphic, updates prices By Gertrude Chavez-Dreyfuss NEW YORK, July 1 (Reuters) - The U.S.
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FX options wrap - Election pricing, JPY fears, ZAR risk

BUZZ-FX options wrap - Election pricing, JPY fears, ZAR risk French elections have driven euro-related implied volatility to new long-term highs alongside EUR puts over call premiums on risk reversals, but there's been some relief selling after the first-round results. EUR/USD 1-month expiry implied volatility is back at 5.9 from 6.5 on Friday and a long-term peak at 7.75 in mid June.
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FX speculators make yen, euro views crystal clear

RPT-BUZZ-COMMENT-FX speculators make yen, euro views crystal clear Repeat with no changes July 1 (Reuters) - The yen looks set for further losses, the euro is vulnerable and the AUD may strengthen if recent ebbs and flows from FX speculators prove prescient. CFTC data on FX positioning showed the net JPY short rose by nearly a third to a nine-week high of 173,900 contracts in the three weeks ended June 25 - just before USD/JPY vaulted 160, en route to its highest level since 1986 .
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FX speculators make yen, euro views crystal clear

BUZZ-COMMENT-FX speculators make yen, euro views crystal clear July 1 (Reuters) - The yen looks set for further losses, the euro is vulnerable and the AUD may strengthen if recent ebbs and flows from FX speculators prove prescient. CFTC data on FX positioning showed the net JPY short rose by nearly a third to a nine-week high of 173,900 contracts in the three weeks ended June 25 - just before USD/JPY vaulted 160, en route to its highest level since 1986 .
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Euro rises after France's first-round vote; yen fragile

FOREX-Euro rises after France's first-round vote; yen fragile Updates prices at 0515 GMT By Rae Wee SINGAPORE, July 1 (Reuters) - The euro rose on Monday after the first round of France's snap election put the far-right in pole position, though by a smaller margin than projected, while t he yen struggled to break away from a near 38-year low . Marine Le Pen's far-right National Rally (RN) party won the first round of France's parliamentary elections on Sunday, exit polls showed, although analyst
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FX options wrap - Elections, intervention and data risks ahead

BUZZ-FX options wrap - Elections, intervention and data risks ahead Overnight expiry euro related options have seen their FX volatility risk premiums increase since expiry now includes the first round results of the impending French elections. The premium/break-even for overnight EUR/USD opened in London around 70 USD pips - a new 2024 peak . There's a clear preference to own EUR/USD downside strikes as reflected by risk reversals - their EUR put over call implied volatility premiums saw a signi
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Stand-out FX option strike expiries for the week ahead

BUZZ-COMMENT-Stand-out FX option strike expiries for the week ahead June 28 (Reuters) - The cash hedging of soon-to-expire FX option strikes can have a magnetic effect on FX price action and add to nearby support/resistance. There are some huge strikes worth noting for Friday June 28 and larger strikes for the week ahead. Stand-out EUR/USD strikes expiring on Monday are at 1.0685 on 1.3 billion euros and at 1.0700 on 2.6 billion euros.
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Huge demand for one particular French election hedge

BUZZ-COMMENT-Huge demand for one particular French election hedge June 28 (Reuters) - There has been a significant increase in premium and demand for an array of Euro related FX options since the announcement of impending French elections, but one particular trade stands out - risk reversals. Risk reversals are simple vanilla FX options that consist of a put strike set against a call strike - the right to sell a currency versus buy it.
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All roads lead to the dollar

LIVE MARKETS-All roads lead to the dollar Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com ALL ROADS LEAD TO THE DOLLAR Investors kept a close eye on the first U.S. presidential debate between Democratic President Joe Biden and his Republican rival Donald Trump in early Asian hours on Friday, as the two clashed on stage ahead of November's U.S.
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All roads lead to the dollar

MORNING BID EUROPE-All roads lead to the dollar A look at the day ahead in European and global markets from Rae Wee Investors kept a close eye on the first U.S. presidential debate between Democratic President Joe Biden and his Republican rival Donald Trump in early Asian hours on Friday, as the two clashed on stage ahead of November's U.S. election.
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Dollar hits 38-year high vs yen; US stocks rise

GLOBAL MARKETS-Dollar hits 38-year high vs yen; US stocks rise U.S. stocks end slightly higher U.S. dollar up against the yen, at 38-year high Investors on alert for yen intervention Updates to 5 p.m. ET By Caroline Valetkevitch NEW YORK, June 26 (Reuters) - The U.S. dollar on Wednesday hit i ts highest level against the Japanese yen in nearly 38 years, and investor speculation was high that authorities in Japan could intervene to strengthen the country's currency, while major U.S.
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Yen plunges to 38-year low vs dollar as markets brace for Japan intervention

FOREX-Yen plunges to 38-year low vs dollar as markets brace for Japan intervention U.S.-Japan wide rate differential one reason for yen weakness Euro climbs to 32-year peak vs yen Japan's Kanda again warns on excessive FX moves U.S. new home sales slump to six-month low Adds new comments, updates prices By Gertrude Chavez-Dreyfuss NEW YORK, June 26 (Reuters) - The yen sank to its lowest against the U.S.
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