Currencies Foreign Exchange

  • Volkswagen settles dispute with German suppliers

    CNBC's Seema Mody reports on all the market moving events in Europe today, including the Eurozone composite PMI, and Volkswagen settling a dispute with German suppliers.

  • LONDON/ TOKYO Aug 23- Japan- focused hedge funds may be ready to start nibbling at Tokyo shares again after suffering losses earlier this year by betting on a weaker yen. Though the outlook for the yen remains as murky as ever ahead of Bank of Japan and U.S. Federal Reserve policy reviews, some fund managers think Japanese stocks are looking attractive again after...

  • *Nikkei pressured as dollar declines to 100 yen. LONDON, Aug 23- World shares crept up on Tuesday while the dollar lost ground as investors awaited further clues on whether the Federal Reserve will raise U.S. interest rates this year. Early encouragement came from France where surprisingly upbeat PMI figures showed the private sector growing at its fastest pace...

  • TOKYO, Aug 23- The dollar dipped against the yen on Tuesday, while the New Zealand dollar rose after the nation's central bank chief said he did not see the need for a rapid succession of interest rate cuts. The dollar shed 0.1 percent to 100.220 against the safe-haven yen amid a pullback in Tokyo stocks. The kiwi was up 0.6 percent at $0.7308 after Reserve Bank of New...

  • Fed USD

    We're short the U.S. dollar against the yen and the euro, says JPMorgan's Sally Auld.

  • TOKYO, Aug 23- Japan's Nikkei share average slipped on Tuesday, pressured by a stronger yen and slumping oil prices, though trading was thin as investors awaited a Federal Reserve gathering later this week in Jackson Hole, Wyoming. "It is a particularly egregious vacuum of data and events ahead of Jackson Hole, with all eyes on that particular event," said Stefan...

  • *Dollar dips vs safe-haven yen amid slip by Tokyo stocks. TOKYO, Aug 23- The dollar dipped against the yen early on Tuesday, while the New Zealand dollar rose after the nation's central bank chief said he did not see the need for a rapid succession of interest rate cuts. The dollar shed 0.2 percent to 100.120 against the safe-haven yen amid a pullback in Tokyo stocks.

  • The dollar rose after comments from Fed Vice Chairman Stanley Fischer prompted bets on an interest rate hike.

  • NEW YORK, Aug 22- The U.S. dollar was mostly flat against a basket of major currencies on Monday on hesitation to make bets ahead of a speech from the Federal Reserve Chair on Friday, while comments from another top Fed official kept the greenback stable. Traders were awaiting comments from Fed Chair Janet Yellen at the central bank's annual meeting in Jackson Hole,...

  • Bulls running

    Here's more evidence this summer's stock market rally is broad-based.

  • LONDON, Aug 22- Sterling gained on Monday, after registering its strongest week in five against the dollar as a run of robust economic data suggested Britain's economy was faring better than expected following its vote to leave the European Union. The political uncertainty surrounding Brexit has darkened Britain's economic, business and investment outlook,...

  • SAO PAULO, Aug 22- Latin American stocks and currencies fell on Monday as crude prices dropped nearly 3 percent and comments from a senior U.S. Currencies from oil exporters, such as the Colombian and Mexican pesos, weakened sharply, while shares of state-controlled oil company Petróleo Brasileiro SA dragged down Brazil's benchmark Bovespa stock index.

  • *Investors await Yellen's speech at Jackson Hole. NEW YORK, Aug 22- The U.S. dollar edged higher against a basket of major currencies on Monday, a day after a top Federal Reserve official made comments perceived as hawkish, while hesitation ahead of a speech from the Fed chair on Friday capped the greenback's gains. "is trying to signal to the market that the Fed is more...

  • LONDON, Aug 22- Market bets against sterling have never been more extreme even though most indicators show Britain weathering Brexit-related uncertainty so far, leaving currency market positioning prone to adjustment that could lead to at least a temporary pound bounce. The pound has sunk to its lowest level against the dollar in over 30 years since Britain...

  • LONDON, Aug 22- Market bets against sterling have never been more extreme even though most indicators show Britain weathering Brexit-related uncertainty so far, leaving currency market positioning prone to adjustment that could lead to at least a temporary pound bounce. The pound has sunk to its lowest level against the dollar in over 30 years since Britain...

  • SAO PAULO, Aug 22- Brazilian car exports could suffer if an ongoing rally in the currency extends beyond 3.1 reais per dollar, a key industry group said on Monday, a sign manufacturers could seek government help to stay competitive in overseas markets. Still, he suggested that a 23 percent gain in the Brazilian real this year could put the brakes on shipments of...

  • LONDON, Aug 22- Sterling inched up on Monday after registering its strongest week in five against the dollar, as a run of robust economic data suggested Britain's economy was faring better than expected following its vote to leave the European Union. Some of the week's gains, however, were eroded on Friday when the currency posted its biggest one-day fall against...

  • LONDON, Aug 22- Sterling inched up on Monday after registering its strongest week in five against the dollar, as a run of robust economic data suggested Britain's economy was faring better than expected following its vote to leave the European Union. Some of the week's gains, however, were eroded on Friday when the currency posted its biggest one-day fall against...

  • The importance of Jackson Hole has been diminishing: Strategist

    Jordan Rochester, FX strategist at Nomura, talks about the upcoming Jackson Hole meeting of central bankers and discusses the dollar-yen trade

  • LONDON, Aug 22- Graham had been trying to grab some sleep at home before a busy night's work when his phone started buzzing with text messages. It was 10 p.m. on June 23, and voting had just ended in Britain's referendum on its future in the European Union. The text messages were from sales staff at the international bank where London- based Graham works as a proprietary...