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Currencies Foreign Exchange

  • *Canadian dollar at C $1.2257, or 81.59 U.S. cents. TORONTO, Sept 20- The Canadian dollar strengthened on Wednesday against its U.S. counterpart, boosted decision by the U.S. Prices of oil, one of Canada's major exports, were on course for their largest third-quarter gain in 13 years after the Iraqi oil minister said that OPEC and its partners were considering...

  • LONDON, Sept 20- As the Bank of England sends its strongest signal to date that the first interest rate hike in a decade is approaching, could Britain be heading towards its first sterling crisis in a quarter of a century? That dubious record was smashed on June 24, 2016, after Britain voted to leave the European Union, but there has been little talk since of a "sterling...

  • *Yen unmoved by Trump's fiery North Korea rhetoric at the U.N. LONDON, Sept 20- The dollar edged closer to 2-1/ 2- year lows hit earlier this month on Wednesday, as investors waited to see whether ratesetters in the United States would signal tighter policy or hold off because of tepid inflation data. "Fed members have become less hawkish of late, and that has started to...

  • Investors waited to see whether U.S. ratesetters would signal tighter policy or hold off because of tepid inflation data.

  • *FTSE 100 dips 0.2 pct as retail sales boost sterling. LONDON, Sept 20- Britain's major share index dipped on Wednesday on a potentially debilitating jump in sterling after data showed retail sales unexpectedly surged in August. The FTSE 100 fell 0.2 percent as the pound hit its highest so far for the day against the dollar.

  • LONDON, Sept 20- Sterling steadied just above $1.35 on Wednesday, as traders eyed UK retail sales data for their next steer on a currency that has climbed around 6 percent against the dollar in the past four weeks. The pound see-sawed on Tuesday, jumping on a report that Britain's foreign minister Boris Johnson could resign before the weekend if his demands over...

  • LONDON, Sept 20- Sterling steadied just above $1.35 on Wednesday, as traders eyed UK retail sales data for their next steer on a currency that has climbed around 6 percent against the dollar in the past four weeks. The pound see-sawed on Tuesday, jumping on a report that Britain's foreign minister Boris Johnson could resign before the weekend if his demands over...

  • LONDON, Sept 20- The kiwi dollar was the largest mover among major currencies on Wednesday, rising to a 1-1/ 2 month high after a poll showed New Zealand's ruling National Party has a wide lead over the opposition ahead of a general election at the weekend. Support for New Zealand's National Party jumped 6 points to 46 percent, according to the One News- Colmar Brunton...

  • Fed rate decision expected at 1800 GMT. LONDON, Sept 20- Germany's 10- year bond yield hovered near recent five-week highs on Wednesday as investors awaited the conclusion of a U.S. And any weakening in the single currency, up around 14 percent against the dollar this year, could encourage the European Central Bank to press ahead with plans to unwind its hefty...

  • *Yen unmoved by Trump's fiery North Korea rhetoric at the U.N. TOKYO, Sept 20- The dollar was on tenterhooks, trading sideways against major rivals on Wednesday as investors awaited the outcome of the Federal Reserve's meeting at which it was expected to announce plans to trim its $4.2 trillion in bond holdings. "Movements are small as investors are anxious ahead...

  • The key thing to watch for at the Fed's latest meeting

    With the issue of the balance sheet well telegraphed, the key issue at the end of the Fed's September meeting will be the dot plot, says Divya Devesh of Standard Chartered Bank.

  • Saktiandi Supaat of Maybank weighs in on movements in the dollar and U.S. Treasury yields ahead of the Federal Reserve's interest rate decision.

  • *Yen unmoved by Trump's fiery North Korea rhetoric at the U.N. TOKYO, Sept 20- The dollar edged up against a basket of currencies on Wednesday as investors awaited the outcome of the Federal Reserve's meeting at which it was expected to announce plans to trim its $4.2 trillion in bond holdings. President Donald Trump's speech to the U.N. General Assembly on Tuesday,...

  • *Canadian dollar at C $1.2274, or 81.43 U.S. cents. TORONTO, Sept 19- The Canadian dollar edged higher on Tuesday against its U.S. counterpart, shrugging off soft domestic manufacturing data and lower oil prices as the greenback broadly fell ahead of a Federal Reserve interest rate decision on Wednesday. trading at C $1.2274 to the greenback, or 81.47 U.S. cents, up 0.2...

  • SAO PAULO, Sept 19- Latin American currencies treaded water on Tuesday on the first day of the Federal Reserve's widely awaited two-day meeting, when the U.S. central bank is expected to provide further clues on when it will hike interest rates again. "What we're seeing in the markets is the calm before the storm," Coinvalores trader Paulo Nepomuceno said.

  • *Swiss franc hits lowest vs euro since Jan 2015. NEW YORK, Sept 19- The dollar weakened against a basket of currencies on Tuesday in advance of a Federal Reserve meeting where policymakers are expected to decide on the reduction of the central bank's $4.2 trillion worth of bond holdings. "It's just a restless market before the Fed," said Joe Manimbo, senior market...

  • *Swiss franc hits lowest vs euro since Jan 2015. NEW YORK, Sept 19- The dollar weakened against a basket of currencies on Tuesday in advance of a Federal Reserve meeting where policymakers are expected to decide on the reduction of the central bank's $4.2 trillion worth of bond holdings. At 11:33 a.m., the index that tracks the dollar against six currencies was...

  • *Canadian dollar at C $1.2280, or 81.43 U.S. cents. On Monday, the loonie touched its weakest in nearly two weeks at C $1.2338 after a Bank of Canada policymaker said the currency's strength will be a factor in future rate decisions. Prices of oil, one of Canada's major exports, traded close to five-month highs after key Middle Eastern producers showed they continued...

  • LONDON, Sept 19- The dollar hit an eight-week high against the yen on Tuesday as U.S. central bank policymakers meet to discuss further monetary tightening, with renewed calm over North Korea easing demand for perceived safe havens. President Donald Trump will urge U.N. member states to increase pressure on North Korea to give up its nuclear weapons.

  • NEW YORK, Sept 19- One of the best strategies to cash in on the dollar's slide since Donald Trumps election victory is a rather exotic one: buying local emerging market currency bonds. Those investors also viewed as overdone fears that economies like Mexico would suffer from Trump's protectionism and were buying during the post-election emerging markets...