Moritz Kraemer, chief sovereign rating officer at Standard & Poor's (S&P), tells CNBC that the euro zone has been working on rebalancing its economy, but that "much more needs to be done".» Read More
LONDON, Dec 4- The dollar pared earlier gains on Wednesday as investors positioned themselves for U.S. data later this week that could be key indicators of when the Federal Reserve will slow its huge bond-buying programme.
LONDON, Dec 4- The dollar rose against the yen and the euro on Wednesday as expectations grew that key economic data from the United States this week could increase pressure on the Federal Reserve to exit its bond-buying programme.
SYDNEY, Dec 4- The yen was squeezed higher across the board early in Asia on Wednesday, enjoying a bit of a reprieve as investors locked in profits ahead of major risk events including U.S. jobs data due later in the week. The dollar retreated to 102.35 yen from a six-month peak of 103.38 yen, while the euro slipped to 139.11 yen from a five-year high of 140.03.
The yen rose against the dollar and the euro on Tuesday, rebounding from losses as falling stock markets worldwide prompted safe-haven demand for the Japanese currency.
NEW YORK, Dec 3- The yen rose against the dollar and the euro on Tuesday, rebounding from losses as falling stock markets worldwide prompted safe-haven demand for the Japanese currency. The dollar fell 0.4 percent to 102.54 yen after reaching 103.37 yen in Asian trading, according to Reuters data.
NEW YORK, Dec 3- The yen rose against the dollar and the euro on Tuesday, rebounding from losses as falling stock markets worldwide prompted safe-haven demand for the Japanese currency. The dollar fell 0.5 percent to 102.49 yen after reaching 103.37 yen in Asian trading, according to Reuters data.
LONDON, Dec 3- The yen recovered from early losses to trade higher against the dollar and euro on Tuesday, as investors took profits from a month-long rally and global equity markets declined, driving demand for the safe-haven currency. The dollar was down 0.3 percent against the yen at 102.65 yen after reaching 103.38 yen in Asian trading.
Cyprus' debt has been upgraded just 9 months after a massive banking crisis on the tiny island nation. CNBC's Michelle Caruso-Cabrera provides insight on her interview with Cypriot Finance Minister Harrris Georgiades about the country's recovery, and bitcoin.
TOKYO/ SYDNEY, Dec 3- The yen wallowed near six-month lows against the dollar on Tuesday, and five-year lows against the euro and sterling due to prospects of the Bank of Japan taking more stimulus steps. The dollar hit 103.165 yen, inching closer to its May 22 peak of 103.74 yen and last stood at 103.10 yen, up 0.2 percent from late U.S. levels.
HONG KONG, Dec 3- China's yuan currency overtook the euro in October, becoming the second-most used currency in trade finance, global transaction services organisation SWIFT said on Tuesday. The top five countries using the yuan for trade finance in October were China, Hong Kong, Singapore, Germany and Australia, SWIFT said in a statement.
The dollar climbed to a more than six-month high against the yen on Monday on speculation the Bank of Japan may expand its already massive economic stimulus.
LONDON, Dec 2- The euro is poised to become the best performing major currency of 2013, defying expectations of weakness for another year but complicating the European Central Bank's fight to avert deflation. Federal Reserve and the Bank of Japan, making the euro a more attractive investment.
*HSBC final PMI suggests China manufacturing stable. LONDON, Dec 2- World shares dipped and the dollar strengthened on Monday, as investors waited for key U.S. data this week after a decent reading on China manufacturing and some mixed euro zone PMIs.
Bart van Ark, Chief Economist at The Conference Board is positive on global growth for 2014, and says U.S. GDP could rise to 2.3 percent.
The euro traded near a five-year peak against the yen and a one-month high against the dollar.
*Gold heads for big monthly fall. The Nikkei in Tokyo notched up its best November since 2005 despite some late profit taking in Asia, as the yen, at a five-year against the euro and a six-month low versus the dollar, boosted hopes for its big exporting firms.
TOKYO, Nov 29- Japanese stocks faltered slightly on Friday after hitting their highest closing level in nearly six years in the previous session, but still revelled in the sliding yen to record their best November performance since 2005..
Miles Eakers, head of foreign exchange at Savi Trading, discusses how to trade the euro amid the ongoing rhetoric from the European Central Bank.
TOKYO, Nov 29- Japanese stocks paused for breath on Friday after hitting their highest closing level in nearly six years on Thursday, though they are still on track for their best November gain since 1998 as the yen tumbled.
Investors have been using the yen as a funding currency for carry trades with the Bank of Japan committed to keeping ultra-loose monetary policy to shore up growth-- a contrast with the U.S.