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Currencies Foreign Exchange

  • TORONTO, March 24- The Canadian dollar weakened on Friday against its U.S. counterpart as tame domestic inflation dampened pressure on the Bank of Canada to turn more hawkish, while CFTC data showed a sharp swing by speculators to bearish bets against the loonie. Canada's annual inflation rate dipped to 2.0 percent in February from 2.1 percent in January.

  • NEW YORK, March 24- The dollar pulled back from near a four-month low against the Japanese yen on Friday, and was on pace to snap an eight-day losing streak against the safe-haven currency, after Republicans killed their bill to overhaul the U.S. healthcare system. Republican leaders of the U.S. House of Representatives pulled legislation to overhaul the U.S....

  • The dollar edged up against the yen on Friday, recovering from its worst run of daily losses versus the safe-haven currency since 2010.

  • NEW YORK, March 24- The dollar hovered around a four-month low against the Japanese yen on Friday, ahead of a vote in Washington on new healthcare legislation that some investors view as a litmus test of whether U.S. The dollar weakened slightly after Republicans in Congress said they lacked the votes to pass their proposed U.S. healthcare system overhaul, and a...

  • LONDON, March 24- Sterling fell against the dollar and euro on Friday, retreating from the previous session's one-month highs, as investors braced for Britain beginning the formal process of leaving the European Union next week. An interview with Bank of England policymaker Gertjan Vlieghe in The Times on Friday also laid out an argument for not raising...

  • NEW YORK, March 24- The dollar steadied near a four-month low against the yen on Friday, ahead of a vote in Washington on new healthcare legislation that some investors view as a litmus test of whether U.S. "It's just really coming down to what happens in Congress," said Mazen Issa, senior FX strategist at TD Securities in New York. On Friday, the dollar was up 0.14 percent...

  • LONDON, March 24- Big bond funds are becoming increasingly reluctant to lend to the euro zone's weakest members, looking past a crowded electoral calendar to an eventual winding down of the European Central Bank's ultra-loose monetary policy. In recent months, the funds have been hiking the premiums they demand to buy bonds from highly-indebted southern...

  • TORONTO, March 24- The Canadian dollar weakened on Friday against its U.S. counterpart as tame domestic inflation data dampened pressure on the Bank of Canada to turn more hawkish, offsetting the impact of higher oil prices. Canada's annual inflation rate dipped to 2.0 percent in February from 2.1 percent in January, Statistics Canada said.

  • MOSCOW, March 24- Foreign exchange purchases carried out on behalf of Russia's finance ministry cannot have a substantial impact on the rouble's exchange rate against other currencies, Governor Elvira Nabiullina said on Friday.

  • LONDON, March 24- The dollar steadied against the yen on Friday after its worst run of daily losses versus the safe-haven currency since 2010, but gains were capped by worries that U.S. Though the dollar was flat on the day at just under 111 yen on Friday, it has still fallen over 3 percent over the past fortnight-- its worst showing since early August 2016-- as the...

  • LONDON, March 24- Sterling fell against the dollar and euro on Friday, retreating from the previous session's one-month highs, as investors braced for Britain's beginning the formal process of leaving the European Union next week. An interview with Bank of England policymaker Gertjan Vlieghe in The Times also laid out the argument for the Bank looking through...

  • LONDON, March 24- The dollar edged up against the yen on Friday, recovering from its worst run of daily losses versus the safe-haven currency since 2010, but gains were capped by worries that U.S. And though the dollar edged up 0.2 percent to 111.19 yen on Friday, it has still fallen over 3 percent over the past fortnight-- its worst showing since early August 2016-- as...

  • TOKYO, March 24- The dollar edged up against the yen and euro on Friday, pulling away from recent lows, but gains were capped as investors focused on a showdown between U.S. Postponement of the vote from Thursday initially knocked the dollar and stock markets, but the dollar was given breathing space as Treasury yields turned higher after Wall Street shares...

  • TOKYO, March 24- The dollar was on the back foot early Friday when voting on the Trump administration's landmark healthcare bill was postponed, casting doubt on President Trump's ability to close political deals. The vote on the bill, which was expected to be a early legislative win for Trump, was seen by investors across a spectrum of asset classes as a litmus test...

  • *Canadian dollar ends at C $1.3351, or 74.90 U.S. cents. "Traders are looking for further direction from either the oil market or from the equity market and risk appetite as Trump and the Republicans try to pass their healthcare bill," said Scott Smith, chief market strategist, associate portfolio manager at Viewpoint Investment Partners. Prices of oil, one of...

  • BUENOS AIRES, March 23- Argentine Finance Minister Luis Caputo said demand for Swiss franc bonds had exceeded the 400 million Swiss francs the country sold on Thursday, and that the timing of a return to the global bond markets would depend on the advice of banks. Argentina plans to sell $10 billion in bonds on the international market this year.

  • *U.S. healthcare vote key test for Trump in Congress. Republican healthcare plan seen as a litmus test of President Donald Trump's ability to pass key policies such as tax cuts through Congress. "It's really the big focal point as we sit here today," said Bill Northey, chief investment officer at the private client group of U.S. Bank in Helena, Montana.

  • The dollar held under $1.08 per euro for a second day on Thursday as investors awaited a vote on Republican health care plans.

  • A trader on the floor of the New York Stock Exchange.

    If the House vote fails, that's a clear negative for the markets and would lower the chances for tax reform.

  • *Obamacare replacement vote key test for Trump in Congress. President Donald Trump's ability to legislate in Congress and deliver on tax and spending promises. "Today, more than anything, the U.S. House vote is what people are looking at," said Alvise Marino, FX strategist at Credit Suisse in New York.