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  • LONDON, July 31- Gold reversed earlier losses on Friday as the dollar fell after weaker-than-expected U.S. data, but prices remained on course for their biggest monthly decline in more than two years on expectations the Federal Reserve will soon raise rates. "There is no wage inflation in the U.S. and that was the trigger for the sharp move in the euro/dollar rate,...

  • LONDON, July 31- The dollar fell by a third of a percent against the euro on Friday, the lack of decisive new direction from numbers on the U.S. economy prompting traders to take profit on its rise since Wednesday's statement by the Federal Reserve. Another 1 percent fall in Brent crude helped drive the Norwegian crown and Australian and Canadian dollars lower...

  • Euro/dollar: How low can euro go? Friday, 31 Jul 2015 | 5:20 AM ET
    Euro/dollar: How low can euro go?

    Simon Derrick, chief currency strategist at BNY Mellon, discusses future moves for the euro/dollar.

  • LONDON, July 31- The dollar steadied near a one-week high against a basket of currencies on Friday and was on track for an almost 2 percent monthly rise, with the latest U.S. growth data supporting the case for the Federal Reserve to raise interest rates this year. "Expectations of a September rate hike were probably marginally firmed up on the growth data but it...

  • Swiss central bank reports hefty 2nd-quarter loss Friday, 31 Jul 2015 | 2:41 AM ET

    BERLIN— Switzerland's central bank is reporting a hefty loss for the second consecutive quarter after its decision to drop a cap on the franc's value against the euro sent the national currency soaring higher. The Swiss National Bank said Friday it lost 20 billion francs in the April-June period, nearly 18 billion francs of that on foreign-currency positions...

  • *Kuroda has little to gain from setting yen floor-sources. TOKYO, July 31- Bank of Japan Governor Haruhiko Kuroda never intended to put a floor under the yen and, like many Japanese policymakers, would prefer to see the currency weaken further rather than bounce up sharply, sources familiar with his thinking say. While he later stressed he didn't intend to draw any "...

  • Don't put too much weight on German data: FX strategist

    Hans Redeker, global head of FX strategy at Morgan Stanley, discusses the German economy and prospects for the euro.

  • *Greenback seen supported after US GDP backs rate rise view. *Dollar index takes breather after setting 1- week high. SINGAPORE/ TOKYO, July 31- The dollar backed off from a one-week high against a basket of currencies on Friday, but was still seen on firm footing after U.S.

  • TOKYO, July 31- The dollar held near one-week highs against a basket of major currencies on Friday as investors interpreted latest U.S. The market will continue to search for more hints on whether it will come in September or later, "said Shin Kadota, chief FX strategist at Barclays in Tokyo. U.S. interest rate futures priced in a higher chance of a September rate hike,...

  • NEW YORK, July 30- The dollar touched one-week highs and shorter-term U.S. The euro fell 0.50 percent against the dollar to $1.0928, which helped the dollar index rise 0.55 percent at 97.496 after touching 97.773, its highest since July 22. "The latest GDP report confirms the Fed's narrative that the first-quarter weakness was transitory," said Ian Gordon, G10...

  • Dollar rises as US growth supports rate-hike view Thursday, 30 Jul 2015 | 3:41 PM ET

    The dollar rose to its highest level this week on Thursday after the U.S. Federal Reserve took another step towards raising interest rates.

  • Venezuela currency blues hit U.S. blue-chip companies Thursday, 30 Jul 2015 | 3:38 PM ET

    BOSTON, July 30- Venezuela's currency woes cut nearly $3 billion in profit at U.S. blue-chip companies during the second quarter and prompted Procter& Gamble Co to remove its operations in the South American country from its consolidated financial reports. More so-called deconsolidation moves and exits from Venezuela are likely to happen during the second...

  • Looking for yield? Big oil wants you Thursday, 30 Jul 2015 | 1:57 PM ET
    A BP employee uses ultrasound to scan a section of pipe along an oil transit pipeline at Prudhoe Bay oil field on Alaska's North Slope.

    Oil majors trim everything but dividends

  • NEW YORK, July 30- The dollar traded at one-week highs and shorter-term U.S. The euro fell 0.70 percent against the dollar to $1.0909, which helped the dollar index rise 0.70 percent at 97.641 after touching 97.773, its highest since July 22. The bar for them to hiking rates is not very high, "said Ian Gordon, G10 currency strategist at Bank of America Merrill Lynch in...

  • European markets close: Third day of gains Thursday, 30 Jul 2015 | 11:30 AM ET
    European markets close: Third day of gains

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including European earnings that beat expectations.

  • Fed to hike rates by year-end? Thursday, 30 Jul 2015 | 11:00 AM ET
    Fed to hike rates by year-end?

    David Bloom, global head of foreign exchange strategy at HSBC, discusses the euro/dollar and when the Federal Reserve may raise interest rates.

  • FOREX-Dollar rises as U.S. growth supports rate-hike view Thursday, 30 Jul 2015 | 10:18 AM ET

    Q2 GDP data supports view on Fed rate hike. *Greenback gains against major currencies. NEW YORK, July 30- The dollar rose to its highest level this week on Thursday as news of faster U.S. economic expansion in the second quarter supported the notion that the U.S.

  • The study-- by the Cass Business School, the Bank of England and City University Hong Kong-- used data from more than 40 stock markets, observed over 30 years. "This leaves significant returns available to investors allocating money across global stock markets when returns are measured in an investor's home currency," the Cass Business School said.

  • Cosmetics company Avon tops Street 2Q forecasts Thursday, 30 Jul 2015 | 7:51 AM ET

    NEW YORK— Avon's second-quarter earnings climbed 52 percent, beating consensus Wall Street forecasts as the cosmetics company got a boost from a drop in expenses and lower taxes that countered a currency exchange rate hit to sales. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share.

  • P&G's sales dip again on softer volume, exchange rates Thursday, 30 Jul 2015 | 7:36 AM ET

    CINCINNATI— Procter& Gamble's sales fell for the sixth straight quarter as the world's bigger consumer goods company was weighed down by softer sales volume and unfavorable currency exchange rates. Procter& Gamble, based in Cincinnati, has been trying to boost its results by cutting costs and shrinking its portfolio of products to concentrate on the 10...