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  • *Libya has declared force majeure on 11 oilfields. LONDON, March 5- Brent crude futures pared early gains on Thursday to hover just under $61 as the euro slipped to an 11- year low against the dollar, offsetting concerns about tensions in Iraq and Libya. Brent and WTI rose earlier on Thursday due to concerns about oil supplies from Libya and Iraq.

  • Any euro recovery could hurt US stocks: Trader Thursday, 5 Mar 2015 | 9:34 AM ET

    A stronger euro would "probably would weigh on the stock market," says Jim Iuorio, managing director at TJM Institutional Services.

  • NICOSIA/ FRANKFURT, March 5- The European Central Bank will launch into quantitative easing next week having increased its economic growth forecasts for this year and next. President Mario Draghi said the first bond purchases with new money would take place on March 9. The euro zone's central bank has said it will buy 60 billion euros a month until Sept. 2016 or...

  • *Lack of deal in Iran nuclear talks support crude oil. LONDON, March 5- The euro hit an 11 1/ 2- year low against the dollar and European stocks nudged higher on Thursday, as the European Central Bank prepared to lay out the details of its impending 1 trillion-euro stimulus plan. The common currency fell as low as $1.1026, its lowest since September 2003, and the region's...

  • European Central Bank: Recovery is strengthening Thursday, 5 Mar 2015 | 6:32 AM ET

    NICOSIA, Cyprus— The European Central Bank will unleash its 1.1 trillion euro stimulus program on Monday— and says the prospect is already boosting the eurozone economy. Mario Draghi, the bank's president, said consumers and businesses in the 19 euro countries are benefiting not only from cheaper energy prices but also from optimism over the coming stimulus.

  • *Lack of deal in Iran nuclear talks support crude oil. LONDON, March 5- The euro hit an 11- year low against the dollar and the region's stocks nudged higher on Thursday, as the European Central Bank prepared to provide the finer details of its soon-to-be-launched 1 trillion euro stimulus plan. The common currency fell to as low as $1.1026, its lowest level since...

  • Sterling steady ahead of central bank meetings Thursday, 5 Mar 2015 | 4:34 AM ET

    The Bank of England publishes its March policy decisions at 1200 GMT and is expected to add nothing immediately to the debate over the timing of a interest rate rise, now seen likely early next year. "The euro-dollar fall is dragging the pound down against the dollar and the euro can't fall too fast from here," said Kit Juckes, a strategist with Societe Generale in...

  • LONDON, March 5- The euro fell to a 11-1/ 2 year low against the dollar on Thursday as investors waited for the European Central Bank to announce more details of its massive bond-buying program. The euro fell to $1.1026 in Asia, its lowest since early September 2003. It last traded at $1.1049, down 0.25 percent on the day.

  • TOKYO/ SYDNEY, March 5- The euro slid to its weakest level in more than 11 years against the dollar on Thursday, as investors waited for the European Central Bank to announce more details of its massive bond-buying program. The common currency fell to as low as $1.1026 as of 0653 GMT, its lowest level since September 2003. It last traded at $1.1039, down 0.4 percent on...

  • ECB to offer some stability to the euro: Pro  Thursday, 5 Mar 2015 | 12:34 AM ET

    David Greene, head of Sales at AFEX, outlines his expectations for Thursday's European Central Bank meeting. He adds that the euro could see some stabilization after being hammered overnight.

  • TOKYO/ SYDNEY, March 5- The euro wallowed near its weakest level in over 11 years against the dollar on Thursday, as investors waited for the European Central Bank to announce more details of its massive bond-buying programme. The common currency eased 0.1 percent to $1.1065, holding just above Wednesday's low near $1.1061, which was its lowest level since...

  • *Asia slips after Wall St pulls back before U.S. jobs data. TOKYO, March 5- Asian stocks slipped on Thursday after Wall Street continued to pull back from record highs ahead of Friday's closely-watched U.S. jobs data, while the nervous euro languished at an 11- year low prior to the European Central Bank's policy meeting. MSCI's broadest index of Asia-Pacific...

  • *Europe equities rebound after falling on regional PMI data. NEW YORK, March 4- Stock prices around the world fell on Wednesday on profit-taking, while the euro dropped to an 11-1/ 2- year low ahead of a European Central Bank meeting where policymakers are expected to offer details on their bond-purchase stimulus plan. It held above $60 a barrel on Iran's...

  • Dollar gets data boost; euro sags below $1.11 Wednesday, 4 Mar 2015 | 3:30 PM ET

    The dollar reached highs on Wednesday on solid U.S. jobs and business data, as the euro sank below $1.11 to an 11-1/2 year low.

  • NEW YORK, March 4- The dollar climbed to a fresh 11-1/ 2- year high on Wednesday, boosted by strong U.S. private-sector jobs growth ahead of the launch of quantitative easing by the European Central Bank. The dollar hit its highest since September 2003 against a basket of currencies and was last up 0.6 percent at 95.958. Separately, the Institute for Supply...

  • *ITV, Standard Chartered shares advance. LONDON, March 4- European shares rallied in late trading on Wednesday and closed just below multi-year highs, with export-oriented stocks getting a boost following a sharp decline in the euro to an 11-1/ 2- year low against the dollar after U.S. services data. Generally a good economic number out of the U.S. is good for the...

  • Euro weakness, exports lift southern Europe car output Wednesday, 4 Mar 2015 | 11:25 AM ET

    *FCA is turning the corner in Europe, CEO Marchionne says. GENEVA, March 4- While southern Europe is experiencing at best a patchy economic recovery, the outlook for the region's car makers is a little less bumpy thanks to the weak euro, cheaper oil and labour reforms. At the Geneva auto show, industry executives have warned against overoptimism about what might yet...

  • FOREX-Dollar rallies to new high as euro sags below $1.11 Wednesday, 4 Mar 2015 | 11:10 AM ET

    *Euro sinks below $1.11 to new low. NEW YORK, March 4- The dollar climbed to fresh highs on Wednesday, getting lift from solid U.S. jobs and business data, as the euro sank below $1.11 to an 11-1/ 2 year low ahead of the launch of quantitative easing by the European Central Bank. Separately, the Institute for Supply Management said its services index was 56.9 in February, up...

  • PRECIOUS-Gold retreats on strong dollar after U.S. data Wednesday, 4 Mar 2015 | 10:58 AM ET

    LONDON, March 4- Gold fell on Wednesday, heading for a third day of losses, as the dollar extended gains versus the euro after U.S. economic data. U.S. gold for April delivery dropped $3.90 to $1,200.40 an ounce. "It feels like gold is going to test the $1,200 psychological level," Bernard Sin, senior vice president at MKS Finance.

  • *Europe equities fall after regional PMI data. NEW YORK, March 4- Stock prices around the world fell on Wednesday on profit-taking, while the euro dropped to an 11-1/ 2 year low ahead of a European Central Bank meeting where policymakers are expected to offer details on their bond purchase stimulus plan. Brent crude was just below $60 a barrel after Saudi Arabia's...