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Currencies Foreign Exchange

  • LONDON, Oct 17- Britain's pound slid to a five-day low after comments by Bank of England policymakers were interpreted by markets as dovish despite newly published inflation data in line with expectations. Silvana Tenreyro, external member of the Monetary Policy Committee, said the upward pressure on inflation from sterling weakness will start to wane in the...

  • BUDAPEST, Oct 17- Central European currencies firmed on Tuesday, with strong economic data and expectations for more to come outweighing political concerns, including a Czech national election due at the weekend. Czech forward rate agreements have fully priced in a 25 basis point increase in the CNB's main rate in the next three months, which it started to...

  • *Canadian dollar at C $1.2539, or 79.75 U.S. cents. Canada sends about 75 percent of its exports to the United States. Trade Representative Robert Lighthizer, Mexican Economy Minister Ildefonso Guajardo and Canadian Foreign Minister Chrystia Freeland are scheduled to meet and take stock of the negotiations before issuing statements at a joint event at 3 p.m..

  • *Sterling dips lower after Bank of England speeches. The greenback was supported by U.S. two-year Treasury yields hitting their highest levels in almost nine years on Monday, after it was reported that Trump was favouring Stanford economist John Taylor to head the Fed. MUFG currency economist Lee Hardman, in London, said the bank would "not be surprised" to see an...

  • LONDON, Oct 17- Sterling slipped below $1.32 for the first time in four days on Tuesday after comments by Bank of England policymakers were interpreted by markets as broadly dovish. "Comments coming out uniformly signaled a dovish and cautious stance among policymakers and indicated a growing debate internally on the path for interest rates forward," said Neil...

  • LONDON, Oct 17- Sterling drifted higher on Tuesday as investors awaited inflation data expected to play a defining role in setting the Bank of England's policy outlook in the coming weeks. Also on Tuesday, BoE Governor Mark Carney may offer further policy clues when he appears before a parliamentary committee. Sterling rose 4 percent to a one-year high of...

  • LONDON, Oct 17- The dollar strengthened to a one-week high against a basket of major currencies on Tuesday, supported by a rise in Treasury yields following a report U.S. U.S. 2- year Treasury yields hit their highest in almost nine years late on Monday, after a report that Trump was favouring Stanford economist John Taylor to head the Fed. MUFG currency economist...

  • TOKYO, Oct 17- The dollar edged up against its peers on Tuesday, supported by a rise in Treasury yields following a report that U.S. Treasury yields bounced from two-week lows and rose after a report on Monday that President Trump was favouring Stanford economist John Taylor, seen as more hawkish than current Chair Janet Yellen, to head the Fed.

  • The dollar rose to a one-week high against a basket of currencies on Tuesday on speculation about the Federal Reserve head.

  • Treasury yields bounced from two-week lows and rose on Monday after a report that President Trump was favouring Stanford economist John Taylor, seen as more hawkish than current Chair Janet Yellen, to head the Fed. But it was allowed to rebound as a stronger Wall Street, good U.S. data and the report about Taylor all came into place to stop the yield decline, "said...

  • Canada and Mexico are grappling with tough demands by the United States to bring major changes to the North American Free Trade Agreement that are increasing the odds the pact will not survive. Canada sends about 75 percent of its exports to the United States, and its economy could suffer if the agreement is not renewed. "Negative NAFTA sentiment seemed to push...

  • *Gains on report Stanford's Taylor impresses Trump. NEW YORK, Oct 16- The U.S. dollar gained slightly on Monday as investors repositioned after disappointing inflation data on Friday sent the greenback to its lowest levels in more than two weeks, and with no major U.S. releases on Monday to sway direction. Weve got a lot of negative news priced in, said Mark McCormick,...

  • *Gains on report Stanford's Taylor impresses Trump. NEW YORK, Oct 16- The U.S. dollar gained slightly on Monday as investors repositioned after disappointing inflation data on Friday sent the greenback to its lowest levels in more than two weeks, and with no major U.S. releases on Monday to sway direction. Weve got a lot of negative news priced in, said Mark McCormick,...

  • LONDON, Oct 16- The pound steadied on Monday, falling back from a four-week high against the euro as bets that upbeat data this week would put the Bank of England on track for a rate rise by year-end were offset by concerns over Britain's exit from the European Union. Prime Minister Theresa May is unlikely to offer new concessions to Brussels over the terms of...

  • NEW YORK, Oct 16- The U.S. dollar was slightly stronger on Monday as investors repositioned after disappointing inflation data on Friday sent the greenback to its lowest levels in more than two weeks. Weve got a lot of negative news priced in, said Mark McCormick, North American head of FX strategy at TD Securities in Toronto. It fell to 92.75 on Friday immediately...

  • *Canadian dollar at C $1.2535, or 79.78 U.S. cents. *Loonie touches its weakest since Oct. 10 at C $1.2545. The Bank of Canada, which raised interest rates in July and September, will release its business outlook report at 10:30 a.m. ET.

  • LONDON, Oct 16- The dollar hit intraday highs on Monday after an U.S. index of business conditions rose to a three-year high, though it held within broad ranges as investors looked towards a Federal Reserve meeting at the end of the month. "We got a bit of a bounce after the Fed Empire state data but the dollar is really treading water at these levels," said Michael Hewson,...

  • LONDON, Oct 16- The euro edged lower on Monday after posting its biggest weekly loss in a month though prices clung to well worn trading ranges before a central bank meeting next week where policymakers are set to unveil a plan to roll back its record stimulus policies. "It is all over to the ECB now and Catalonia and Austria are being discounted as local problems...

  • It's the third week in a row hedge funds have increased their net long euro positions, suggesting they're gunning for a break above $1.20. It hasn't happened though- the euro hasn't been above $1.20 since Sept. 22, pretty much three weeks ago. But it's struggled to keep a foothold above $1.20, and on Monday was trading below $1.18.

  • Euro Dollar

    The dollar gained slightly on Monday as investors repositioned after the greenback hit its lowest levels in more than two weeks on Friday.