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  • LONDON, March 6- Sterling fell sharply against the dollar on Friday, dropping to four-week lows after a strong U.S. jobs report, with concerns about a potentially unsettling British election in May also weighing on sentiment. It was firmer against the euro, though, trading at 72 pence, its highest since December 2007. The pound's rise against the euro came as...

  • *Weaker euro and oil and improving economy help Europe. *HSBC hikes Europe ex UK earnings growth estimate to 25 pct. The currency and an improving economy are the two main drivers of our positive forecast, "said Robert Parkes, director of equity Strategy at HSBC Bank, adding HSBC recently raised its 2015 growth forecast for Europe to 25 percent from 16 percent...

  • Euro drops toward parity with dollar Friday, 6 Mar 2015 | 7:34 AM ET

    For U.S. visitors, Europe is getting cheaper. Tour companies in Greece are already reporting stronger interest from U.S. holiday seekers. Greece earns around a fifth of its money from tourists.

  • LONDON, March 6- The dollar hit an 11-1/ 2 year high against the euro on Friday, as interest rate differentials widened in favor of U.S. The dollar index was 0.3 percent higher at 96.727 while the euro slumped to an 11-1/ 2 year low of $1.0963. The euro's drop came as investors braced for the ECB's 1 trillion euro bond buying program which is expected to weaken the euro.

  • LONDON, March 6- Gold dropped below $1,200 an ounce on Friday and was headed for a fifth weekly decline in six, as the dollar rose towards 11- year highs ahead of U.S. jobs data that could provide hints about the timing of a rate increase. The U.S. currency was helped by weakness in the euro, which stayed under pressure after the European Central Bank said it would start...

  • MOSCOW, March 6- Russia's rouble moved sharply higher on Friday, hitting its strongest against the dollar and euro this year as investor risk appetite was bolstered by stable oil prices and the European Central Bank's trillion euro stimulus plan. At 0945 GMT, the rouble was around 1.9 percent stronger against the dollar at 59.66 and gained 2.3 percent to trade at...

  • LONDON, March 6- Sterling hit a more than seven-year high against the struggling euro on Friday, as interest rate differentials moved in favour of the British pound with the European Central Bank gearing up to launch its 1- trillion euro bond buying programme. Sterling was down 0.2 percent against the dollar $1.5208, not far from a four-week low of $1.5194 struck...

  • LONDON, March 6- The dollar hit a new 11- year high against major currencies on Friday as investors bet the monthly U.S. jobs report would add to the chance of rate hikes, even as the European Central Bank embarks on a 1 trillion euro campaign of bond-buying. The euro broke below $1.0980 for the first time since September 2003 as it continued its steady march lower.

  • Did the ECB quash the negative-yield trade? Friday, 6 Mar 2015 | 12:57 AM ET
    A trader speaks on the phone in front of the index board in Frankfurt, Germany.

    Negative-yield bonds – or paying to lend money – have provided surprising profits, but the trade faces headwinds from Europe’s QE foray.

  • SYDNEY, Jan 7- The dollar held pole position in Asia on Friday as bulls wagered a looming U.S. jobs report would add to the chance of rate hikes there, even as the European Central Bank embarks on a trillion euro campaign of bond-buying. The same balance of risks kept most equity investors cautious with MSCI's broadest index of Asia-Pacific shares outside Japan up a...

  • SINGAPORE, March 6- Gold held below $1,200 an ounce on Friday and was headed for a fifth weekly decline in six, with he dollar near 11- year highs on expectations of strong U.S. jobs data and an interest rate hike. *Spot gold was little changed at $1,199.61 an ounce by 0028 GMT, after falling for four straight sessions to Thursday. *It was also helped by weakness in the euro,...

  • SYDNEY, Jan 7- The dollar was in high demand in Asia on Friday as bulls wagered a looming U.S. jobs report would add to the chance of rate hikes there, even as the European Central Bank embarks on a trillion euro campaign of bond-buying. The same balance of risks kept equity investors cautious with MSCI's broadest index of Asia-Pacific shares outside Japan down a...

  • Why this top-performing currency may falter Thursday, 5 Mar 2015 | 5:54 PM ET

    The Thai baht has surprised by becoming a top-performing currency over the past year despite political turmoil, but that may change, analysts say.

  • SYDNEY, March 6- The dollar hovered at 11- year highs against a basket of major currencies early on Friday and could extend gains if non-farm payrolls due later in the day support the case for a rise in U.S. interest rates in coming months. The dollar index traded at 96.335, having climbed as far as 96.593- a high not seen since September 2003. Much of the move was due to...

  • Euro sinks below $1.10; USD hits 11-1/2 year peak Thursday, 5 Mar 2015 | 3:52 PM ET

    The euro fell on Thursday below $1.10 for the first time since 2003 and the U.S. dollar added to gains.

  • NEW YORK, March 5- The euro fell on Thursday below $1.10 for the first time since 2003 and the U.S. dollar added to gains against an index of currencies after the European Central Bank said it will next week launch a massive bond-buying program meant to boost economic growth. The euro zone common currency, which has lost 15 percent against the dollar in six months,...

  • LONDON, March 5- Sterling rose to its strongest since late 2007 against the euro on Thursday, bolstered by signs that the European Central Bank might have to plough on with outright money-printing far into next year or longer to restore growth to the euro zone. In a volatile few minutes during ECB president Mario Draghi's post-meeting news conference, sterling...

  • Retailers lead Europe gainers  Thursday, 5 Mar 2015 | 11:30 AM ET

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including Mario Draghi's thoughts on euro zone inflation, corporate earnings and Greek banks.

  • ZURICH, March 5- Switzerland's government will seek to coordinate more closely with the independent Swiss National Bank after the latter's shock decision to drop its cap on the Swiss franc, according to a confidential policy resolution seen by Reuters on Thursday. A government spokesman denied on Wednesday that Bern had asked the central bank to introduce a...

  • NEW YORK, March 5- The euro slumped on Thursday to record lows just above $1.10 and the U.S. dollar added to gains against an index of currencies after the European Central Bank said it will launch a massive bond-buying program next week meant to boost economic growth. The euro zone common currency, which has lost nearly 15 percent against the dollar in six months,...