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  • 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,...

  • *Libya has declared force majeure on 11 oilfields. LONDON, March 5- Brent crude futures pared early gains on Thursday to hover just under $61 as the euro slipped to an 11- year low against the dollar, offsetting concerns about tensions in Iraq and Libya. Brent and WTI rose earlier on Thursday due to concerns about oil supplies from Libya and Iraq.

  • *Lack of deal in Iran nuclear talks support crude oil. LONDON, March 5- The euro hit an 11 1/ 2- year low against the dollar and European stocks nudged higher on Thursday, as the European Central Bank prepared to lay out the details of its impending 1 trillion-euro stimulus plan. The common currency fell as low as $1.1026, its lowest since September 2003, and the region's...

  • European Central Bank: Recovery is strengthening Thursday, 5 Mar 2015 | 6:32 AM ET

    NICOSIA, Cyprus— The European Central Bank will unleash its 1.1 trillion euro stimulus program on Monday— and says the prospect is already boosting the eurozone economy. Mario Draghi, the bank's president, said consumers and businesses in the 19 euro countries are benefiting not only from cheaper energy prices but also from optimism over the coming stimulus.

  • TULIN SAYS IN CURRENT CONDITIONS CENTRAL BANK MUST ECONOMIZE ON FOREX RESERVES.

  • *Lack of deal in Iran nuclear talks support crude oil. LONDON, March 5- The euro hit an 11- year low against the dollar and the region's stocks nudged higher on Thursday, as the European Central Bank prepared to provide the finer details of its soon-to-be-launched 1 trillion euro stimulus plan. The common currency fell to as low as $1.1026, its lowest level since...

  • Sterling steady ahead of central bank meetings Thursday, 5 Mar 2015 | 4:34 AM ET

    The Bank of England publishes its March policy decisions at 1200 GMT and is expected to add nothing immediately to the debate over the timing of a interest rate rise, now seen likely early next year. "The euro-dollar fall is dragging the pound down against the dollar and the euro can't fall too fast from here," said Kit Juckes, a strategist with Societe Generale in...

  • MOSCOW, March 5- Russia's Moscow Exchange said on Thursday that it would restart forex trading at 1240 local time, or 0940 GMT, following a temporary suspension of trading. The exchange did not give an explanation in a statement on its website for the trading suspension. Trading in precious metals was also suspended on the exchange.

  • BEIJING, March 5- Financial and investment flows in and out of China are normal, chief foreign exhange regulator Yi Gang said on Thursday.

  • LONDON, March 5- The euro fell to a 11-1/ 2 year low against the dollar on Thursday as investors waited for the European Central Bank to announce more details of its massive bond-buying program. The euro fell to $1.1026 in Asia, its lowest since early September 2003. It last traded at $1.1049, down 0.25 percent on the day.

  • *Trade flows in Asia changing due to stronger greenback. *Japan reducing corn purchases from US, taking more S.America. Japan, the world's top corn importer, has seen the yen drop around 14 percent against the greenback since September, while the rupiah in Indonesia, Asia's biggest wheat buyer, has lost about 11 percent.

  • TOKYO/ SYDNEY, March 5- The euro slid to its weakest level in more than 11 years against the dollar on Thursday, as investors waited for the European Central Bank to announce more details of its massive bond-buying program. The common currency fell to as low as $1.1026 as of 0653 GMT, its lowest level since September 2003. It last traded at $1.1039, down 0.4 percent on...

  • TOKYO/ SYDNEY, March 5- The euro wallowed near its weakest level in over 11 years against the dollar on Thursday, as investors waited for the European Central Bank to announce more details of its massive bond-buying programme. The common currency eased 0.1 percent to $1.1065, holding just above Wednesday's low near $1.1061, which was its lowest level since...

  • RPT-NOT NECESSARY FOR CHINA TO WIDEN YUAN TRADING BAND IN 2015: C. BANK ADVISOR.

  • BEIJING, March 5- China will make a major breakthrough in interest rate liberalisation this year, but it will not be necessary for the country to widen its currency trading band in 2015, Chen Yulu, an advisor to the country's central bank told Reuters on Thursday. The performance of economies including Japan and European countries will also help dictate China's...

  • BEIJING, March 5- For highlights of the start of the annual session of China's National People's Congress, the country's parliament, click here.

  • *Asia slips after Wall St pulls back before U.S. jobs data. TOKYO, March 5- Asian stocks slipped on Thursday after Wall Street continued to pull back from record highs ahead of Friday's closely-watched U.S. jobs data, while the nervous euro languished at an 11- year low prior to the European Central Bank's policy meeting. MSCI's broadest index of Asia-Pacific...

  • FOREX-Euro thumped as ECB looms, Aussie data in focus Wednesday, 4 Mar 2015 | 5:35 PM ET

    *Australia retail sales, trade data next in focus. SYDNEY, March 5- The euro wallowed at its lowest in over 11 years against the greenback early on Thursday, having suffered a big setback as investors waited for the European Central Bank to announce more details of its massive bond-buying program. The euro zone common currency fell as far as $1.1061, a low not seen...

  • *Europe equities rebound after falling on regional PMI data. NEW YORK, March 4- Stock prices around the world fell on Wednesday on profit-taking, while the euro dropped to an 11-1/ 2- year low ahead of a European Central Bank meeting where policymakers are expected to offer details on their bond-purchase stimulus plan. It held above $60 a barrel on Iran's...