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  • UPDATE 1-LVMH says no plan to harmonise prices for now Tuesday, 14 Apr 2015 | 10:36 AM ET

    Several luxury brands, including watch makers such as Patek Philippe, have lowered prices in Asia in recent months to reflect the strength of the U.S. dollar and the weakness of the euro. They are also keen to narrow price discrepancies between Asia, the United States and Europe, which can often be more than 50 percent and can fuel parallel trading practices.

  • LONDON, April 14- The yen rose across the board on Tuesday, hitting a two-year high against the euro, after an economic adviser to Japan's Prime Minister Shinzo Abe indicated that the currency might have fallen too far and needed to retrace some of its losses. Koichi Hamada said on Monday that the yen's level of around 120 per dollar was very weak and that 105 yen to...

  • LONDON, April 14- European share markets touched a 14- year high on Tuesday, supported by takeover talks between telecoms equipment firms Nokia and Alcatel Lucent, while a shifting global monetary policy outlook weighed on the euro. The talks between Finland's Nokia and its French rival Alcatel, which could create a group worth over 40 billion euros, came as a...

  • FOREX-Yen hits 2-year high against a broadly weak euro Tuesday, 14 Apr 2015 | 3:54 AM ET

    LONDON, April 14- The yen rose to a two-year high against a broadly struggling euro on Tuesday, after an economic adviser to Japan's Prime Minister Shinzo Abe indicated that the yen might have fallen too far and needed to retrace some of its losses. The yen's rebound also came after the Bank of Japan signaled on Monday that the benefits of its stimulus program were...

  • *Singapore skips chance to further ease monetary policy. SYDNEY, April 14- Chinese shares fought to sustain yet another seven-year peak on Tuesday a day before the country updates on economic growth, while much of the rest of Asia took a breather after recent hefty gains. China's central bank continued to slowly relax its policy by guiding short-term money...

  • FOREX-Yen broadly higher in Asia, euro under pressure Tuesday, 14 Apr 2015 | 1:19 AM ET

    TOKYO/ SYDNEY, April 14- The euro brushed a fresh two-year low against a broadly firmer yen on Tuesday, as the Japanese currency doggedly held on to gains made in the previous session. Analysts and market participants said the trigger for investors to unwind their bearish yen positions overnight was comments from Koichi Hamada, an economic adviser to Japan's...

  • The factors that are weighing on the euro   Tuesday, 14 Apr 2015 | 12:44 AM ET
    The factors that are weighing on the euro

    Sean Callow, senior currency strategist at Westpac Bank, says uncertainty over Greece and the European Central Bank's bond-buying program will keep the euro weak.

  • FOREX-Yen broadly higher in Asia, sterling off lows Monday, 13 Apr 2015 | 7:46 PM ET

    *Antipodeans still struggling after disappointing China data. SYDNEY, April 14- The yen hovered just below a two-year peak against the euro early on Tuesday and was broadly firmer versus other major currencies as investors shed bearish positions overnight. Analysts said the move was triggered by comments from Koichi Hamada, an economic adviser to Japan's...

  • Dollar rises against euro on continued Fed hike bets Monday, 13 Apr 2015 | 3:29 PM ET
    Euro banknotes

    The dollar rose against the euro in a continuation of last week's bets that the Fed will hike interest rates in the coming months.

  • BERLIN, April 13- Germany has not heard of any complaints from the United States so far over "currency dumping" or that the euro is too weak, a German government official said on Monday.

  • *Australian dollar hit by shock fall in China exports. Federal Reserve will hike interest rates in the coming months, while the yen edged higher on uncertainty surrounding the Bank of Japan's easing policies. The dollar's strength against the euro was a "spillover" from last week's commentary from the Fed, said Alan Ruskin, global head of currency strategy at...

  • *Australian dollar hit by shock fall in China exports. LONDON, April 13- The euro tumbled back towards $1.05 on Monday, hitting its weakest in four weeks as the dollar's resurgence continued on bets the U.S. The single currency fell as much as 0.8 percent against the dollar to trade at $1.05205, close to a 12- year trough of $1.0457 hit in March, with traders citing both...

  • Europe's equities showing signs of reform: Jim O'Neill

    Former Goldman Sachs Asset Management Chairman Jim O'Neill, shares his outlook on European markets, amid structural reforms and the ECB's quantitative easing program.

  • Morocco moves closer to dollar in currency weighting Monday, 13 Apr 2015 | 4:55 AM ET

    RABAT, Morocco— Morocco's central bank has announced a shift in the weighting of the dollar and euro for the valuation of the country's currency, the dihram. Previously the dirham's value was 80 percent determined by the euro and just 20 percent by the dollar, but now it will be just 60 percent weighted to the euro and 40 percent to the dollar. The shift comes as the...

  • ECB's credit stimulus 'having an effect'   Monday, 13 Apr 2015 | 4:15 AM ET
    ECB's credit stimulus 'having an effect'

    Stephen Macklow Smith, head of the strategy team for European equities at J.P. Morgan Asset Management, says that the European Central Bank's bond-buying programme and its credit stimulus is having an effect on European equities.

  • NEW YORK, April 10- The euro slumped for a fifth straight session against the U.S. dollar on Friday to a 3-1/ 2 week low as falling European interest rates drove investors into greenbacks and the yen. The euro traded around $1.06005, off 0.54 percent on the EBS trading platform. It had slumped to $1.05670, its weakest level since March 17.

  • Euro undermined by force of rate differentials Friday, 10 Apr 2015 | 3:20 PM ET
    Euro Dollar rates currency

    The euro slumped for a fifth straight session against the dollar on Friday to a 3-1/2 week low as falling European interest rates.

  • Strong dollar/weak euro bad for stocks: Pro   Friday, 10 Apr 2015 | 2:36 PM ET
    Strong dollar/weak euro bad for stocks: Pro

    What does the dollar strength and the euro weakness mean for U.S. stocks? Boris Schlossberg, BK Asset Management, and David Seaburg, Cowen & Co, provide perspective.

  • MOSCOW, April 10- The Russian rouble retreated on Friday afternoon, having surged to fresh 2015 highs in the morning, after the central bank said it was increasing the rate at which it lends foreign currency to banks in weekly repo auctions. At 1335 GMT the rouble was 0.4 percent down against the dollar at 52.05 and down 0.3 percent to 55.19 against the euro.

  • European shares hit highest since 2000 as euro falls Friday, 10 Apr 2015 | 9:56 AM ET

    LONDON/ PARIS, April 10- European shares powered ahead to their highest level since 2000 on Friday, helped by further declines in an already weak euro that is seen supporting an economic recovery and boosting corporate profits. Germany's DAX index, which includes dividends unlike most other benchmarks, was up 1.5 percent, hitting a record high, while France's CAC...