CNBC's Simon Hobbs reports on all the market moving events in Europe today, including, a dip for euro zone PMI and Italian banks rise.» Read More
*Data also points to softer outlook for New Zealand dollar. WARSAW, Aug 19- Sterling and the New Zealand dollar were the main losers on major currency markets on Tuesday, hit respectively by a bigger than expected fall in inflation and lower government forecasts for growth.
LONDON, Aug 19- Sterling fell to a four-month low against the dollar and slipped towards a two-month trough versus the euro on Tuesday, after data showed British inflation fell more than expected and eased pressure on the Bank of England to raise interest rates. Consumer prices rose 1.6 percent on the year in July, the Office for National Statistics said.
WARSAW, Aug 19- The New Zealand dollar slid almost half a percent on Tuesday after the government trimmed its forecast for growth and future budget surpluses, while progress for its U.S. counterpart halted near the top of a recent range. "NZD was sold off hard after the PREFU," said Sue Trinh, a strategist with RBC Capital Markets in Hong Kong.
TOKYO, Aug 19- The dollar steadied on Tuesday after Monday's gains on upbeat U.S. housing data and a rise in U.S. bond yields, but traders are waiting for hints on Federal Reserve policy intentions before they test major resistance levels.
TOKYO, Aug 19- The dollar held firm on Tuesday after a solid U.S. housing data and a rise in U.S. bond yields on the back of hopes of an easing of geopolitical tensions.
The US dollar rose against a basket of major currencies on Monday on reduced concerns over Russia and Ukraine and positive US housing data.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a rally for European stocks as Ukraine tensions ease and London home owners slash prices.
*Dollar rises following talks between Ukraine, Russia. NEW YORK, Aug 18- The U.S. dollar rose against a basket of major currencies on Monday on reduced concerns over Russia and Ukraine and positive U.S. housing data. Tensions between Russia and Ukraine were viewed as less heated following talks among Russia, Germany, France and Ukraine on Sunday.
*Carney tells Sunday Times UK rates may rise before pay recovers. LONDON, Aug 18- Sterling was the main mover on major currency markets on Monday, recovering from last week's multi-month lows after the Bank of England said interest rates might have to rise before wage inflation picks up.
*Carney tells Sunday Times UK rates may rise before pay recovers. TOKYO/ SYDNEY, Aug 18- The dollar edged down against a basket of currencies on Monday, as U.S.
*Spot rate and c.bank guidance rate rarely trade together. SHANGHAI/ HONG KONG, Aug 18- China's central bank and currency traders have found rare consensus on the yuan's value after months of widely divergent pricing, but analysts are divided about whether the current accord signifies a genuine relaxation of control by Beijing.
TOKYO, Aug 18- Asian stocks edged up early on Monday after seeing Wall Street recover from the latest round of tensions in the Ukrainian crisis, while the dollar was on the back foot against the safe-haven yen, weighed by a slide in Treasury yields. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.2 percent.
*Carney tells Sunday Times UK rates may rise before pay recovers. SYDNEY, Aug 18- Sterling rose on Monday after the Bank of England indicated that UK interest rates may have to rise even before wage growth recovers, backtracking from earlier comments that prompted markets to push out the risk of a rate hike.
*Tensions in Ukraine push yen, Swiss franc higher. NEW YORK, Aug 15- The dollar fell on Friday, hurt by generally weak U.S. economic data this week and heightened tensions in Ukraine that pushed Treasury yields lower. Russia denied its forces had crossed into Ukraine, calling the Ukrainian report "some kind of fantasy.
NEW YORK, Aug 15- The safe-haven yen and Swiss franc advanced on Friday after heightened tension in Ukraine that saw the government's artillery destroy a "significant" part of a Russian armored column.
The dollar failed to get a safe-haven boost despite news that the Ukraine-Russia conflict had entered a potentially dangerous phase.
Geoffrey Yu, foreign exchange strategist at UBS, discusses currencies following reports of a Russian military incursion into Ukraine and how geopolitical concerns could change the outlook for foreign exchange.
Dollar weakness came even as tensions in the Ukraine were high. NATO accused the Kremlin on Friday of escalating the conflict, following reports that a small column of Russian armoured vehicles had crossed overnight into an area of Ukraine where pro- Moscow rebels are battling government forces. 1/ 8 ID: nL6N0QL20K 3/ 8.
*UK GDP data cold comfort for sterling. LONDON, Aug 15- The euro was on track for a second week of losses against the dollar on Friday, and hovered near five-month lows against the Swiss franc, on concerns about the euro zone's economic prospects and expectations for more stimulus. The data confirmed that the UK economy grew at its fastest annual pace in over six years.
*UK GDP data in focus in European session. LONDON, Aug 15- The euro was on track for its fifth week of losses against the dollar on Friday, and hovered near five-month lows against the Swiss franc on growing worries about the euro zone's gloomy economic prospects and more monetary stimulus.