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  • LONDON, Feb 11- Sterling fell to a 15- month low against a basket of currencies on Thursday, as investors fretted about slowing global growth prospects and their impact on the UK economy, with some pricing in risks of an interest rate cut in Britain. Interest rate markets are not pricing in a Bank of England rate hike until 2020. Sterling was down 0.5 percent against...

  • The Plymouth, Minnesota- based company also reported fourth-quarter profit that fell less than expected, and announced a $75 million share repurchase program. Its shares jumped nearly 5 percent in early trading on the New York Stock Exchange. Falling currency values against the U.S. dollar have lowered production costs 17 percent in Canada, where Mosaic's...

  • NEW YORK, Feb 11- The U.S. dollar fell to a 15- month low against the yen on Thursday, on track for its worst week against the Japanese currency since 2008, as fears of a global economic slowdown and conerns about stress in the banking system, increased demand for safe-havens. The U.S. dollar was down 0.85 percent against the yen midmorning in New York, falling to 112.38...

  • FOREX-Yen surge prompts speculation BoJ may intervene Thursday, 11 Feb 2016 | 8:58 AM ET

    *Gives back some gains on speculation Japan will intervene. *Japan& China both shut for public holidays. LONDON, Feb 11- The yen racked up its strongest weekly gains since the 2008 financial crisis on Thursday before recoiling sharply on speculation officials may soon step in to stem a flood of capital seeking the traditional safety of Japan.

  • MOSCOW, Feb 11- Russia's central bank Governor Elvira Nabiullina said on Thursday the central bank did not intend to change its policy of having a floating exchange rate and that artificially influencing the exchange rate could have negative consequences. Senior financial officials told Reuters earlier authorities were discussing the possibility of...

  • LONDON, Feb 11- Sterling fell to a 15- month low against a basket of currencies on Thursday, diving almost 3 percent against the safe-haven yen, as nervous investors fretted about global growth and were pricing in a chance of a interest rate cut in Britain. Interest rate markets are not pricing in a Bank of England rate hike until 2020. Sterling was down 0.9 percent...

  • *Wall Street expected to open down 1.7 percent. *Hong Kong shares lead Asia equity markets lower. LONDON, Feb 11- The dollar hit a 16- month low against the yen on Thursday and headed for its worst week since the Lehman crisis as investors scrambled for relative safety, buying up gold and top-rated bonds and dumping stocks.

  • *Japan& China shut for public holidays. LONDON, Feb 11- The yen jumped 2 percent to its strongest in 15 months against the dollar on Thursday in another wave of global capital flows into the traditional security of Japan, raising expectations of official intervention to cool the currency's rise. "We got to 8 a.m. this morning and it just hit in a wave," said Richard Benson,...

  • *Japan& China shut for public holidays. SINGAPORE/ SYDNEY, Feb 11- The dollar hit a 15- month low against the yen on Thursday after comments from Federal Reserve Chair Janet Yellen gave investors no reason to change their minds that the next rate hike will be a long time coming. As a result, the dollar set a 15- month low of 112.28 yen as of 0717 GMT, its lowest level since...

  • Hong Kong shares lead Asia equity markets lower. "In some ways it is reminiscent of 2008 with tightening credit markets, bank shares under pressure and worries central banks are powerless," said Shane Oliver, head of investment strategy at AMP Capital, though he suspects markets are overly pessimistic this time. The flight from risk told on most Asian shares, with...

  • Bass: China bank crisis 5X worse than subprime Wednesday, 10 Feb 2016 | 11:51 PM ET
    Kyle Bass

    China's banks face a credit crisis with potential losses 400 percent larger than U.S. banks' losses during the subprime crisis, Kyle Bass said.

  • FOREX-Dollar slips in wake of Yellen testimony, yen climbs Wednesday, 10 Feb 2016 | 10:26 PM ET

    *Japan& China shut for public holidays. SINGAPORE/ SYDNEY, Feb 11- The dollar hit a 15- month low against the yen on Thursday after comments from Federal Reserve Chair Janet Yellen gave investors no reason to change their minds that the next rate hike will be a long time coming. "The idea that you will be okay if you buy the dollar since the United States alone will be...

  • *Hong Kong shares lead Asia equity markets lower. "In some ways it is reminiscent of 2008 with tightening credit markets, bank shares under pressure and worries central banks are powerless," said Shane Oliver, head of investment strategy at AMP Capital, though he suspects markets are being overly pessimistic this time. The flight from risk told on Asian shares, with...

  • Dollar extends drop, hits fresh 15-month low vs yen Wednesday, 10 Feb 2016 | 8:02 PM ET

    SINGAPORE, Feb 11- The dollar hit a fresh 15- month low versus the yen on Thursday after comments from Federal Reserve Chair Janet Yellen the previous day gave investors no reason to change their minds that the next rate hike will be a long time coming. The dollar fell to as low as 112.66 yen as of 0058 GMT, its lowest level since November 2014. The greenback was last...

  • *Japan& China shut for public holidays. SYDNEY, Feb 11- The dollar was broadly lower early on Thursday after comments from Federal Reserve Chair Janet Yellen gave investors no reason to change their minds that the next rate hike will be a long time coming. As a result, the dollar came within a whisker of 113.00 yen, reaching a low not see since November 2014.

  • Dollar hits 15-month low versus yen after Yellen Wednesday, 10 Feb 2016 | 3:42 PM ET

    The dollar fell to a 15-month low against the yen on Wednesday as investors packed into the safe-haven Japanese yen.

  • NEW YORK, Feb 10- The dollar fell to a 15- month low against the yen on Wednesday as investors packed into the safe-haven Japanese currency, backing away from earlier optimism that the Federal Reserve would continue to raise interest rates. Investors perceived dovishness on the part of Federal Reserve Chair Janet Yellen, who testified before the House...

  • *Dollar rises after Yellen comments indicate rate hike still possible. NEW YORK, Feb 10- The dollar rose on Wednesday, climbing from nearly four-month lows against a basket of major currencies, after prepared remarks from Federal Reserve Chair Janet Yellen suggested that the U.S. central bank had not taken a March interest rate increase off the table.

  • LONDON, Feb 10- The dollar struggled to climb off 3-1/ 2- month lows on Wednesday as worries over a global economic slowdown weighed and traders waited for more tips on the likely course of U.S. interest rates from Federal Reserve Chair Janet Yellen. Despite a shock move from the Bank of Japan to adopt negative interest rates two weeks ago, the yen hit a 15- month high...

  • NEW YORK, Feb 10- Guggenheim Partners is launching a new fixed-income exchange-traded fund on Wednesday, bringing its approach to risk management to a roiling corporate bond market. "The world of fixed-income today is becoming a risk-off market," said Anne Walsh, one of the funds' other portfolio managers, who said China's currency could devalue further and oil...