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  • RUSSIAN CENTRAL BANK SAYS CONDUCTS NO FOREX MARKET INTERVENTIONS ON JAN 20.

  • Hyundai blamed unfavorable foreign exchange rates for the lower earnings. Even though the South Korean won fell against the U.S. dollar in favor of Hyundai, it rose against the Russian ruble and the currencies of other emerging market nations. For this year, Hyundai forecast sales will grow just 1.8 percent to 5.05 million vehicles, the weakest growth in recent...

  • BEIJING, Jan 22- China is closely monitoring its cross-border capital flows, the foreign exchange regulator said on Thursday, amid signs that money is leaving the world's second-largest economy as it slows. But China is able to manage risks from capital outflows as the country still posts a solid trade surplus, the State Administration of Foreign Exchange said.

  • Asian stock markets boosted by ECB stimulus plan Thursday, 22 Jan 2015 | 12:11 AM ET

    NEW YORK— A plan to revive Europe's sagging economy rippled through the financial world on Thursday, setting off a rally in the stock market that wiped out its losses for the new year. The pledge by the European Central Bank to spend 1.1 trillion euros on bonds knocked down government borrowing rates across Europe and drove the euro to its lowest level against the...

  • ZURICH, Jan 22- The Swiss National Bank is keeping all options open after scrapping a cap on the franc against the euro which would have cost 100 billion francs to defend this month alone, one rate-setter told a Swiss paper. His comments come a source told Reuters on Wednesday that the European Central Bank is homing in on a programme that would enable it to buy 50...

  • SYDNEY/ SINGAPORE, Jan 22- The euro held steady on Thursday as investors awaited details of a sovereign bond-buying programme that the European Central Bank is seen likely to announce later in the day. A euro zone source said on Wednesday the ECB's Executive Board has proposed a programme that would enable the bank to buy 50 billion euros in bonds per month...

  • With oil prices down by more than half since mid-2014, Venezuela's economic mess has hit Maduro's popularity hard and threatened the future of the ruling "Chavismo" movement named for his charismatic predecessor Hugo Chavez. The 52- year-old Maduro blamed political foes for Venezuela's dismal economic data, but he also announced the most concrete changes in...

  • TOKYO, Jan 22- Asian shares held near six-week highs on Thursday as investors bet the European Central Bank will unveil a bond-buying stimulus programme later in the day in an attempt to revive the flagging euro zone economy. The loonie skidded almost 2 percent- its biggest one-day drop since November 2011- to as far as $1.2420 per U.S. dollar, and last stood at C...

  • SYDNEY, Jan 22- The Canadian dollar languished at its lowest in nearly six years early on Thursday, having suffered a massive drop after the Bank of Canada stunned markets by cutting interest rates. The surprise easing came as the European Central Bank is widely expected to launch a large-scale sovereign bond-buying program. The Canadian dollar skidded almost...

  • *Bank of Canada cuts overnight rate to 0.75 percent, slashes outlook. TORONTO, Jan 21- The Canadian dollar retreated nearly 2 percent to its weakest level since April 2009 after the Bank of Canada shocked financial markets on Wednesday with an interest rate cut, while bond yields fell to record lows. The move was the first since September 2010, ending the longest...

  • CARACAS, Jan 21- President Nicolas Maduro was set to make announcements on Venezuela's economy in his annual speech to parliament on Wednesday, after several delays to promised measures to shore up the recession-hit OPEC country. Economists guess Venezuela may devalue its bolivar currency, since Maduro has spoken about making unspecified changes to the...

  • NEW YORK, Jan 21- The dollar slipped to a nearly one-week low against the euro on Wednesday before paring losses after reports on the European Central Bank's expected bond-buying program sparked a knee-jerk reaction from traders. The euro, which earlier hit a near one-week high of $1.16800, pared gains and last traded 0.19 percent higher against the dollar at...

  • ZURICH, Jan 21- Swiss chocolate maker Barry Callebaut warned on Wednesday the strong Swiss franc could hit its results, after sales revenue rose 15.1 percent in the quarter to November helped by higher cocoa bean prices. Barry Callebaut said it conducted 99 percent of its business outside of Switzerland so had limited operational exposure to the surging franc,...

  • LONDON, Jan 21- Britain's vast foreign exchange markets need more regulation in the wake of a currency rate-fixing scandal that landed global banks with heavy fines last year, a lawyer who investigated the case said on Wednesday. Anthony Grabiner, speaking to British lawmakers, said care should be taken not to undermine the effectiveness of London as a centre...

  • LONDON, Jan 21- Britain's vast foreign exchange markets need more regulation in the wake of a currency rate-fixing scandal that landed global banks with heavy fines last year, a lawyer who investigated the case said on Wednesday. Anthony Grabiner, speaking to British lawmakers, said care should be taken not to undermine the effectiveness of London as a centre...

  • RBS: ECB to surprise on QE size  Wednesday, 21 Jan 2015 | 11:30 AM ET

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a preview of tomorrow's ECB statement.

  • These stocks have a strong dollar problem Wednesday, 21 Jan 2015 | 11:22 AM ET
    An employee selects a HP EliteDesk desktop computer, produced by Hewlett-Packard Co., from a pallet of boxed HP computers in a warehouse in this arranged photograph taken in London, U.K.

    Expected ECB QE will likely send the U.S. dollar even higher, hurting some big-name tech stocks such as HP in the process, if history is a guide.

  • *Canadian dollar touches C $1.2420 vs US$, or C $80.52 U.S. cents. *Bank of Canada cuts overnight rate to 0.75 percent, slashes outlook. TORONTO, Jan 21- The Canadian dollar on Wednesday plunged more than 2 percent to its weakest since April 2009 after the Bank of Canada shocked financial markets with an interest rate cut, while bond yields fell to record lows across the...

  • NEW YORK, Jan 21- The dollar fell against the euro on Wednesday after published reports indicated the European Central Bank has proposed a smaller bond-buying program than expected, while the dollar slipped against the yen after the Bank of Japan left its stimulus program unchanged. The euro hit a nearly one-week high against the dollar of $1.168 after the Wall...

  • LAGOS, Jan 21- Nigerian currency dealers agreed on Wednesday to halt trading if there is a more than 2 percent intraday slide in the naira, which is being hit by the oil price slump and is at risk of speculative attacks. Like other emerging market currencies, the naira is also under pressure as the dollar strengthens on expectations the United States will soon raise...