Currencies Foreign Exchange

  • TOKYO, Sept 23- The dollar gained in Asian trading on Friday but was on track to end a tumultuous week with losses after the Federal Reserve trimmed its long-term interest rate expectations and the Bank of Japan rebooted its monetary policy framework. The 100- yen level remains a key technical point, and a break of that could open the pair's downside, said Yutaka...

  • The dollar was mixed after a Fed meeting that balanced hints of a rise in interest rates this year with cuts in the longer term outlook.

  • LONDON, Sept 22- Sterling rebounded from a five-week low against the dollar on Thursday after a Bank of England policymaker said she saw no case for a further cut in interest rates to boost the economy following Britain's vote to leave the European Union. But they followed upbeat comments from new MPC member Michael Saunders on Wednesday, who said Britain's...

  • ECB: Europe will remain alert and ready to act

    CNBC's Seema Mody reports on all the market moving events in Europe today, including Denmark's Maersk to split into two companies.

  • SAO PAULO, Sept 22- Latin American stocks and currencies rallied for a second day on Thursday as traders doubled down on bets that the U.S. "This could trigger strong inflows into emerging markets," said Tarcísio Rodrigues, head of currency trading with Brazil's Banco Paulista. Shares of Brazilian state-controlled oil company Petróleo Brasileiro SA advanced,...

  • *Dollar falls broadly after Fed cuts 2017, 2018 rate view. NEW YORK, Sept 22- The dollar fell to its lowest in a week against a basket of major currencies on Thursday as investors sold the greenback following a writedown of longer-term interest rate expectations from the Federal Reserve. "On one hand the Fed looks like it will raise rates in December... and on the...

  • LONDON, Sept 22- The dollar fell to its lowest in a week against the euro but recovered some ground against the yen on Thursday after the U.S. "The announcement constitutes a' hawkish hold'," said Kit Juckes, a strategist with Societe Generale in London. The euro gained 0.4 percent to $1.1229, its highest since Friday and taking it firmly back into the middle of a $1.09-...

  • *Egypt reserves expected to exceed $25 billion by year-end. CAIRO, Sept 22- Egypt is rebuilding its foreign reserves with the help of loans and aid, easing a shortage of dollars and preparing the way for a loosening of its fixed exchange rate. Egypt has struggled to earn dollars since a 2011 revolt drove away tourists and foreign investors.

  • SHANGHAI, Sept 22- China is planning to allow qualified foreign institutions to borrow and lend on the interbank foreign currency market to help meet their financing needs, the China Foreign Exchange Trade System said in an online statement on Thursday. China's central bank has already allowed some foreign institutions to participate in the onshore...

  • LONDON, Sept 22- A dovish U.S. Federal Reserve message gave emerging markets renewed impetus on Thursday, pushing the benchmark equity index to two-week highs while currencies firmed, led by the South African rand hitting one-month highs. "Our view has been that both the BOJ and the Fed would be non-events and people would come back to buy," said David Hauner head of...

  • LONDON, Sept 22- The dollar fell to its lowest in a week against the euro but recovered some ground against the yen on Thursday, after a U.S. But there were also already three votes for a rise in rates on the Fed's policymaking committee and the start of the European day brought the dollar back into positive territory, up 0.2 percent from Wednesday's close in New York...

  • TOKYO, Sept 22- Japan's top currency diplomat said on Thursday that Japanese financial authorities are watching for speculative currency market moves and would respond if needed. Asakawa spoke following a meeting, held on a public holiday, that involved the finance ministry, Financial Services Agency and the Bank of Japan. At the meeting, there was discussion...

  • LONDON, Sept 22- Sterling rebounded from a five-week low against the dollar on Thursday, boosted by renewed weakness in the greenback after the Federal Reserve kept monetary policy steady and projected a less aggressive path for rate hikes in coming years. That low was not far from a three-decade trough of $1.2798 struck in early July, shortly after Britain's...

  • BEIJING, Sept 22- China will crack down on illegal activities to keep its foreign exchange markets stable, the country's forex regulator said on Thursday. Xu Weigang, an official with the State Administration of Foreign Exchange, made the comments during a regular news conference on forex regulations and policies in Beijing. Guo Song, another SAFE official, said...

  • *Dollar/yen hits lowest level in nearly 4 weeks. *Fed signals less aggressive rate rises in coming years. SINGAPORE, Sept 22- The dollar stumbled to a near 4- week low against the yen on Thursday, after the U.S.

  • *Dollar nurses losses after Fed keeps interest rates unchanged. SINGAPORE, Sept 22- The dollar hit a near 4- week low against the yen on Thursday after the U.S. The dollar fell 0.2 percent to 100.15 yen and touched a low of 100.12 yen at one point, its lowest level since Aug. 26.

  • Japanese Yen

    The dollar extended losses against a basket of major currencies after the U.S. Federal Reserve left monetary policy unchanged.

  • SAO PAULO, Sept 21- Latin American stocks and currencies extended gains on Wednesday after the U.S. That's good news for Brazil but traders are currently more focused in local fiscal prospects and the possibility of rate cuts at home, "said Coinvalores strategist Paulo Nepomuceno. Mexico's finance minister said there was no decision yet on whether the...

  • LONDON, Sept 21- Worries and uncertainty over the impact of Britain's looming exit from the European Union drove sterling to another five-week trough below $1.30 on Wednesday as investors awaited the outcome of September's meeting of the U.S. Since plumbing a three-decade low of $1.2798 in early July, shortly after Britain's referendum on EU membership, the...

  • Fed@ SAO PAULO, Sept 21- Latin American stocks and currencies mostly rose on Wednesday ahead of a U.S. interest rate decision, as the Bank of Japan overhauled its policies after years of unprecedented money printing proved ineffective. The Brazilian real firmed 0.6 percent to its strongest in more than a week, while Mexico's IPC index advanced for a second day as...