The dollar held gains versus the yen and the euro was firm after rebounding from an eight-month low on promising U.S. and eurozone economies.» Read More
NEW YORK, July 24- The euro rose on Thursday from an eight-month low versus the U.S. dollar on better-than-expected German and French business data, while the New Zealand dollar sank after that nation's central bank hinted it may pause in raising rates further.
Flash manufacturing data came in mostly stronger than expected, but a mixed report from Caterpillar tempered hopes.
The euro climbed from an eight-month low on Thursday after German and French business activity beat expectations.
*US tech stocks buoyed by Apple; Facebook at record high. Those measures were proposed after a Malaysian Airlines plane was downed over Ukraine last week, killing 298, possibly by a missile furnished by Russia.
LONDON, July 24- The euro climbed from an eight-month low on Thursday after German and French business surveys beat expectations, although the risks to the euro zone economy from any tougher sanctions on Russia curbed gains.
*US tech stocks buoyed by Apple; Facebook at record high. LONDON, July 24- The euro pulled off 8- month lows against the dollar on Thursday after the bloc's private sector expanded at its fastest rate in three months in July, and emerging equities hovered near 17- month highs after strong Chinese data.
LONDON, July 24- The euro climbed from an eight-month low on Thursday after German and French business activity beat expectations, although fears that possible tougher sanctions on Russia would hurt the euro zone were seen limiting gains.
July 23- Britain's markets regulator and a group of global banks are in talks to reach a first settlement in a currency-rigging probe, with a deal possible this year, Bloomberg reported.
GENEVA— Swiss drugmaker Roche Holding AG on Thursday posted a net profit drop of 7 percent compared with a year ago, weighed down by a strong Swiss franc and charges from one of its diagnostic units.
By Shinichi Saoshiro and Ian Chua. TOKYO/ SYDNEY, July 24- The New Zealand dollar skidded to a six-week low on Thursday after the country's central bank switched to a wait-and-see stance following its fourth straight rate hike, while its Australian peer rose after a survey showed China's factory sector expanded at its fastest pace in 18 months.
SYDNEY, July 24- The New Zealand dollar skidded to a six-week low on Thursday after the country's central bank switched to a wait-and-see stance following its fourth straight rate hike, while other major currencies snoozed. The kiwi dollar dropped nearly a full U.S. cent to as low as $0.8606, touching levels not seen since June 12.
CNBC's Bob Pisani explains why emerging market economies are turning around and growing more aggressively again, despite a lack of evidence to support a rally.
NEW YORK, July 23- The U.S. dollar rose to eight-month highs against the euro on Wednesday as worries over tougher sanctions on Russia and their potential impact on fragile euro zone growth weighed on the single currency. Further escalation of tensions between Russia and Ukraine could weigh further on the euro if more trade sanctions are enforced on Russia.
The euro's resolve could be starting to crack, as it cleared "psychologically significant" barriers, according to strategists.
*To file criminal changes against Alstom imminently. David Green, who announced on Monday that the SFO would join U.S. prosecutors and regulators worldwide in investigating allegations of misconduct in the $5.3 trillion- per-day foreign exchange market, said he had "reasonable grounds" to suspect that an offence of serious or complex fraud was involved.
HEAD OF BRITAIN'S SERIOUS FRAUD OFFICE SAYS WOULD NOT DISCOUNT POSSIBILITY OF FOREX CHARGES NEXT YEAR.
SFO'S HEAD DAVID GREEN SAYS FOREX INQUIRY CURRENTLY FOCUSING ON LIMITED NUMBER OF INDIVIDUALS AND FINANCIAL INSTITUTIONS.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a rally for Portuguese banks and Daimler earnings beat forecasts.
Whirlpool missed profit and revenue expectations by a wide margin, and cut their full year forecast.
The euro hit an eight-month low against the dollar on Wednesday as worries drove investors away from the single currency.