Currencies Foreign Exchange

  • TORONTO, Nov 16- The Canadian dollar strengthened to its highest in more than one week against its U.S. counterpart on Friday, extending this week's gain as the greenback broadly fell and domestic data showed that factory sales edged higher in September. At 4:42 p.m., the Canadian dollar was. The currency touched its strongest level since Nov. 8 at 1.3128.

  • losing run@ Nov 16- Latin American stocks and currencies soared on Friday to more than one-week closing highs, aided by a soft dollar, with assets in Brazil and Mexico putting in particularly strong showings. Federal Reserve Vice Chair Richard Clarida's comments that U.S. interest rates were nearing Fed estimates of a neutral rate as dovish.

  • *Sterling recovers as key Brexiteers back UK PM May's plan. NEW YORK, Nov 16- The dollar fell broadly on Friday in the wake of cautious comments from two U.S. The greenback fell to one-week lows versus the euro and a two-week trough against the yen following comments from Fed Vice Chair Richard Clarida, who told CNBC television he saw some evidence that global growth...

  • The dollar fell broadly on Friday in the wake of cautious comments from two U.S. Federal Reserve officials about global economic growth, while sterling rose following losses tied to fears about a Brexit deal.

  • *CEE units give up gains on UK politics turmoil. BUDAPEST/ WARSAW, Nov 16- Central European currencies reversed early gains on Friday as sterling and the euro retreated after a report that British lawmakers planned to bring a vote of no confidence in Prime Minister Theresa May. That overshadowed speculation that Polish central bank Governor Adam Glapinski...

  • *Nikkei subdued, Asia shares ex- Japan edge up. *Pound shaky after hammering on UK political chaos. London, Paris and Frankfurt markets all gained around 0.4 percent, having been punished the previous day by the resignation of Britain's Brexit minister roughly 12 hours after a draft agreement with the European Union was released.

  • LONDON, Nov 16- The pound rebounded slightly on Friday on reports that a leading eurosceptic minister would not follow other Brexiteers in quitting the British government and as Prime Minister Theresa May struck a defiant tone despite strong opposition to her Brexit deal. The resignations and May's precarious position left investors panicking that...

  • TOKYO, Nov 16- Japan's Government Pension Investment Fund is now able to hedge against fluctuation in the value of various currencies, the head of the world's largest pension fund said on Friday, declining to say whether it had started or will start doing so. GPIF President Norihiro Takahashi, who heads the $1.5 trillion fund, spoke to Reuters in Tokyo as part of the...

  • *Nikkei subdued, Asia shares ex- Japan edge up. SYDNEY, Nov 16- Asian share markets turned mixed on Friday as hopes for a thaw in the Sino-U.S. trade standoff were tempered by disappointing results from U.S. chipmaker Nvidia Corp which slugged the tech sector. Asian shares had started firm after reports the United States might pause on further China tariffs gave Wall...

  • CARMIGNAC'S SAINT-GEORGES EXPECTS EMERGING EQUITIES, FX TO "WIN" IF FED PAUSE IN 2019 WEAKENS DOLLAR.

  • LONDON, Nov 15- Sterling tumbled on Thursday after a series of resignations rocked Prime Minister Theresa May's government and threw into doubt her long-awaited Brexit agreement just hours after it was unveiled. The pound fell 1.8 percent and was set for its biggest drop this year against the euro after Brexit minister Dominic Raab resigned to protest at the...

  • *UK Brexit minister's resignation hits pound. NEW YORK, Nov 15- The sterling tumbled on Thursday after British ministers resigned in protest against a draft Brexit agreement, rekindling fears of a chaotic departure for Britain from the European Union in 4-1/ 2 months. On Thursday, British Prime Minister Theresa May said she won the backing of her senior ministers...

  • The dollar jumped and traders bought into the safe-haven yen on Thursday after Britain's Brexit deal with the European Union was plunged into uncertainty, spooking investors across currency markets. 

  • *Asia rose overnight on U.S.- China trade hopes. Asia had cheered news that China and the United States were back in contact about their bitter trade dispute and oil was holding steady again having snapped out of a record losing streak. London's Brexit minister Dominic Raab quit in protest at Prime Minister Theresa May's deal for leaving the European Union.

  • *Brexit resignations in London hammer sterling. LONDON, Nov 15- The dollar jumped and traders bought into the safe-haven yen on Thursday after Britain's Brexit deal with the European Union was plunged into uncertainty, spooking investors. The resignation of British Brexit minister Dominic Raab sent sterling plummeting more than one percent, reversing the...

  • *China stocks rise on hopes for trade talks. "China clearly wants to give a semblance of measures but its not clear whether the U.S. administration is happy with what China has offered. The broader index for emerging markets witnessed its biggest intraday gain in almost two-weeks, up 1.1 percent, boosted by mainland China shares which rose on news of trade optimism...

  • LONDON, Nov 15- The pound plunged against both the euro and the dollar on Thursday after British Brexit minister Dominic Raab resigned in protest at Prime Minister Theresa May's draft deal for leaving the European Union. Raab said May's plan threatened the integrity of the United Kingdom and he could not support an indefinite backstop arrangement where the EU...

  • LONDON, Nov 15- Sterling slipped on Thursday after a volatile overnight session as UK Prime Minister Theresa May faces an uphill task to get parliament to approve her draft European Union divorce deal. But in a sign of just how hard the vote in the British parliament might be, Shailesh Vara, who backed EU membership in the 2016 referendum, quit on Thursday as a junior...

  • *Sterling pauses as traders brace for backlash in UK. LONDON, Nov 15- The euro strengthened on Thursday as investors cautiously welcomed Britain's draft Brexit deal with the European Union and concerns about the Italian budget stand-off eased. But EU chief negotiator Michel Barnier cautioned that the road to ensuring a smooth UK exit was still long and...

  • Sterling pauses as traders brace for backlash in UK. LONDON, Nov 15- The euro strengthened on Thursday as investors cautiously welcomed Britain's draft Brexit deal with the European Union and concerns about the Italian budget stand-off eased. But EU chief negotiator Michel Barnier cautioned that the road to ensuring a smooth UK exit was still long and...