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  • FOREX-Dollar consolidates after payrolls surge Monday, 6 Oct 2014 | 3:56 AM ET

    *Activity lighter than usual due to holidays, Japan typhoon. LONDON, Oct 6- The dollar paused for breath in early European trade after forecast-beating U.S. jobs data on Friday bolstered bets the Federal Reserve would raise interest rates in mid-2015 and took the greenback to as low as $1.25 per euro. "Japan hasn't followed through on the move overnight but to me it...

  • The dollar climbed to a more than four-year peak on Friday after a report showing the U.S. economy created more jobs than expected last month.

  • ZURICH, Oct 3- Switzerland's largest bank UBS could face a fine of up to $6.3 billion if found guilty in an investigation in France into whether it helped wealthy customers there avoid tax, a Swiss newspaper reported on Friday. A French court has already ordered UBS to deposit a 1.1 billion-euro guarantee to cover a portion of potential fines in the case, but Swiss...

  • ZURICH, Oct 3- Switzerland's largest bank UBS could face a fine of up to $6.3 billion if found guilty in a French investigation into whether it helped wealthy customers there avoid tax, a Swiss newspaper reported on Friday. A French court has already ordered UBS to deposit a 1.1 billion-euro guarantee to cover a portion of potential fines in the case, but Swiss...

  • NEW YORK, Oct 2- Stocks worldwide were lower on Thursday after European Central Bank President Mario Draghi failed to provide jittery markets with a specific stimulus program for the euro zone's flagging recovery, while U.S. markets steadied after a recent sell-off. But on Wall Street, the S&P 500 managed to turn modestly higher after falling to its lowest level...

  • *ECB's Draghi give no hint of imminent QE. NEW YORK, Oct 2- The euro gained against the dollar on Thursday for the first time in eight days after European Central Bank President Mario Draghi gave no indication of an imminent stimulus program through the purchase of sovereign bonds. "The euro rose not because of what Draghi said, but what he didn't say," said Omer Esiner,...

  • NEW YORK, Oct 2- Stocks worldwide slumped on Thursday after European Central Bank President Mario Draghi failed to provide jittery markets with a specific stimulus program for the euro zone's flagging recovery, and U.S. markets slid for a fourth straight day. On Wall Street, the S&P 500 sank to its lowest level since Aug. 8, stung by declines in energy shares.

  • *ECB's Draghi give no hint of imminent QE. NEW YORK, Oct 2- The euro gained against the dollar on Thursday for the first time in eight days, after European Central Bank President Mario Draghi gave no indication of an imminent stimulus program through the purchase of sovereign bonds. "The euro rose not because of what Draghi said, but what he didn't say," said Omer Esiner,...

  • Exchange rate is not a policy target: Draghi     Thursday, 2 Oct 2014 | 8:50 AM ET

    The exchange rate is not a policy target for the ECB says Mario Draghi, president of the ECB, explaining that recent moves are in part due to monetary policy divergence.

  • LONDON, Oct 2- The euro retained its small gains against the dollar on Thursday but remained near a two-year low after the European Central Bank kept interest rates unchanged at historic lows as expected. Investors are now awaiting a news conference at 1230 GMT at which the bank's President Mario Draghi is expected to give further details of the ECB's plan to buy...

  • Trading block: Crude slides; US dollar reigns     Thursday, 2 Oct 2014 | 7:44 AM ET

    Matt Smith, Schneider Electric, discusses why crude prices are hitting 52-week lows. And Boris Schlossberg, BK Asset Manangement, provides his play on the euro versus the U.S. dollar.

  • *Europe stocks drop as global sell-off continues. LONDON, Oct 2- World stocks and oil were knocked hard on Thursday after global manufacturing data and an Ebola health scare in the United States spooked markets, sending investors scurrying to the safety of U.S. bonds, the yen and gold. Confirmation of a case of Ebola in the United States joined a growing list of...

  • LONDON, Oct 2- World stocks were knocked hard on Thursday after global manufacturing data and an Ebola health scare in the United States spooked markets, sending investors scurrying to the safety of U.S. bonds, the yen and gold. All that pushed MSCI's 45- country world stock index to a five-month low and Britain's FTSE, Germany's DAX and France's CAX fell 0.3-0.6...

  • Dollar retreats as investors turn risk-averse Thursday, 2 Oct 2014 | 4:56 AM ET

    The yen held its gains against the dollar on Thursday after weak manufacturing surveys from around the globe and an Ebola health scare in the United States.

  • Is the US dollar rally losing steam?     Wednesday, 1 Oct 2014 | 11:10 PM ET

    With the European Central Bank unlikely to unveil fresh stimulus on Thursday, the U.S. dollar rally could be coming to an end, says Mark Matthews, Head of Research for Asia at Bank Julius Baer.

  • SYDNEY, Oct 2- The safe-haven yen held onto solid gains early on Thursday after disappointing manufacturing surveys from around the globe triggered a run on risk, while the euro stayed defensive as a policy review by the European Central Bank loomed. Investors warmed to the Japanese currency after a slew of surveys showed German factory activity shrank for the...

  • The dollar dropped from six-year highs against the yen on Wednesday, weighed down by a fall in U.S. Treasury debt yields.

  • We're 'fully hedged' on currency effect: BMW     Wednesday, 1 Oct 2014 | 11:00 AM ET

    BMW is "fully hedged" against the falling euro says Ian Robertson, head of sales and marketing at BMW, adding that the weaker currency should not affect the group's 2014 performance.

  • LONDON, Oct 1- The dollar rose above 110 yen for the first time in six years and held near a two-year peak against the euro on Wednesday as investors added to bets that U.S. economic data will lead the Federal Reserve to tighten monetary policy. The dollar was up 0.25 percent at 109.90, having risen past 110 yen during Asian trade.

  • Trading the euro: A seat on the Titanic? Wednesday, 1 Oct 2014 | 6:07 AM ET

    Currency strategists are weighing up whether to join a crowded trade or get comfortable with what has been described as a "seat on the Titanic."