In 25 years the U.S. dollar will probably still be the world's reserve currency, and bitcoin may not be around at all.» Read More
KIEV, April 24- The Ukrainian central bank sees no need for intervention on the currency market, which has shown signs of stabilisation, a bank official said on Thursday. There has been a certain stabilisation on the market, " Olena Shcherbakova, head of the central bank's monetary policy department, said at a round-table meeting in Kiev.
SHANGHAI, April 24- China's yuan weakened past the key psychological support level of 6.25 per dollar late on Thursday, on increased corporate dollar demand and persistently bearish views of the Chinese currency, traders said.
The euro struggled to make headway on Thursday amid caution before a speech by ECB President Mario Draghi.
LONDON, April 24- Global stocks were back on the front foot on Thursday, as upbeat earnings from tech heavyweights Apple and Facebook helped shake off some of the jitters that have hit the sector in recent weeks. European bourses started brightly, with the FTSE 100 up 0.5 percent and the DAX, the CAC 40 and markets in Madrid and Milan between 0.7 and 0.9 percent firmer.
LONDON, April 24- The euro struggled to make headway on Thursday amid caution before a speech by ECB President Mario Draghi, while the New Zealand dollar rose after the central bank raised interest rates and signalled more tightening.
Valentin Marinov, director of FX strategy at Citi, says U.S. President Barack Obama's trade talks with Japan could encourage more quantitative easing from the Bank of Japan, while New Zealand's interest rate hikes make long kiwi/yen attractive.
SYDNEY, April 24- The New Zealand dollar rallied on Thursday after the country's central bank lifted interest rates and signalled more hikes ahead, while caution ahead of a speech by the European Central Bank kept the euro subdued.
*Wall Street edges lower after six-day S&P rally. In Europe, rising worries over Ukraine also weighed, offsetting data that showed Germany continued to power the euro zone's recovery. Strong results from Boeing failed to inspire Wall Street investors to keep pushing equities higher.
The US dollar was weakened by falling equity prices, Treasury yields, and a slower-than-expected expansion in the US manufacturing sector.
PARIS, April 23- Michelin's first-quarter revenue fell 2.4 percent as weaker prices and emerging-market currencies outweighed sales volume growth, the French tyre maker said on Wednesday.
In Europe, rising worries over Ukraine also weighed, offsetting data that showed Germany continued to power the euro zone's recovery. Strong results from Boeing failed to inspire Wall Street investors to keep pushing equities higher.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including business activity nearing a 3-year high and euro zone debt hitting a record of 92.6% of GDP.
NEW YORK, April 23- The U.S. dollar weakened against the euro and yen on Wednesday, undermined by a decline in U.S. equity prices and Treasury yields and finding little support from a slower-than-expected expansion in the U.S. manufacturing sector.
LONDON, April 23- European shares edged down on Wednesday after three days of gains as signs of a still stuttering Chinese economy and rising worries about Ukraine offset a reassuring set of European economic numbers.
LONDON, April 23- The Australian dollar sank almost one percent in value on Wednesday after a lower than expected rise in consumer prices appeared to reduce the chances of higher official interest rates this year.
Peter Frank, global head of G10 and Asia FX strategy at BBVA, says weaker than expected inflation data from Australia has stopped the dollar's rally.
SINGAPORE, April 23- The Australian dollar slid on Wednesday after data showed that Australian consumer prices rose less than expected in the first quarter, lessening the risk of a rise in domestic interest rates this year. Other major currencies were subdued, with the euro edging up 0.1 percent to around $1.3817, while the dollar eased 0.1 percent to 102.55 yen.
*Survey on China's manufacturing sector key for risk sentiment. SYDNEY, April 23- The world's major currencies started trade on Wednesday in Asia on familiar ground after an uninspired session that kept the dollar, euro and yen locked in narrow ranges. In Asia much will depend on a survey of China's manufacturing activity due at 0045 GMT.
The European Central Bank's Mario Draghi made clear the euro's strength is a possible trigger to ease monetary policy.
*Gold and forex similarities aid consolidation. LONDON, April 23- The increasing use of technology on financial trading floors is driving a trend for banks to roll precious metals operations into their forex businesses as a separate unit from other commodities activities.