LONDON, Dec 9- The euro rose to a near six-week high against the dollar and close to a five-year peak versus the yen on Monday, after strong U.S. payrolls data and Chinese trade figures bolstered risk appetite.» Read More
LONDON, Dec 8- Daily turnover in the foreign exchange market fell 6 percent to $5 trillion a day in October, as trading in the yen and the euro declined, an analysis by the Bank for International Settlements showed on Sunday.
The dollar rallied against the yen after stronger-than-expected jobs data stoked expectations the Fed may start reducing bond buying sooner than expected.
LONDON, Dec 6- Sterling gained on Friday after a report showed British house prices rose more than expected last month, reinforcing optimism about the economy and expectations that monetary policy tightening will be brought forward. The euro was 0.1 percent lower at 83.55 pence at 1448 GMT.
SYDNEY, Dec 6- The euro traded at five-week highs against the dollar early in Asia on Friday, having powered higher overnight after the European Central Bank gave no fresh indication that it would ease policy anytime soon.
Wahid Chammas, Portfolio Manager with Janus Capital explains why he is very bullish on European equities despite the slow economic recovery there.
*ECB says inflation to stay below target. NEW YORK, Dec 5- The euro rose to a five-week high against the dollar on Thursday after the European Central Bank left a key interest rate unchanged and its president, Mario Draghi, downplayed deflation risks.
The euro rose to a five-week high against the dollar on Thursday after the European Central Bank left a key interest rate unchanged and its president Mario Draghi downplayed deflation risks.
*ECB leaves rates unchanged; inflation to stay below target. NEW YORK, Dec 5- The euro rose to a five-week high against the dollar on Thursday after the European Central Bank left a key interest rate unchanged and its president Mario Draghi downplayed deflation risks.
CNBC's Michelle Caruso-Cabrera reports Portugal, Ireland and Greece plan to return to credit markets in 2014.
Thorsten Polleit, chief economist at Degussa Goldhandel, says some countries in peripheral Europe are reliant on currency fluctuations.
LONDON, Dec 5- Sterling fell to its lowest against the euro in more than a week on Thursday as the European Central Bank upgraded its growth forecasts and the head of the ECB appeared to be cautious about more easing. "The ECB signalled no imminent need for further easing from here," said Valentin Marinov, a currency strategist at Citi.
LONDON, Dec 5- The euro edged up on Thursday after the European Central Bank kept interest rates on hold, with traders on the lookout for the bank's inflation forecasts and any signs it may take more action to prevent deflation.
LONDON, Dec 5- The euro rose to trade near a five-week high against the dollar on Thursday as investors positioned for the European Central Bank's to keep interest rates unchanged with rising German yields lending it support.
SYDNEY/ SINGAPORE, Dec 5- The yen hovered above a five-year low on the euro and a six-month trough versus the dollar on Thursday, with moves lacking conviction as investors held their bets ahead of key events, including crucial U.S. jobs data.
SYDNEY/ SINGAPORE, Dec 5- The yen nudged away from a five-year trough on the euro and a six-month low versus the dollar on Thursday, but the moves lacked conviction as investors held their bets ahead of key events, including crucial U.S. jobs data.
SYDNEY, Dec 5- The yen held off a five-year trough on the euro and a six-month low versus the dollar on Thursday following a whippy session overnight that lacked conviction as key event risks including U.S. jobs data loomed.
NEW YORK, Dec 4- The dollar reversed course and fell against the yen while surrendering gains against the euro on Wednesday as investors took a second look at U.S. data and decided it didn't support an early cutback of monetary stimulus.
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".
The dollar rose against the yen and the euro on Wednesday.
NEW YORK, Dec 4- The dollar rose against the euro and the yen on Wednesday after a batch of data boosted expectations the Federal Reserve may start scaling back its massive stimulus program sooner than expected.