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  • NEW YORK, Jan 23- European stocks hit seven-year highs on Friday, continuing a rally ignited by the European Central Bank's plan for massive regional economic stimuli that also knocked the euro to fresh 11- year lows. Wall Street fell on soft corporate earnings news after the S&P 500 had rallied 1.5 percent on Thursday's $1 trillion bond-buying announcement...

  • Are we in a currency war?  Friday, 23 Jan 2015 | 2:30 PM ET

    Central banks around the world are digging in for a protracted fight over currencies. CNBC asked experts what do to in the event of a full-blown currency war.

  • Euro hits fresh 11-year lows following ECB move Friday, 23 Jan 2015 | 1:51 PM ET
    A cashier counts euro banknotes in Vilnius, Lithuania, on Jan. 1, 2015.

    The euro fell to fresh 11-year lows against the dollar after the ECB said on Thursday it would pump a trillion euros into the euro zone economy.

  • European equities bask in ECB glory  Friday, 23 Jan 2015 | 11:30 AM ET

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a big lift for European stocks following the ECB'S QE announcement.

  • NEW YORK, Jan 23- The euro fell to fresh 11- year lows against the dollar on Friday following the European Central Bank's announcement on Thursday that it would pump a trillion euros into the euro zone economy to revive sagging growth and ward off deflation. The euro lost over 2 percent against the greenback and fell below $1.12 to $1.1115 for the first time since...

  • LONDON, Jan 23- Gold fell as much as 1.2 percent on Friday as the dollar rose and markets digested the mixed implications of a European Central Bank plan to pump out about 1 trillion euros to reflate the euro zone's flagging economy. "Gold was completely dislocated from the dollar yesterday, meaning that euro-gold is the best performing commodity this year,...

  • The sweet spot of the earnings cycle is near Friday, 23 Jan 2015 | 10:12 AM ET
    Traders on the floor of the New York Stock Exchange.

    Stocks have been off to a rocky start, but that is now starting to change as we enter the heart of earnings season.

  • LONDON/ BUDAPEST, Jan 23- Hungarian Prime Minister Viktor Orban has long irritated European Union partners with economic policies that have burned foreign banks operating in Hungary. Such policies were contributing factors in the banks, including Austria's Raiffeisen and Erste and a unit of Italy's Intesa Sanpaolo, taking write-downs on their Hungarian...

  • DETROIT— Ford says it will take an $800 million charge in the fourth quarter because of exchange rate problems between the Venezuelan bolivar and the U.S. dollar. But the automaker still expects a full-year pretax profit of $6 billion when it reports 2014 earnings Thursday. The Dearborn, Michigan, automaker has had operations in Venezuela for 53 years.

  • JOHANNESBURG, Jan 23- South Africa's Reserve Bank will keep its benchmark interest rate at 5.75 percent on Thursday following a dip in inflation due to lower oil prices, a Reuters poll forecast on Friday. A more stable rand, since the European Central Bank's decision on Thursday to launch quantitative easing lifted emerging market currencies, has also reduced...

  • *Euro dives to lowest vs dollar since September 2003. LONDON, Jan 23- The euro plunged below $1.12 for the first time in more than 11 years on Friday, a day after the European Central Bank said it would pump over a trillion euros into the euro zone economy, and two days before a national election in Greece. The euro shed over 2 percent to hit $1.1115, its lowest since...

  • LONDON, Jan 23- Foreign exchange volumes on currency platforms run by Thomson Reuters rose by 9 percent year-on-year in December to $350 billion, as a drop in oil prices and expectations of further easing by the European Central Bank underpinned activity. Data from Thomson Reuters showed that average spot daily volumes in December slipped to $106 billion, from...

  • LONDON, Jan 23- The euro hit an 11- year low below $1.13 on Friday, a day after the European Central Bank announced a plan to pump more than a trillion euros into the faltering euro zone economy, and two days before a snap election in Greece. The euro fell to $1.1258 in early European trading on Friday, its lowest since September 2003 and down 0.7 percent on the day.

  • SINGAPORE/ SYDNEY, Jan 23- The euro set a fresh 11- year low versus the dollar on Friday, staying under pressure after the European Central Bank launched a landmark bond-buying programme to support the sagging euro zone economy. The euro touched a low of around $1.1315 on trading platform EBS, its lowest level since September 2003. Even though it's intended to last...

  • TOKYO, Jan 23- Asian stocks extended a global rally on Friday after the European Central Bank launched a landmark bond-buying stimulus programme that buoyed investors' risk appetite, drove bonds higher and kept the euro pinned near 11- year lows. Spreadbetters expect Europe to retain the previous session's sunny mood, forecasting Britain's FTSE to open up by...

  • SYDNEY/ SINGAPORE, Jan 23- The euro wallowed near an 11- year low on Friday after suffering a massive decline as the European Central Bank launched a stimulus program that would pump hundreds of billions in new money into a sagging euro zone economy. Even though it's intended to last until September 2016, it's not an actual line in the sand, "said Jesper Bargmann, head...

  • *Euro struggles against peers after ECB, Greece next in focus. TOKYO, Jan 23- Asian equities extended a global equities rally on Friday after the European Central Bank launched a bond-buying stimulus drive in a landmark move that buoyed investor risk appetite, drove bonds higher and left the euro pinned near 11- year lows. Crude oil prices jumped after Saudi...

  • *China manufacturing PMI next in focus. SYDNEY, Jan 23- The euro wallowed at 11- year lows early on Friday after suffering a massive decline as the European Central Bank launched a stimulus program that would pump hundreds of billions in new money into a sagging euro zone economy. The common currency tumbled to $1.1316 as the market took in news that the ECB would...

  • *ECB's QE plan worth more than 1 trillion euros. NEW YORK, Jan 22- Wall Street jumped 1.5 percent and European shares climbed to a seven-year high on Thursday as world markets cheered the European Central Bank's new stimulus program, worth more than 1 trillion euros, while the euro slipped to an 11- year low. "It's likely to impact yields everywhere," said Aaron Kohli, an...

  • *European shares hit seven-year high, Wall Street up over 1 percent. *Gold rises nearly 1 percent. NEW YORK, Jan 22- Wall Street jumped and European shares climbed to a seven-year high on Thursday as world markets cheered a European Central Bank stimulus program worth more than one trillion euros, while the euro slipped to an 11- year low.