GO
Loading...

Foreign Exchange

More

  • FOREX-Dollar touches 11-year peak as euro gains fade Monday, 2 Mar 2015 | 11:58 AM ET

    *ECB policymakers meet in Cyprus on Wednesday, Thursday. The yen was off 0.45 percent at 120.07 yen to the dollar in late-morning New York trade. "The dollar's long-term trend is up but it now is in some consolidation," said Paul Christopher, international strategist at Wells Fargo in St Louis.

  • Europe closes: ECB meeting Thursday  Monday, 2 Mar 2015 | 11:29 AM ET

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including shares of oil companies moving lower, and the concern for Greece.

  • LONDON, March 2- Sterling fell on Monday, retreating from a seven-year high against the euro and an eight-week peak against the dollar as the prospect of an unsettling British parliamentary election in May clouded the outlook. Last week, sterling hit a more than six-year high against a trade-weighted basket of currencies on expectations the Bank of England...

  • JOHANNESBURG, March 2- Angola's central bank will probably have to devalue the kwanza and raise interest rates this year as a sharp drop in oil prices saps foreign exchange supply, the Angolan unit of Africa- focused investment bank Imara Securities said on Monday. Oil-dependent Angola slashed $17 billion off its budget this year due to the drop in the price of...

  • LONDON, March 2- The euro gained a third of a percent against the dollar on the back of marginally better economic numbers on Monday, showing some resilience ahead of the launch of outright money-printing by the European Central Bank. The Australian dollar was the biggest loser, down almost one percent against the euro, on speculation that China's weekend cut in...

  • LONDON, March 2- Sterling fell on Monday, retreating from a seven-year high against the euro and an eight-week peak against the dollar as May's potentially unsettling general election clouded the outlook for the British currency. "The BoE has been reacting a little more hawkish to the recent better than expected UK economic data. This has lifted sterling back to...

  • Dealers and analysts in London, where 60 percent of the world's currency trade is done, said the main theme of the next week would be how markets will deal with the launch of outright money-printing by the European Central Bank. It was down just under 0.1 percent against the dollar in early European deals, having sunk to a 5- week low after the People's Bank of China...

  • SINGAPORE, March 2- Oil dropped more than 1 percent on Monday, with Brent slipping below $62 a barrel, depressed by a stronger dollar and a rise in Libya's crude output. "The U.S. dollar strength and euro weakness tend to offset any positive reaction that we're supposed to see in oil prices," said Ric Spooner, chief analyst at CMC Markets in Sydney. Brent crude hit a low of...

  • *Dollar hits 2- year high vs yuan after China rate cut. TOKYO/ SYDNEY, March 2- The dollar hit an 11- year high against a basket of major currencies on Monday, with the greenback gaining a broad lift after an interest rate cut in China dented the Chinese yuan and emerging Asian currencies. After rallying to $0.7850 earlier on Monday, the Aussie dollar reversed course...

  • *MSCI's Asia-Pacific stock index up 0.1 pct after China rate cut. *Australian shares hit 7- year high after China eases. *But overall impact from China cut limited, AUD hands back gains.

  • FOREX-Euro slips, Aussie shrugs off China rate cut Sunday, 1 Mar 2015 | 5:45 PM ET

    *Aussie reverses rally as China rate cut effect quickly fades. *HSBC final China PMI report due next. SYDNEY, March 2- The flagging euro probed fresh one-month lows early on Monday in a subdued start to the week, while an interest rate cut in China over the weekend gave commodity currencies only a fleeting boost.

  • A prime opportunity to turbo-charge our economy Friday, 27 Feb 2015 | 4:23 PM ET
    Vern Buchanan Meets with Japanese Foreign Minister Fumio Kishida

    Here's a prime opportunity to turbo-charge our economy, says Rep. Vern Buchanan, a House Ways and Means member, who just returned from Asia.

  • Dollar flat, set to extend monthly winning streak Friday, 27 Feb 2015 | 3:43 PM ET

    The dollar index ended stayed on track for a record eighth month of gains on improving data and comments from Fed officials.

  • NEW YORK, Feb 27- The dollar index ended little changed on Friday as it stayed on track for a record eighth month of gains on improving U.S. data and comments from Federal Reserve officials that bolstered bets for a interest rate rise later this year. "The trend is still in place to support the dollar," said Eric Viloria, currency strategist at Wells Fargo Securities in...

  • Great month for stocks, what's next? Friday, 27 Feb 2015 | 2:51 PM ET
    Traders work on the floor of the New York Stock Exchange, Feb. 20, 2015.

    Just about everything is up five percent this month

  • NEW YORK, Feb 27- The dollar index dipped on Friday on month-end selling but remained on track for a record eighth month of gains on improving U.S. data and comments from Federal Reserve officials that bolstered bets for a interest rate rise later this year. "The trend is still in place to support the dollar," said Eric Viloria, currency strategist at Wells Fargo...

  • Europe close: Bundestag backs Greek extension  Friday, 27 Feb 2015 | 11:27 AM ET

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a vote in favor of the 4-month extension on the Greek debt by the German Bundestag.

  • MOSCOW, Feb 27- The rouble and Russian shares fell on Friday, ending the month on a cautious note after a rally the day before, as support from monthly taxes waned and oil prices remained volatile. At 1550 GMT the Russian currency was down 1 percent to 61.73 against the dollar and by a similar amount against the euro at 69.32. Although oil benchmark Brent was up around 2...

  • Careful: Earnings are turning negative Friday, 27 Feb 2015 | 10:03 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Investors should be cautious as earnings for this year's first quarter are lower than last year's.

  • *Dollar index eases from previous day's 1- month high. Jan CPI, durables goods data raise rate-hike bets. LONDON, Feb 27- The dollar index fell on Friday amid month-end selling but was still on track for a record eighth month of gains on better data and comments from Federal Reserve officials that bolstered bets for a rate rise later this year.