GO
Loading...

Foreign Exchange

More

  • *Central bank has spent more than $20 bln defending rouble. MOSCOW, Oct 30- The rouble hit a new low of more than 43 to the dollar on Thursday, as speculation grew that the Russian central bank will let the rouble float freely when it meets on Friday and as comments by the U.S. "The market is now expecting the central bank to announce the rouble free float at tomorrow's...

  • RIO DE JANEIRO, Oct 30- Brazil's Vale on Thursday posted a net loss of $1.44 billion for the third quarter, well below forecasts, hurt by a fall in the price of iron ore and a weakening Brazilian currency. The spot price of iron ore has fallen more than 40 percent this year as vast new production from Australia coincided with slower growth in China.

  • *Rate futures show chance of Fed hike in September 2015. LONDON, Oct 30- The dollar climbed to its highest in more than three weeks against a basket of currencies, buoyed by higher U.S. yields, after the Federal Reserve sounded less dovish on policy and more confident about the U.S. economic recovery. "The positive sentiment is likely to be reinforced by today's...

  • MOSCOW, Oct 30- Russia's rouble currency opened sharply weaker on Thursday, hitting a new all-time low of over 43 roubles per dollar. By 0708 GMT, the rouble had recovered slightly but was still 0.42 percent weaker against the dollar at 43.37 and lost 0.07 percent to trade at 54.67 versus the euro. The rouble has lost about a quarter of its value against the dollar...

  • MOSCOW, Oct 30- The minimum interest rate at a dollar repo auction to be held later on Thursday will be 2.1207 percent, the Russian central bank said in a statement. The bank has previously said that the auction will be for one-week repos with the volume limited to $2 billion. This follows an auction for 28- day dollar repos on Wednesday.

  • MOSCOW, Oct 30- Russia's central bank said on Thursday it had conducted 117.06 billion roubles worth of forex interventions to defend the rouble on Oct. 28. The central bank releases its interventions data with a delay. The rouble has been sliding on falling oil prices and broad risk aversion towards Russia because of its role in the Ukraine crisis.

  • RUSSIAN CENTRAL BANK SAYS CONDUCTS 117.06 BLN ROUBLES WORTH OF FOREX INTERVENTIONS ON OCT 28.

  • *Brazil shocks with interest-rate hike. TOKYO, Oct 30- The dollar stayed on the front foot on Thursday, setting a 3-1/ 2 week high against a basket of currencies after the Federal Reserve surprised markets with a more hawkish policy tone and signalled its confidence in the U.S. economic recovery. said Kengo Suzuki, chief forex strategist at Mizuho Securities.

  • *Kiwi slides on softer New Zealand rate outlook. TOKYO, Oct 30- Asian stocks fell and the dollar surged to a three-week high versus the yen after the U.S. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.6 percent.

  • *Brazil's real rises after interest rate-hike shock. TOKYO, Oct 30- The dollar stayed on the front foot on Thursday, holding near prior session highs as it basked in the afterglow of the Federal Reserve's optimistic take on the U.S. economic recovery, raising the odds of policy tightening sooner rather than later. "We maintain our view the first rate hike will be in...

  • TOKYO, Oct 30- Asian stocks dipped and the dollar hovered at three-week highs versus the yen after the U.S. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.5 percent in early Asian trade on Thursday. Tokyo's Nikkei bucked the trend and rose 0.3 percent, taking heart from a significantly weaker yen.

  • *Dollar snaps higher after Fed signals underlying economic strength. NEW YORK, Oct 29- The U.S. dollar surged higher on Wednesday after the Federal Reserve signaled confidence the U.S. economic recovery remained on track while investors started to bet on an interest rate increase sooner than previously expected. It didn't seem to imply there was any real delay...

  • Dollar index rises after Fed policy decision Wednesday, 29 Oct 2014 | 2:11 PM ET
    Swedish Krona currency.

    The dollar steadied as investors awaited guidance from the U.S. Federal Reserve, expected to reiterate caution on raising interest rates.

  • Still mostly happy talk from oil producers Wednesday, 29 Oct 2014 | 1:36 PM ET

    Oil companies are shying away from commenting on outlook as crude oil falls to multi-year lows; however, analysts are slashing estimates.

  • European markets close: Banks move negative     Wednesday, 29 Oct 2014 | 12:29 PM ET

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including falling euro zone bank stocks.

  • *Banks bid for $201 million out of $1.5 billion on offer. MOSCOW, Oct 29- A debut auction of forex repos by Russia's central bank on Wednesday met with lackluster demand, with analysts saying banks were deterred from taking up the offer by a relatively high interest rate and short-term nature of the instrument. "Quite clearly $200 million looks quite tiny," said Maxim...

  • NEW YORK, Oct 29- The U.S. dollar weakened on Wednesday ahead of the conclusion of the Federal Reserve's two-day meeting, as market players expected policy makers to reiterate a cautious stance on raising interest rates. In mid-morning New York trade, the euro saw a small surge in purchases, which one trading source ascribed to a lack of normal dollar buying by...

  • *Banks bid for $201 million out of $1.5 billion on offer. MOSCOW, Oct 29- A debut auction of forex repos by Russia's central bank on Wednesday met with lacklustre demand, with analysts saying banks were deterred from taking up the offer by a relatively high interest rate and short-term nature of the instrument. "Quite clearly $200 million looks quite tiny," said Maxim...

  • Seasonality rules, still no worries from oil firms Wednesday, 29 Oct 2014 | 10:43 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Traders are talking market statistics ahead of the FOMC statement, while oil companies and investors appear unconcerned by falling prices.

  • MOSCOW, Oct 29- The Russian central bank said on Wednesday it had provided $201.2 million at its first 28- day dollar repo auction. The repo was provided at an average yield of 2.4039 percent. The auction was the first to be held under a scheme to provide up to $50 billion in foreign currency repos to banks to offset a shortage of foreign currency liquidity.