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Currencies Foreign Exchange

  • *Global stocks at record, Asia ex- Japan index hits 9-1/ 2- yr high. *Strong earnings propel Wall Street to close at all-time highs. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.15 percent, hovering near its highest level since December 2007.

  • TOKYO, July 20- The euro held near a 14- month high against the dollar on Thursday as investors look to hints from the European Central Bank on tapering of its stimulus, while the yen braced for news from the Bank of Japan's policy meeting. ECB President Mario Draghi opened the door to policy tweaks in a speech in Sintra, Portugal, in late June, leading to expectations...

  • *Canadian dollar at C $1.2593, or 79.41 U.S. cents. *Loonie touches its strongest since May 2016 at C $1.2578. The loonie touched its strongest level since early May 2016 at C $1.2578.

  • *EUR, JPY gains may influence central bank decisions. *Dollar hits more than three-week low vs yen. NEW YORK, July 19- The U.S. dollar rose against the euro on Wednesday a day after touching a more than one-year low, but it hit a more than three-week low against the yen as traders awaited meetings of the European Central Bank and the Bank of Japan.

  • Digital display signs on the exterior of the headquarters of Morgan Stanley in New York's Times Square.

    Beyond just trading of stocks and bonds, there's a much more important growth engine emerging.

  • *EUR, JPY gains may influence central bank decisions. *Dollar hits more than 3- week low vs yen. NEW YORK, July 19- The U.S. dollar recovered some losses against the euro on Wednesday after touching a more than one-year low in the prior session, but hit a more than three-week low against the yen as traders awaited European Central Bank and Bank of Japan meetings.

  • LONDON, July 19- Borrowing costs in the euro area dipped on Wednesday, with investor sentiment underpinned by a view that subdued inflation and a stronger euro mean the European Central Bank is unlikely to signal significant policy tweaks when it meets this week. ECB chief Mario Draghi is expected to use Thursday's meeting to calm market expectations of a...

  • FiREapps' Wolfgang Koester: Dollar drop more good news than bad news for corporate profits

    Discussing the impact of volatility in the U.S. dollar on quarterly earnings and stocks with Wolfgang Koester, FiREapps CEO.

  • The data shows that "the goods sector is delivering the goods for the Canadian economy," Avery Shenfeld, chief economist at CIBC Capital Markets, said in a research note. The gap between Canada's 2- year yield and its U.S. equivalent narrowed by 1.8 basis points to a spread of -14.1 basis points, its narrowest since Aug. 18. The narrower spread came after the Bank of...

  • LONDON, July 19- Gold steadied just above $1,240 an ounce on Wednesday as the dollar's recovery from 10- month lows dampened upward momentum in the metal after three straight sessions of gains. The U.S. currency edged up 0.2 percent against the euro on Wednesday but stayed on the defensive as investors wagered any further tightening in the United States would be...

  • LONDON, July 19- The dollar held near a 10- month low against an index of other currencies on Wednesday as the chances of U.S. rate increase seemed to dwindle but investors remained wary of pushing it lower before major central bank meetings. Both the European Central Bank and the Bank of Japan meet this week, and market watchers will be looking to see if the recent...

  • LONDON, July 19- Borrowing costs in the euro area dipped on Wednesday, with investor sentiment underpinned by a view that the ECB is unlikely to signal significant policy tweaks when it meets this week, given subdued inflation and a stronger euro. European Central Bank chief Mario Draghi is expected to use Thursday's meeting to calm market expectations of a...

  • LONDON, July 19- Gold slipped back below $1,240 an ounce on Wednesday as the dollar's recovery from 10- month lows dampened upward momentum in the metal after three straight sessions of gains. The U.S. currency edged up 0.2 percent against the euro on Wednesday but stayed on the defensive as investors wagered any further tightening in the United States would be...

  • LONDON, July 19- Sterling slipped back towards $1.30 on Wednesday, adding to falls the previous day after weak inflation data poured cold water on expectations that the Bank of England will hike rates this year. Having priced in a more than 50- percent chance of a 2017 hike before the data, investors are now pricing in only around a 40- percent chance, according to...

  • LONDON, July 19- The U.S. dollar hovered near a 10- month low against a basket of currencies on Wednesday but investors were wary of pushing it lower before major central bank meetings. Both the European Central Bank and the Bank of Japan are meeting this week and market watchers are wary that the recent strength in the euro and the yen may prompt them to strike a...

  • LONDON, July 19- Borrowing costs in the euro area dipped on Wednesday, with investor sentiment supported by a view that the ECB is unlikely to signal significant policy tweaks when it meets this week, given subdued inflation and a stronger euro. European Central Bank chief Mario Draghi is also expected to use Thursday's meeting to calm market expectations of a...

  • *Current dollar-yen levels above what Japan Inc expects- analyst. TOKYO, July 19- Japanese stocks edged up in choppy trade on Wednesday, with buying in defensive stocks offsetting worries about the impact of a stronger yen as the U.S. dollar flounders. "The current dollar-yen level is still above what most manufacturers expect this year, which is 108.80 yen," said...

  • TOKYO, July 19- The dollar nursed losses on Wednesday after skidding to a 10- month low against a currency basket as Republican legislators' failure to pass a stalled healthcare bill raised fears for the rest of President Donald's Trump reform agenda. Republican efforts to overhaul or repeal Obamacare collapsed in the U.S. Senate on Tuesday, rattling financial...

  • Republican efforts to overhaul or repeal Obamacare collapsed in the U.S. Senate on Tuesday, rattling financial markets and casting doubt on the chances of getting Trump's economic plans, such as tax reform and stimulus, through a divided Congress. The euro was steady on the day at $1.1549, after rising as high as $1.1583 on Tuesday, its highest since May 2016.

  • *Canadian dollar at C $1.2622 or 79.23 U.S. cents. The currency traded between C $1.2581, its strongest level since early May 2016, and C $1.2702 during the session. "I think that threshold may be acting as an opportunity to close out or at least take some profit on some short USD/CAD positions," said Mazen Issa, senior FX strategist at TD Securities in New York, adding...