*Euro wilts as tensions between Ukraine& Russia flare up. SYDNEY, Aug 29- The safe-haven yen held firm early on Friday, while the euro was on track to post its second straight month of declines as tensions between Ukraine and Russia flared up again.» Read More
NEW YORK, Aug 11- The euro slid against the dollar on Monday, giving up Friday's gains, hampered by looming monetary easing from the European Central Bank and worries about the impact of the Russia- Ukraine conflict on Germany, the euro zone's largest economy.
The Norwegian crown hit a seven-week high against the euro after Norway reported consumer inflation unexpectedly jumped in July.
LONDON, Aug 11- The Norwegian crown soared to a seven-week high against the euro on Monday after Norway reported consumer inflation unexpectedly jumped in July, as investors trimmed expectations that the central bank would cut interest rates.
LONDON, Aug 11- The Norwegian crown hit a seven-week high against the euro after Norway reported consumer inflation unexpectedly jumped in July, making it less likely the central bank will cut interest rates.
Gareth Berry, FX Strategist at UBS Investment Bank, says the threat of an escalation in Ukraine will weigh on the euro in the near term. He later discusses if it's time to short the currency.
The euro gained against the dollar and sterling, and investors flocked to the Swiss Franc and yen as Obama approved air strikes in Iraq.
LONDON, Aug 8- The euro gained back some ground against the dollar and sterling on Friday, while investors sought the traditional safety of the yen and Swiss franc after U.S. President Barack Obama approved air strikes in Iraq.
*Euro close to 9- month lows after Draghi underscores Ukraine risk. TOKYO, Aug 8- Asian shares tumbled on Friday as investors sought out safe-haven assets on growing fears that conflicts in Ukraine and the Middle East could sap global growth, extending losses after U.S. President Obama said he had authorized air strikes in Iraq.
Ilya Spivak, Currency Strategist at FXCM, says Russia's retaliatory sanctions may boost inflation in Europe which can discourage the central bank from more easing.
*Wall Street loses early gains to close lower. NEW YORK, Aug 7- European shares slumped and the euro lost ground on Thursday and investors moved to safe-haven government debt after a stronger-than-expected move by Russia to ban certain imports from Europe and the United States.
The yen came under pressure from Japan's plans to increase its pension allocation to the domestic stock market.
*Wall Street up after claims data. NEW YORK, Aug 7- European shares and the euro fell on Thursday and investors retreated to safe-haven government debt after a stronger-than-expected move by Russia to ban certain imports from Europe and the United States. Wall Street was higher in early trading after better-than-expected figures on weekly jobless claims.
*Yen slips as Tokyo shares push higher on the GPIF report. NEW YORK, Aug 7- The euro weakened on Thursday, undermined by the European Central Bank's saying it would leave interest rates unchanged at record lows and that the fragile economic recovery will keep the loose policy in place for an extended period.
LONDON, Aug 7- The yen sagged against the dollar on Thursday on news that Japan's public pension fund plans to increase its allocation to the domestic stock market, while the euro was flat ahead of a monthly decision on interest rates.
LONDON, Aug 7- The first Russian riposte in a sanctions tussle with the West over Ukraine kept European shares and the euro under pressure on Thursday, as markets waited to hear how the European Central Bank would respond to the crisis.
The euro zone has “no future” without reforms, the head of the Bank of Lithuania told CNBC ahead of his country’s accession next January.
SINGAPORE/ SYDNEY, Aug 7- The euro held steady above a nine-month low on Thursday ahead of a policy review by the European Central Bank, while the Aussie dollar tumbled after surprisingly weak Australian jobs data.
With geopolitics weighing on the euro, there's now a greater need for aggressive easing from the European Central Bank, says Hamish Pepper, Forex Strategist, Asia Pacific at Barclays.
Stephen Davies, CEO of Javelin Wealth Management, says retaliatory sanctions from Russia may heighten the need for more interventionist policies from the European Central Bank.
SYDNEY, Aug 7- The euro nursed broad losses early on Thursday after a batch of disappointing data from Italy and Germany soured sentiment for the currency just hours ahead of a policy review by the European Central Bank.