Ghana's cedi remains vulnerable due to unmet dollar demand. Ghana's cedi could hit fresh record lows next week on persistent unmet dollar demand by local firms for their imports, analysts said. Data on Wednesday showed that Ghana's consumer inflation rate increased to 14.0 percent in January, the highest since March 2010.» Read More
The prospect of further inflows of capital and a lack of any easing in European monetary policy helped the euro back to 2-1/2 year highs and the verge of a break above $1.40 on Thursday.
*Ukraine, China slowdown and copper rout sap risk appetite. LONDON, March 13- The euro hit a new 2-1/ 2 year high against the dollar on Thursday as concerns over China's economy and international tensions over Ukraine took the fizz out of an attempted rebound in riskier assets.
LONDON, March 13- European metal products manufacturers are seeing the most favourable conditions for buying copper in over two years as prices drop and the euro strengthens, and some are buying forwards to lock in cheap supply.
*Concerns over Ukraine, China slowdown and copper rout sap risk appetite. LONDON, March 13- The euro hit a new 2-1/ 2 year high against the dollar on Thursday as concerns over Chinese growth and political tensions in Ukraine took the fizz out of an attempted rebound in riskier assets.
LONDON, March 13- Gold prices hit six-month highs above $1,370 an ounce on Thursday, extending the previous session's rally, as concerns about Russia's standoff over Ukraine fuelled buying and the dollar dropped to 2-1/ 2 year lows against the euro.
LONDON, March 13- The prospect of further inflows of capital and a lack of any easing in European monetary policy helped the euro back to 2-1/ 2 year highs and the verge of a break above $1.40 on Thursday.
*Euro's gains capped slightly after lukewarm China data. Recent economic indicators from the euro zone have been upbeat as a whole, decreasing expectations for further easing, "said Ayako Sera, senior market economist at Sumitomo Mitsui Trust in Tokyo.
*Yen and Swiss well bid as China, Ukraine worries fester. *China industrial production and retail sales data eyed. SYDNEY/ TOKYO, March 13- Safe-haven currencies the yen and Swiss franc were in favour on Thursday, consolidating their overnight gains as worries about the health of the Chinese economy and the ongoing crisis in Ukraine took a toll on risk appetite.
March 12- The Federal Reserve Bank of New York looked at whether a key foreign-exchange benchmark was subject to manipulation in 2012 but did not pursue any public action, the Wall Street Journal reported, citing people familiar with the matter.
*Swiss franc& yen well bid as China worries fester. *China industrial production and retail sales data eyed. "We expect modest downside surprises, which are likely to keep sentiment toward China somewhat negative," analysts at Barclays Capital wrote in a note to clients.
*Chilean peso rebounds after near 5- year lows on China concerns. NEW YORK, March 12- Emerging market currencies rose moderately on Wednesday, rebounding from earlier losses as investors remained nervous over China's economy and Ukraine's future, supporting safe-haven demand for the yen and the Swiss franc.
Concerns about China and other developing economies weakened the Australian dollar and currencies closely linked to commodities markets.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including January industry production data falling, and earnings misses.
*Chilean peso hits near five-year lows on China concerns. NEW YORK, March 12- Emerging market currencies fell on Wednesday as investor nervousness over China's economy and Ukraine's future intensified, rekindling safe-haven bids for the yen and the Swiss franc.
There is worry that the recent decline in copper and China's economic woes might be the start of a wider correction.
LONDON, March 12- Billionaire financier George Soros said on Wednesday it would not be practical for an independent Scotland to keep the British pound, and warned a separate currency would be "potentially dangerous" as weak currencies can be attacked.
Turkey's lira fell to its weakest level in five weeks on Wednesday after protests broke out across the country.
John Mann, Labour MP for Bassetlaw, says the Bank of England's structure needs to change after the governor of the central bank was grilled by British members of parliament on allegations of currency manipulation.
*Risk appetite curbed by worries over China, Ukraine. LONDON, March 12- The Australian dollar and other currencies closely linked to commodities markets struggled on Wednesday after a 5 percent fall in copper prices overnight on fears of fading demand from China.
*Yamato Holdings soars to 8- year high on price hike report. TOKYO, March 12- Japan's Nikkei share average slid more than 2 percent on Wednesday as investors locked in profits after a recent rally to a five-week high, while a stronger yen hit overall sentiment and dragged down exporters like Toyota Motor.