Currencies Foreign Exchange

  • LONDON, Sept 30- Sterling stayed below $1.30 on Friday and was on track for a fifth consecutive quarter of losses- the currency's worst run since 1984.. The pound plunged to a 31- year low after Britain voted to leave the European Union, falling as low as $1.28 early in the third quarter, having already weakened in the run-up to the June referendum on worries about its...

  • LONDON, Sept 30- Sterling stayed below $1.30 on Friday and was on track for a fifth consecutive quarter of losses- the currency's worst run since 1984.. The pound plunged to a 31- year low after Britain voted to leave the European Union, falling as low as $1.28 early in the third quarter, having already weakened in the run-up to the June referendum on worries about its...

  • LONDON, Sept 30- Sterling stayed below $1.30 on Friday and was on track for a fifth consecutive quarter of losses- the currency's worst run since 1984.. The pound plunged to a 31- year low after Britain voted to leave the European Union, falling as low as $1.28 early in the third quarter, having already weakened in the run-up to the June referendum on worries about its...

  • LONDON, Sept 30- The euro dropped to a two-month low against the safe-haven Swiss franc and lost ground broadly on Friday, as concerns about the health of Deutsche Bank weighed on the single currency and undermined risk appetite across global markets. The Swiss franc was also bolstered by expectations that Middle Eastern investment houses could pull out money...

  • China stunned markets by devaluing the currency last year and has since allowed the yuan to weaken to near six-year lows, adding to worries about already feeble global growth. Some China watchers also fear that Beijing's commitment to further market opening and financial sector reforms will fade after its diplomatic success. While recognizing "enormous"...

  • BEIJING, Sept 30- The outstanding amount of China's dollar-denominated Qualified Foreign Institutional Investor programme rose to $81.74 billion at end-September, from $81.48 billion in August, the foreign exchange regulator said on Friday.

  • Asian markets are cementing their positions as global financial hubs by snagging business away from larger peers.

  • TOKYO, Sept 30- The Japanese yen looks set to log its third straight quarter of gains on Friday, while the Swiss franc held firm as concerns about the health of Deutsche Bank undermined investor risk appetite. The yen, often seen as a safe-haven currency, rebounded as global share prices slipped on worries about Deutsche Bank, under pressure from a massive fine the...

  • NEW YORK, Sept 29- The U.S. dollar hit a more than one-month low against the Swiss franc and trimmed gains against the yen on Thursday on concerns over Deutsche Bank, while increased expectations for a December Federal Reserve rate hike kept the greenback generally afloat. U.S.-listed shares of Deutsche Bank, which is fighting a $14 billion U.S. demand to settle...

  •  Deutsche Bank, NYSE

    You might be wondering why a single headline on DB is sparking a sector-wide selloff.

  • 100 dollar bills

    The U.S. dollar hit an eight-day high against the yen on Thursday on reduced appetite for the safe-haven currency.

  • *Oil company shares add to gains after OPEC deal. NEW YORK, Sept 29- Energy shares buoyed global stocks on Thursday as crude prices added to the previous session's gains on optimism over a plan among OPEC members to curb output. The expected agreement lifted the currencies of crude-producing countries like Norway and Canada overnight while the safe-haven...

  • NEW YORK, Sept 29- The U.S. dollar hit an eight-day high against the yen on Thursday on reduced appetite for the safe-haven currency a day after OPEC agreed to cut oil output, while easing concerns surrounding the European banking sector helped the euro gain. OPEC agreed on Wednesday to modest oil output cuts in the first such deal since 2008, with the group's...

  • LONDON, Sept 29- Sterling slipped to trade around $1.30 on Thursday, on lingering expectations that the Bank of England might further ease monetary policy in coming months. Sterling was a tad weaker at $1.3005, having struck a five-week low of $1.2915 on Sept. 23, its lowest since mid-August. Investors worry that an exit from Europe's single market, triggered by the...

  • *Commodity currencies benefit from OPEC output cut deal. LONDON, Sept 29- The dollar hit an eight-day high against the safe-haven yen on Thursday after an OPEC deal to cut oil output spurred a move into riskier assets, though questions over the efficacy of the agreement left the greenback off its earlier highs. The currencies of oil-exporting countries such as...

  • LONDON, Sept 29- Sterling held steady above $1.30 on Thursday, supported by improved risk appetite in global markets, although expectations that the Bank of England might further ease monetary policy in coming months checked gains. Sterling was flat at $1.3025, having struck a five-week low of $1.2915 on Sept. 23, its lowest since mid-August.

  • *Commodity currencies benefit from OPEC output cut deal. LONDON, Sept 29- The dollar rose 1 percent against the safe-haven yen on Thursday to hit an eight-day high as investors moved into riskier assets following an OPEC deal to cut oil output. The currencies of oil-exporting countries such as Canada and Norway surged after the deal late on Wednesday, but were all...

  • TOKYO, Sept 29- The dollar extended gains versus the yen on Thursday, 1 percent on the day to 101.73 yen as the Japanese currency slipped on the back of recovery in risk appetite after OPEC unexpectedly agreed to trim production.

  • TOKYO, Sept 29- Japan's Nikkei share average rose more than 1 percent on Thursday as investors cheered a weakening yen and rallying oil prices after OPEC's surprise deal to trim crude output. The Nikkei stock index ended up 1.4 percent, or 228.31 points, at 16,693.71. The dollar and the euro each soared about 0.9 percent against the Japanese currency.

  • DOLLAR/YEN RISES 1 PERCENT ON DAY.