Currencies Foreign Exchange

  • NEW YORK, Aug 30- The dollar rose to a three-week high against a basket of currencies, and a one-month high against the yen, on Tuesday as investors looked ahead to crucial jobs data this week for clues on when the Federal Reserve will next raise interest rates. Hawkish comments on Friday by Fed Chair Janet Yellen and Vice Chair Stanley Fischer increased...

  • The dollar hovering near a two-week high against a basket of currencies with investors focused on the next set of U.S. data.

  • Federal Reserve Chair Janet Yellen and Vice Chair Stanley Fischer left the possibility of a near-term rise in U.S. rates on the table, boosting the dollar. In contrast, the Bank of England is expected to cut its record-low interest rates further after cutting them this month and relaunching a quantiative easing program- creating new money to buy assets- in an...

  • Italian markets lead Europe at close

    CNBC's Seema Mody reports on all the market moving events in Europe today, including European banks posting gains on rate hike sentiment.

  • Fischer had said on Friday that Fed Chair Janet Yellen's speech at the global central bankers conference in Jackson Hole, Wyoming, was "consistent" with the possibility of a September hike, catapulting the dollar's value. Stock markets were mixed in thin trading, with activity in Brazilian markets especially subdued as traders monitored the Senate...

  • NEW YORK, Aug 30- The dollar strengthened on Tuesday to a two-week high against a basket of currencies as investors looked ahead to crucial jobs data this week for clues on when the Federal Reserve will next raise interest rates. Hawkish comments on Friday by Fed Chair Janet Yellen and Vice Chair Stanley Fischer have increased expectations the U.S. central bank...

  • *Japan's Suga signals action if yen strength excessive. LONDON, Aug 30- The dollar hovering near a two-week high against a basket of currencies on Tuesday with investors focused on the next set of U.S. data to see whether it supports expectations that the Federal Reserve will raise interest rates soon. Despite hawkish comments last week from both Fed Chair Janet...

  • BEIJING, Aug 30- China's leading free trade zone faces currency risks and the authorities should be cautious in opening up the capital account, the Chinese Academy of Social Sciences, a top government think tank, said on Tuesday. China set up the Shanghai free trade zone in September 2013 as a venue to pilot economic reforms, in particular in the financial sector.

  • TOKYO, Aug 30- The Bank of Japan could consider buying foreign bonds as an option to weaken the yen, if government intervention in the currency market is deemed by the United States to be exchange rate manipulation, an adviser to Prime Minister Shinzo Abe said on Tuesday. "Japan's monetary authorities should intervene in the currency market not to change the yen's...

  • TOKYO, Aug 30- The Bank of Japan could consider buying foreign bonds as an option to weaken the yen, if government intervention in the currency market is deemed by the United States to be exchange rate manipulation, an adviser to Prime Minister Shinzo Abe said on Tuesday. "Japan's monetary authorities should intervene in the currency market not to change the yen's...

  • LONDON, Aug 30- Emerging market stocks bounced on Tuesday as investors shrugged off the previous session's U.S. rate hike nerves but currencies including the rand and the lira struggled to make headway in the face of a stronger dollar. Both Asian and emerging European stock markets made decent gains, with Hong Kong up 0.8 percent, India up more than 1 percent,...

  • LONDON, Aug 30- Sterling slipped back towards $1.30 on Tuesday on divergent expectations for monetary policy, with investors increasingly betting U.S. interest rates could rise by year-end while British rates may be cut again. In contrast, the Bank of England earlier this month cut rates to a record low of 0.25 percent and relaunched asset purchases in an effort...

  • TOKYO, Aug 30- Japan's chief cabinet secretary has signaled Tokyo's readiness to intervene in the market if the yen spikes out of line with fundamentals and defended the Bank of Japan's negative interest rate policy. Yoshihide Suga, one of premier Shinzo Abe's closest aides, told Reuters in an interview on Tuesday the government will respond "appropriately" to...

  • TOKYO, Aug 30- The dollar edged up on Tuesday, but mostly took a breather as investors waited to see if U.S. employment data later this week would reinforce U.S. It traded well above Friday's session low of 94.246 plumbed before Federal Reserve Chair Janet Yellen's upbeat comments on the U.S. economy and Fed Vice Chair Stanley Fischer's remarks that interest rate...

  • TOKYO, Aug 30- Japanese Chief Cabinet Secretary Yoshihide Suga said on Tuesday the government is watching market moves carefully and is ready to respond "appropriately," when asked whether Tokyo could intervene in the currency market to stem excessive yen rises. "The Ministry of Finance, the Financial Services Agency and the BOJ now hold regular meetings on...

  • TOKYO, Aug 30- Japanese Chief Cabinet Secretary Yoshihide Suga said on Tuesday the government is watching market moves carefully and is ready to respond "appropriately," when asked whether Tokyo could intervene in the currency market to stem excessive yen rises. "The Ministry of Finance, the Financial Services Agency and the Bank of Japan now hold regular...

  • TOKYO, Aug 30- The dollar took a breather on Tuesday, as investors waited to see if U.S. employment data later this week would reinforce U.S. But it remained well off Friday's session low of 94.246. plumbed before Federal Reserve Chair Janet Yellen's upbeat comments on the U.S. economy and Fed Vice Chair Stanley Fischer's remarks that interest rate hikes were...

  • NEW YORK, Aug 29- The U.S. dollar was flat on Monday, erasing earlier gains, as investors looked ahead to jobs data this week that Federal Reserve Vice Chair Stanley Fischer has said will be important to whether the U.S. central bank raises interest rates soon. Investors have increased expectations that a hike is near since Fed Chair Janet Yellen said on Friday the...

  • Foreign exchange currencies.

    The dollar rose after senior Federal Reserve officials bolstered expectations that U.S. interest rates will rise soon.

  • NEW YORK, Aug 29- A senior HSBC Holdings Plc executive pleaded not guilty on Monday to charges that he participated in a fraudulent scheme to front-run a $3.5 billion currency transaction by one of the bank's clients. The plea on wire fraud and conspiracy charges by Mark Johnson, a British citizen who at the time of his arrest last month was HSBC's global head of...