The Australian dollar slid to a fresh six-month low after a set of disappointing Chinese data weighed on already soft demand.» Read More
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.
The dollar also trounced the Australian dollar and several emerging currencies on Wednesday, the latest sign of a long-awaited return of volatility.
LONDON, Sept 10- Sterling hit a fresh 10- month low against the dollar and a three-month trough against the euro on Wednesday, with traders citing an online survey on the Scottish independence which gave the "Yes" camp a strong lead.
Carter Worth, chief market technician at Sterne Agee, discusses the recent moves in the dollar, euro and sterling and advises exiting the euro short trade.
*FTSEurofirst 300, Euro STOXX 50 down 0.4 pct. LONDON, Sept 10- Europe's leading shares fell for a fourth straight session on Wednesday, with Spain's top lender Santander the biggest drag after the death of its chairman prompted worries over a successor.
Investors bet that the U.S. economy is growing at a pace that is likely to lead the Federal Reserve to begin raising interest rates next year.
NEW YORK, Sept 9- The dollar hit a 14- month peak against a basket of currencies on Tuesday as investors bet that the U.S. economy is growing at a pace that is likely to lead the Federal Reserve to begin raising interest rates next year.
BERLIN, Sept 9- German venture capital group Rocket Internet is set to unveil plans on Wednesday to float a stake of just below 15 percent in the company in an IPO worth about 750 million euros, two sources familiar with the transaction told Reuters on Tuesday.
Greece's Alexis Tsipras, unlike France's Le Pen and UK's Farage, favors more European integration.
NEW YORK, Sept 9- The dollar hit a 14- month peak against the euro on Tuesday, on optimism the U.S. economy is growing in line with expectations that the Federal Reserve may begin raising interest rates next year.
LONDON, Sept 9- A robust dollar swept to a 14- month high on Tuesday as investors tweaked bets on an early hike in U.S. interest rates, burdening oil, gold and stocks in the energy majors. As the dollar broke to a six-year peak on the yen and a 14- month top against the euro, gold sagged to a three-month trough and Brent oil settled below the $100 a barrel mark.
NEW YORK, Sept 8- The U.S. dollar hit a six-year high against the yen and a more than one-year high against the euro on Monday, posting broad gains on a day lacking any significant data or new central bank information.
Sterling plunged on fears over the outcome of Scotland's upcoming independence referendum and the Australian and Brazilian currencies also dropped.
NEW YORK/ LONDON Sept 8- Sterling dived to its lowest against the dollar in nearly 10 months on Monday after a poll for the first time showed Scotland was ready to vote to break up its three-century-old union with the rest of the United Kingdom.
--Neal Kimberley is an FX market analyst for Reuters. LONDON, Sept 8- Further falls in the value of the euro are the only logical conclusion after Thursday's European Central Bank policy moves and despite Friday's below-forecast U.S. jobs data.
Patrick Armstrong, CIO of Plurimi Investment Managers, says a weaker euro will help luxury goods companies' earnings.