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  • Dollar gains top 1 percent on US rates outlook Tuesday, 26 May 2015 | 3:22 PM ET

    The dollar rose more than 1 percent, extending recent gains driven by increasing expectations the Fed will start raising rates.

  • NEW YORK, May 26- The U.S. dollar rallied on Tuesday after a string of healthy economic data boosted near-term rate hike prospects, while Greece's financial crisis and signs of growing opposition to austerity in Spain weighed further on the euro. Markets in the United States as well as London and Frankfurt returned to action after a long holiday weekend, with the...

  • FOREX-Dollar gains top 1 percent on U.S. rates outlook Tuesday, 26 May 2015 | 11:03 AM ET

    *Euro falls below $1.09, Greek concerns growing. The dollar climbed to its highest in nearly eight years against the Japanese yen and pushed the euro, already weighed down by anxieties over Greece's financial crisis, below $1.09 for the first time in a month. Against the yen, the dollar broke through longer-term resistance and topped 123 yen to a high of 123.28 yen, a...

  • Sterling near 2-1/2 month high against struggling euro Tuesday, 26 May 2015 | 10:15 AM ET

    LONDON, May 26- Sterling rose to a 2-1/ 2 month high against a struggling euro on Tuesday, with the single currency weighed down by Greece's debt problems and interest rate differentials moving in favour of the British pound. It was last trading at 70.87 pence, down 0.1 percent on the day, having been hit in recent days by a senior European Central Bank official who...

  • El-Erian: Greece 'accident' 55% to 60% probability Tuesday, 26 May 2015 | 9:51 AM ET
    Mohamed El-Erian

    There's an ever-increasing probability of a financial "accident" involving debt-strapped Greece, Mohamed El-Erian tells CNBC.

  • LONDON, May 26- Greece's financial crisis and signs of growing opposition to austerity in Spain sent the euro to its lowest level in a month on Tuesday, while shares and commodities took a knock as the dollar powered higher. Europe's main markets returned to action after a long weekend with the mood unsettled by Sunday's strong local election showing by...

  • Sterling hits 2-1/2 month high against a weaker euro Tuesday, 26 May 2015 | 4:41 AM ET

    LONDON, May 26- Sterling rose to a 2-1/ 2 month high against a struggling euro on Tuesday, with the single currency weighed down by Greece's debt problems and interest rate differentials moving in favour of the British pound. The euro has been hit in recent days by a senior European Central Bank official flagging the possibility of aggressive bond buying and...

  • WARSAW, May 26- The dollar rose 1 percent against a basket of currencies on Tuesday, extending gains since a round of improved inflation data last Friday and driving the euro below $1.09 for the first time in a month. In the first proper trade in London since a long holiday weekend, some pointed to growing nerves over Greece, as well as a fall back in German government...

  • Russian rouble opens weaker vs dollar Tuesday, 26 May 2015 | 3:10 AM ET

    MOSCOW, May 26- Russia's rouble opened sharply weaker against the dollar on Tuesday but was little changed against the euro, as the U.S. currency surged on global markets. At 0705 GMT, the rouble was 0.8 percent weaker against the dollar at 50.38 and had lost less than 0.1 percent to trade at 54.90 versus the euro. The dollar was over 1 percent stronger against a basket...

  • *Euro stuck below $1.1000, Greek concerns persist. SYDNEY/ TOKYO, May 26- The dollar scaled a one-month high against a basket of major currencies on Tuesday, having remained bid after comments from Federal Reserve Chair Janet Yellen reinforced a tightening bias on interest rates. Yellen made it clear that the Fed will hike rates and under such conditions the...

  • SINGAPORE, May 26- Gold was stuck in a tight trading range above $1,200 an ounce on Tuesday, as the dollar firmed near a one-month peak against a basket of major currencies on prospects of higher U.S. interest rates this year. *Spot gold was steady at $1,206 an ounce by 0037 GMT. *The greenback was also boosted by weakness in the euro, which was pressured on worries Greece...

  • *Euro stuck below $1.1000, Greek concerns persist. SYDNEY, May 26- The dollar held near one-month highs against a basket of major currencies early on Tuesday, having remained bid in a session made sluggish by public holidays in the United States and Britain. The dollar index last traded at 96.381, not far from a high of 96.475 set late in the Asian session on Monday,...

  • LONDON, May 25- The dollar hit a one-month high against a basket of major currencies on Monday after stronger-than-expected underlying U.S. inflation bolstered the Federal Reserve's case for an interest rate hike later this year. Amid low volumes, with most of Europe as well as the United States shut for a holiday, the dollar index, which measures the greenback...

  • Dollar back in vogue on CPI boost, Yellen's comments Monday, 25 May 2015 | 9:00 AM ET

    The dollar hit a one-month high against a basket of major currencies after stronger-than-expected underlying U.S. inflation bolstered the Fed's case for a rate hike.

  • *Markets in U.S., much of Europe closed on Monday. LONDON, May 25- European shares fell in thin trade on Monday while the dollar powered ahead after U.S. Investor concerns about Greece's debt problems and a poor regional and local election result by Spain's ruling People's Party also weighed on the euro and European shares.

  • LONDON, May 25- The dollar was firm near a two-month high against the yen on Monday and held gains against the euro after stronger-than-expected underlying U.S. inflation supported the Federal Reserve's case for an interest rate hike later this year. Fed Chair Janet Yellen's comments that the central bank was poised to raise rates in 2015 also shored up...

  • Greece casts dark cloud over euro   Monday, 25 May 2015 | 12:43 AM ET
    Greece casts dark cloud over euro

    Until a clearer picture emerges in the case of Greece, the euro will likely continue to stumble, says David Greene, head of Dealing at AFEX Australia.

  • As Greece risks linger, is euro looking vulnerable?

    Ray Attrill, co-head of FX strategy at National Australia Bank, expects the euro to fall to $1.02-1.03 against the U.S. dollar in the second half of 2015.

  • Dollar regains footing, rises after CPI data Friday, 22 May 2015 | 3:40 PM ET

    The U.S. dollar turned higher on Friday, spurred off its early losses by a U.S. inflation report uptick.

  • *London and Wall St closed for holiday on Monday. LONDON, May 22- European shares hovered near three-week highs on Friday, boosted by a dip in the euro on currency markets, although luxury goods stocks underperformed after weak sales figures from Richemont. European equities have rallied this year on the back of a government bond-buying program and record low...