*Safe-haven bids on yen unwound on hopes for Ukraine initiative. TOKYO, April 18- The yen slipped to 10- day lows against the dollar on Friday after speculators unwound some safe-haven trades following upbeat U.S. economic data and on hopes for a diplomatic initiative seeking an end to violence in Ukraine.» Read More
Global equities fell to two-week lows, triggered by selling on Wall Street on Thursday. Wall Street stocks continued their decline on Friday, spurring a broad risk-averse environment that led to selloffs in higher-yielding and emerging market currencies.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the selloff in tech and the chances of QE in the EU.
Companies--some of whom delayed offerings--need a good stock market at their back to have a strong IPO.
NEW YORK, April 11- The safe-haven U.S. dollar rose on Friday, benefiting from a sell-off in equities around the world, as investors fretted about what seemed like overstretched valuations. Global equities fell to two-week lows, triggered by selling on Wall Street on Thursday.
The dollar lost 2.5 percent against the yen since last Friday, on guidance that the Federal Reserve will not soon raise base interest rates.
In morning trade in Europe, it was down 0.06 percent against the yen and 0.04 percent up against the euro at 101.46 yen and $1.3892 respectively. "The dollar is looking weak against the yen and sterling, while the euro continues to surprise us," said Lee McDarby, executive director of UK corporate FX sales at Nomura International Plc in London.
LONDON, April 11- The yen fell back a third of a percent against the dollar on Friday but remained on track for its best week since the start of March as a slump in confidence in U.S. stock markets sent investors scurrying for traditional safe havens.
Michael Sneyd, FX analyst at BNP Paribas, says stronger U.S. data in Q2 will strengthen the dollar, particularly against the yen and euro.
TOKYO, April 11- The yen was on track to post its biggest weekly gain against the dollar in four weeks on Friday as a Wall Street share selloff and Asia's diminishing risk appetite boosted the safe-haven yen. Market participants said renewed concerns over Ukraine were also a factor to watch, with the yen standing to gain from its safe-haven status.
SYDNEY, April 11- The dollar is on track for its biggest weekly fall in nine-months early on Friday, having given up all of its recent gains as markets become increasingly convinced that any interest rate hike by the Federal Reserve is still a long way off.
The emerging market carry trade is back on, helping chase up the very assets sold off last year amid concerns U.S. interest rates would rise.
*Dollar index falls to three-week lows. NEW YORK, April 10- The dollar dropped to three-week lows against the yen and the Swiss franc on Thursday, sliding for a second day after minutes of the Federal Reserve's March meeting disappointed investors who had been positioned for an interest rate increase early next year.
LONDON, April 10- Senior foreign exchange officials from the world's major central banks will gather in Sydney on Friday, with allegations of collusion and price manipulation in the world's largest financial market likely to dominate the regular annual meeting.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the decision by the Bank of England to leave interest rates unchanged.
The dollar hit a three-week low on Thursday after minutes from the Federal Reserve's March meeting disappointed dollar bulls.
*Dollar index falls to three-week lows. NEW YORK, April 10- The dollar dropped to three-week lows against the yen and the Swiss franc on Thursday after minutes of the Federal Reserve's March meeting disappointed investors positioned for a gradual tightening in monetary policy.
*Dollar hovers near three-week lows. LONDON, April 10- The dollar weakened to near three-week lows versus the yen and the Swiss franc on Thursday after minutes from the Federal Reserve's March meeting disappointed investors positioned for a gradual shift in its monetary policy outlook.
CNBC's Stephane Pedrazzi reports on Carrefour's earnings which saw sales hit by negative currency effects.
SYDNEY/ SINGAPORE, April 10- The dollar hit a three-week low versus a basket of major currencies on Thursday after minutes from the Federal Reserve's March meeting disappointed dollar bulls, while the Aussie dollar surged on data showing solid Australian jobs growth.
As a result, the dollar index has just about relinquished all of its gains made since the head of the U.S. central bank on March 19 suggested that interest rates may rise as soon as early next year.