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  • NEW YORK, Feb 5- The U.S. dollar rebounded against a basket of major currencies on Friday after data showed a pickup in U.S. wages in January, suggesting greater inflation and denting the view that the Federal Reserve would not hike rates at all this year. U.S. Labor Department data showed that average hourly earnings increased 12 cents, or 0.5 percent, last month,...

  • MOSCOW, Feb 5- Russia's central bank said on Friday it planned to introduce higher risk coefficients for foreign-currency loans and investments in debt instruments denominated in hard currency. In particular, the bank said it planned to raise to 1.1 the risk coefficient for forex loans to companies issued after April 1 this year as well as for investments in...

  • *Iran billing new oil contracts in euros- NIOC source. NEW DELHI, Feb 5- Iran wants to recover tens of billions of dollars it is owed by India and other buyers of its oil in euros and is billing new crude sales in euros, too, looking to reduce its dependence on the U.S. dollar following last month's sanctions relief. A source at state-owned National Iranian Oil Co told...

  • SAO PAULO/ NEW YORK, Feb 5- Gávea Investimentos Ltda, the hedge fund run by former Brazilian central bank president Arminio Fraga, is doubling down on contrarian bets on Mexico's currency and against Brazil's, a sign that disparities between Latin America's two biggest economies will grow faster. Gávea also kept bets against the currencies of Thailand, South...

  • *On track for worst week since May 2009. LONDON, Feb 5- The dollar inched up from a 2-1/ 2- month low on Friday but was on track for its heaviest weekly loss since 2009, as investors awaited U.S. employment data for justification of the view that the Federal Reserve will not raise rates in 2016.. Commerzbank currency strategist Thulan Nguyen, in Frankfurt, said a weak...

  • BEIJING, Feb 5- China will continue to crack down on illegal foreign exchange activities but won't revert back to "old road" of capital controls, an official of the country's foreign exchange regulator said. The remarks were made by Pan Gongsheng, head of the State Administration of Foreign Exchange, at a meeting with Andrew Rashbass, CEO of Euromoney...

  • This is China’s next market hurdle Friday, 5 Feb 2016 | 2:16 AM ET

    China has struggled to shore up the yuan amid hefty capital outflows. Reserves data over the weekend may offer a glimpse of the challenge's severity.

  • FOREX-Dollar nurses losses as payrolls report looms Thursday, 4 Feb 2016 | 7:09 PM ET

    TOKYO, Feb 5- The dollar steadied in Asian trading on Friday but remained on track for weekly losses, as investors braced for U.S. employment figures later in the session for the latest clues on the outlook for the Federal Reserve's monetary tightening path. "The charts suggest the short dollar/yen trade is still the advantageous trend trade, but with the non-farm...

  • *Currency touches strongest level since Dec. 11 at C $1.3640. The currency has rallied 7 percent since Jan. 20, when it hit its weakest level since 2003 at C $1.4689, helped by expectations that the Bank of Canada will not cut rates in the near term. A more dovish European Central Bank, the recovery in oil prices and stabilization in stocks have given the rally added...

  • No traction for dollar after Fed rates collapse Thursday, 4 Feb 2016 | 3:20 PM ET

    The dollar was on the defensive after a collapse in hopes of a further rise in U.S. interest rates this year drove its biggest daily fall.

  • NEW YORK, Feb 4- The U.S. dollar extended its plunge against major currencies on Thursday as traders sharply unwound bullish bets against the greenback on continued skepticism that the Federal Reserve would be able to hike interest rates this year. The euro rose more than 1 percent to its highest in 15 weeks at $1.12390 against the dollar, while the dollar fell...

  • The most endangered dividends in the market Thursday, 4 Feb 2016 | 2:33 PM ET
    Conoco Phillips Eagle Ford Shale Drilling Rig in Texas

    Bob Pisani discusses dividend ETFs and the varying amounts of energy exposure.

  • RIYADH, Feb 4- A devaluation of Saudi Arabia's currency could cause such political instability that Riyadh has little choice but to stick to its promise to use vast foreign exchange reserves to defend the riyal's 30- year-old peg to the U.S. dollar. It would be catastrophic, "said John Sfakianakis, a Riyadh- based economist. Some diplomats living in Saudi Arabia say...

  • Weak dollar pummels European markets Thursday, 4 Feb 2016 | 11:30 AM ET
    Weak dollar pummels European markets

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including how the weak U.S. dollar has hurt European mining and materials stocks.

  • *Graphic on UK inflation, rate: http://reut.rs/1SDRz9w. FRANKFURT, Feb 4- The world's top central banks have all but given up hope of returning to conventional monetary policy soon with many touting rate cuts, raising the risk of competitive currency devaluations and doubts they can meet their mandates. Federal Reserve and the Bank of England had expected to...

  • NEW YORK, Feb 4- The U.S. dollar extended its plunge against major currencies on Thursday as traders sharply unwound bullish bets against the greenback on continued skepticism that the Federal Reserve would be able to hike interest rates this year. The euro hit its highest level in over 3-1/ 2 months against the dollar of $1.12390, while the dollar hit a two-week...

  • SAO PAULO, Feb 4- Latin American currencies rallied on Thursday on bets that the U.S. Federal Reserve could take longer than anticipated to raise interest rates amid global financial turmoil. "If financial turmoil drives the Fed to delay a rates increase, this would turn out to be good for us," said Marcos Trabbold, a trader at B&T brokerage in São Paulo.

  • LONDON, Feb 4- Market expectations for euro exchange rates over the next three months flipped on Wednesday into positive territory for the first time since 2012, a headache for euro zone officials hoping for a boost to growth from a weaker currency. That follows signals from European Central Bank chief Mario Draghi that it was ready to ease policy further in a...

  • LONDON, Feb 4- The dollar was back on the defensive in morning trade in Europe after a collapse in expectations of a further rise in U.S. interest rates this year drove its biggest daily fall in over two months on Wednesday. The triggers then were a weak batch of U.S. sentiment data and New York Fed President William Dudley's warning that a weakening outlook for the...

  • BEIJING, Feb 4- China's foreign exchange reserves remain abundant despite recent declines and risks from cross-border capital movements are under control, the country's foreign exchange regulator said on Thursday. "China's foreign exchange reserves remain abundant, as the ratio between outstanding short-term foreign debt and foreign exchange reserves...