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Foreign Exchange

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  • LONDON, Nov 20- The dollar eased off a seven-year peak just shy of 119 yen on Thursday ahead of data that is expected to show U.S. consumer prices moderating as deflationary forces take hold across the globe. The dollar earlier romped as far as 118.98 yen, its highest since August 2007, after minutes from the Federal Reserve suggested the United States is still...

  • Only Lew can stop dollar's bull run: HSBC's Bloom Thursday, 20 Nov 2014 | 5:24 AM ET
    Treasury Secretary Jack Lew

    The greenback will rise steadily against each of its major counterparts in the next year as the Fed looks to raise rates, according to HSBC's David Bloom.

  • LONDON, Nov 20- The dollar powered to a seven-year peak just shy of 119 yen on Thursday after Federal Reserve minutes suggested the United States is still likely to raise interest rates next year, in stark contrast to Japan's ultra-loose policy outlook. The greenback last traded at 118.63 yen, 0.6 percent higher on the day and up around 9 percent since the Bank of...

  • SILUANOV DOUBTS THE MINISTRY WILL HAVE FUNDS FOR FOREX OR ROUBLE DEPOSIT AUCTIONS IN 2015.

  • RUSSIAN FINANCE MINISTER SILUANOV SAYS TO PLACE REMAINING $900 MLN IN FOREX DEPOSIT AUCTIONS BY THE END OF 2014.

  • MOSCOW, Nov 20- The rouble opened stronger against both the dollar and the euro on Thursday, supported by end-of-month taxes that raise demand for the Russian currency, as volatility eased. "Persistent excessive volatility was likely one of the main factors behind the deterioration of forex spot liquidity," VTB Capital analysts said in a note.

  • Rouble opens stronger vs dollar, euro Thursday, 20 Nov 2014 | 2:09 AM ET

    MOSCOW, Nov 20- The rouble opened stronger against both the dollar and the euro on Thursday, with the end-of-month tax period when companies sell foreign currency to meet payments providing support to the Russian currency. At 0706 GMT, the rouble was around 0.3 percent stronger against the dollar at 46.73 and gained 0.3 percent to trade at 58.56 versus the euro.

  • David Bloom, global head foreign exchange strategy at HSBC, says the dollar is on a bull run as central banks around the world are looking to weaken their currencies as the greenback strengthens.

  • Turkey 'most worrying' EM: Pro     Thursday, 20 Nov 2014 | 1:45 AM ET

    Manik Narain, head of EMEA FX and fixed income strategy at UBS, says there are "cracks" in Turkey's economy making it one of the worst emerging markets.

  • SYDNEY/ SINGAPORE, Nov 20- The yen slid on Thursday, striking seven-year lows against the dollar and a six-year trough versus the euro as speculators poured into carry trades funded by a tide of super-cheap liquidity from the Bank of Japan. The dollar romped as far as 118.64 yen, its highest level since August 2007. The greenback last traded at 118.62 yen, up 0.6...

  • Solving the investor's Big Data problem Thursday, 20 Nov 2014 | 12:00 AM ET

    CNBC has announced a strategic partnership with Kensho, a company that was set up to answer complex financial questions...in a few seconds.

  • What matters for markets next year: Goldman Wednesday, 19 Nov 2014 | 10:01 PM ET
    Statues of a bull and a bear outside the Frankfurt Stock Exchange

    It's crystal-ball time for markets and Goldman Sachs is no different, outlining top-10 themes for 2015, eyeing the economic recovery, China and oil.

  • *MSCI Asia index excluding Japan slips 0.3 percent. MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.3 percent, briefly touching a three-week low. The China flash HSBC/ Markit manufacturing purchasing managers' index published on Thursday showed factory output contracted in the world's third-biggest economy for the first time in six...

  • Nikkei advances on weak yen, global demand hopes Wednesday, 19 Nov 2014 | 8:55 PM ET

    TOKYO, Nov 20- Japanese stocks edged up on Thursday as a further weakening of the yen boosted market sentiment. The Nikkei benchmark added 0.2 percent to 17,318.85 "A huge chunk of Japanese corporate profits come from overseas, and with the weak yen, investors are rushing to buy today," said Takashi Hiroki, chief strategist at Monex Inc. in Tokyo.

  • *MSCI Asia index excluding Japan slips 0.3 percent. TOKYO, Nov 20- Asian mostly stocks fell on Thursday apart from Tokyo, where shares bucked the downward trend and rose in reaction to a further weakening in the yen. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.3 percent, with an extended decline in oil and other commodity prices continuing to...

  • SYDNEY, Nov 20- The yen slid on Thursday, striking seven-year lows against the dollar and a six-year trough versus the euro as speculators poured into carry trades funded by a tide of super-cheap liquidity from the Bank of Japan. The dollar romped as far as 118.09 yen, up over a full yen in 24 hours and almost 10 yen since the BOJ sprang its surprise stimulus steps on...

  • FOREX-Dollar reaches seven-year highs against yen Wednesday, 19 Nov 2014 | 3:35 PM ET

    Diverging economic outlooks for the United States, Europe and Japan make it likely that the Fed will begin raising rates next year while the Japanese and European central banks maintain stimulus to try to facilitate growth in their regions. "The market is still bullish on the dollar and is looking for dips to buy," said Greg Anderson, global head of FX strategy for...

  • Dollar weaker vs euro after Fed minutes Wednesday, 19 Nov 2014 | 2:18 PM ET

    The US dollar was slightly weaker against the euro and the yen after the Federal Reserve released the minutes of last month's meeting.

  • US DOLLAR SLIGHTLY WEAKER AGAINST EURO AND YEN AFTER FED MINUTES.

  • The campaign- backed by money transfer company, Transfer Wise- is the latest push for more transparency by companies in London which are trying to eat into margins on transactions the World Bank says average as much as nine percent. Transfer Wise laid out research from the World Bank and the Charterhouse agency which showed that banks and other traditional...