GO
Loading...

Foreign Exchange

More

  • European markets close: German M&A     Monday, 22 Sep 2014 | 11:30 AM ET

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including Germany Merck's deal to buy Sigma-Aldrich, and why mining stocks across Europe are down.

  • FOREX-Dollar softens after record run-up Monday, 22 Sep 2014 | 10:42 AM ET

    An exception was the Australian dollar, stung by concerns over global growth and suggestions at a meeting of G20 officials that China might hold off from further stimulus for the economy. Australia's currency is often used as a liquid proxy for China plays, as the two countries are major trading partners.

  • New IPOs test whether there's life after Alibaba Monday, 22 Sep 2014 | 10:23 AM ET
    Trader on the floor of the New York Stock Exchange during Alibaba IPO, September 19, 2014.

    A new wave of IPOs is building, and will answer the market's question of whether there's life after Alibaba's massive offering.

  • Dollar sits back after record-breaking run higher Monday, 22 Sep 2014 | 9:55 AM ET

    The dollar index racked up a 10th straight week of gains on Monday, its longest winning streak since its free float in 1973.

  • Sept 22- Home cleaning products maker Clorox Co said it was discontinuing operations in Venezuela as the business was no longer viable and that it was looking to sell its assets there. Venezuela devalued its currency bolivar last year, which forced a number of consumer goods companies such as Colgate-Palmolive Co and Avon Products Inc to slash product prices.

  • LONDON, Sept 22- Major currencies recovered some ground against the dollar on Monday after the dollar index racked up a 10th straight week of gains, its longest winning streak since its free float in 1973..

  • *Exchange seeks expansion in top metals consumer China. The launch of LME Clear is a key step by LME owner Hong Kong Exchanges and Clearing Ltd to generate profits after paying $2.2 billion to buy the LME in December 2012, a price which many analysts regarded as very high.

  • *Siemens shares down 0.6 percent, Sulzer down 4.2 percent. FRANKFURT, Sept 22- Germany's Siemens has agreed to buy U.S. oilfield equipment maker Dresser-Rand for $7.6 billion in cash, aiming to catch up with arch-rival General Electric in a booming U.S. shale gas market.

  • LONDON, Sept 22- Sterling rose on Monday, inching back towards recent two-year highs against the euro and moving higher against the dollar as investors focused on Britain's economic fundamentals and interest rate expectations after Scotland's independence vote.

  • LONDON, Sept 22- Major currencies recovered some ground against the dollar on Monday after the dollar index racked up a 10th straight week of gains, its longest winning streak since its free float in 1973..

  • FRANKFURT, Sept 22- Industrial conglomerate Siemens AG said on Monday it would buy U.S. oilfield equipment maker Dresser-Rand Group Inc for $7.6 billion in a move that would significantly boost the German company's oil and gas business in North America.

  • TOKYO, Sept 22- The dollar hovered near six-year highs against the Japanese yen on Monday, underpinned by expectations the world's biggest economy will see the start of its rate-tightening cycle sooner-than-expected.

  • Alibaba IPO: A study in price transparency Friday, 19 Sep 2014 | 4:34 PM ET
    Alibaba signage at the New York Stock Exchange at their IPO, September 19, 2014.

    Investors go bonkers for Alibaba. The stock finally opened just before noon as buy and sell orders were getting matched.

  • *Scotland to stay in UK but pound falls on profit-taking. NEW YORK, Sept 19- The dollar gained against a basket of major currencies on Friday, posting its 10th consecutive week of gains, as investors bet U.S. interest rates would rise more quickly than had been expected.

  • *Gold heads for weekly drop of nearly 1 pct. NEW YORK/ LONDON, Sept 19- Gold fell on Friday to its lowest price since January, and silver slumped to a four-year low as the dollar soared to its highest against the euro in four years on bets that U.S. interest rates will rise sooner than expected.

  • Dollar on track for 10th week of gains Friday, 19 Sep 2014 | 12:16 PM ET

    The dollar rose against a basket of major currencies on Friday as investors bet U.S. interest rates would rise more quickly than expected.

  • *Scotland to stay in UK, but pound down on profit-taking. NEW YORK, Sept 19- The dollar rose against a basket of major currencies on Friday, on track for its 10th consecutive week of gains, as investors bet U.S. interest rates would rise more quickly than expected.

  • LONDON, Sept 19- Sterling's gains to a two-year peak against the euro and a two-week high versus the dollar on Friday after Scottish voters rejected independence ran out of steam as investors focused on the UK economy and new constitutional problems for Britain. These could add some uncertainty to UK growth prospects and tie sterling down in the near term.

  • CAIRNS, Australia, Sept 19- Japanese Finance Minister Taro Aso said on Friday there was no discussion on currency moves at his meeting with U.S. He also said the two agreed on the need to achieve sustainable economic growth in Japan and the United States as the euro-zone economy stagnates.

  • LONDON, Sept 19- Sterling fell back against the dollar on Friday to stand lower on the day, handing back all of its gains since the first signs overnight that Scotland was voting "No" to splitting off from the United Kingdom.