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  • *Yellen refrains from giving clear hint on rate hike timing. LONDON, Feb 25- The dollar fell against a basket of currencies on Wednesday after Federal Reserve Chair Janet Yellen suggested the central bank would not be rushed into kicking off the U.S. interest rate tightening cycle. "Some investors were positioned for more hawkish comments and they were...

  • KIEV, Feb 25- Ukraine's central bank stepped up controls on banks' access to foreign currency on Wednesday to try to stem the collapse of the hryvnia, preventing them from buying any for clients this week and limiting what they could buy for themselves. Ukraine has scrambled to introduce restrictions on foreign currency purchases to try to stop a fall in the...

  • Dollar slips as Yellen shows no rush to raise rates Wednesday, 25 Feb 2015 | 12:11 AM ET

    The dollar edged down against the yen Janet Yellen suggested the Fed won't be rushed into kicking off the U.S. interest rate tightening cycle.

  • SINGAPORE/ TOKYO, Feb 25- The dollar edged down against the yen on Wednesday after Federal Reserve Chair Janet Yellen suggested the Fed won't be rushed into kicking off the U.S. interest rate tightening cycle. In closely watched remarks before the U.S. Senate Banking Committee on Tuesday, Yellen said the Fed is preparing to consider interest rate hikes "on a...

  • TOKYO, Feb 25- The dollar edged down against the yen and euro early on Wednesday after Federal Reserve Chair Janet Yellen held back from giving a clear view on when the Fed may begin raising interest rates. In closely watched remarks before the U.S. Senate Banking Committee on Tuesday, Yellen avoided the word "patient" in describing the Fed's approach to raising...

  • PARIS, Feb 25- Airbus Group may take up to 500 million euros in charges for the latest delays to its A400M military transport plane when it reports 2014 earnings on Friday, analysts said. While Airbus has promised to give a financial update on the project with its annual earnings, it is likely to take longer to establish a definite new timetable for deliveries.

  • Yellen keeps the markets calm Tuesday, 24 Feb 2015 | 5:46 PM ET
    Janet Yellen

    The regular session saw a fairly broad rally, even as Janet Yellen talked about rates.

  • CARACAS, Feb 24- About a dozen foreign energy companies in Venezuela have been authorized to exchange foreign currency at a new, more advantageous rate in bolivars in order to boost cash flow and speed up projects, a high-level PDVSA source said on Tuesday. The companies, participating in joint ventures in various fields around Venezuela, can now buy local...

  • Yellen takes it slow, and that pleases markets Tuesday, 24 Feb 2015 | 12:36 PM ET
    Janet Yellen

    Say what you will about the Fed being behind the curve, Yellen has mastered the art of managing expectations.

  • LONDON, Feb 24- Dollar bonds issued by Ukrainian companies sold off heavily on Tuesday after authorities tightened currency controls, with state-run Ukreximbank's bond maturing in April down 2.5 cents. Ukreximbank's $750 million issue that matures on April 27, is now trading at less than 60 cents in the dollar, Thomson Reuters data shows.

  • NEW YORK, Feb 24- The dollar was up slightly against a basket of currencies on Tuesday, almost erasing earlier gains as Federal Reserve Chair Janet Yellen offered no commitment as to when the U.S. central bank might raise interest rates. It's very cautious and very couched, "said Boris Schlossberg, managing director of FX strategy at BK Asset Management in New York.

  • Feb 24- Home Depot Inc, the world's No. 1 home improvement chain, posted a better-than-expected rise in quarterly same-store sales on Tuesday but the company warned that a strong dollar will likely hurt 2015 earnings. Chairman and Chief Executive Craig Menear said if the U.S. dollar stays at current levels the company expects a negative impact of $1 billion to...

  • Waiting for Yellen Q&A, but QE helping elsewhere Tuesday, 24 Feb 2015 | 10:21 AM ET
    The Federal Reserve building in Washington.

    As investors await word on U.S. interest rate increases, quantitative easing certainly seems to be helping stock markets in Europe and Japan.

  • LONDON, Feb 24- The dollar rose to a two-week high against the yen on Tuesday ahead of testimony by Federal Reserve chief Janet Yellen, which should show whether the U.S. central bank is on track to raise interest rates later this year. A more subdued performance against the euro, where investors were awaiting the reaction of Germany and other euro zone leaders to...

  • LONDON, Feb 24- Monetary easing expectations weighed on the Israeli shekel and Turkish lira on Tuesday amid broader weakness among emerging market currencies, though the rouble stabilised after recent heavy falls. Markets shrugged off an announcement that Barclays would eject 10 dollar- denominated and one euro- denominated Russian bond from its Global...

  • *Fed's Yellen testifies to Congress at 1000 EST/ 1500 GMT. LONDON, Feb 24- World shares held near all-time highs on Tuesday on relief that Greece had submitted reform plans and the dollar was firmer on expectations that Fed chair Janet Yellen would keep the bank nudging towards U.S. rate hikes. The dollar gained 0.4 percent to 119.34 yen and was up roughly 0.15...

  • FOREX-New Zealand dollar sags, eyes on Fed's Yellen Tuesday, 24 Feb 2015 | 4:04 AM ET

    *Greece presents reform plan on Tuesday. LONDON, Feb 24- The New Zealand dollar was the biggest mover on major currency markets on Monday, diving more than one percent against its U.S. counterpart after a drop in inflation expectations. The yen inched lower against the dollar and the euro was steady as investors awaited the next stage in talks over a temporary...

  • MINSK, Feb 24- The Belarussian central bank said on Tuesday it had reduced the share of foreign-currency revenues that Belarussian companies are obliged to sell to 40 percent from 50 percent. Obligatory foreign-currency sales were introduced as a means of supporting the Belarussian rouble. The central bank said the measure had stabilised the currency...

  • *Greece to present reform plan on Tuesday, misses Monday deadline. TOKYO/ SINGAPORE, Feb 24- The dollar edged higher against the yen on Tuesday, but traders were wary of making too many bets on the currency ahead of congressional testimony by Federal Reserve Chair Janet Yellen. Against the yen, the dollar edged up 0.2 percent to 119.08 yen, having traded in a range of...

  • *Early euro rise sags, Athens misses deadline to present reforms. TOKYO, Feb 24- The dollar was steady against the yen on Tuesday, with the market wary of taking too many bets on the currency ahead of congressional testimony by Federal Reserve Chair Janet Yellen. Yellen's appearance before the U.S. Senate Banking Committee is drawing extra attention after...