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  • 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...

  • *London and Wall St closed for holiday on Monday. LONDON, May 22- European shares slipped off three-week highs on Friday, with luxury goods group Richemont falling on weak sales, while a rebound in the euro also pegged back the region's stock markets. European equities have rallied this year on the back of a government bond buying programme and record low interest...

  • FOREX -Dollar surge cools, eyes on Yellen, inflation Friday, 22 May 2015 | 3:50 AM ET

    LONDON, May 22- The dollar edged lower on Friday but remained on course for its first week of gains against the euro and a basket of major currencies since the start of April ahead of inflation numbers later in the day. Dealers said there might be little appetite for another big move ahead of UK and US public holidays on Monday. The yen was up around a quarter of a...

  • Here's why dollar king will reign supreme   Friday, 22 May 2015 | 12:31 AM ET
    Here's why dollar king will reign supreme

    Sim Moh Siong, FX strategist at Bank of Singapore, expects the Fed to raise rates in September, which will help the U.S. dollar to resume its strength after a brief consolidation in this quarter.

  • TOKYO, May 22- Asian shares rose early on Friday after Wall Street set another record high with prospects for a Federal Reserve rate hike in June all but quashed, while the dollar steadied after losing ground to the euro for the first time this week on downbeat U.S. data. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.2 percent with South Korean...

  • Dollar weakens against euro for first time in week Thursday, 21 May 2015 | 3:17 PM ET

    The U.S. dollar weakened against the euro on Thursday for the first time this week.

  • Sterling surges after UK retail sales boost Thursday, 21 May 2015 | 12:01 PM ET

    LONDON, May 21- Sterling powered to a two-month high against the euro and erased much of this week's loss against the dollar on Thursday after data showed British retail sales rose more strongly than expected in April. "With the recent uptick in the housing market after a winter lull, and consumer confidence at its highest for several years, there's good reason to...

  • FOREX-Dollar weakens against euro for first time in week Thursday, 21 May 2015 | 10:34 AM ET

    NEW YORK, May 21- The U.S. dollar weakened against the euro on Thursday for the first time this week, as investors were reluctant to enter new positions after a dramatic selloff over the past month, and as some economic data disappointed. "People are reluctant to put on strong dollar positions," said Sebastien Galy, senior foreign exchange analyst at Societe Generale...

  • LONDON, May 21- Sterling hit a two-month high versus the euro and jumped against the dollar on Thursday after data showed British retail sales rose more strongly than expected in April, recovering from a fall the previous month. But the sales figures eased concerns that a slowdown in Britain's economy in the first quarter might be the start of a longer period of...