Currencies Foreign Exchange

  • The dollar was range-bound in illiquid Asian trade as currencies tread water ahead of the global central bankers' gathering in Jackson Hole.

  • U.K.'s ITV withdraws bid to buy 'Peppa Pig' owner

    CNBC's Sara Eisen reports on all the market moving events in Europe today, including European stocks falling on weaker German business sentiment, and U.K.'s ITV withdrawing a bid to buy 'Peppa Pig' owner.

  • SAO PAULO, Aug 25- Latin American stocks and currencies seesawed on Thursday as traders avoided big bets ahead of U.S. Also fostering caution in Brazilian markets was suspended President Dilma Rousseff's trial at the Senate, which was widely expected to permanently confirm her impeachment. A final vote is likely to confirm her vice president Michel Temer as...

  • LONDON, Aug 25- Sterling edged down from a three-week high against the dollar on Thursday but traded just above $1.32, with worries over the economic impact of Britain's vote to leave the European Union having eased a touch after better-than-expected data. "Although economic data from the UK economy has displayed signs of stability, consequently questioning...

  • LONDON, Aug 25- Emerging markets enjoyed some respite on Thursday in line with a pause in the dollar, though the rand stayed under pressure after hefty losses caused by an apparent power struggle between the South African presidency and treasury. Most of the attention was on South Africa, however. Gordhan's efforts at the treasury are seen as key to preserving...

  • LONDON, Aug 25- Sterling traded close to a three-week high against the dollar on Thursday and was on track for its best week in six, with worries over the economic impact of Britain's vote to leave the European Union easing a little after recent better-than-expected data. "The pound continues to trade on a firmer footing, in the near-term supported by the easing of...

  • TOKYO, Aug 25- The dollar was range-bound in illiquid Asian trade on Thursday as major currencies continued to tread water ahead of the global central bankers' gathering in Jackson Hole, Wyoming, at which Federal Reserve Chair Janet Yellen may offer new clues on U.S. monetary policy. Fed officials including Vice Chairman Stanley Fischer and New York Fed...

  • TOKYO, Aug 25- The dollar bobbed higher in Asian on Thursday but major currencies continued to tread water ahead of the global central bankers' gathering in Jackson Hole, Wyoming, at which Federal Reserve Chair Janet Yellen may offer new clues on U.S. monetary policy. Futures markets on Wednesday were indicating an 18 percent chance the U.S. central bank would hike...

  • NEW YORK, Aug 24- The dollar rose on Wednesday in thin trading, helped by data the previous day showing a surge in U.S. new home sales, but gains were capped by uncertainty ahead of Federal Reserve Chair Janet Yellen's speech at a central bankers' conference on Friday. Late on Wednesday, futures markets assigned an 18 percent chance the Fed would hike rates at its...

  • Investors focused on a gathering of central bankers for clues on when the U.S. Federal Reserve will hike interest rates again.

  • Emerging market stocks retreated 1 percent, led by political risk-driven losses in South Africa and Turkey, while broader sentiment was dented by a revival of U.S. rate rise expectations. On a light day for data, investors' nerves may have been soothed by signs that the anticipated economic seizure in Britain- and beyond- from the shock vote in June to leave the...

  • European stocks rise, led by bank sector rally

    CNBC's Seema Mody reports on all the market moving events in Europe today, including Glencore dragging down the miners after its first half results.

  • NEW YORK, Aug 24- The dollar rose on Wednesday in thin trading, helped by data the previous day showing a surge in U.S. new home sales, although gains were capped by uncertainty ahead of a meeting of central bankers on Friday. Policymakers from across the globe will gather at the U.S. mountain resort of Jackson Hole at the end of the week, where the focus lies squarely on a...

  • LAGOS, Nigeria— Nigeria's Central Bank has banned nine local banks from trading in foreign exchange, accusing them of withholding $2.1 billion in government funds and "round-tripping" to profit from a devalued naira currency. The Central Bank on Tuesday said it would punish banks accused of withholding the money belonging to the state oil company that was to be...

  • LONDON, Aug 24- European stocks edged toward consecutive daily gains for the first time in three weeks on Wednesday, drawing support from a weak euro as investors moved to price in a U.S. interest rate rise, boosting the dollar. Some observers said that, on a light day for data, investors' nerves may have been soothed by signs that the anticipated economic seizure in...

  • Japanese Yen

    The Japanese yen has been a star performer in 2016, and everyone is wondering where this currency goes next.

  • *Focus on Yellen speech at Jackson Hole on Friday. Policymakers from across the globe will gather in the U.S. mountain resort of Jackson Hole at the end of the week, where the focus lies squarely on a speech by Fed Chair Janet Yellen. A raft of U.S. housing data due later in the day was not seen as likely to move the dollar much ahead of the all-important Jackson Hole...

  • *Focus on Yellen speech at Jackson Hole on Friday. The main focus remained on the global central banks that will gather in the U.S. mountain resort of Jackson Hole later this week, where Fed Chair Janet Yellen will give a speech on Friday. "We're so focused on what guidance we might or might not get on Friday that we're really just drifting around in these ranges at the...

  • SAO PAULO, Aug 23- Mexico's peso deepened losses on Tuesday after Standard& Poor's cut the country's sovereign credit outlook to negative, while other Latin American currencies weakened following strong U.S. housing data ahead of Fed Chair Janet Yellen's speech Friday. Mexico's peso weakened for the fifth straight session to its worst level in two weeks after...

  • HONG KONG, Aug 24- China's yuan bounced back to be the fifth most-active currency for global payments in July, thanks to a big fall in payments in other currencies, global transaction service provider SWIFT said on Wednesday. Nearly 40 percent of yuan payments by South African institutions were offshore payments exchanged with countries other than China/ Hong...