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  • Why the drachma can’t save Greece: Goldman Tuesday, 3 Mar 2015 | 11:35 PM ET
    A one-euro coin and a one-drachma coin in front of a Greek national flag

    Fears Greece may exit the euro and revive the drachma abound, but attempting a return to the currency Athens left behind may be tragic, Goldman said.

  • But Japan's deputy chief trade negotiator, Hiroshi Oe, told reporters there were no discussions about currency manipulation, and if the issue was brought to the table it would derail any agreement. Japan yen's has slumped since late 2012, when Prime Minister Shinzo Abe returned to power and started pursuing aggressive stimulus policies, worrying U.S....

  • *Bank of Canada seen holding policy steady. MSCI's broadest index of Asia-Pacific shares outside Japan was down about 0.1 percent in early trade, while Japan's Nikkei stock average fell 0.8 percent. The euro inched up against the dollar to $1.1180, a day ahead of a European Central Bank meeting, at which policymakers are expected to announce additional details...

  • TOKYO, March 4- The dollar hovered below an 11- year high versus a basket of major currencies on Wednesday, as investors awaited U.S. economic data and a European Central Bank meeting later this week for fresh direction clues. The dollar index last stood at 95.355, having backed off slightly from Tuesday's high of 95.570, its strongest level since September 2003.

  • USD pulls back from 11-YR peak; ECB, jobs data eyed Tuesday, 3 Mar 2015 | 4:13 PM ET

    The dollar softened on Tuesday after touching an 11-year high against major currencies.

  • NEW YORK, March 3- The dollar touched an 11- year high against a composite of major currencies on Tuesday but gave up those gains ahead of major U.S. economic reports and the coming European Central Bank meeting later this week. The U.S. dollar index of a half dozen currencies traded against the greenback was last off 0.06 percent at 95.407 after peaking at 95.570, a...

  • TOKYO, March 4- Any effort to add rules against currency cheating in a 12- nation Pacific trade pact would mean the end of negotiations, a senior Japanese negotiator said on Tuesday. Some U.S. lawmakers are pushing for a currency chapter in the Trans-Pacific Partnership, which is near completion, partly due to concerns about a weak Japanese yen.

  • FOREX-Dollar eases after touching 11-year peak Tuesday, 3 Mar 2015 | 11:31 AM ET

    NEW YORK, March 3- The dollar softened on Tuesday after touching an 11- year high against an index of other major currencies as dealers awaited details of Europe's massive bond-buying program and a key U.S. jobs report. The dollar surrendered early gains against the euro on widening interest-rate differences and was last flat against Europe's shared currency...

  • LONDON, March 3- Sterling rose on Tuesday after a survey of construction managers came in better than expected, reinforcing a brighter economic start to a year that also features political uncertainty. By late afternoon in London, sterling was up just under 0.1 percent at 72.75 pence per euro, near Monday's seven-year low of 72.35. "Sentiment for the pound is...

  • LONDON, March 3- The dollar rose to 11- year high against a basket of major currencies on Tuesday, with the U.S. currency hitting a six-week high against the euro as interest rate differentials moved in favour of U.S. Treasuries and euro zone government bonds widened ahead of details of the European Central Bank's 1.1 trillion euro bond buying programme, giving...

  • Dennis Gartman: The dollar's surge is not over yet  Tuesday, 3 Mar 2015 | 6:28 AM ET

    Dennis Gartman, the editor and publisher of 'The Gartman Letter,' breaks down the ongoing currency wars around the world.

  • LONDON, March 3- Sterling inched into positive territory on Tuesday after a survey of construction managers came in slightly better than expected, reinforcing a generally brighter economic start to a year that also features political uncertainty. "Sentiment for the pound is positive this year," said Jake Trask, a corporate dealer with broker and currency...

  • BEIJING, March 3- The yuan's exchange rate will remain stable in the long run, and two-way trade will be maintained in the currency market, the head of foreign exchange strategy at China's central bank said on Tuesday, sounding a reassuring note in the face of a recent slide in the yuan's value due to increasing outflows from the world's second-largest economy.

  • Australia's RBA keeps rates on hold: Reaction  Tuesday, 3 Mar 2015 | 4:45 AM ET

    Kamal Sharma, G10 foreign exchange strategist at Bank of America Merrill Lynch, discusses the Australian dollar after the Reserve Bank of Australia didn't hike rates.

  • LONDON, March 3- The dollar eased from an 11- year peak against a basket of currencies on Tuesday, hit by losses against the yen after an economic adviser to Japanese Prime Minister Shinzo Abe said the greenback could not sustain more gains. Etsuro Honda, who some analysts described as a proponent of yen weakness, told the Wall Street Journal in an interview that...

  • TOKYO/ SYDNEY, March 3- The dollar pulled back a little from an 11- year peak against a basket of major currencies on Tuesday, with the Australian dollar stealing the spotlight as it surged after the Reserve Bank of Australia stood pat on interest rates. The U.S. currency also was pressured against the yen after Etsuro Honda, an economic adviser to Japanese Prime...

  • *Yield spike on Wall Street rally, mixed data help dollar. SYDNEY/ TOKYO, March 3- The dollar hit a fresh 11- year peak against a basket of major currencies on Tuesday, as rising Treasury yields helped it prevail over its peers. In addition to Wall Street shares hitting fresh record highs on Monday, a batch of mixed data overnight was seen by some as a driving the rise in...

  • SYDNEY, March 3- The U.S. dollar hovered just below a fresh 11- year peak against a basket of major currencies early on Tuesday, as rising Treasury yields helped it prevail against the euro in a choppy session. The index rose as the euro slid back below $1.1200 and as the greenback hit a near three-week high of 120.19 yen. The euro zone common currency last stood at...

  • Dollar nudges 11-year high as euro gives up gains Monday, 2 Mar 2015 | 3:27 PM ET

    The dollar edged up with the greenback touching an 11-year peak despite soft economic data.

  • *ECB policymakers meet in Cyprus on Wednesday, Thursday. NEW YORK, March 2- The dollar edged up on Monday, with an index that tracks the greenback against major currencies touching an 11- year peak even after soft economic data. "The dollar's long-term trend is up but it now is in some consolidation," said Paul Christopher, international strategist at Wells Fargo in St...