The dollar rose after data showed U.S. jobless claims fell more than expected, reinforcing the view that U.S. interest rates will rise sooner.» Read More
The U.S. dollar strengthened following Fed news after earlier hitting an 8-year high against the Japanese yen.
NEW YORK, Sept 17- The U.S. dollar edged lower against the euro on Wednesday after data showed U.S. consumer prices fell last month, fueling skepticism that the Federal Reserve will adopt a more hawkish tone in a policy statement later in the session.
NEW YORK, Sept 16- The dollar fell to nearly two-week lows against the euro and Swiss franc on Tuesday, pressured by a report that said the Federal Reserve was unlikely to change its dovish stance on near-zero interest rates at a two-day policy meeting that ends on Wednesday.
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LONDON, Sept 16- A renewed drop in the Australian dollar was the main move on major currency markets on Tuesday, with the dollar, euro and yen steady before potentially more dramatic events later in the week. Since then the Aussie has renewed its course, "said Graham Davidson, a spot currency dealer with National Australia Bank in London.
Renewed sales of the Australian dollar were the main move on major currency markets on Tuesday.
*ECB openly addresses economic benefits of weaker euro. FRANKFURT/ TOKYO/ WASHINGTON, Sept 16- Attempts by the European Central Bank to weaken the euro have the potential to spark a currency war but policymakers across the world are keeping silent, knowing the ECB has scant alternatives to keep its economy afloat.
David Nowakowski, senior director of research at Roubini Global Economics, says the ECB is ¿explicit¿ in its desire for a weaker euro. He discusses what implications that has for the German economy.
Sweden's crown fell to a two-month low against the euro after the country elected a minority government.
*China factory output grows at weakest pace in nearly 6 yrs. LONDON, Sept 15- Sweden's crown hit a two-year low against the dollar and a two-month trough versus the euro on Monday after voters elected a minority government, which could trigger political uncertainty in Scandinavia's biggest economy.
LONDON, Sept 15- Sweden's crown fell to a two-month low against the euro on Monday after the country elected a minority government, which could lead to a political impasse in Scandinavia's biggest economy.
The dollar index was headed for a ninth consecutive week of gains after retail sales data added to expectations that U.S. growth is gaining steam.
*FTSEurofirst 300 up 0.1 pct, Euro STOXX 50 up 0.1 pct. *Aveva tumbles after warning about currency impact. PARIS, Sept 12- European shares inched higher early on Friday but remained in a tight range, as investors refrained from taking strong bets on stocks ahead of Scotland's referendum and the U.S.
SYDNEY, Sept 12- The dollar hovered below a 14- month peak against a basket of major currencies early on Friday as the selloff in sterling and the euro tapered off, but commodity currencies remained under pressure. The dollar index last traded at 84.262 after a flat close in New York.
NEW YORK, Sept 11- U.S. stocks closed little changed on Thursday and the dollar dipped slightly against the euro, as data showing more Americans tapping unemployment benefits muddied views on when U.S. policymakers might first raise interest rates. The timing of an expected rate hike in the United States has become a central question for global markets.
NEW YORK, Sept 11- European stocks closed near a one-week low on Thursday and the dollar slipped against the euro after data showed more Americans tapping unemployment benefits, muddying the outlook for when the U.S. central bank might raise interest rates. The timing of an expected rate hike in the United States has become a central question for global markets.
The U.S. dollar hit a six-year high against the yen and sterling recovered some ground after recent nerves over Scottish independence.
NEW YORK, Sept 10- The dollar strengthened to a six-year high against the yen on Wednesday as U.S. "There are so many factors that are supporting the dollar at the moment, mainly its better performance in the U.S., which will likely bring a more hawkish tone from the Fed," said Sireen Harajli, a foreign exchange strategist at Mizuho Corporate Bank in New York.
LONDON, Sept 10- The pound recovered from a 10- month low against the dollar and a three-month trough against the euro on Wednesday as the market paused for breath after a week-long sell off on fears Scotland will vote for independence.