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Foreign Exchange

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  • Chinese shopping 'agents' cash in on ruble slide Thursday, 18 Dec 2014 | 10:14 PM ET

    Chinese shoppers are cashing in on the ruble's sharp drop, snapping up goods in Russia at low prices before brands can respond to foreign exchange moves.

  • Why dollar bulls are here to stay  Thursday, 18 Dec 2014 | 9:46 PM ET

    Dominic Bunning, FX Strategist at HSBC, says the U.S. dollar appear set on an uptrend in 2015 on the back of diverging monetary policies globally, but warns of risks from increasing volatility.

  • TOKYO, Dec 19- The safe-haven yen was on the back foot on Friday, as risk assets staged a broad recovery and investors awaited the outcome of a Bank of Japan meeting. The dollar added 0.2 percent against the yen to buy 119.06 yen, while the euro tacked on 0.2 percent to 146.21 yen. BOJ Governor Haruhiko Kuroda will likely repeat calls for firms to increase wages at his...

  • Dollar edges higher in wake of Fed statement Thursday, 18 Dec 2014 | 4:28 PM ET

    The U.S. dollar rose against major currencies for a second session on Thursday after the Federal Reserve's signals that it could hike rates soon.

  • The greenback hit a 28- month high against the Swiss franc at 0.9847 franc after the Swiss National Bank said it would impose an interest rate of -0.25 percent on some large deposits held by investors in francs, as it seeks to discourage buying of the currency as a safe haven. The euro hit its lowest level against the dollar since Dec. 8, at $1.2266, while the dollar...

  • The one person who can bail out Putin Thursday, 18 Dec 2014 | 11:48 AM ET
    German Chancellor Angela Merkel and Russian President Vladimir Putin

    Resolving the Russia-Ukraine dispute is critical. Here's the one person who can do that, says Jason Bordoff and Carlos Pascual.

  • UK banks rally  Thursday, 18 Dec 2014 | 11:30 AM ET

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a rally for energy stocks and euro zone banks.

  • NEW YORK, Dec 18- The U.S. dollar rose against major currencies for a second straight session on Thursday after the Federal Reserve signaled it would hike rates next year and the Swiss National Bank's statement that it would introduce negative interest rates. "The dollar strength today is a continuation of the Fed reaction," said currency strategist Vassili...

  • SHANGHAI, Dec 18- In Blagoveshchensk on Russia's side of the Chinese border, Mou Jiani has turned her home into a warehouse, stocking up on Apple Inc iPhones, handbags and milk powder to sell back home as Chinese shoppers take advantage of the rouble's slide. Chinese workers and overseas students in Russia have been snapping up goods at low prices caused by the...

  • LONDON, Dec 18- The Swiss franc tumbled on Thursday after its central bank announced a charge on deposits, wary of a flood of money exiting Russia and likely inflows from the euro zone if the ECB starts full-scale money printing early next year. The jitters of recent weeks calmed a touch as oil rose for a second day, although the pressure was still on Russia's rouble...

  • FOREX-Interest rate cut shocks Swiss franc lower Thursday, 18 Dec 2014 | 8:00 AM ET

    LONDON, Dec 18- The Swiss franc hit a 28- month trough against the dollar and also fell against the euro on Thursday after the Swiss National Bank said it would introduce negative interest rates to stop further currency appreciation. Against the dollar, the franc fell to 0.9848 francs, a level not seen since August 2012, before recovering to 0.97865 francs, down 0.6...

  • LONDON, Dec 18- Emerging shares rose for a second straight day on Thursday while most currencies strengthened, lifted by the Federal Reserve's show of confidence in the U.S. economy, though Russia's rouble eased after two days of gains. Bourses in oil exporters Saudi Arabia and the United Arab Emirates bounced back strongly after dramatic falls earlier in the...

  • PUTIN SAYS CENBANK SHOULD HAVE STOPPED FOREX MARKET.

  • PUTIN SAYS RUSSIA DOES NOT PLAN DIRECTIVES TO EXPORTERS ON.

  • PUTIN SAYS RUSSIA WILL NOT FORCE EXPORTERS TO SELL FOREX.

  • LONDON, Dec 18- The Swiss franc tumbled on Thursday as its central bank slapped a charge on deposits, wary of a flood of money exiting Russia and the likely pressure from the euro zone if the ECB starts full-scale money printing early next year. The jitters of recent days also calmed a touch as Russia managed to stabilise its rouble ahead of an end-of-year address...

  • LONDON, Dec 18- The Swiss franc hit its lowest against the dollar in more than two years, and touched a two-month trough against the euro, on Thursday after the Swiss National Bank said it would introduce negative interest rates. The Swiss franc weakened to as much as 1.2098 francs per euro on trading platform EBS, pulling away from the SNB's three-year old cap of...

  • MOSCOW, Dec 18- Russia's central bank said on Thursday it had conducted no interventions on the foreign exchange market on Dec. 16, when the rouble suffered its largest intraday loss since 1998..

  • *China watching rouble closely as Russian currency collapses. BEIJING, Dec 18- China is closely monitoring the slide in the Russian rouble, the foreign exchange regulator said on Thursday, as the currency of one of its major energy imports struggles to avoid a free-fall. Wang Yonggui, head of policy and regulations for the State Administration of Foreign...

  • BEIJING, Dec 18- The slide in the rouble has not had a major impact on China's cross-border foreign exchange flows, an official with the Chinese foreign exchange regulator said on Thursday. The comments come as global markets have been roiled by turmoil in Russia's financial markets, which forced the central bank to hike interest rates 6.5 percentage point in a...