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  • NEW YORK, Feb 4- The U.S. dollar extended its plunge against major currencies on Thursday as traders sharply unwound bullish bets against the greenback on continued skepticism that the Federal Reserve would be able to hike interest rates this year. The euro hit its highest level in over 3-1/ 2 months against the dollar of $1.12390, while the dollar hit a two-week...

  • SAO PAULO, Feb 4- Latin American currencies rallied on Thursday on bets that the U.S. Federal Reserve could take longer than anticipated to raise interest rates amid global financial turmoil. "If financial turmoil drives the Fed to delay a rates increase, this would turn out to be good for us," said Marcos Trabbold, a trader at B&T brokerage in São Paulo.

  • LONDON, Feb 4- Market expectations for euro exchange rates over the next three months flipped on Wednesday into positive territory for the first time since 2012, a headache for euro zone officials hoping for a boost to growth from a weaker currency. That follows signals from European Central Bank chief Mario Draghi that it was ready to ease policy further in a...

  • LONDON, Feb 4- The dollar was back on the defensive in morning trade in Europe after a collapse in expectations of a further rise in U.S. interest rates this year drove its biggest daily fall in over two months on Wednesday. The triggers then were a weak batch of U.S. sentiment data and New York Fed President William Dudley's warning that a weakening outlook for the...

  • BEIJING, Feb 4- China's foreign exchange reserves remain abundant despite recent declines and risks from cross-border capital movements are under control, the country's foreign exchange regulator said on Thursday. "China's foreign exchange reserves remain abundant, as the ratio between outstanding short-term foreign debt and foreign exchange reserves...

  • FOREX-No traction for dollar after Fed rates collapse Thursday, 4 Feb 2016 | 4:24 AM ET

    LONDON, Feb 4- The dollar was back on the defensive in early trade in Europe after a collapse in expectations of a further rise in U.S. interest rates this year drove its biggest daily fall in over two months on Wednesday. Another warning by European Central Bank chief Mario Draghi that the bank would not hesitate in doing what was necessary to get inflation back to...

  • SHANGHAI, Feb 4- China's foreign exchange regulator on Thursday relaxed foreign currency management rules under the Qualified Foreign Institutional Investor scheme, in an effort to further open the domestic capital market. The upward investment limit for QFIIs would be raised, while the quota approval procedures would be simplified, the State...

  • European shares get energy boost, Credit Suisse slumps Thursday, 4 Feb 2016 | 3:17 AM ET

    LONDON, Feb 4- European equities bounced back in early trading on Thursday, with commodities-related shares surging after a sharp decline in the U.S. currency that made dollar-priced crude oil and metals cheaper for holders of other currencies. The dollar fell heavily after New York Fed President William Dudley said financial conditions were considerably...

  • TOKYO, Feb 4- Bank of Japan Governor Haruhiko Kuroda said the central bank was not engaging in a currency war by adopting negative interest rates, stressing that the move was aimed at stimulating the economy through lower borrowing costs. "As with the Federal Reserve, the European Central Bank or any other major central bank, the BOJ doesn't target exchange rates...

  • TOKYO, Feb 4- The dollar nursed hefty losses against the yen and euro on Thursday after tumbling overnight when a top Federal Reserve official tempered expectations on the timing of future U.S. interest rate increases. The U.S. currency took a beating on Wednesday after New York Fed President William Dudley said financial conditions were considerably tighter...

  • TOKYO, Feb 4- The dollar nursed hefty losses against the yen and euro on Thursday after tumbling overnight when a top Federal Reserve official tempered expectations on the pace of future U.S. interest rate increases. The U.S. currency took a beating on Wednesday after William Dudley, president of the Federal Reserve Bank of New York, said financial conditions are...

  • Dollar tumbles as U.S. data suggest dovish Fed Wednesday, 3 Feb 2016 | 5:02 PM ET

    The yen rose on Wednesday as weaker stock markets in Europe spurred investors to buy safe haven assets.

  • Is there a banking crisis in the US? Wednesday, 3 Feb 2016 | 3:15 PM ET
    Trader looking at information on monitor

    I get why there is concern in Europe, but I don't at all get the selloff in U.S. banks.

  • European markets close after weak data Wednesday, 3 Feb 2016 | 11:30 AM ET
    European markets close after weak data

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including falling retail sales in the euro zone.

  • NEW YORK, Feb 3- The dollar hit its lowest level against the euro since last October and wiped out recent gains against the Japanese yen on Wednesday amid growing skepticism that the Federal Reserve would be able to hike U.S. interest rates again this year. The euro rose over 1 percent against the dollar to hit $1.10810, its highest level since Oct. 28, while the...

  • *Loonie f'cast at C $1.42 in 1 month, C $1.40 in 6 months. *Loonie to rise modestly to C $1.37 in 12 months. The poll of 45 foreign exchange strategists forecast the currency to weaken to C $1.42 in a month from Tuesday's close of C $1.4051, a downgrade from C $1.39 expected in January's poll.

  • *Germany sells five-year bonds at record low yield. LONDON, Feb 3- A rise in oil prices on Wednesday failed to lift European stocks, which instead sagged on weak earnings, prompting investors to seek safety in the Japanese yen, gold and low-risk government debt. U.S. crude moved back above $30 a barrel and global benchmark Brent rose 52 cents to $33.24 after Russia...

  • *Germany sells five-year bonds at record low yield. LONDON, Feb 3- A rise in oil prices on Wednesday failed to lift European stocks, which instead sagged on weak earnings, prompting investors to seek safety in the Japanese yen, gold and low-risk government debt. U.S. crude moved back above $30 a barrel and global benchmark Brent rose 52 cents to $33.24 after Russia...

  • FOREX-Yen strengthens as European stock markets fall Wednesday, 3 Feb 2016 | 6:43 AM ET

    *Yen rises as risk sentiment in Europe and Asia sours. LONDON, Feb 3- The yen rose on Wednesday as weaker stock markets in Europe spurred investors to buy safe haven assets, dampening the impact of last week's shock decision by the Bank of Japan to adopt negative interest rates. The Chinese yuan fell to a three-week low against the greenback, hurt in part by...

  • Short-sellers eye Singapore's stock market Wednesday, 3 Feb 2016 | 6:26 AM ET
    Short-sellers eye Singapore's stock market

    Already hurt by the commodity rout, the small exchange has seen a surge in shorts.