Foreign Exchange
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*Dollarisation spreads as Syria pound loses purchasing power. AMMAN, June 19- Since the latest nosedive in the Syrian currency, Damascus shopkeeper Aboud Katebee can no longer put price stickers on the imported chocolate bars he sells in the middle class Jaramana neighbourhood.
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CNBC's Ross Westgate reports on all the market moving events from Europe, as investors await the Fed's policy statement following its two-day meeting.
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LONDON, June 19- The dollar was broadly steady in subdued trading on Wednesday as markets awaited the outcome of the Federal Reserve's rate-setting meeting for clues on the future course of U.S. monetary policy. Analysts said the dollar and riskier assets could benefit if Fed Chairman Ben Bernanke manages to pacify nervous markets.
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*Oil holds around $106 a barrel, gold flat. LONDON, June 19- European shares edged higher and major currencies and commodities were little changed on Wednesday as investors awaited clarity on the U.S. There is a lot of slack in the economy and there is no inflation pressure, "said Ned Rumpeltin, head of G10 FX strategy at Standard Chartered Bank.
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TOKYO, June 18- The dollar steadied against its major counterparts in Asia on Wednesday as investors held their collective breath awaiting the outcome of the Federal Reserve's rate-setting meeting for signals on the future course of U.S. monetary policy.
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TOKYO/ SYDNEY, June 18- The dollar drifted lower against the yen in Asia on Wednesday but major currency moves were small as investors waited the outcome of the Federal Reserve's policy meeting and hoped for some clear signals on the future of U.S. monetary policy.
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SYDNEY, June 18- All the major currencies marked time in Asia on Wednesday as investors waited anxiously to see if the Federal Reserve could clarify the outlook for policy without sending markets into a fresh frenzy.
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The U.S. dollar rose for a second day against the yen on Tuesday as some traders bet the Federal Reserve may signal it is almost ready to reduce its bond buying program.
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*Brent crude rises to hover around $106. NEW YORK, June 18- U.S. equities pushed higher on Tuesday as investors grew more confident that the Federal Reserve would temper its recent statements on the future reduction of U.S. monetary support, while still pointing to economic improvement.
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NEW YORK, June 18- The U.S. dollar rose for a second day against the yen on Tuesday as some traders bet the Federal Reserve may signal it is almost ready to reduce its bond buying program aimed at propping up the economy.
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*Brent crude rises above $106 before trimming gains. NEW YORK, June 18- U.S. equities pushed higher on Tuesday as investors grew more confident that the Federal Reserve would temper its recent statements on the future reduction of U.S. monetary support, while still pointing to economic improvement.
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NEW YORK, June 18- The U.S. dollar rose for a second day against the yen on Tuesday as some traders bet the Federal Reserve may signal it is almost ready to reduce its bond buying program aimed at propping up the economy.
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NEW YORK, June 18- The U.S. dollar rose against most other major currencies on Tuesday as some traders bet the Federal Reserve may signal it's close to reducing its bond-buying program aimed at propping up the economy.
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LONDON, June 18- Wild exchange rate swings in the yen are giving investors an added incentive to sell holdings of the emerging debt that not so long ago was billed as one of the prime beneficiaries of Japan's money-printing drive.
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LONDON, June 18- The dollar rose on Tuesday, moving away from recent two-month lows against the yen, with further gains dependent on U.S.
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Positive business activity data for the euro zone on Thursday will fail to stop a much larger fall over the long-term for the single currency.
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MUMBAI, June 18- The Indian rupee approached a record low while other Asian currencies also fell, reflecting the high stakes for regional policymakers should the Federal Reserve end a period of easy money that had boosted markets from Jakarta to Mumbai.
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CNBC's Ross Westgate reports on all the market moving events from Europe as talks of possible monetary easing from the central bank of China boosted investor confidence.
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LONDON, June 18- The dollar rose on Tuesday, trading above recent two-month lows against the yen, with further gains dependant on U.S.
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TOKYO, June 18- The U.S. dollar hovered above a two-month low against the yen on Tuesday but struggled to extend gains on worries the U.S. The Australian dollar slipped after the minutes of the Reserve Bank of Australia showed the bank thinks the currency remains high despite its recent steep decline and sees scope for further depreciation.
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TOKYO, June 18- The U.S. dollar hovered above a two-month low against the yen on Tuesday but uncertainty ahead of the outcome of the U.S. The dollar fetched 94.61 yen in early Asian trade, little changed from late U.S. levels after positing its first gains in five sessions on Monday.
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