Foreign Exchange


  • LONDON, Sept 10- The dollar hit a six-year high against the yen while trouncing the Australian dollar and several emerging currencies on Wednesday, the latest sign of a long-awaited return of volatility to the world's biggest financial market.

  • FX COLUMN- Short sterling/long Norway: the Scottish Play? Wednesday, 10 Sep 2014 | 7:54 AM ET

    LONDON, September 10- Selling sterling versus the Norwegian crown might chime with foreign exchange traders who wish to position themselves for the possibility Scotland votes to leave the United Kingdom on Sept. 18.

  • LONDON, Sept 10- Global shares struggled on Wednesday as markets added to bets on an early U.S. rate hike while nagging concerns over Scotland's future unnerved investors in Europe, hurting sterling and helping the dollar hold on to recent gains.

  • LONDON, Sept 10- Sterling hit a fresh 10- month low against the dollar and a three-month trough against the euro on Wednesday, with traders citing an online survey on the Scottish independence which gave the "Yes" camp a strong lead.

  • BERLIN, Sept 10- German venture capital group Rocket Internet, which has launched dozens of online start-ups, has set out plans for a stock market listing that could value the company at 5 billion euros as it rides a wave of e-commerce flotations.

  • Currency question at heart of Scottish debate Wednesday, 10 Sep 2014 | 2:19 AM ET

    There'll be no going back if Scotland votes for independence from the United Kingdom on Sept. 18. If a knockout blow is dealt to Scotland's 307- year union with England, that selling could accelerate as the U.K. plunges into a constitutional crisis.

  • TOKYO/ SYDNEY, Sept 10- The dollar rose to a new six-year high against the yen on Wednesday, as the Australian dollar nursed a second session of heavy losses after further gains in U.S. The rise in U.S. yields helped the greenback hit a fresh six-year high of 106.56 yen on the EBS trading platform.

  • Nikkei turns positive as dollar hits fresh high vs yen Wednesday, 10 Sep 2014 | 1:58 AM ET

    TOKYO, Sept 10- Japan's Nikkei share average edged up on Wednesday afternoon, erasing earlier losses after the dollar hit another six-year high against the yen, which lifted exporters such as Honda Motor Co and Panasonic Corp. The Nikkei added 0.2 percent to 15,785.29 in afternoon trade, moving close to its seven-month high of 15,829.38 hit last week.

  • Strong dollar not a negative for US assets: Pro     Wednesday, 10 Sep 2014 | 1:00 AM ET

    Beat Siegenthaler, chief strategist at UBS, says a stronger dollar will not weigh on U.S. assets.

  • SYDNEY, Sept 10- The Australian dollar nursed a second session of heavy losses early on Wednesday as investors unwound popular carry trades amid a pick-up in market volatility and further gains in U.S. It slid to its lowest in over five months at $0.9188, before edging back to $0.9210.

  • Dollar gains on rate rise view, euro stable Tuesday, 9 Sep 2014 | 3:23 PM ET

    Investors bet that the U.S. economy is growing at a pace that is likely to lead the Federal Reserve to begin raising interest rates next year.

  • NEW YORK, Sept 9- The dollar hit a 14- month peak against a basket of currencies on Tuesday as investors bet that the U.S. economy is growing at a pace that is likely to lead the Federal Reserve to begin raising interest rates next year.

  • BERLIN, Sept 9- German venture capital group Rocket Internet is set to unveil plans on Wednesday to float a stake of just below 15 percent in the company in an IPO worth about 750 million euros, two sources familiar with the transaction told Reuters on Tuesday.

  • European markets close: Selloff extended     Tuesday, 9 Sep 2014 | 11:34 AM ET

    CNBC's Simon Hobbs reports bank and energy stocks weigh on European markets ahead of next week's Scottish independence vote.

  • Forget the iPhone, Apple has 2 bigger fish to fry Tuesday, 9 Sep 2014 | 9:46 AM ET

    Everyone is waiting to see what Apple will unveil on Tuesday, but all the heat and light will focus on two major initiatives.

  • NEW YORK, Sept 9- The dollar hit a 14- month peak against the euro on Tuesday, on optimism the U.S. economy is growing in line with expectations that the Federal Reserve may begin raising interest rates next year.

  • *Sterling rises, but risk of Scotland independence weighs. But the boost to sterling was fleeting amid growing worries that Scotland may vote for independence. Investors had until late August largely ruled out the chance of Scotland breaking away from the three-century old union.

  • LONDON, Sept 9- Emerging stocks hit one-week lows on Tuesday and most currencies fell versus the robust dollar as investors re-assessed the likely timing of a U.S. interest rate hike, but a delay in EU sanctions fueled a rebound in Russian assets.

  • Japan stands at crossroads of further yen weakness Tuesday, 9 Sep 2014 | 5:34 AM ET

    *Few companies want yen to drop below 110 yen- Reuters poll. TOKYO, Sept 9- Japan is waking up to the reality that a blessing can come with a curse: the weaker yen sought by policymakers has a downside for some companies and the broader economy. By contrast, the Bank of Japan is expected to keep its ultra-easy policy until it meets its target of two percent inflation.

  • LONDON, Sept 9- A robust dollar swept to a 14- month high on Tuesday as investors tweaked bets on an early hike in U.S. interest rates, burdening oil, gold and stocks in the energy majors. As the dollar broke to a six-year peak on the yen and a 14- month top against the euro, gold sagged to a three-month trough and Brent oil settled below the $100 a barrel mark.