The euro traded at five-week highs against the dollar early in Asia on Friday, having powered higher overnight after the European Central Bank gave no fresh indication that it would ease policy anytime soon.» Read More
LONDON, Dec 4- The dollar pared earlier gains on Wednesday as investors positioned themselves for U.S. data later this week that could be key indicators of when the Federal Reserve will slow its huge bond-buying programme.
LONDON, Dec 4- Sterling's rally to five-year highs against a basket of currencies on robust UK data could raise the risk of verbal intervention by the Bank of England, which wants to shift the economy towards more exports.
CNBC's Ross Westgate reports on all the market moving events from Europe, as equities tread water after steep losses on Tuesday.
LONDON, Dec 4- The dollar rose against the yen and the euro on Wednesday as expectations grew that key economic data from the United States this week could increase pressure on the Federal Reserve to exit its bond-buying programme.
SHANGHAI/ HONG KONG, Dec 4- China plans to roll out financial sector reforms in the Shanghai special economic zone in the next three months and most will be implemented in a year, suggesting authorities are accelerating the pace of dismantling capital account controls.
Andy Soper, global head of G10 options trading at Nomura, says euro/dollar will drop to 1.25 when investors withdraw from European equities and tapering takes full effect.
TOKYO/ SYDNEY, Dec 4- The dollar retreated against the yen and a basket of currencies in Asia on Wednesday as investors locked in profits ahead of major risk events including U.S. jobs data due later in the week.
*Credit Suisse further lifts overweight in Japanese stocks. TOKYO, Dec 4- Japan's Nikkei stock average pulled back on Wednesday from a six-year closing high set the previous day, with investors pocketing gains as the yen was squeezed higher ahead of the U.S.
SYDNEY, Dec 4- The yen was squeezed higher across the board early in Asia on Wednesday, enjoying a bit of a reprieve as investors locked in profits ahead of major risk events including U.S. jobs data due later in the week. The dollar retreated to 102.35 yen from a six-month peak of 103.38 yen, while the euro slipped to 139.11 yen from a five-year high of 140.03.
NEW YORK, Dec 3- Fear that the Federal Reserve will scale back its stimulus as the U.S. economy recovers hit world stock markets on Tuesday, with European equities falling the most since August, while safe havens such as the yen and Treasuries rose. said Gordon Charlop, managing director at Rosenblatt Securities in New York.
The yen rose against the dollar and the euro on Tuesday, rebounding from losses as falling stock markets worldwide prompted safe-haven demand for the Japanese currency.
BUENOS AIRES, Dec 3- Argentina toughened its currency controls on Tuesday to stem a dramatic depletion of its international reserves by making it more costly for Argentines to travel abroad and buy foreign goods with their credit cards.
NEW YORK, Dec 3- The yen rose against the dollar and the euro on Tuesday, rebounding from losses as falling stock markets worldwide prompted safe-haven demand for the Japanese currency. The dollar fell 0.4 percent to 102.54 yen after reaching 103.37 yen in Asian trading, according to Reuters data.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, as disappointing data sends stocks lower.
The rally is still in an uptrend, but it's looking tired. Then again, it's been looking tired for more than a week.
NEW YORK, Dec 3- The yen rose against the dollar and the euro on Tuesday, rebounding from losses as falling stock markets worldwide prompted safe-haven demand for the Japanese currency. The dollar fell 0.5 percent to 102.49 yen after reaching 103.37 yen in Asian trading, according to Reuters data.
LONDON, Dec 3- The yen recovered from early losses to trade higher against the dollar and euro on Tuesday, as investors took profits from a month-long rally and global equity markets declined, driving demand for the safe-haven currency. The dollar was down 0.3 percent against the yen at 102.65 yen after reaching 103.38 yen in Asian trading.
CNBC's Ross Westgate reports on all the market moving events from Europe, including losses across the board. Basic resources are down 2 percent.
*Gold stabilises after 2.6 pct slide overnight on strong U.S. data. LONDON, Dec 3- World shares fell for a second day and gold was near a five-month low on Tuesday, as concern the U.S. will soon scale back its economic stimulus offset reports that Japan would ramp up its own stimulus.
LONDON, Dec 3- The yen fell against the dollar on Tuesday as strong U.S. data the previous day raised expectations the Federal Reserve could soon scale back its bond-buying while Japanese monetary policy looks set to stay loose for some time. The dollar rose 0.1 percent to 103.04 yen.